The value of a baseball franchise is rising, and the
Forbes released its annual report on the value of each Major League Baseball organization today, and the Orioles rank 17th with an estimated value of $618 million. The Orioles ranked 19th of the 30 teams a year ago with a value of $460 million.
The average baseball team is now worth $744 million, according to the study, 23 percent more than a year ago and the largest increase since Forbes began such analysis in 1998.
Last season, attendance at
Forbes lists the Orioles' 2012 revenue at $206 million and their operating income at $30.1 million.