Those bulging pockets for Mr. Crane are even more…bulging. Per Forbes, the Astros value is up over $100MM from one year ago despite the recently-signed new CBA. Scratch that. Not despite but because of. Forbes is saying the biggest jump in value for Crane and the other baseball billionaires is the additional sponsorship revenue that will be pouring in from all those advertising deals involving jerseys and helmets.
The Astros are now worth more than triple what Crane paid for the Astros ($630MM) just 11 years ago.