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Philadelphia PhilliesJohn Middleton group · since 2016
Payroll data through2026
Value 2026$3.4BPayroll rank4 of 30Spending index165.9
Philadelphia Phillies Ownership
Owner: John Middleton group · since 2016 · NL East
Budget generosity68above the median
Patience53typical
Win-now or build70win-now
Last five seasons+3.2 a yearsteady
- John Middleton group: over 11 seasons (2016 to 2026) the club paid on average 1.28 times the league median payroll and ranked 9.9 on average. Best payroll rank 4th (2022, 2025, 2026); worst 23rd (2018).
- Last five seasons (2022 to 2026): 1.63 times the median, average rank 4.4.
- The club named 3 new managers per ten seasons (2016 to 2025); the league average over the same seasons was 3.2.
- After a losing season (win percentage under 0.480) the spending index moved +8 points on average, across 3 such seasons.
Scores run 0 to 100 and describe what the club did under this owner: budget generosity is payroll relative to the league median (50 is the median, 100 is double); patience is how rarely the club changes managers; win-now or build is whether payroll rose or fell after a losing season. They are our summary of public numbers, not a judgment of a person.
- Owner
- John Middleton group
- Principals
- John Middleton
- Owner since
- 2016
- Reported price
- Data pending
- Forbes value (2026)
- $3.4B
- Revenue
- $539M
- Operating income
- Loss of $52M
- Payroll 2026
- $292.0M, rank 4 of 30
- Seasons over the tax line, 2003 to 2025
- 5
- Tax paid 2022 to 2025
- $80.3 million
| # | Owner or group | Seasons | Type | Reported price | Notes |
|---|---|---|---|---|---|
| 1 | Bill Giles and David Montgomery group | 1981 to 2015 | group | $30 million | |
| 2 | John Middleton group | 2016 to now | group | Not public | Middleton became the public face of the ownership group in 2015 and the club's control person in November 2016; he first bought a 15 percent stake in 1994. |
| List year | Value | Revenue | Operating income |
|---|---|---|---|
| 2026 | $3.4B | $539M | -$52M |
| 2025 | $3.1B | $519M | $9M |
| 2024 | Data pending | Data pending | Data pending |
| 2023 | $2.58B | $398M | -$4M |
| 2022 | $2.3B | $323M | -$17M |
| 2021 | $2.1B | Not listed | Not listed |
| 2020 | $2B | Not listed | Not listed |
| 2019 | $1.9B | Not listed | Not listed |
| 2018 | $1.7B | Not listed | Not listed |
| 2017 | $1.7B | Not listed | Not listed |
| 2016 | $1.2B | Not listed | Not listed |
| 2015 | $1.3B | Not listed | Not listed |
| 2014 | $975M | Not listed | Not listed |
| 2013 | $893M | Not listed | Not listed |
- 1Bill Giles and David Montgomery group 1981 to 2015
- 2John Middleton group 2016 to now
| Season | Owner | Payroll | Rank | Index | Payroll share of revenue | Record | Playoffs | Over tax line |
|---|---|---|---|---|---|---|---|---|
| 2026 | 2 | $292.0M | 4 of 30 | 165.9 | 88-74 | Yes | ||
| 2025 | 2 | $289.3M | 4 of 30 | 179.5 | 53.7% | 96-66 | Yes | Yes |
| 2024 | 2 | $248.2M | 5 of 30 | 154.5 | 47.8% | 95-67 | Yes | Yes |
| 2023 | 2 | $245.5M | 5 of 30 | 153.9 | 90-72 | Yes | Yes | |
| 2022 | 2 | $244.5M | 4 of 30 | 162.8 | 61.4% | 87-75 | Yes | Yes |
| 2021 | 2 | $190.5M | 5 of 30 | 142.4 | 59.0% | 82-80 | No | Yes |
| 2020 | 2 | $73.5M | 8 of 30 | 115.1 | 28-32* | No | No | |
| 2019 | 2 | $159.6M | 10 of 30 | 113.7 | 81-81 | No | No | |
| 2018 | 2 | $104.3M | 23 of 30 | 73.9 | 80-82 | No | No | |
| 2017 | 2 | $104.0M | 22 of 30 | 73.4 | 66-96 | No | No | |
| 2016 | 2 | $103.9M | 19 of 30 | 77.2 | 71-91 | No | No | |
| 2015 | 1 | $141.7M | 9 of 30 | 119.9 | 63-99 | No | No | |
| 2014 | 1 | $175.2M | 3 of 30 | 158.6 | 73-89 | No | No | |
| 2013 | 1 | $163.6M | 4 of 30 | 163.4 | 73-89 | No | No | |
| 2012 | 1 | $177.9M | 2 of 30 | 181.4 | 81-81 | No | No | |
| 2011 | 1 | $170.0M | 3 of 30 | 179.4 | 102-60 | Yes | No | |
| 2010 | 1 | $137.3M | 3 of 30 | 167.0 | 97-65 | Yes | No | |
| 2009 | 1 | $113.0M | 7 of 30 | 139.4 | 93-69 | Yes | No | |
| 2008 | 1 | $97.9M | 12 of 30 | 122.4 | 92-70 | Yes | No | |
| 2007 | 1 | $89.4M | 13 of 30 | 105.7 | 89-73 | Yes | No | |
| 2006 | 1 | $88.3M | 12 of 30 | 122.6 | 85-77 | No | No | |
| 2005 | 1 | $95.5M | 4 of 30 | 144.3 | 88-74 | No | No | |
| 2004 | 1 | $92.9M | 5 of 30 | 149.1 | 86-76 | No | No | |
| 2003 | 1 | $70.8M | 15 of 30 | 102.6 | 86-76 | No | No | |
| 2002 | 1 | $58.0M | 17 of 30 | 94.8 | 80-81 | No | ||
| 2001 | 1 | $41.7M | 24 of 30 | 65.1 | 86-76 | No | ||
| 2000 | 1 | $47.3M | 20 of 30 | 83.7 | 65-97 | No | ||
| 1999 | 1 | $31.7M | 23 of 30 | 63.7 | 77-85 | No | ||
| 1998 | 1 | $36.3M | 21 of 30 | 85.5 | 75-87 | No | ||
| 1997 | 1 | $36.7M | 18 of 28 | 87.6 | 68-94 | No | ||
| 1996 | 1 | $34.3M | 14 of 28 | 101.8 | 67-95 | No | ||
| 1995 | 1 | $30.6M | 19 of 28 | 88.9 | 69-75 | No | ||
| 1994 | 1 | $31.6M | 16 of 28 | 95.6 | 54-61 | No | ||
| 1993 | 1 | $28.5M | 19 of 28 | 84.3 | 97-65 | Yes | ||
| 1992 | 1 | $24.4M | 21 of 26 | 79.7 | 70-92 | No | ||
| 1991 | 1 | $22.5M | 15 of 26 | 97.2 | 78-84 | No | ||
| 1990 | 1 | $13.2M | 23 of 26 | 74.9 | 77-85 | No | ||
| 1989 | 1 | $10.6M | 22 of 26 | 72.7 | 67-95 | No | ||
| 1988 | 1 | $13.8M | 6 of 26 | 112.2 | 65-96 | No | ||
| 1987 | 1 | $11.5M | 13 of 26 | 102.0 | 80-82 | No | ||
| 1986 | 1 | $11.6M | 13 of 26 | 100.9 | 86-75 | No | ||
| 1985 | 1 | $10.1M | 13 of 26 | 100.7 | 75-87 | No |
Owner numbers match the ownership list. Payroll is nominal dollars. * 2020 was a 60-game season. Payroll share of revenue exists for 2021, 2022, 2024 and 2025 only. The tax-line column stops at 2025 because 2026 tax bills are not known until December. How the index is built.
No owner stories are published for this club yet.
More on this club: Philadelphia Phillies team page and payroll history.