• Loading stock data...
Sunday, April 21, 2024
  • -
    days
  • -
    hours
  • -
    minutes
  • -
    seconds

MLB Team Values: There’s the Yankees and Then Everybody Else

  • The New York Yankees soared to a $7.1 billion value, per Forbes.
  • The Los Angeles Dodgers were a distant second at $4.8 billion.
New York Yankees players Aaron Judge and Giancarlo Stanton
Wendell Cruz-USA TODAY Sports

Baseball’s media ecosystem is undergoing huge changes, but that hasn’t stopped team values from soaring.

The New York Yankees’ lofty perch became even loftier as the team’s valuation rocketed 18% from last year to $7.1 billion, per Forbes’ latest tally.

Using 2022’s NFL team valuations, that would make the Yankees the second-most valuable sports team in the world after the $8 billion Dallas Cowboys.

After the Yankees, there’s a steep dropoff to the second-place Los Angeles Dodgers ($4.8 billion), followed by other major-market teams like the Boston Red Sox ($4.5 billion), Chicago Cubs ($4.1 billion), and San Francisco Giants ($3.7 billion).

WBC ratings high

World Baseball Classic Final Draws Record TV Viewership

Japan’s 3-2 victory over the USA drew 5.2 million viewers across Fox.
March 22, 2023

The bankruptcy of Diamond Sports Group, which broadcasts 14 MLB teams, presents challenges for many teams outside the biggest media markets. The top teams are generally insulated from that issue — many have standalone sports networks, such as the Yankees’ YES Network.

The average team value grew 12%, despite 10 teams registering an operating loss — led by the free-spending New York Mets (sixth at $2.9 billion), who took a $138.5 million hit.

Success on the field was rewarded as well: The Seattle Mariners, who made the playoffs last year for the first time since 2001, saw their valuation leap 29% to $2.2 billion.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

No Subscription Totals? Netflix’s Decision Could Impact Sports Plans

The streaming giant says a focus on subscriber totals doesn’t reflect the full state of the company.

Utah Fans Rush for Season Tickets (for a New NHL Team With No Name)

More than 20,000 season-ticket deposits have been made for the newly relocated NHL team.

Rockies Coach’s Team Plane Cockpit Visit Triggers Federal Investigation

A since-deleted video shows him sitting in the cockpit mid-flight.

Diamond Sports Group Is About to Survive Bankruptcy. Will It Matter?

The bankrupt company faces key questions relating to both programming and distribution.
podcast thumbnail mobile
Front Office Sports Today

Why Ian Rapoport Lives for the NFL Draft’s Chaos

0:00
0:00

Featured Today

Everything You Need To Know About the Legal Attempts To Kill the ACC

Four lawsuits involving the conference, Clemson, and FSU could determine the future.
April 20, 2024

A Bare-Knuckle Fighter Won His Pro Debut. The Far Right Scored a Marketing Win

With Proud Boys sponsoring him, experts say extremist groups will use his success to elevate their ideologies and recruit new believers.
April 7, 2024

Women’s Basketball Finally Has a TV Deal to Match the Excitement. Now What?

A lucrative new media-rights contract could rectify problems of the past, but the future of March Madness media rights is anyone’s guess.
Mar 16, 2024; Washington, D.C., USA; North Carolina State Wolfpack forward DJ Burns Jr. (30) cuts the net after defeating the North Carolina Tar Heels for the ACC Conference Championship at Capital One Arena.
April 6, 2024

How Two College Seniors Helped DJ Burns Cash In on a Final Four Run

Two college seniors are facilitating deals for NC State’s big man.

Careers

Powered By

Careers in Sports

Looking for a new job? Check out these featured listings and search for openings all over the world.
Live Nation
Multiple - USA Careers
Adidas
Multiple - USA Careers
FanDuel
Multiple - USA Careers
Alex Rodriguez, Anthony Towns

Timberwolves’ Playoff Start Is Clouded by a Messy Ownership Dispute

No one knows who the Timberwolves’ owner will be in the future.
April 17, 2024

NBA Postmortem: A Record Salary, Groundbreaking Investment … and What For It?

The Pistons and Wizards made big financial moves last summer.
Jazz owner Ryan Smith
April 18, 2024

Utah’s Long-Term Hockey Dream Is a Short-Term Logistical Nightmare

Ryan Smith now faces a lengthy to-do list to prepare for the next NHL season.
Sponsored

Rapid Returns: How Technology Is Getting You Back to Your Seat

How Oracle’s POS technology is helping fans get back to their seats faster.
April 17, 2024

The A’s Have Major League Problems With Minor League-Level Attendance

The team was outdrawn Tuesday by 19 different minor-league teams.
April 17, 2024

Warriors Missing Playoffs Has Big-Money Consequences

The NBA is losing one of its biggest postseason draws.
April 15, 2024

Knicks’ Resurgence Marks Peak in Dolan’s Sports Domain

The team’s on-court success is fueling a series of gains off it.
April 12, 2024

Fever Keeping Plans Quiet (for Now), Unlike Spurs and Blackhawks

The Fever’s business approach differs from recent rookie phenoms in other leagues.