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Royals drop one spot in Forbes’ valuations of Major League Baseball teams

From many losing seasons to World Series' championships, take a look back at 50 years of Kansas City Royals baseball. By

For the second straight year, the Royals dropped in Forbes’ annual valuations of Major League Baseball teams.

The Royals were ranked 28th with a valuation of $1.025 billion in Forbes’ list, which was released Wednesday. A year ago, the Royals were 27th ($1.015 billion) and they were 24th in the 2017 ranking.

Owner David Glass bought the Royals for $96 million in 2000.

Forbes reported the Royals had an operating income in 2018 of $5.