Chicago Cubs named one of MLB's most valuable teams at $4.1 billion |
Tony Crumpton
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- Friday, March 24 2023
The MLB had been tinkering with several aspects of their game with the pitch clock, large bases, banning shifts and more.
Don't worry about the baseball owners, though, as the league as a whole has seen a remarkable increase in team values. According to Forbes in their latest study, the average MLB team value is up 12% this year, reaching a new record of $2.32 billion. This increase is largely due to the league's continued growth despite still having blackouts on television. At the top of the list, the New York Yankees continue to dominate with a team value of $7.1 billion. The Los Angeles Dodgers come in second, with a value of $4.8 billion, followed closely by the Boston Red Sox at $4.5 billion. The fourth most valuable MLB franchise is the Chicago Cubs, with a team value of $4.1 billion. Rounding out the top five is the San Francisco Giants, with a team value of $3.7 billion. Overall, the success of these five teams is a reflection of the growing popularity and financial strength of the MLB as a whole.
