Forbes Magazine’s annual analysis of baseball finances produced predictable results. Business was very, very good for the Cardinals and the rest of major league baseball once the industry pushed past the pandemic.
Some franchises resorted to deficit spending while trying to win last season. Other teams ran low payrolls to maximize profits while accepting on-field failure.
The Cardinals stayed their course, spending enough to stay in the playoff chase while also operating at a profit. Yes, Bill DeWitt Jr. wants to win. But, yes, DeWitt runs the Cardinals like a business.
Here are some highlights from Forbes:
- The Cardinals have the 10th-most valuable major league franchise at $2.