#15 Chicago White Sox

#15 Chicago White Sox

Team Value
1
Value of team based on current stadium deal (unless new stadium is pending) without deduction for debt.
$2.05BCalculated March 2024
Owner(s)
Jerry Reinsdorf
Championships
3
Year Purchased
1981
Price Paid
$20M
Revenue
2
Net of stadium revenues used for debt payments.
$288M
Operating Income
3
Earnings before interest, taxes, depreciation and amortization.
-$28M
Debt/Value
4
Includes stadium debt.
7%
Player Expenses
5
Includes benefits and bonuses.
$187M
Gate Receipts
6
Includes club seats.
$61M
Wins-to-player cost ratio
7
Co victories per dollar of payroll compares the number of wins per player payroll relative to the rest of the MLB. Playoff wins count twice as much as regular season wins. A score of 120 means that the team achieved 20% more compared with the league average during the 2021 season.
66
Revenue per Fan
8
Local revenues divided by metro population with populations in two-team markets divided in half.
$41
Metro Area Population
9.3M
Media partners
tv: NBC Sports Chicago; radio: ESPN 1000, WRTO-AM 1200
Revenue and operating income are for 2023 season and net of revenue sharing and stadium debt service.
Footnotes
    Revenue and operating income are for 2023 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.
  • 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. Co victories per dollar of payroll compares the number of wins per player payroll relative to the rest of the MLB. Playoff wins count twice as much as regular season wins. A score of 120 means that the team achieved 20% more compared with the league average during the 2021 season.
  • 8. Local revenues divided by metro population with populations in two-team markets divided in half.
In February, White Sox owner Jerry Reinsdorf pitched his plan to build a stadium district in the South Loop to Springfield legislative leaders, asking for $1 billion in public funding. To free up capital to build the stadium, Reinsdorf and developer Related Midwest want to use revenue from the 2% hotel occupancy tax and extend bonds through the Illinois Sports Financial Authority (ISFA) for 30 years. The team's current lease at Guaranteed Rate Field, located in the Bridgeport neighborhood and owned by the Illinois Sports
Facilities Authority, expires after the 2029 season.
... Read More
Valuation Breakdown
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.
Value Change
0%
1-YEAR CHANGE
11%
ANNUALIZED CHANGE
13
Renovation.
13. Renovation.
Historical
2024
Value1
Value of team based on current stadium deal (unless new stadium is pending) without deduction for debt.
$2.1B
2024
$2.1B
Revenue2
Net of stadium revenues used for debt payments.
$288M
2024
$288M
Operating Income3
Earnings before interest, taxes, depreciation and amortization.
-$28M
2024
-$28M
Player Expenses5
Includes benefits and bonuses.
$187M
2024
$187M
Win-to-Player Cost Ratio7
Co victories per dollar of payroll compares the number of wins per player payroll relative to the rest of the MLB. Playoff wins count twice as much as regular season wins. A score of 120 means that the team achieved 20% more compared with the league average during the 2021 season.
66
2024
66
1. Value of team based on current stadium deal (unless new stadium is pending) without deduction for debt.
2. Net of stadium revenues used for debt payments.
3. Earnings before interest, taxes, depreciation and amortization.
5. Includes benefits and bonuses.
7. Co victories per dollar of payroll compares the number of wins per player payroll relative to the rest of the MLB. Playoff wins count twice as much as regular season wins. A score of 120 means that the team achieved 20% more compared with the league average during the 2021 season.
Venue
Guaranteed Rate Field
Owner(s)
Illinois Sports Facilities Authority
Concessionaire
Delaware North Sportservice, Levy Restaurants
Year Opened
1991
Average Ticket Price
$32
Seating Capacity
42,843
Cost To Build
$137M
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