The St. Louis Cardinals are a professional baseball franchise competing in Major League Baseball. The team played its first game in 1882 as the St. Louis Brown Stockings and was a founding member of the 19th-century American Association. It has been known as the St. Louis Cardinals since 1900. The team has the second most championships of all MLB teams, having won the World Series a total of 11 times. William DeWitt Jr. has been the owner of the Cardinals since 1996.
The St. Louis Cardinals are the seventh most valuable franchise in the league with a franchise value of 2.25 billion U.S. dollars in 2021. The revenue of the Cardinals has grown consistently over time, surpassing 300 million U.S. dollars each year since 2015. However in 2020 it only amounted to 109 million U.S. dollars and the team’s operating income for the same season generated a deficit of 79 million U.S. dollars, a harsh decline as will all other professional sports clubs due to the COVD-19 pandemic.
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