MLB Team Values Soar Despite TV Turmoil
TL;DR Summary
Despite the recent bankruptcy filing of Diamond Sports and the continued disintegration of the regional sports network model, Major League Baseball franchise values have increased by 12% over the past year, with the New York Yankees topping the list as the most valuable team at $7.1 billion. The increase in value was largely due to a 64% increase in ticket revenue, including the postseason and spring training. However, smaller market teams are at risk of local television fee cuts, impacting their valuations.
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- Baseball's Most Valuable Teams 2023: Price Tags Are Up 12% Despite Regional TV Woes Forbes
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