Dodgers president Stan Kasten had a great quote about Forbes Magazine at the 2013 Sloan Sports Analytics Conference. “We will never give any credence to Forbes’s valuations of franchises,” he said. “Here’s the problem with Forbes. I don’t know their methodology. I don’t know what hand they throw their dart with.”
C’mon, Stan. Don’t sell yourself short.
According to Forbes’ latest rankings released Wednesday, the Dodgers are one of five Major League Baseball franchises with a negative operating income. Yet only the New York Yankees are a more valuable franchise, and can claim a higher revenue than the Dodgers.