Most valuable MLB teams of 2016
Here is the complete list of the most valuable MLB teams of 2016, according to Forbes.
The business of sport has never been more prosperous. The money generated by professional teams and leagues continues to soar with record television deals and max contracts offered to role players just to reach the cap floor.
Just in the last few weeks, Indianapolis Colts’ quarterback Andrew Luck signed the richest deal in NFL history, while Memphis Grizzlies’ point guard Mike Conely did the same in the NBA.
MLB is no exception. By virtue of playing the most games, 162, MLB teams have more product to sell than any other league, which has helped many teams have evolve into billion dollar entities.
The New York Yankees are again the highest-valued organization on the Forbes list, with the average value of all 30 MLB teams at record-high $1.29 billion.
Here is a complete list of the most valuable MLB teams of 2016.
- New York Yankees: $3.4 billion
- Los Angeles Dodgers: $2.5 billion
- Boston Red Sox: $2.3 billion
- San Fransisco Giants: $2.25 billion
- Chicago Cubs: $2.2 billion
- New York Mets: $1.65 billion
- St. Louis Cardinals: $1.6 billion
- Los Angeles Angels of Anaheim: $1.34 billion
- Washington Nationals: $1.3 billion
- Philadelphia Phillies: $1.24 billion
- Texas Rangers: $1.23 billion
- Seattle Mariners: $1.2 billion
- Atlanta Braves: $1.18 billion
- Detroit Tigers: $1.15 billion
- Houston Astros: $1.1 billion
- Chicago White Sox: $1.05 billion
- Baltimore Orioles: $1.0 billion
- Pittsburgh Pirates: $975 million
- Arizona Diamondbacks: $925 million
- Minnesota Twins: $910 million
- Cincinnati Reds: $905 million
- Toronto Blue Jays: $900 million
- San Diego Padres: $890 million
- Milwaukee Brewers: $875 million
- Kansas City Royals: $865 million
- Colorado Rockies: $860 million
- Cleveland Indians: $800 million
- Oakland Athletics: $725 million
- Miami Marlins: $675 million
- Tampa Bay Rays: $650 million
Check out our MLB hub page for more news and updates.