mlb teams ranked by market size

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mlb teams ranked by market size

Postseason drought or not, when Shohei Ohtani is on the mound or at the plate, the Angels should be on your screen. Fun fact: The Rangers new stadium, Globe Life Field, opened May of 2020 and cost $1.2 billion to build. Join. (Hannah Foslien/Getty Images), #18 Chicago White Sox | Team value: $1.54 billion. After everything that has happened since 2019, it's no longer something we take for granted. Friendly reminder that Ted Williams played from 1939 to 1960 and had the highest batting average, most home runs and most RBI's of any player in MLB during that period. [1] (Beer-can incident aside, the harshest attack ad in our most recent election read Justin, Hes Just not Ready.), (Note: You can see a larger version of all of these images if you open them in a new tab.). Thats mostly for the same reason the Padres are listed above the Dodgers. Reprints. While teams in the bottom third of Forbes ranking are lucky to get $60 million a year in local cable television rights fees, the Yankees raked in $135 million in cable money last season. Can a new manager bring this team back to life after two disastrous years of Tony La Russa? #14 Seattle Mariners | Team value: $1.62 billion. "I've heard what everyone else has heard: that they're not happy with me. Methodology | Sportico calculated each MLB teams 2021 value based on publicly available information, financial records and interviews with team insiders. In baseball, the "small market" teams simply can't keep their stars like smaller market teams do in other sports. This team is going to win 50 games and each one of those will be shocking. Its no surprise California is the state with the highest revenue in baseball. One could posit that if a team is really popular, then it should have a much stronger following on Twitter and Facebook than its competitors. At least Rafael Devers is locked in long term now, but this lineup would look significantly better if Xander Bogaerts were still around. Team-related businesses and real estate: $0 (Team does not own its venue). Competition from other pro sports franchises for entertainment dollars is too. The Reds never lost Joey Votto to free agency and they have ownership who loves to cry poor. . The answers vary by team, obviously, but most of the small-market teams that haven't had success in recent years can point to themselves. 53 of the Texas Rangers, bats in the ninth inning against the Cleveland Indians at Globe Life Field on October 3, 2021, in Arlington, Texas. Nashville is one of the 30 largest media markets in the US, but its sports teams enjoy varied results in terms of attendance at games. Fun fact: Anheuser-Busch has owned the naming rights of the St. Louis Cardinals stadium since 1953. They also signed superstar shortstop Carlos Correa (twice) after he was drafted and developed by a large-market team. I'm not going to sit here and attempt to estimate how much money any particular team has and should dedicate to player payroll, primarily because the very teams crying poor have long refused to make their accounting books public. Well, for starters, the Rangers have to prove they can keep everyone healthy before we get too excited about them. ESPN, which effectively had the rights to any additional playoff games under its existing MLB television agreement, will likely pay at least $65 million a year for the new postseason games, according to baseball insiders. The following sortable table lists and ranks the population of metropolitan areas that have MLB franchises with the following data: simple:List of Major League Baseball teams by population. If so, who? San Jose, which has its own MSA, in included in the San Francisco-Oakland CSA. Baseball Almanac isn't quite sure either! #8 Atlanta Braves | Team value: $2.165 billion. However, if we were to add the two revenue numbers, the combined revenue of the two teams is significantly higher than the trend line would suggest. Carlos Correa ended up staying in Minnesota after all! - Tim Sullivan in Small Market Spells Salvation For Postseason (October 6, 2000). Those weren't cherry-picked examples. The lease has been extended through 2025. We begin with a map of revenues across the United States, with filled in metro areas that generate MLB revenues; colors go from green (low revenue) to red (high revenue). As far as market sizes dictating things, it's complicated. That marks the 17th consecutive. by Retrosheet. Keeping this in mind and trying to be fair with where the Blue Jays should fall, we can probably sort large market, middle market and small market teams like so: Large (10): Yankees, Mets, Dodgers, Angels, Cubs, White Sox, Phillies, Rangers, Braves, Red SoxMiddle (10): Astros, Blue Jays, Nationals, Giants, A's, Diamondbacks, Mariners, Rays, Tigers, TwinsSmall (10): Rockies, Marlins, Guardians, Cardinals, Pirates, Orioles, Padres, Royals, Reds, Brewers. Chase Bank assumed Bank Ones 30-year, $100 million commitment, which was signed in 1998 when the ballpark opened its doors. and play-by-play data provided by Sports Info Solutions. Big-market teams are likely to benefit the most from the new sponsorships, which is one reason the New York Yankees are now the first baseball team worth $6 billion and trail only the Dallas Cowboys ($6.5 billion) among the sports worlds most valuable teams. There is too much money being spent by Atlantas rivals to take down the Braves tonot focus on how those seasons play out. It wont all be gravy, though. Maybe the Rays woeful attendance record comes down to a simple matter of dollars and cents for fans. They're putting it on me. [4] There are currently four metropolitan areas in North America that have another major league sports franchise and are larger than the smallest market in MLB, but do not have an MLB franchise. (Doug Pensinger /Getty Images), #16 San Diego Padres | Team value: $1.65 billion. Team-related businesses and real estate: $90 million. All major league baseball data including pitch type, velocity, batted ball location, Source for 2000 population of the balance of US metropolitan areas: Will definitely revisit this again and include Combined Statistical Areas, as well as ratings and income demographics, potentially with minor league data as well. Fun fact: For the first time in 20 years, the Milwaukee Brewers will have a new naming rights partner as American Life Insurance is replacing MillerCoors. Fun fact: The Colorado Rockies ballpark has been named Coors Field since it opened in 1995. Major League Baseball locked out its players for three months as they hashed out a new collective bargaining agreement. 10 in the FTW rankings. KeBryan Hayes should take the next step and Bryan Reynolds could make a real star turn. The rebuild in Kansas City is getting another reset and it wont be pretty for some time. BY this link http://trueinstafollowers.com you can get instagram real followers. I could go on and on, because it's far more than just these deals with the Padres. All Rights Reserved by Baseball Almanac, Inc.Hosted by Hosting 4 Less. Forbes team values are enterprise values (equity plus net debt) calculated using a multiple of revenue. Salt Lake City already supports a Triple-A baseball team (the Salt Lake Bees), so making the jump to an MLB franchise is something that is very much a possibility for this market. Does this team have enough arms to last a full year? Who gets to decide what market "your" team plays in? Team-related businesses and real estate: $105 million. "I'm not responsible for how other teams run their clubs.". But if Pittsburgh promotes minor leaguers Endy Rodriguez, Quinn Priester and Mike Burrows in the near future, the Pirates will move up this list rather quickly. Kris Bryant and Charlie Blackmon really need some help out here and it doesnt seem like theyll get it any time soon. Will Andrew Vaughns move to first base unlock his potential at the plate? No seriously, were asking. [1][2] According to the 2000 United States Census, the American League's total market size is 6,871,440 while the National League's is 6,094,087. Fun fact: The Rays are valued higher than the NHL Stanley Cup champions, the Tampa Bay Lightning ($470 million), according to Forbes. Further, Major League Baseball as a whole is swimming in an obscene amount of money (MLB set a revenue record in 2022, via Forbes) and much of that money is flowing toward smaller-market teams. 5 5. A new stadium? This is usually approximated by population size and ignores the fact that St. Louis generates 50 percent more revenue than Tampa Bay despite equivalent Census Metropolitan population levels. But what if they continue to win without it? The difference in market size explained 30 to 40 percent of the difference in wins between the top and bottom markets. Team-related businesses and real estate: $94 million. Each league is . New ballparks tend to get top-shelf prices, and the Rangers are tied with the San Francisco Giants with the eighth-highest average general ticket price ($39) and have the fifth-highest premium seat price ($198) in baseball. Fun fact: Chase Bank bought out Bank One for naming rights of the Arizona Diamondbacks ballpark in 2011. Its a three-year deal worth $1.1 million annually. (All attendance figures through Aug. 26, 2019.) A team with a relatively small market can generate a disproportionate amount of revenue simply by cultivating a strong, deep fan base. Team. 1 and are about three times as popular as you'd guess from the size of the Boston media market. The remainder comes from just being a member of the exclusive 30-team club. Which means every game is going to be scrutinized to an absurd degree. It's just coming into more focus. (Christian Petersen/Getty Images), #25 Oakland Athletics | Team value: $1.3 billion. Its kind of an extended metropolitan area that includes satellite cities that are too large and too far from the central city to really be called a suburb of the central city: https://en.wikipedia.org/wiki/Combined_statistical_area. Tune in to watch Joey Meneses attempt to slug his way onto a contenders wish list by the trade deadline. Team-related businesses and real estate: $0 (Team does not own its venue). Plus, no one has ever watched Joey Votto and regretted it. There is continuous action, and you have to have some form of revenue generation, ideally without having to turn away from the live action. Fun fact: When the San Diego Padres opened their ballpark in 2004, pet supply retailer Petco agreed to a 22-year, $60 million deal for the naming rights. Fun fact: Target Corp. and the Minnesota Twins agreed to an exclusive 25-year partnership that included naming rights to the Twins ballpark, which opened in 2010. (Getty Daniel Shirey/Getty Images), #24 Detroit Tigers | Team value: $1.33 billion. What a bizarre offseason for the D-Backs. All of that said: whew, what a team Atlanta has. However, Im still not convinced there really is that strong of a linkage between revenue and market size outside the four biggest markets and heres why: We see only a very loose correlation in the smaller markets; clearly the large markets are skewing the correlation with such a small sample size. Spreadsheet. Stats. They signed Lorenzo Cain in free agency. In all, MLB teams are receiving an estimated $1.5 billion on their local cable deals without considering ownership interests. For the ranking by city size, we grouped and ranked the cities based on the following population-size guidelines: Large cities: More than 300,000 people; Midsize cities: 100,000 to 300,000 people; Small cities: Fewer than 100,000 people; MLB - Total Points = 70. And yes, teams certainly generate fans outside their CSAs. Of the $200 million-plus deals in baseball history, it broke down with 13 signing to a large-market team, 10 to a middle-market team and (gasp!) Two years ago the Nats opened the season No. www.canadainfolink.ca/cities.htm. Statcast Leaders Baseball Savant Top Prospect Stats. Team-related businesses and real estate: $0 (Team does not own its venue). 100%. How do you feel about the entire small market debate? Methodology | Sportico calculated each MLB teams 2021 value based on publicly available information, financial records and interviews with team insiders. AAPL section: | slug: why-mlb-market-size-isnt-an-excuse-for-cheap-teams-just-look-at-the-small-market-padres-and-manny-machado | sport: baseball | route: article_single.us | Its possible that the Rays just failed to tickle the fancy of enough local lawyers, doctors and business execs. Still, it doesnt hurt to have Shane McClanahan anchoring the rotation and Randy Arozarena hoarding all the swag in the league. Heres the cross-chart: Notice how the Red Sox, Giants and Yankees are very far above the trend line, whereas the Miami Marlins are far below the trend line. He told ESPN the following, regarding complaints he's gotten from fellow owners. Watch because the raw talent is hard to look away from. Admire Adam Wainwright while you can, cause it doesnt seem like he has much left in the tank. 30Washington Nationals. Still, in this measure, only three teams are in smaller markets than the Padres. The chart below shows the 2016 estimates, the total deal, if known,. On the demographic side, mlb fandom skews white and older compared to the MLB metros as a whole, so maybe metro white population is a better fit than general population (some multicollonearity between income and race/age though). But so can everyone else. However, if we look at the picture and ignore the Phillies as a clear exception, the teams are much more tightly clustered around the trend line. Theres a lot to like about the Brew Crew this year starting with the 1-2 punch of Corbin Burnes and Brandon Woodruff on the mound. #12 Washington Nationals | Team value: $2 billion. [1][2][4], The least populous metropolitan area in the majors is the Milwaukee metropolitan area, which is the home of the Milwaukee Brewers. (Dilip Vishwanat/Getty Images), #8 Atlanta Braves | Team value: $2.165 billion. It's player development (or lack thereof) and ownership. #30 Miami Marlins | Team value: $1.03 billion. #23 Milwaukee Brewers | Team value: $1.29 billion. We all know the Yankees are a mega-mega market with a fan base pretty much everywhere and even with Steve Cohen running the Mets, I think it's fair to say the Bombers are a larger market team than their Big Apple neighbors. Fun fact: The Rays are valued higher than the NHL Stanley Cup champions, the Tampa Bay Lightning ($470 million), according to Forbes. Team-related businesses and real estate: $0 (Team does not own its venue). (Samuel Corum/Getty Images), #11 Houston Astros | Team value: $2.19 billion. All Rights Reserved. By now everyone is at least aware of Oneil Cruz. Fun fact: The Cleveland Indians sold the naming rights to their ballpark to Progressive Insurance in 2008 in a deal worth $58 million over 16 years. #20 Cincinnati Reds | Team value: $1.325 billion. You may opt-out by, Chris Bernacchi/Julio Aguilar/Kelsey Grant/David Madison/Getty Images, Illustration by Forbes, Traffic cop at the intersection of money and sports, Americans Can Eat Caviar Guilt Free- None Of It Comes From Russia, A Guide To The Private Jets And Helicopters Owned By Sanctioned Russian Billionaires, How Tiger Woods Helped Fuel A Private Equity Hole-In-One At TaylorMade, Shredding The Pandemic: The Covid Fender Boom. All this is to say, it's not a hard-slotting system and there's plenty of context behind where any team would be slotted even if it were. 100. In other words, after pocketing operating income of $1.5 billion in 2019, MLB has lost $1.14 billion during the past two seasons combined. This club may have some weaknesses exposed, but its hard to see Houston doing anything except running away with the AL West yet again. Rank. Team-related businesses and real estate: $150 million. It all comes down to dollars." The combined average Major League Baseball market is about 5.29 million (smaller than for either league because the New York, Los Angeles, Chicago, Washington-Baltimore, and San Jose-San Francisco-Oakland CSMAs are not counted twice). No sport, no team should take the loyalty of its fan base for granted. There are complications with teams like the A's and Rays among so-called middle-market teams, but also, the Rockies and Cardinals from "small" markets seem just fine to outspend teams in larger markets. Team-related businesses and real estate: $0 (Team does not own its venue). As of 2022, the top five markets remain the same as in previous years New York, Los Angeles, Chicago, Philadelphia and Dallas-Ft. Worth. Do they split the potential, or does the pie become larger? It's hard to know exactly where to slot them but it isn't small. There always will be -- and should be -- an emphasis on smart spending, just as long as there's a goal in sight. Get better at player development and we can stop worrying about fictional problems such like a lack of "parity" and how supposedly small-market teams are simply feeders for the Yankees and Dodgers. This is a BETA experience. Eli Ben-Porat is a Senior Manager of Reporting & Analytics for Rogers Communications. 3 - Boston Red Sox. The additions of Trey Mancini, Cody Bellinger and Eric Hosmer to a team that plays at one of the most hitter-friendly parks around should make this offense fun, if inconsistent. TeamRankings.com is solely responsible for this site but makes no guarantee about the accuracy or completeness of the information herein. Fun fact: In comparison, the Marlins neighboring NBA team, the Miami Heat, is valued at $2 billion. The only other team in their market area was the A's, and they moved nearly half a century ago.) Very interesting, especially that chart showing Twitter and Facebook correlation and the independent revenue graphs that follow. Team-related businesses and real estate: $0 (Team does not own its venue). Wisconsin Department of Workforce Development Established in 1901, but based in Minneapolis in 1961, the team has fielded 19 American League batting champions. Major League Baseball (MLB) is a professional baseball organization with a total of 30 teams in the United States and Canada. I used to watch more NFL football. All Rights Reserved. 10. r/baseball. Fun fact: The Colorado Rockies ballpark has been named Coors Field since it opened in 1995. Team-related businesses and real estate: $75 million. Adding Willson Contreras behind the plate to replace Yadier Molina was a strong move. Joe Sheehan in his newsletter back in late January went through a large number of players who stayed in town. But last season they had the fourth-highest average attendance in baseball and the highest in the American League (26,050). Sal Perez will try to recapture his old form after playing most of 2022 with a damaged thumb and Zack Greinke will continue to be one of the most entertaining players in baseball. Every single team sale in major professional sports results in a veritable killing for the previous owner. Only way to grow the fanbase is to win. The other sports have so much more "parity," or so goes the line of thinking. According to Nielsen's TV market rankings, Las Vegas is 40th nationally with more than 870,000 homes with televisions. At the moment, Joe Mauer was the last to get it in 2009. However, it feels like every time there is a scoring play, it is followed by a five-minute commercial break, then a kick-off (usually just kicked out of bounds), followed by another five minutes of commercial advertisements. Spring training is winding down, final roster cuts are being made and Opening Day is practically here for the 2023 Major League Baseball season. (Jamie Squire/Getty Images), #27 Pittsburgh Pirates | Team value: $1.26 billion. While teams in the bottom third of Forbes' ranking are lucky to get $60 million a year in local cable television rights fees, the Yankees raked in $135 million in cable money last season. Team-related businesses and real estate: $125 million. CBS Sports is a registered trademark of CBS Broadcasting Inc. Commissioner.com is a registered trademark of CBS Interactive Inc. site: media | arena: mlb | pageType: stories | Each MLB teams total value includes the value of the team as well as team-related businesses and real estate holdings. Good. It was a badge of honor to root for teams that could win with low payrolls and if, say, the Yankees won the World Series, the common retort was akin to "lol they bought a championship.". Printed from TeamRankings.com - 2005-2023 Team Rankings, LLC. Wendell Cruz-USA TODAY Sports. Should some teams be eliminated? The list of players who have departed the roster since then include Max Scherzer, Trea Turner, Juan Soto, Kyle Schwarber and Jon Lester. Thats thanks to Gunnar Hendersons arrival, Adley Rutschmans continued improvement behind the plate and Cedric Mullins general awesomeness. WikiLists is a FANDOM Lifestyle Community. 5 - Chicago Cubs. But its CSA is the 6th largest in the country, exceeded only by New York, Los Angeles, Chicago, and the combined Bay Area and Washington-Baltimore CSAs. Come to think of it, why havent the Mets traded for Bautista yet? With a $20 million payroll, you can afford any one player. We do believe them to be a solution to the alarming disparities between baseball's haves and have-not's." Thats asking a lot for an outfielder who has available for more than 100 games just once in his eight seasons. Its easy to feel good about Andrew McCutchens homecoming. The Rockies get a bump over the Royals solely because youre virtually guaranteed to see a home run during any game at Coors Field. 6-keys: media/spln/mlb/reg/free/stories, at Team-related businesses and real estate: $50 million. Click here for the full list of MLB team valuations. #26 Arizona Diamondbacks | Team value: $1.28 billion. Nashville, Tennessee. Team-related businesses and real estate: $50 million. Some large cities that are close together are combined into a single CSA. @ mike_petriello. On the bright side, its almost impossible for first baseman Spencer Torkleson to play worse this year than he did during his rookie campaign. This would suggest that other metrics such as wins and fan intensity play a larger role in determining franchise revenues. #17 Baltimore Orioles | Team value: $1.46 billion. Please dont look into why, Twins fans. They wont win a ton of games in a stacked NL East, but they will absolutely be fun to watch especially when Sandy Alcantara is on the mound. Some of the numbers have changed, obviously, but it bears repeating that it simply isn't true to say MLB lags behind in the parity department. Remember the small market that is Kansas City? For example, should fans in Toledo be counted in the Tigers territory? While the other three major professional team sports in North America have numerous franchises in metropolitan areas with fewer than two million people, only three major league baseball teams are situated in such locales: the Cincinnati Reds, Kansas City Royals and Milwaukee Brewers. The second is to spend enough and make the right moves to earn the trust and patronage of its fan base. The 2022 season is scheduled to begin on April 7, and for the second year in a row, we feel grateful that all 30 teams are scheduled to play 162 games. Lets take a look at wins first to determine if we can see any connection there. #21 Cleveland Indians | Team value: $1.375 billion. Dirt. Yet they were able to keep superstar catcher Joe Mauer throughout his career. Coors agreed to a 30-year, $200 million naming rights extension in 2017. MLB (@MLB) May 5, 2022 Market Size: 1,689,572 people Stadium Capacity: 41,900 2022 Payroll: $128,666,826 ( 19th of 30) Franchise Value: $1.28B (25th of 30) The Milwaukee Brewers are the smallest market MLB team with a market size of 1,689,572 people. Teams are brands, and the longer and more established that brand is, the greater its acceptance in the market. 21) celebrates with Stuart Fairchild (No. Some of the helmet money will be used to fund the CBAs new $50 million-a-year bonus pool that was established for players not yet eligible for salary arbitration. (Mike Ehrmann/Getty Images), #29 Tampa Bay Rays | Team value: $1.14 billion. The addition of Jose Abreu at first base has only made one of the most powerful lineups in baseball even stronger. Based on that hunch, I gathered Facebook Likes for each teams official Facebook page as well as Twitter followers for the teams official Twitter account. Team-related businesses and real estate: $0 (Team does not own its venue). The remainder comes from just being a member of the . The concern, as always, comes back to the health of Vladimir Guerrero Jr. and George Springer, but thats less worrisome with Brandon Belt, Daulton Varsho and Kevin Kiermaier in the fold. Folks, I dont know what to tell you. Fun fact: The Cleveland Indians sold the naming rights to their ballpark to Progressive Insurance in 2008 in a deal worth $58 million over 16 years. The Twins have had their fair share of struggles, especially over the past decade. Hunter Greene and Nick Lodolo have tremendous stuff. But everything Minnesota did this offseason will be irrelevant if Byron Buxton cant stay healthy and perform at MVP levels. Fun Fact: Jerry Reinsdorf, who also owns the Chicago Bulls, bought the Chicago White Sox in 1981 for $19 million. Red Sox fans should be extremely excited after watching Masataka Yoshida consistently destroy pitches for Team Japan during the World Baseball Classic. (Emilee Chinn/Getty Images), #20 Cincinnati Reds | Team value: $1.325 billion. Use of a Metro area is one way to accomplish that. Fun fact: American trial lawyer Peter Angelos and his investment group purchased the Baltimore Orioles in an auction for $173 million in 1993. What can a full season of Juan Soto and Xander Bogaerts do for San Diego? Keep an eye on Spencer Strider to take the next step. Now, the proposed new stadium will make the Phillies a big-market team again. The small sample correlation is stronger than with Twitter, depicted below. Comments heard at the meetings included: "The bottom line is, in baseball today, if you want to have a legitimate chance to be competitive year-in, year-out, for most teams you have to be able to lose significant dollars to do it." Going into the 2023 season they have both pitched exactly 19280 pitches. The Padres didn't screw themselves out of future transactions there, either, since they just grabbed Xander Bogaerts for 11 years and $280 million. Fun fact: Kansas City Chiefs quarterback Patrick Mahomes is part-owner of the Royals. Columnist Allen Berra of Salon.com in Damn Twins! In ranking the teams by capital structure, the San Francisco Giants are clearly the most stable franchise in the major leagues. Finally, I think there is something to be said for the time in which a franchise has been in a particular market. The BetFTW crew also gave their best guesses for which teams will hit their win total projections this season putting money on a team instantly makes them more watchable when all else fails. 63) after hitting a two-run home run during the third inning of a spring training baseball game on Sunday, March 20, 2022, in Surprise, Arizona. Team-related businesses and real estate: $125 million. Revenue data as per Forbes; demographic data from the 2011 US Census. The latest ranking reported that the New York Yankees is the most valuable MLB franchise after the 2021 MLB season. - Reds General Manager Jim Bowden, "We do not pretend to believe these changes will be easy or universally popular. MLB.TV. Team-related businesses and real estate: $230 million. The 8 tiers of contenders for 2022. #25 Oakland Athletics | Team value: $1.3 billion. Another forty to fifty percent (40-50%) of local revenues after ball park expenses and broadcasting / licensing revenues were to be distributed unequally in an effort to assist those team. Fun fact: Citizens Bank and the Philadelphia Phillies agreed to a 25-year partnership worth $95 million in 2003 that included naming rights of the ballpark. Team-related businesses and real estate: $0 (Team does not own its venue). Players. 1 of 30 30. Mike Petriello. Have the New York Yankees "bought the pennant" year in and year out because, simply put, they are financially able to afford the major players? Fun fact: Target Corp. and the Minnesota Twins agreed to an exclusive 25-year partnership that included naming rights to the Twins ballpark, which opened in 2010. 1-Yr . The models accuracy improves from 0.75 just by using Facebook data to 0.84 when combining the various data points and spits out this cross-chart: We see a tight cluster of teams all around the trend line, with only the Giants and Dodgers significantly outperforming their predicted revenue. and Peacock worth $115 million annually. I think you are onto something in terms of measuring fan intensity that people havent been able to do using just TV ratings. A matchup nightmare in the American League with a deep rotation and even deeper lineup. The Twins should win the AL Central, but since when has that mattered in this division?

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