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The average Major League Baseball team is now worth $2.4 billion, 4% more than a year ago. With the exception of 2021— when the Covid-19 pandemic disrupted the 2020 baseball season—it was the first time values increased less than 4% year over year since 2010.<br/><br/>The good news? Since Forbes first began doing valuations of MLB teams in 1998, when the average team was valued at $194 million, owning a team would have beaten inflation by more than five-fold and beaten the S&P 500 (excluding the reinvestment of dividends) by nearly double.<br/><br/>Revenue in MLB rose 10% in 2023, to an average of $378 million per team—the steepest increase since 2015. That increase was due to record ticket, merchandise, television and licensing revenue. But operating income (earnings before interest, taxes, depreciation and amortization) only went up 6%, to an average of $19 million due to more spending on players, technology and analytics.<br/><br/>Forbes’ team valuations are enterprise values (equity plus net debt) based on historical transactions and the future economics of the sport and each team. Revenue and operating income (earnings before interest, taxes, depreciation and amortization) are for the 2023 season and are net of revenue sharing, competitive balance taxes and stadium revenue used for debt service. Ownership stakes in regional sports networks, as well as related profits or losses, are excluded from our valuations and operating results, as are investments in real estate and other businesses. (For all-inclusive sports ownership valuations, see the 2023 Sports Empires rankings.) Sources include sports bankers, team and league executives, public documents like leases and filings related to public bonds, and media rights experts.<br/><br/>Read the full story on Forbes: https://www.forbes.com/lists/mlb-valuations/?sh=12ce2ca1421d<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.

MLB's 5 Most Valuable Teams 2024

⏲ 3:14 👁 28.2M

History Matters

Ten Minute History - The Spanish Civil War and Francisco Franco (Short Documentary)

⏲ 10 minutes 👁 1.3M

Biographics

Francisco Franco: The Rise of the Generalisimo

⏲ 27 minutes 26 seconds 👁 336.5K

Jordan Hicks: Giants' New Starter from Former Closer from francisco franco

Jordan Hicks: Giants' New Starter from Former Closer

⏲ 2:58 👁 14.4M

Zoomer Historian

The Complete Life of Francisco Franco

⏲ 3 hours 12 minutes 41 seconds 👁 9.1K

Get.factual

The Truth about Franco: The Rise to Power | History Documentary

⏲ 53 minutes 12 seconds 👁 18.8K

Netflix's \

'Day Shift' Interviews with Jamie Foxx, Dave Franco and Director J.J. Perry

⏲ 8:52 👁 1.2M

History Matters

Why Didn't the Allies Get Rid of Franco After the Second World War? (Short Animated Documentary)

⏲ 3 minutes 17 seconds 👁 1.3M

Get.factual

The Truth about Franco : Zero Hour | History Documentary

⏲ 52 minutes 32 seconds 👁 27K

28 of the 30 player names the Cowboys have visited with for the draft has been released. History shows their 1st round pick normally in this list, but is it this time? Shan, RJ, & Bobby discuss this and a potential draft trade with the Niners.

Is the Cowboys' 1st round pick in their 30 player visit list?

⏲ 7:55 👁 2.3M

Al Jazeera English

Spain to exhume historic leader Francisco Franco's body

⏲ 2 minutes 7 seconds 👁 7.3K

VICE News

The Skeletons of Spain’s Fascist Past

⏲ 16 minutes 36 seconds 👁 129.4K

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