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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 👁 22.4M

Exclusive Mafia

The Genovese Crime Family - Documentary Series - New York's Mob Kings (Part. 1) #truecrime #mafia

⏲ 39 minutes 25 seconds 👁 9.6K

Our History

How The FBI Took Down New York's Most Notorious Mafia Bosses | Our History

⏲ 1 hour 24 minutes 11 seconds 👁 791.2K

March has been a colourful month in Yorkshire, from Blossoms at Burnby Hall Gardens, to York's Chocolate Festival. Our team of Yorkshire Post photographers have been out across the patch taking some wonderful photos of lambing at Humble Bee Farm, Filey, artists at the Art House in Wakefield, Donkeys on Palm Sunday at Ripon, silver auctions at Tennents in Leyburn, and the Park Hill Uprise cycle event as part of Sheffield's Outdoor City.

York's Chocolate Festival, Donkeys on Palm Sunday and Park Hill Uprise - March in Pictures by the Yorkshire Post

⏲ 2:39 👁 72.3M

The NSTLKIA Channel

The Mafia Pizza Connection | FULL DOCUMENTARY

⏲ 56 minutes 33 seconds 👁 70.6K

Insider

How The New York Mafia Actually Works | How Crime Works | Insider

⏲ 16 minutes 25 seconds 👁 3.9M

Lucy Burdge and Kasey Hudson run down the best value bets for tonight's slate in the MLB and NHL including ax exact score odds boost in tonight's Rangers-Devils games.

BetQL Daily Boost 4-3-24

⏲ 5:51 👁 49.6M

Romancing Manhattan Tours

New York Mafia Headquarters

⏲ 5 minutes 31 seconds 👁 50.4K

Absolute Crime

The Rise & Fall Of New York's Most Notorious Gangsters | The Irish Mob Full Series | Absolute Crime

⏲ 4 hours 26 minutes 31 seconds 👁 124.3K

Beyonce can inspire change for black artists, according to Mickey Guyton.

Mickey Guyton hopes Beyonce can inspire change for black artists in the country music genre

⏲ 1:35 👁 8.3M

The Infographics Show

New York Mafia Families Today

⏲ 15 minutes 40 seconds 👁 691.9K

Underworld Life

Mafia Families Who Are Ruling New York in 2023

⏲ 33 minutes 45 seconds 👁 115.2K

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