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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 👁 18.3M

NYC Department of Buildings

2014 Codes Effective Date Part 1James Colgate RA Esq

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Jake Dunlap

How To Create A World-Class Enablement Team

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Meet the real estate experts who advise \

Real estate experts advise \

⏲ 3:7 👁 10.8M

ICCMEDIA

Building Codes 101, Part I: Introduction to Building Codes

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Treesearch

Lars Berglund, KTH – Transparent wood and other materials from delignified wood scaffolds

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A major regeneration scheme could lead to 2,500 homes being built in the heart of York. Homes England and Network Rail Property have signed a development agreement with McLaren Property and Arlington Real Estate to be strategic development partners for York Central, which is set to become one of the UK’s largest city centre regeneration schemes.

York Central: 2,500 homes could be built next to York Railway Station after agreement is signed

⏲ 1:6 👁 4M

Aalto University

From plants to nanomaterials: cellulose at an interface – Eero Kontturi

⏲ 14 minutes 42 seconds 👁 299

IIT Kharagpur July 2018

Lecture 51:Surface drainage system design-1

⏲ 32 minutes 33 seconds 👁 18.9K

Property sale preview of Benwerrin. Video from Elders and Forbes Global Properties.

Benwerrin, Pakenham Upper | April 8, 2024 | Farmonline

⏲ 3:7 👁 3.8M

Cole Gordon

Steal My 7-Step Sales Process...

⏲ 58 minutes 47 seconds 👁 11.7K

Briebug

What is Enablement - How to Increase ROI by Levelling Up Your Team

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