Rangers valued at $825 million by Forbes

Posted Wednesday, Mar. 26, 2014  comments  Print Reprints
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Five MLB teams have been valued at more than $1 billion by Forbes, but the Texas Rangers aren’t in that group yet.

They are the seventh-most valued team in baseball, though, coming in at $825 million. It’s been a steady climb the past few years for the Rangers, as the current ownership group led by Bob Simpson and Ray Davis purchased the club out of bankruptcy with a winning bid of $593 million in August 2010.

The $825 million is an eight percent increase from last season. According to Forbes, the Rangers’ revenue was $257 million last season and they were in the red in terms of operating income, losing $4.9 million.

As far as the team’s payroll, the Rangers are expected to be in the $135 million range this season.

The most valuable team remains to be the New York Yankees ($2.5 billion) followed by the Los Angeles Dodgers ($2 billion), the Boston Red Sox ($1.5 billion), the Chicago Cubs ($1.2 billion) and the San Francisco Giants ($1 billion). The Philadelphia Phillies ($975 million) are also ahead of the Rangers.

The least valuable team is the Tampa Bay Rays at $485 million.

Briefly

• Adrian Beltre on the team going into the season: “There’s no dobut we’ve been hit a little bit with a couple injuries lately, but we still believe in the guys who are going to step up and fill in until the other guys’ come back. It’s our job as a team to make sure we do our stuff right and try to fill those holes until everyone is healthy and ready to go.”

• Right-hander Scott Baker has agreed to a minor-league contract with the Rangers and will be in their Triple A rotation. The deal is pending a physical.

Drew Davison, 817-390-7760 Twitter: @drewdavison

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Week 5Full Scoreboard
Thursday
Minnesota 8:25 PM ET
Green Bay TV: CBS/NFL Network
Sunday
Chicago 1:00 PM ET
Carolina TV: FOX
Houston 1:00 PM ET
Dallas TV: CBS
Buffalo 1:00 PM ET
Detroit TV: FOX
Baltimore 1:00 PM ET
Indianapolis TV: CBS
Pittsburgh 1:00 PM ET
Jacksonville TV: CBS
Tampa Bay 1:00 PM ET
New Orleans TV: FOX
Atlanta 1:00 PM ET
NY Giants TV: FOX
St. Louis 1:00 PM ET
Philadelphia TV: FOX
Cleveland 1:00 PM ET
Tennessee TV: CBS
Arizona 4:05 PM ET
Denver TV: FOX
NY Jets 4:25 PM ET
San Diego TV: CBS
Kansas City 4:25 PM ET
San Francisco TV: CBS
Cincinnati 8:30 PM ET
New England TV: NBC
Monday
Seattle 8:30 PM ET
Washington TV: ESPN
Full Scoreboard
Wednesday, October 01Full Scoreboard
Carolina3Final | Box
Columbus «6
Washington1Final | Box
Buffalo «6
Pittsburgh «2Final | Box
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Chicago1
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Edmonton «3
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