Jays ranked as 12th most valuable MLB franchise

Frank Gunn/CP

Despite the fact the Toronto Blue Jays have struggled to find much success on the field in recent years, the team ranks as the 12th most valuable MLB franchise, according to a recent Bloomberg report.

The Blue Jays are worth a total of $950 million and generated $210 million in total revenue in 2013.

While the franchise as a whole is worth nearly $1 billion, the team itself is worth $573 million. To compile their data, Bloomberg looked at revenue from ticket sales, sponsorships and real estate among other things.

For example the Blue Jays generated $12 million from concessions and $2 million from parking. The team also gained $15 million from MLB revenue sharing.

Not surprisingly, the New York Yankees topped the list with a staggering estimated value of $3.38 billion. The Los Angeles Dodgers ranked second at $2.1 billion, while the Boston Red Sox rounded out the top three at $2.06 billion. The Tampa Bay Rays are ranked as the least valuable team in the majors worth $530 million.

Here’s the complete list of MLB franchise values:

1. New York Yankees – $3.38 billion

2. Los Angeles Dodgers – $2.1 billion

3. Boston Red Sox $2.06 billion

4. New York Mets – $2.05 billion

5. Chicago Cubs – $1.32 billion

6. San Francisco Giants – $1.23 billion

7. Baltimore Orioles – $1.12 billion

8. Los Angeles Angels – $1.00 billion

9. Philadelphia Phillies – $1.04 billion

10. Texas Rangers – $1.01 billion

11. Chicago White Sox – $960 million

12. Toronto Blue Jays – $950 million

13. Washington Nationals – $850 million

14. Detroit Tigers – $830 million

15. St. Louis Cardinals – $805 million

16. Houston Astros – $800 million

17. Atlanta Braves – $760 million

18. Seattle Mariners – $720 million

19. Minnesota Twins – $700 million

20. San Diego Padres – $685 million

21. Cincinnati Reds – $680 million

22. Milwaukee Brewers – $615 million

23. Pittsburgh Pirates $610 million

24. Arizona Diamondbacks – $600 million

25. Miami Marlins – $595 million

26. Oakland Athletics – $590 million

27. Colorado Rockies $580 million

28. Cleveland Indians – $575 million

29. Kansas City Royals – $540 million

30. Tampa Bay Rays – $530 million

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