The franchise value of the Cleveland Guardians has been increasing in recent years and more than doubled in the period between 2014 and 2022. This value is nevertheless still under the average franchise value across the MLB. The team generated about 267 million U.S. dollars in revenue in the 2021 season and the operating income of the Guardians for that season amounted to 71 million U.S. dollars.
Cumulative home attendance of Cleveland Guardians games reaches well into the millions every year. The teams plays its home games at the Progressive Field in Cleveland, Ohio, which has been the Guardians’ home since 1994. The average regular season attendance stood at just over 17 thousand in 2022, down from over 25 thousand during the 2017 season. The average ticket price for games of the Guardians was just over 30.50 U.S. dollars in the 2022 season. The team’s Twitter and Facebook accounts have over one million fans and followers each.
