Forbes Releases 2013 MLB Team Valuations

MLB LogoForbes announced today its annual valuations of Major League Baseball’s 30 teams, reporting that the average team is now worth $744 millionThis all-time record marks a 23% increase from last year, which is the largest increase since Forbes began tracking MLB finances in 1998. The increase is driven by new national television deals, climbing valuations for MLB Advanced Media and baseball’s investment fund.

The New York Yankees are for the 16th consecutive year baseball’s most valuable team, worth $2.3 billion. This 24% increase in value from last year also makes the Bronx Bombers the most valuable U.S. sports team. The New York Mets rank No. 6 and are valued at $811 million, up 13% from last year’s valuation. During the 2012 season, average revenue rose 7%, to an average of $227 million per team. Operating income per team fell 9% to $13.1 million, mainly due to higher stadium and SG&A (selling, general, & administrative) expenses.

This year’s Top 10 Most Valuable Major League Baseball Teams are:

Rank

Team

Owner

Value ($mil)

1-year
change (%)

Revenue
($mil)

Operating
Income ($mil)

1

New York
Yankees

Steinbrenner Family

2,300

24%

471

1.4

2

Los Angeles
Dodgers

Guggenheim Baseball

1,615

15

245

3.2

3

Boston
Red Sox

John Henry

1,312

31

336

23.9

4

Chicago
Cubs

Ricketts Family

1,000

14

274

32.1

5

Philadelphia
Phillies

Partnership led by David Montgomery

893

24

279

0.6

6

New York
Mets

Fred & Jeff Wilpon

811

13

232

-2.4

7

San Francisco
Giants

Charles Johnson

786

22

262

17.6

8

Texas
Rangers

Ray Davis

764

13

239

-8.7

9

Los Angeles Angels of Anaheim

Arturo Moreno

718

9

239

-12.9

10

St. Louis
Cardinals

William DeWitt Jr.

716

21

239

19.9

View full list here.

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Filed under Money & Financials, Rankings & Attendance

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