4/20/2016

AtlantaBravesontheForbesMLBTeamValuationsList

AtlantaBraves
TeamValue 1 $1,175M
TeamValuecalculatedMarch2016

Follow(15)

AtaGlance

ForbesLists

Owner:LibertyMedia

#13MLBTeam
Valuations

Championships:3
PricePaid:$400M
YearPurchased:2007
Revenue 2 :$266M

Numbers
ValuationBreakdown

OperatingIncome 3 :$27.8M
Debt/Value 4 :0%
PlayerExpenses 5 :$125M
GateReceipts 6 :$49M

Sport 9
$334M

Winstoplayercostratio 7 :87
RevenueperFan 8 :$35
MetroAreaPopulation:5.5M

Market 10
$507M
Stadium 11
$201M
Brand 12
$139M

Profile
Attendancelastseasonfell15%toitslowestlevelsince1990asthe
teamoverhauleditsroster.TheBraves'new$672stadiumin
CobbCounty,expectedtobefinishedin2017,willusenearly
$372millionofpublicmoneytobuildtheballpark.TheBraves

ValueChange
1YrChange

2%
AnnualizedChange 13

13%

securedanamingrightsdealwithSunTrustBankworth$250
millionover25years.TheBravesareownedbyLibertyMedia,a
http://www.forbes.com/teams/atlantabraves/

Historical
1/5

4/20/2016

AtlantaBravesontheForbesMLBTeamValuationsList

publiclytradedcompanyinthemedia,communicationsand

PlayerExpenses 5

entertainmentbusinesses.Libertyalsoownsfiveminorleague

$125M

baseballclubs(GwinnettBraves,theMississippiBraves,the
RomeBraves,theDanvilleBraves,andtheGCLBraves)anda
baseballacademyintheDominicanRepublic.

JohnMalone'sAtlanta
BravesStockTanks
OnOpeningDay

OperatingIncome 3
$27.8M

MoreonForbes

Revenue 2
$266M

Winstoplayercostratio 7

Notsurewhyanyonewouldwanttobuy
sharesofatrackingstock,especiallyits
IPO.ReadersofForbesknewyearsagothatinitialpublic
offeringsarehistoricallyabadinvestmentwhenfirstissued.And
trackingstocksgiveownersnosayinmanagementandclaimon
theassets.
Butsportsteamscarryacertaincachet,whichmayread
MikeOzanian,ForbesStaff

MLBTheShow16:
HowToGetFull
MinorLeaguesFor
EveryTeam
MLBTheShow16offersaprettysolid
rosterinitiallyanditgetsevenmoreaccurateafterupdates.Even
withrelativelyregularupdates,therearesomeplayersthegame
cantlegallyinclude.Specifically,anyminorleaguerwhohas
neverplayedinthemajorsisnotcoveredinSony&#039s
agreementtoincludeplayersthroughtheread
BrianMazique,Contributor

WallStreetTycoon
http://www.forbes.com/teams/atlantabraves/

2/5

4/20/2016

AtlantaBravesontheForbesMLBTeamValuationsList

ExplainsWhyHePaid
Record$365KMike
Piazza's9/11Jersey
AnthonyScaramucciismanythings.Heis
thefounderandmanagingpartnerofSkyBridge,aglobal
investmentfirmbasedinNewYorkCity.HeishostofWallStreet
WeekonFoxBusinessandafrequentcontributortotheFox
Newschannel.Heisaphilanthropist.Andheisalifelong,avid
MetsfanandnativeNewYorkerwhoownsasmallsliver
ofread
DavidSeideman,Contributor

30TeamsIn30Days:
AtlantaBravesMust
PlayPatienceCard
TheAtlantaBravesareafarcryfromwhat
theywere25yearsago.Backthen,in1991,
theteamwonthefirstofwhatwouldbecome14consecutive
divisiontitlesthankstoacombinationofshrewdspendinginfree
agencyandhomegrowntalentthatgelledtogetherjustperfectly.
Fastforwardtotoday,andtheBravesaretheexact
oppositeread
JoshBenjamin,Contributor

PapaJohn'sBecomes
'OfficialPizzaOf
MLB',AndWithIt
http://www.forbes.com/teams/atlantabraves/

3/5

4/20/2016

AtlantaBravesontheForbesMLBTeamValuationsList

GrandSlamsMean
40%OffPizza
Thelate,greatSeattleMarinersbroadcasterDaveNiehausmay
havecoined,Grandsalamitime,butthatcouldnowliterallybe
thecase.
MajorLeagueBaseballhasreachedamultiyearsponsorship
agreementwithPapaJohns,theworldsthirdlargestpizza
deliverycompany,tobecometheOfficialPizzaofMajorLeague
Baseball.read
MauryBrown,Contributor

ScottsCompanyTo
RefurbishBaseball
FieldsAroundThe
CountryAsPartOf
RenewedPartnership
WithMLB
Overthenextthreeyears,lookforballfieldsaroundthecountry
toberefurbished.
Thatsanewkeyaspectofthesponsorshipextensionbetween
MajorLeagueBaseballandtheScottsCompany.Thenew
initiativebytheleagueandScottscalledItsGoodOutHere
FieldRefurbishmentProgram,willseeScottsaddressballfields
plantingread
MauryBrown,Contributor

Baseball'sMostOvervaluedPlayers

ChristinaSettimi,ForbesStaff

http://www.forbes.com/teams/atlantabraves/

4/5

4/20/2016

AtlantaBravesontheForbesMLBTeamValuationsList

Baseball'sMost
OvervaluedPlayers
From2006to2009,RyanHowardhit198
homerunsandbattedin572runsforthe
PhiladelphiaPhillies,themostinbaseball
overthattime.Hewasthefastestplayer
inMLBhistorytoreachthe100homerunmilestonein2007,and
becamethefastesttoreach200HRstwoyearslater.Heended
2009worth3.8winsabovereplacementvalueandwasread
ChristinaSettimi,ForbesStaff

IBM'sBigInvestments
WillTakeTimeTo
Mature
IBMsrecentearningsannouncement
createdquitethestironWallStreet.It
beatthetopandbottomlineprojections,butthecompanywas
penalizedinthefinancialmarketsforweakgrowth.The
companysquarterlyrevenuefellforthe16thstraightquarterina
row.Whiletherehasbeenamplecommentaryonitsfinancial
performance,fewerread
MaribelLopez,Contributor

MaurizioCattelan
CreatesaGoldToilet
fortheGuggenheim
TheNewYorkartworldhasanew
throne.read
MichaelSolomon,ForbesStaff
Loadmore

http://www.forbes.com/teams/atlantabraves/

5/5