Oct 25, 2013, 10:00 PM EDT
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.
Sep 17, 2014, 11:45 PM EDT
Yankees setup man Dellin Betances has broken a franchise record that Mariano Rivera set in 1996.
Sep 17, 2014, 10:43 PM EDT
Watch as new Red Sox outfielder collects the first hit of his major league career Wednesday night at PNC Park on a hot shot that Pirates second baseman Neil Walker couldn’t quite handle …
Sep 17, 2014, 9:59 PM EDT
CSNPhilly.com’s Jim Salisbury hears that Phillies have “legitimate interest” in signing Cuban slugger Yasmani Tomas, whose price tag is expected to top $100 million.
Sep 17, 2014, 9:17 PM EDT
Jon Heyman of CBSSports.com reports that the Brewers intend to exercise their half of a $14 million mutual option on Aramis Ramirez for the 2015 season. But will the veteran third baseman exercise his half?
Sep 17, 2014, 8:50 PM EDT
His worst career slump remains 0-for-32 in 2004.
Sep 17, 2014, 8:23 PM EDT
Carlos Beltran has been excused from the Yankees to deal with a private family matter, according to MLB.com beat reporter Bryan Hoch, with manager Joe Girardi saying Wednesday afternoon that the veteran will be given “as much time as he needs.”
Sep 17, 2014, 7:49 PM EDT
Sep 17, 2014, 7:41 PM EDT
Watch as Matt Duffy smacks this pinch-hit two-run single in the top of the ninth inning Wednesday at Arizona’s Chase Field to put the Giants ahead of the Diamondbacks for good …
Sep 17, 2014, 7:19 PM EDT
Raburn parlayed a very productive season in a part-time role with the Indians last year into a two-year deal, but he hit just .200 with four homers and a .547 OPS in 74 games.
Sep 17, 2014, 6:50 PM EDT
After playing fewer than 100 games in each of the previous four years Navarro has had a solid season as Toronto’s primary catcher, hitting .282 with 12 homers and a .734 OPS in 131 games at age 30.
Sep 17, 2014, 6:34 PM EDT
As first reported by Jim Bowden of ESPN and SiriusXM, the Cardinals have cleared right-hander Michael Wacha to return to the starting rotation this Saturday evening against the visiting Reds.
Sep 17, 2014, 6:18 PM EDT
Perkins had a 2.44 ERA with just two homers allowed and a 64/9 K/BB ratio in his first 55 innings, but in his last eight appearances he’s given up 10 runs–including five homers–in 6.1 innings for a 14.21 ERA and .429 opponents’ batting average.
Sep 17, 2014, 5:17 PM EDT
Stanton, who hit .288 with a league-leading 37 homers and a league-leading .950 OPS before the injury, will end up missing the final 17 games of the season.
Sep 17, 2014, 5:12 PM EDT
Forget it, Jake. It’s Colorado.
Sep 17, 2014, 4:51 PM EDT
After a solid first half Teixeira has batted .179 with 43 strikeouts in 42 games since the All-Star break.
Sep 17, 2014, 4:16 PM EDT
Still not as bad as his golf swing.
Sep 17, 2014, 3:53 PM EDT
Good to see MLB make the smart call and suspend Stroman for headhunting.
Sep 17, 2014, 3:30 PM EDT
The Nationals starters are getting a breather today.
Sep 17, 2014, 3:15 PM EDT
Altuve is on pace for the most hits in a season since …
Sep 17, 2014, 3:00 PM EDT
Pedants of the World Unite!
- Video: Rusney Castillo notches his first major league hit 1
- Michael Wacha cleared to return Saturday vs. Reds 0
- Marlins officially shut down Giancarlo Stanton for the season 5
- Umpire Joe West suspended for one game for his part in the Jonathan Papelbon incident 54
- And That Happened: Tuesday’s scores and highlights 83
- Jose Altuve breaks Craig Biggio’s franchise record, tallying his 211th hit of the season 12
- Orioles beat Blue Jays to clinch AL East title 38
- Tanner Roark dominates as Nationals clinch NL East 22
- Chris Davis suspended 25 games for amphetamine use (92)
- Giancarlo Stanton diagnosed with multiple facial fractures and dental damage (91)
- Bud Selig can’t remember the last domestic violence incident in Major League Baseball (88)
- A couple of initial thoughts on the Chris Davis suspension (83)
- And That Happened: Tuesday’s scores and highlights (83)