
266 ◾ Sports Finance and Management
Table8.2 Actual sale prices of MLB teams
Year Team
Price
($millions) Percentage Sold
a
Implied
Value
Financial
World/Forbes
Estimate (Year
if Different)
Percentage
Difference
1990 Montreal Expos 86 100 86 100 16.3
1990 San Diego Padres 75 100 75 85 13.3
1991 Florida Marlins 95 100, Expansion fee 95 81 (1994) –14.7
1991 Toronto Blue Jays 60.3 45 134 178 33.1
1992 Colorado Rockies 95 100, Expansion fee 95 110 (1994) 15.8
1992 Houston Astros 115 100 115 95 –17.4
1992 Seattle Mariners 106 60 177 79 –55.4
1992 San Francisco Giants 100 100 100 99 –1.0
1993 Baltimore Orioles 173 100 173 130 –24.9
1993 Detroit Tigers 80 100