Kansas City Royals franchise is worth $1.06B. This is an estimation made by Forbe in April 2021.
In spite of a pandemic-shortened season in which people who turned out to watch games in 2020 were low, the Royals team’s worth increased to $1.06 billion, according to Forbes’ annual MLB franchise valuation projections for that year.
In comparison to the $1.025 billion projection from a year earlier, this indicates a 3.4 percent raise. During the autumn of 2019, an ownership group led by John Sherman acquired the club for a reported $1 billion.
The Kansas City Royals play baseball in Kansas City, Missouri. The Royals are a part of the American League Central division. The team was created in 1969 as an expansion franchise and has won two World Series and lost two.
The name “Royals” is a tribute to the American Royal, a cattle, horse, and barbecue competition held yearly in Kansas City since 1899, as well as two previous Negro league baseball clubs from the early 1900s. (One semi-pro club from Kansas City that toured the Midwest in the 1910s and 1920s, and a California Winter League team from Los Angeles in the 1940s that included Satchel Paige and Jackie Robinson.)
The Los Angeles club had Monarchs personnel but couldn’t utilize the Monarchs moniker. The name is also used by the NFL’s Kansas City Chiefs, the NBA’s Kansas City Kings, and the Negro National League’s Kansas City Monarchs.