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Wednesday, March 25, 2015

MLB Worth $36 Billion As Team Values Hit Record $1.2 Billion Average

Baseball is dying, man.

If Major League Baseball traded on a stock exchange it would be worth $36 billion. The average baseball team TISI +0.62% is now worth $1.2 billion, 48% more than a year ago, the biggest year-over-year increase since we began tracking team values in 1998. A record 15 MLB teams are now worth at least $1 billion, up from five in 2014.

The New York Yankees are worth the most, $3.2 billion, and are tied with the NFL’s Dallas Cowboys as the most valuable U.S. sports teams (Spanish soccer team Real Madrid, worth $3.44 billion, is the most valuable in the world)....

Television money is driving the sport’s top line growth. In 2014, broadcasting and cable money accounted for $2.88 billion, or 37% of baseball’s $7.86 billion of revenue. Just five years earlier, television proceeds were $1.73 billion, or 29% of the sport’s $5.91 billion of revenue. During the past five years, mega cable deals for the Dodgers, Seattle Mariners and Los Angeles Angels of Anaheim have kicked in, and last season MLB began new national broadcasting deals with ESPN, Fox and TBS that will pay a total of $12.4 billion over eight years–more than double the previous contracts.

RoyalsRetro (AG#1F) Posted: March 25, 2015 at 12:37 PM | 47 comment(s)
  Beats: forbes, franchise valuation, revenues, television

 

 

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