The Giants and the A’s didn’t provide Bay Area baseball fans much to cheer about on the field last season, but both teams’ bottom lines were big winners.
Despite missing the playoffs, the Giants turned the second-largest profit in the majors last season ($74.9 million), while the A’s were the fifth-most profitable team ($62.2 million) despite losing 100 games for just the second time in Oakland franchise history and ranking dead last among the 30 teams in attendance.
Those were just a few of the surprising financial details to come out of Forbes’ annual report of MLB valuations, which was released Thursday. MLB values reached record highs – and