The Marlins Are Worth $243 Million More Than They Were Four Years Ago

Categories: Sports
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Jeffrey Loria may try to paint the Miami Marlins as a money drain, but he's certainly getting a big ol' bang for his investment buck. According to new Forbes estimates out today, the Marlins are worth $520 million. That's only 26th in the league, but significantly up from the $360 million the team was worth just two years ago.

See also:
- The Screwball Economics of Major League Baseball
- Six Lies About the Marlins Stadium


Forbes estimates the team brought in $195 million in revenue last year, but that their net operating income was in the negative by $7.1 million. That would be the third-lowest operating income in the league, behind only the Angels of Anaheim and Texas Rangers.

Forbes estimated that the team was worth $450 million in 2012, and $360 million in 2011.

In 2009, Forbes estimated the team was worth just $277 million. At the time that was the lowest valuation in baseball.

Owner Jeffrey Loria bought the Marlins in 2002 for just $158.5 million (which included a hefty no-interest loan form the MLB).

So if Loria were to sell the Marlins today for the Forbes estimate of $520 million, he'd be walking away with about $360 million. Oddly, that's just a little less than the City of Miami and Miami-Dade county originally shelled out to build him that new park.

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15 comments
TaxpayersScrewed
TaxpayersScrewed

Miami-Dade taxpayers are forced to pay over $3 BILLION for the Marlins Stadium and Garage.  Loria keeps 100% of all revenues.

TaxpayersScrewed
TaxpayersScrewed

Miami-Dade taxpayers are forced to pay over $3 BILLION for the Marlins Stadium and Garage.  Loria keeps 100% of all revenues.

TaxpayersScrewed
TaxpayersScrewed

Miami-Dade taxpayers are forced to pay over $3 BILLION for the Marlins Stadium and Garage.  Loria keeps 100% of all revenues.

James G. Camp
James G. Camp

$ 520 million total value, not bad for a $ 634 million stadium.

Riselda Ruiz
Riselda Ruiz

Burbank, the baseball community is "ambigous" about the Marlins? Seriously? How many times does the team have to be dismantled and the fans lied to? How are fans suppose to be loyal to a team whose only constant is Billy the Marlin and a greedy owner?

Oscar Armando Hernandez
Oscar Armando Hernandez

Cant forget deception and lies my friends, specially when it involves MILLIONS of $$$. Lastly, the land is TAX FREE, take a wild guess who is covering that...with that being said, gotta love the Marlins eh?

Daniel Lopez-Recio
Daniel Lopez-Recio

I agree with Juan. Forget the team, the owners, and the politicians. Its the shitty fairweather fans that are in south florida that make it a bad sports town. People stay with your team through thick and thin if you dont than we dont deserve any professional sports in south florida.

Juan R. Pollo
Juan R. Pollo

I'm taking names to publicly embarrass each one of these haters when they jump on the bandwagon. Face it, the stadium is beautiful, the fans are going and this year will be good. Deal with it.

Alexander Fernandez
Alexander Fernandez

This may be the most embarrassing season in sports history. Seriously, I can see MLB stepping in and forcing the carpetbaggers to sell for the greater good of the game.

Oscar Armando Hernandez
Oscar Armando Hernandez

Yup, i remember arguing with friends about the Marlins...crooked city politicians + team = deception.

Rayman Jewsone
Rayman Jewsone

fuck them and there new stupid ass design! worthless as fuck team fuck them

Burbank Okuda
Burbank Okuda

Sell the team and move it to a city that supports sports other than Basketball...Dolphins can't fill the joint (who wants to go to Miami Gardens) and the baseball community is ambivilent. Time to be realistic no more monies for the Dolphins and get what we can from the sale of the marlins.

Alex Fumero
Alex Fumero

You are a bunch of haters though. Don't see why being right and being haters are mutually exclusive, guys. :-*

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