Bull Durham No More: Minor Leagues Have Major Money

Once known for cheap thrills, baseball's lower echelons generating tidy profits
By Clay Dillow,  Newser Staff
Posted Aug 7, 2008 7:28 PM CDT
Smaller ballparks mean less tickets. But low player costs (which are shouldered by their big league counterparts) make minor league organizations' margins ideal.   (Getty Images)
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(Newser) – If your impression of minor league baseball is still Bull Durham-era, Forbes has an update for you. Gone are dirt-poor players traveling to low-tech stadiums on creaky buses: The top 20 teams are worth an average $21.2 million each, and they pulled in $9.8 million per team last season, of which 49% came from ticket sales.

The top 5 teams by franchise value:

  1. The Sacramento River Cats, worth $29.8 million.
  2. The Memphis Redbirds, worth $26.1 million.
  3. The Frisco (Texas) Rough Riders, worth $24.6 million.
  4. The Round Rock (Texas) Express, worth $24.2 million.
  5. The Indianapolis Indians, worth $22.2 million (and publicly traded under the symbol INDN).
For the complete list, follow the link  below.