Oct 25, 2013, 10:00 PM EST
Bloomberg published valuations for all 30 Major League Baseball teams, finding that the average value of a team is at $1 billion, 35% higher than previous estimates. The Yankees and Dodgers led the way of course, valued at $3.3 and $2.1 billion, respectively. But eight other teams joined them in the billion-dollar club, including the Red Sox, Mets, Cubs, Giants, Orioles, Angels, Phillies, and Rangers.
Steve Dilbeck of the L.A. Times suggests that the recent sale of the Dodgers to the Magic Johnson group for $2 billion could be a big reason why teams have seen such an increase in value. Dilbeck quotes Matt Miller, the editor of Bloomberg Billionaires:
[…] the $2-billion Dodgers sale changed everything because it “really showed that you have to value all of the assets when it comes to the teams, you can’t just do revenue from ticket sales, concessions and stadium-type deals and merchandising. Really the driver of this is regional sports networks.”
On the topic of regional sports networks, the Bloomberg article points out that of the ten billion-dollar teams, the Phillies are the only team without a regional sports network. However, they are focusing on a new contract as their current one expires in 2015.
Dec 27, 2014, 8:48 PM EST
Derek Jeter may have helped Penn State squeak out a victory over Boston College in the Pinstripe Bowl on Saturday.
Dec 27, 2014, 7:10 PM EST
Heath Bell is looking to hang on with the Nationals in 2015, and he’ll earn at least $1 million.
Dec 27, 2014, 6:05 PM EST
The Brett Anderson signing should become official at some point next week, at long last.
Dec 27, 2014, 5:20 PM EST
Opening Day is 100 days away, but with the unusually mild weather in the New York area, they could really be playing some baseball right now.
Dec 27, 2014, 4:40 PM EST
Cubs shortstop Starlin Castro was reportedly detained for questioning by authorities in the Dominican Republic on Saturday in connection with a nightclub shooting that injured six people.
Dec 27, 2014, 3:45 PM EST
David Ross recently took Rob Bradford of WEEI.com behind the scenes of how he landed a two-year, $5 million contract with the Cubs.
Dec 27, 2014, 11:01 AM EST
The Giants finalized their new two-year, $24 million contract with Jake Peavy this week.
Dec 27, 2014, 8:59 AM EST
Macko worked for the Rangers for over 40 years.
Dec 26, 2014, 10:25 PM EST
The Braves’ one-year deal with catcher A.J. Pierzynski is for $2 million.
Dec 26, 2014, 9:20 PM EST
Rafael Furcal has suffered another injury, this time a torn hamstring which will keep him out of the Dominican Winter League playoffs.
Dec 26, 2014, 8:03 PM EST
If Wandy Rodriguez passes his physical, the Phillies are expected to sign him to a minor league deal.
Dec 26, 2014, 7:10 PM EST
Jeff Manship will begin the spring with the Indians after signing a minor league deal.
Dec 26, 2014, 6:05 PM EST
According to Peter Gammons, some GMs think the Giants will eventually trade for Ben Zobrist.
Dec 26, 2014, 3:49 PM EST
After seven years in the United States, Hiroki Kuroda is heading home.
Dec 26, 2014, 11:32 AM EST
Uggla hit .179 in 2013 and .149 this year.
Dec 26, 2014, 11:00 AM EST
And it’s all thanks to a man named George Mukhobe.
Dec 26, 2014, 10:30 AM EST
He threw 64 innings with a 3.96 ERA and 44/16 K/BB ratio for the Giants in 2014.
Dec 26, 2014, 9:35 AM EST
Remember, Red, hope is a good thing, maybe the best of things.
Dec 26, 2014, 7:32 AM EST
Actually, no, he probably wouldn’t have, Curt.
Dec 25, 2014, 3:05 PM EST
Japanese righty Chihiro Kaneko might have been one of the top starters on the open market this winter had he been posted by the Orix Buffaloes, his Nippon Professional Baseball team.
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