Major League Baseball franchise value
The North American professional baseball league Major League Baseball (MLB) consists of 30 teams that are grouped into two leagues, the National League and the American League. The overall revenue of the league was at 8.39 billion U.S. dollars in 2015, an average of 280 million U.S. dollars per team. League-wide revenue has almost doubled over the past ten years leading to an increase in the valuation of MLB franchises.
In 2004, franchises in Major League Baseball had an estimated value of 295 million U.S. dollars on average according to Forbes. In its 2017 edition of MLB team valuations, Forbes estimates the average franchise value at 1.537 billion U.S. dollars. The Tampa Bay Rays were the least valuable franchise with a value of 825 million U.S. dollars. The New York Yankees, on the other hand, were the most valuable franchise with a value of 3.7 billion U.S. dollars in 2017.
Compared to the other major sports leagues in North America (NFL, NBA and NHL), Major League Baseball teams are worth the second-most on average. Teams of the National Football League are the most valuable with an average franchise value of about 2.3 billion U.S. dollars. NBA franchises are worth 1.2 billion U.S. dollars on average while teams of the National Hockey League are ascribed an average value of 517 million U.S. dollars.