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1998 MLB Franchise Revenues and Expenses

This is a team-by-team income & expenses listings for the 1998 season. The operating income column (see table below; it is sorted by op income) gives a simplified glimpse into how profitable a team might have been. You can also view figures for 1999 or 1999. You may wish to view valuations for 1998. Other financial information is available for many seasons using the tool on the right.

1998 REVENUES/EXPENSES 1998 REVENUES/EXPENSES 1997/1999 RANK TEAM REVENUES EXPENSES OP INCOME 1 New York Yankees  $175,500,000   $152,500,000   $23,000,000  2 Arizona Diamondbacks  $116,300,000   $93,800,000   $22,500,000  3 Tampa Bay Devil Rays  $93,700,000   $73,100,000   $20,600,000  4 Colorado Rockies  $124,600,000   $105,100,000   $19,500,000  5 Cleveland Indians  $149,700,000   $130,700,000   $19,000,000  6 Atlanta Braves  $142,700,000   $126,300,000   $16,400,000  7 Florida Marlins  $69,500,000   $60,900,000   $8,600,000  8 Baltimore Orioles  $140,500,000   $132,000,000   $8,500,000  9 Montreal Expos  $46,500,000   $40,900,000   $5,600,000  10 Philadelphia Phillies  $66,000,000   $61,500,000   $4,500,000  11 Oakland Athletics  $56,700,000   $53,400,000   $3,300,000  12 Pittsburgh Pirates  $51,700,000   $49,100,000   $2,600,000  13 St. Louis Cardinals  $97,800,000   $96,200,000   $1,600,000  14 Cincinnati Reds  $54,400,000   $53,800,000   $600,000  15 Texas Rangers  $108,100,000   $107,600,000   $500,000  16 Chicago White Sox  $74,100,000   $73,900,000   $200,000  17 Anaheim Angels  $88,500,000   $88,700,000   -$200,000  18 Houston Astros  $82,500,000   $86,200,000   -$3,700,000  19 Detroit Tigers  $54,200,000   $58,700,000   -$4,500,000  20 New York Mets  $99,700,000   $104,900,000   -$5,200,000  21 San Francisco Giants  $73,300,000   $79,700,000   -$6,400,000  22 Minnesota Twins  $46,800,000   $53,900,000   -$7,100,000  23 Boston Red Sox  $106,900,000   $114,500,000   -$7,600,000  24 Chicago Cubs  $93,100,000   $101,000,000   -$7,900,000  25 San Diego Padres  $78,900,000   $86,900,000   -$8,000,000  26 Seattle Mariners  $81,300,000   $89,900,000   -$8,600,000  27 Milwaukee Brewers  $55,500,000   $64,300,000   -$8,800,000  28 Toronto Blue Jays  $73,400,000   $82,900,000   -$9,500,000  29 Kansas City Royals  $53,500,000   $64,400,000   -$10,900,000  30 Los Angeles Dodgers  $107,900,000   $119,600,000   -$11,700,000

Source: Forbes MLB financials for 1998.

Baseball Economics sources/bibliography:
Business of Baseball, The by Albert Powers
Baseball, Inc.: The National Pastime As Big Business by Frank P. Jozsa Jr.
Baseball and Billions: A Probing Look Inside the Big Business of Our National Pastime by Andrew Zimbalist
Built to Win: Inside Stories and Leadership Strategies from Baseball's Winningest GM by John Schuerholz
Free Agency and Competitive Balance in Baseball by Ronald W. Cox
The Formation, Sometimes Absorption and Mostly Inevitable Demise of 18 Professional Baseball Organizations, 1871 to Present by David Pietrusza.
Getting in the Game: Inside Baseball's Winter Meetings by Josh Lewin
State of Baseball Management: Decision-Making in the Best and Worst Teams, 1993-2003 by Scott Barzilla
In the Best Interests of Baseball? The Revolutionary Reign of Bud Selig by Andrew Zimbalist
May the Best Team Win: Baseball Economics and Public Policy, by Andrew Zimbalist
The Inside Pitch ... and More: Baseball's Business and the Public Trust by Gene A. Budig
Early Innings: A Documentary History of Baseball, 1825-1908 by Dean A. Sullivan.
Middle Innings: A Documentary History of Baseball, 1900-1948 by Dean A. Sullivan.
Late Innings: A Documentary History of Baseball 1945-1972 by Dean A. Sullivan
Total Baseball: The Ultimate Baseball Encyclopedia by John Thorn, et al.