Average MLB team worth $1.54B, up 19 percent, Forbes says

The Yankees top the MLB list again, valued at $3.7B, but even the 30th-rated Rays saw what they're worth grow 27 percent from 2016.

Worried about all that cash your favorite MLB team shelled out on a multiyear deal to an aging utility player? Don't be.

Baseball is rolling in doughwiththe average MLB team worth $1.54 billion, up a whopping19 percent from last year, according to Forbes' 20th annual valuation.

And while the top of Forbes' list of most valuable franchises is dotted with the usual suspects — the No. 1 Yankees ($3.7 billion), No. 2 Dodgers ($2.75 billion) and No. 3 Red Sox ($2.7 billion) — even the 30th-ranked Rays, valued at $825 million, appreciated 27 percent in value from last year's rating.

Only five teams —the Tigers, Dodgers, Marlins, Orioles andRoyals — experiencedoperating losses for the 2016season andtheaverage 2017 opening day payrollwas up4.7 percent from 2016.

Notes the report:Values were driven up by new local TV deals that are increasing at roughly a two-fold rate,surging profitabilityand, crucially,the escalating value ofMLBAdvanced Media, the Internet and technology arm of MLB.

In fact, according to Forbes,MLBAM and BAMTech —MLB's jointventure with The Walt Disney Company and the NHL that providesstreaming technologyand is jointly owned by MLB teams —contributean estimated $400 million to $500 million in value to each of the 30 franchises.

The fine print on the franchise valuations, per Forbes:

"Team values are enterprise values (equity plus net debt). Revenue and expenses of team-owned real estate (stadiums, stores, parking lots, etc.) owned by the team are included in our valuations, but the value of the real estate itself is excluded. We also do not include the value of regional sports networks owned by teams or their profits or losses. But we do include the rights fees (and pro-rated upfront bonuses) the RSNs pay the teams."


2017 MLB Team Values

Rank, Team Value (YoY growth)
1.Yankees $3.7B (9%)
2. Dodgers $2.75B (10%)
3. Red Sox $2.7B (17%)
4. Cubs $2.68B (22%
5. Giants $2.65B (18%
6. Mets $2.0B (21%)

"Team values are enterprise values (equity plus net debt). Revenue and expenses of team-owned real estate (stadiums, stores, parking lots, etc.) owned by the team are included in our valuations, but the value of the real estate itself is excluded. We also do not include the value of regional sports networks owned by teams or their profits or losses. But we do include the rights fees (and pro-rated upfront bonuses) the RSNs pay the teams."


7. Cardinals $1.8B (12%)
8. Angels $1.75B (31%)
9. Phillies $1.65B (34%)
10. Nationals $1.6B (23%)
11. Rangers $1.55B (27%)
12. Braves $1.5B (28%)
13. Astros $1.45B (32%)
14. Mariners $1.4B (17%)
15. White Sox $1.35B (29%)
16. Blue Jays $1.3B (44%)
17. Pirates $1.25B (28%)
18. Tigers $1.2B (4%)
19. Orioles $1.18B (18%)
20. Diamondbacks $1.15B (24%)
21. Padres $1.13B (26%)
22. Twins $1.03B (13%)
23. Rockies $1.0B (16%)
24. Royals $950M (10%)
25. Marlins $940M (39%)
26. Brewers $925M (6%)
27. Indians $920M (15%)
28. Reds $915M (1%)
29. Athletics $880M (21%)
30. Rays $825M (27%)






























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