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Baseball Primer Newsblog — The Best News Links from the Baseball Newsstand Thursday, March 23, 2023Baseball’s Most Valuable Teams 2023: Price Tags Are Up 12% Despite Regional TV Woes
RoyalsRetro (AG#1F)
Posted: March 23, 2023 at 12:51 PM | 7 comment(s)
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1. Walt Davis Posted: March 23, 2023 at 02:39 PM (#6121177)I do have doubts about that $1.7 B unless there's a lot of real estate involved maybe -- the Hornets are worth more than half the MLB teams?
This was early 2010 and it was a very cheap time to buy NBA teams. The cloud of the recession and difficulty to obtain financing were the big macro factors, obviously. But this was also a few years before a big jump in TV revenue. In 2011, the Sixers and Pistons sold for not much more than the Hornets. Things started going nuts in 2014, when the Clippers sold for $2B.
All I know, from what we here from just about every team, is that it is very, very, very expensive to run one of these things as they seem to lose money every year!
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