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Washington Nationals

Team Value1
$480 M
Team Value calculated March 2012
At a Glance
  • Owner: Ted Lerner
  • Championships: 0
  • Price Paid: $450 M
  • Year Purchased: 2006
  • Revenue2: $200 M
  • Operating Income3: $25.9 M
  • Debt/Value4: 52%
  • Player Expenses5: $94 M
  • Gate Receipts6: $61 M
  • Revenue per Fan8: $27
  • Metro Area Population: 5.5 M
Forbes Lists
Numbers
Valuation Breakdown
126,189.0,119,47
Sport9
$126 M
Market10
$189 M
Stadium11
$119 M
Brand12
$47 M
Profile

The Nationals hired a media consultant in October to get a bigger television rights fee from the Mid-Atlantic Sports Network. The team said it is hoping to double or triple the $30 million they earned last season from MASN, which is controlled by Baltimore Orioles owner Peter Angelos. To convince Angelos to allow the Montreal Expos to move to D.C. for the 2005 season, MLB gave Angelos 90% of MASN and the Nationals 10%. The National's stake increases by about 1% a year until their stake reaches 33% as part of the agreement. The Nationals in 2011 had the smallest average TV audience in baseball, 29,000, for games aired on MASN and MASN2. [...] more

Latest News
Value Change
1-Yr Change
15%
Annualized Change13
1%
Historical
Player Expenses5
$94 M
94,85,84,75,57,74,69,51,60,49
Operating Income3
$26 M
25.9,36.6,33.5,42.6,43.7,19.5,27.9,-3.0,-8.3,-9.1
Revenue2
$200 M
200.0,194.0,184.0,184.0,153.0,144.0,145.0,80.0,81.0,66.0
Wins-to-player cost ratio7
108
108,98,86,95,145,98,116,120,133,151
Value1
$480 M
480,417,387,406,460,447,440,310,145,113
Venue
Nationals Park
Owner
Events DC, District of Columbia
Year Opened
2008
Capacity
41,487
Cost To Build
$700 M
Concessionaire
Levy Restaurants
Average Ticket Price
$27
Major Sponsors
Key Connections
From Forbes Lists
People
Teams
Places
Media Buzz
Facebook Friends
134608+
www.facebook.com/Nationals
Twitter Followers
28065+
www.twitter.com/nationals
Media Partners
TV
MASN
TV Ratings15
1.22
Radio
WJFK-FM 106.7 The Fan
Facebook & Twitter numbers calculated March 2012.
Revenue and operating income are for 2011 season and net of revenue sharing and stadium debt service.
  1. Value of team based on current stadium deal (unless new stadium is pending) without deduction for debt (other than stadium debt).
  2. Net of stadium revenues used for debt payments.
  3. Earnings before interest, taxes, depreciation and amortization.
  4. Includes stadium debt.
  5. Includes benefits and bonuses.
  6. Includes club seats.
  7. Compares the number of wins per player payroll relative to the rest of MLB. Playoff wins count twice as much as regular season wins. A score of 120 means that the team achieved 20% more victories per dollar of payroll compared with the league average in 2011.
  8. Local revenues divided by metro population with populations in two-team markets divided in half.
  9. Portion of franchise's value attributable to revenue shared among all teams.
  10. Portion of franchise's value attributable to its city and market size.
  11. Portion of franchise's value attributable to its stadium.
  12. Portion of franchise's value attributable to its brand.
  13. Current team value compared with latest transaction price.
  14. Renovation.
  15. Average Nielsen rating in local market for regular season games.