How about spending some of that green on starting pitching?
According to a new report by Bloomberg, the Baltimore Orioles are the 7th highest valued team in Major League Baseball at $1.12 billion, based on, among other things, gate receipts, concessions, sponsorships, parking, media rights, and especially, the team's majority stake in MASN, the regional sports cable network. The stake in MASN is valued at $492 million alone, No. 4, in terms of baseball's regional sports networks.
The O's payroll, however, ranked dead middle at Opening Day last year. Which isn't to say we don't like the players we have, but it sure would be nice to have another big arm to join Chris Tillman at the top of the rotation.
Only the Yankees (of course), Dodgers, Red Sox, Mets, Cubs, and San Francisco Giants are valued at a higher figure than the O's—principally owned by Peter Angelos.
For the most part, a team's value corresponds to a higher payroll—and not surprisingly, success on the field. The Giants won World Series titles in 2010 and 2012 and the Red Sox are playing for the title right now. Obviously, that's not always the case. Apparently nothing can help the Chicago Cubs.