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…
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.
, which was released Thursday. MLB values reached record highs – and profits – despite a season that was delayed by a lockout and media rights squabbles. The Giants’ value went up six percent, according to the report, despite a disappointing season that saw them go 81-81 and finish third in the NL West after a captivating 2021 that included the franchise’s first division title in nine years. The Giants reportedly made $421 million in revenue last season despite ranking 12th in the majors in attendance. The Giants’ payroll of about $162 million last season ranked 12th , according to Spotrac.com.
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