Found December 22, 2011 on Seattle Times:
Mariners minority owner Chris Larson had a final ruling delivered in his divorce case this morning. In it, King County Superior Court Judge William Downing concluded that, based on evidence presented at trial, the Mariners have a total franchise value of $641 million. Forbes magazine back in March had estimated the franchise to be worth $449 million. Two appraisals done prior to trial had put the team's value at $551 million and $750 million, respectively. Larson's wife, Julia Calhoun, had her appraiser come in at the higher figure, arguing the Mariners compared favorably to the $593 million sale of the Texas Rangers and $610 million sale of the Houston Astros, both involving franchises purchased within the past 14 months and armed with lucrative new television deals. But Larson's side argued the team slotted more in between the Rangers and the San Diego Padres -- sold for $480 million in 2009 -- in terms of value. In his ruling, Downing wrote: "The Court has revi...
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