Skip to content

10 MLB teams valued at $1 billion or more, are the Dodgers to thank?

Oct 25, 2013, 10:00 PM EST

ESPN Films "The Announcement" Los Angeles Premiere

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.

Latest Posts
  1. Phillies don’t expect Chad Billingsley to be ready for Opening Day

    Mar 4, 2015, 11:20 AM EST

    Los Angeles Dodgers v San Diego Padres Getty Images

    Billingsley hasn’t pitched in a big-league game since way back in April of 2013.

  2. Now that he’s released, who pays for Joel Hanrahan’s surgery?

    Mar 4, 2015, 11:05 AM EST

    Joel Hanrahan Getty Getty Images

    Today’s news sucks for Joel Hanrahan, but it’s a good basis for an explainer.

  3. Orioles catcher Matt Wieters limited to DH duties until mid-March

    Mar 4, 2015, 10:52 AM EST

    wieters getty Getty Images

    Wieters underwent Tommy John elbow surgery in June.

  4. Rays name Alex Cobb as Opening Day starter

    Mar 4, 2015, 10:15 AM EST

    Alex Cobb Getty Getty Images

    Now that David Price is out of the picture the Rays need a new Opening Day starter.

  5. Before we laud Curt Schilling too much for his attack on corrosive social media . . .

    Mar 4, 2015, 9:59 AM EST

    Curt Schilling AP

    . . . it’s worth remembering that Schilling himself has some issues when it comes to sensitivity and enlightenment on social media.

  6. Klapisch: it’s time to give A-Rod a break

    Mar 4, 2015, 9:30 AM EST

    Alex Rodriguez

    Let us applaud one writer’s brave effort to battle the beast that is A-Rod Derangement Syndrome.

  7. Photo of the Day: now THAT’S a windup!

    Mar 4, 2015, 9:03 AM EST

    Camera

    Juan Marichal’s got nothin’ on this pitcher from Murray State.

  8. Joel Hanrahan to have a second Tommy John surgery

    Mar 4, 2015, 8:24 AM EST

    Joel Hanrahan AP

    Terrible news that will keep Joel Hanrahan off the mound for at least another year.

  9. Daniel Murphy on Billy Bean: “I do disagree with the fact that Billy is a homosexual”

    Mar 4, 2015, 6:54 AM EST

    Daniel Murphy Getty Getty Images

    I wasn’t aware that one could “disagree” with facts. But there we are.

  10. Rusney Castillo suffers left side injury

    Mar 3, 2015, 10:57 PM EST

    rusney castillo getty Getty Images

    It was a successful afternoon in pretty much every way at Fenway South. Except maybe one …

  11. Yankees prospect Luis Torrens needs shoulder surgery

    Mar 3, 2015, 9:44 PM EST

    yankees logo

    The expectation is that he will have to sit out the entire 2015 season.

  12. Orioles sign Pedro Beato to minor league contract

    Mar 3, 2015, 8:31 PM EST

    beato getty Getty Images

    The deal does not include an invitation to major league spring training, so Beato won’t be under consideration for one of the spots in the Orioles’ Opening Day bullpen.

  13. Video: Yoenis Cespedes launches grand slam in Grapefruit League debut with Tigers

    Mar 3, 2015, 7:28 PM EST

    cespedes getty Getty Images

    Yoenis Cespedes made his presence felt around Tigers camp with this fourth-inning grand slam in Tuesday afternoon’s Grapefruit League opener against the visiting Orioles …

  14. Video: Jung-Ho Kang homers in Pirates debut

    Mar 3, 2015, 5:46 PM EST

    jung-ho kang getty Getty Images

    Kang hit .356 with 40 homers in Korea last season.

  15. Noah Syndergaard just learned not to eat his lunch in the clubhouse during a game

    Mar 3, 2015, 4:15 PM EST

    Noah Syndergaard Getty Images

    Because, if he does, David Wright and Bobby Parnell are gonna go kick his butt.

  16. Madison Bumgarner didn’t exactly start 2015 the way he ended 2014

    Mar 3, 2015, 3:54 PM EST

    Madison Bumgarner

    Unless someone gets injured, spring training game results don’t matter a bit. But they are a reminder that everyone starts from square one each season. No matter how well they ended the season before.

  17. Former batting champion Alex Johnson dies at age 72

    Mar 3, 2015, 3:15 PM EST

    Alex Johnson Angels

    Johnson made the All-Star team in 1970 and went on to win the batting championship by hitting .329, marking his third straight season with a batting average above .300.

  18. Spring training quotes: Pants on, pants off

    Mar 3, 2015, 2:10 PM EST

    Miguel Cabrera AP AP

    Baseball has officially started, but opinions on pants vary.

Top 10 MLB Player Searches
  1. C. Gonzalez (2520)
  2. A. Wainwright (2485)
  3. M. Upton (2473)
  4. A. Simmons (2447)
  5. C. Hamels (2233)