MLB teams revenue - additional information
Major League Baseball (MLB), with its 30 teams, generated around 9 billion U.S. dollars in total revenue in the 2016 season, almost twice the revenue generated ten years ago, when total revenue was at 5.5 billion U.S. dollars. On average each team generated almost 300.9 million U.S. dollars in revenue in 2016. The New York Yankees were the highest-earning team in Major League Baseball with 526 million U.S. dollars in revenue in 2016, while the Tampa Bay Rays were the team with the lowest earnings with revenues at around 205 million U.S. dollars.
Almost 30 percent of the total league-wide revenue is earned from gate receipts (ticket sales).
Television and media rights constitute another important stream of revenue. In 2012 MLB reached agreements on new broadcasting deals with Fox, TBS and ESPN, that started with the 2014 season and bring in an estimated total of 12.4 billion U.S. dollars in revenue through 2021. This revenue is equally shared among all 30 teams, an average of 52 million U.S. dollars per team and season.
Strong revenue growth has had a large impact on the valuation of MLB franchises. In 2017, the average franchise value was estimated at 1.54 billion U.S. dollars. The New York Yankees are the most valuable franchise with an estimated worth of 3.7 billion U.S. dollars, followed by the Los Angeles Dodgers with an estimated value of 2.75 billion U.S. dollars.