Philadelphia Phillies

Philadelphia Phillies

Professional baseball team in MLB

About Philadelphia Phillies

Simplify's Rating
Why Philadelphia Phillies is rated
D+
Rated D+ on Competitive Edge
Rated C on Growth Potential
Rated D+ on Differentiation

Industries

Entertainment

Company Size

10,001+

Company Stage

Acquired

Total Funding

$2.6B

Headquarters

New York City, New York

Founded

2000

Overview

The Philadelphia Phillies are a professional baseball team that competes in Major League Baseball (MLB), the highest level of baseball in the United States and Canada. The team generates revenue through various channels, including media rights from television broadcasts, ticket sales from live games, sponsorships from corporations, and merchandise sales such as jerseys and caps. The Phillies, like other MLB teams, operate as an independent franchise within the league, which means they have their own management and financial operations. A key aspect of MLB is its revenue sharing system, which helps distribute income among teams to maintain competitive balance. The goal of the Phillies, as part of MLB, is to provide exciting sports entertainment while striving for success on the field.

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Simplify's Take

What believers are saying

  • Investment in digital media platforms engages younger audiences and boosts content delivery.
  • AUSL partnership taps into the growing women's sports market, increasing viewership.
  • Sportradar partnership creates new revenue streams through enhanced fan engagement.

What critics are saying

  • Digital media investments may divert viewership from traditional broadcasting, impacting network revenue.
  • AUSL investment could divert resources from MLB's core operations, affecting financial performance.
  • Dependency on data analytics poses risks if technology fails or data breaches occur.

What makes Philadelphia Phillies unique

  • MLB's investment in Jomboy Media targets younger, tech-savvy audiences with innovative content.
  • Strategic investment in AUSL diversifies MLB's sports offerings into women's sports.
  • Partnership with Sportradar enhances fan engagement through data analytics and sports betting.

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Funding

Total Funding

$2555M

Above

Industry Average

Funded Over

1 Rounds

Acquisition funding comparison data is currently unavailable. We're working to provide this information soon!
Acquisition Funding Comparison
Coming Soon

Benefits

Remote Work Options

Housing

Company News

Sports Business Journal
Jun 10th, 2025
MLB teams with Jomboy Media as minority investor

MLB has become a minority investor in digital outlet Jomboy Media as part of a strategic partnership deal.

MLB
May 29th, 2025
Major League Baseball announces strategic investment in Athletes Unlimited Softball League (AUSL)

New York, N.Y. – Major League Baseball today announced a strategic investment in the AUSL (Athletes Unlimited Softball League), marking a first-of-its-kind, comprehensive partnership with a women’s professional sports league to help establish and grow the AUSL as a sustainable organization. The announcement will be made this morning on CBS

iSportconnect
Feb 11th, 2025
MLB acquires an equity stake in Sportradar

Major League Baseball (MLB) and Sportradar Group AG (NASDAQ: SRAD) have announced a long-term extension and expansion of their decade-long partnership, set to begin with the 2025 season, aimed at...

MLB
Feb 14th, 2023
Mets finalize sale of team to Steve Cohen

NEW YORK -- The Mets’ ownership change became official on Friday, as Steve Cohen closed his record $2.4 billion deal to purchase the team from Sterling Equities.

TechCrunch
Apr 6th, 2022
Fanatics reveals NFL was biggest backer in $1.5B round announced last month at $27B valuation

Fanatics, the 20-year-old, Jacksonville, Fla.-based sports merchandising giant, revealed today that the NFL was the “single biggest investor” in the latest round announced by the company, a $1.5 billion round at a whopping $27 billion valuation that reportedly closed last month. The deal marked a 50% increase from the $18 billion valuation assigned to Fanatics during its previous raise last August.

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