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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 👁 20M

Jacquelyn Wieland

jkw 7 minutes sp copy

⏲ 6 minutes 40 seconds 👁 1

JKW Vlogs

SMALL Business Workspace tour♡Home office & equipment

⏲ 2 minutes 30 seconds 👁 12

European Commission President Ursula von der Leyen is embroiled in a row over favouritism, after appointing German MEP Markus Pieper as Envoy for Small and Medium-sized Enterprises, a five-year post with a salary of nearly 17,000 euros a month.

Von der Leyen's SME Envoy appointment disputed

⏲ 1:50 👁 22.6M

JKrew Gaming

MY FOSTER SISTER PRETENDS TO BE MEAN TO ME!! **BROOKHAVEN ROLEPLAY** | JKREW GAMING

⏲ 11 minutes 8 seconds 👁 206.6K

Waldo's World

I Bought an 80,000 lb Excavator for ONLY $7,500! What Could Possibly go Wrong?

⏲ 18 minutes 28 seconds 👁 2.9M

Set phasers to scream! Star Trek icons in horror movies.

10 Star Trek Legends Who Starred In Horror Movies

⏲ 11:30 👁 7.3M

JKrew Gaming

I BECAME A RICH MOM IN BROOKHAVEN!!

⏲ 7 minutes 7 seconds 👁 2M

JKrew Gaming

WE MOVED INTO A CASTLE! *Brookhaven Roleplay*

⏲ 12 minutes 26 seconds 👁 136.4K

Set phasers to scream! Star Trek icons in horror movies.

10 Star Trek Legends Who Starred In Horror Movies

⏲ 11:30 👁 10.2M

Andrew Camarata

Buying a new $4000 excavator

⏲ 50 minutes 45 seconds 👁 561.5K

JKrew Gaming

SLEEPOVER GONE WRONG!! (NEVER AGAIN) **BROOKHAVEN ROLEPLAY** | JKREW GAMING

⏲ 9 minutes 26 seconds 👁 1.1M

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