The MLB franchise Boston Red Sox was founded in 1901. The then-called “Boston Americans” won their first World Series championship in 1903. After that, the Red Sox won seven more World Series championships, placing them amongst the top three teams with the most titles in the MLB. The Boston Red Sox are majority owned by the Fenway Sports Group.
The Boston Red Sox is the third most valuable franchise in the league, just behind their main rival, the New York Yankees, and the Los Angeles Dodgers. From 2014 to 2015, the Red Sox franchise value has increased significantly, going from 1.5 billion U.S. dollars to 2.1 billion U.S. dollars. The revenue of the Boston Red Sox has also consistently grown over the last few years. The Red Sox registered their highest revenue to date in 2014, with 370 million U.S. dollars. Despite the fact that the Red Sox have the highest average ticket price, less than half of this revenue was generated by gate receipts in 2014.
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