According to CNBC’s official MLB evaluation, the average Major League baseball team costs $ 2.62 billion.
According to CNBC evaluation, New York Yankis, $ 8 billion, is MLB’s most valuable team. Among all the North American sports franchisees, Yanky rank only behind the National Football League Dallas Cowboys$ 11 billion, and National Basketball Association Price Golden State WarriorsAccording to CNBC evaluation, value of $ 9.4 billion. NFL Los Angeles Ram According to CNBC calculation, there is also a value of $ 8 billion.
According to CNBC calculation, after adjusting for revenue sharing, Yankees posted MLB-High in $ 705 million revenue during the 2024 season.
Los Angeles Dojers, priced at $ 5.8 billion, is the second most important baseball team. Dozers, champions of the world series, generate $ 701 million in revenue during the 2024 season, according to CNBC calculations, according to industry sources, the team paid more than $ 120 million to share revenue. According to CNBC calculations, the doseers were also the only other teams, besides Yanki producing more than $ 600 million in revenue during the 2024 season.
According to the CNBC calculation, an enterprise value-to-sale in the average MLB team is 6.4, 10.1 for NFL, 11.9 for NBA and 8.6 for National Hockey League.
Multiple for baseball is low as MLB teams are changing hands on lower revenue multiples than other American leagues. The previous MLB team that was sold was Baltimore Oraoles, who went into 2024 $ 1.73 billion or just 5.3 times revenue, according to people familiar with the deal, who refused to discuss the conditions.
According to CNBC calculation, in 2023, Washington Commanders of NFL were sold in $ 6.05 billion or 11.1 times revenue. According to CNBC calculations, recently the NBA team was Dallas Mavrices, which went into $ 3.33 billion or 8.9 times in 2023.
MLB is facing revenue headwind Decline Regional sports network model and Worry Regarding national TV rights, especially since February, when ESPN announced that it would exit its agreement with MLB after this season. Lack of salary cap in the league has also hurt the bottom line. NBA, NFL and NHL, all of which have salary caps, claim interest, taxes, depreciation and refinement, or a margin for earning about 20%before EBITDA. Conversely, MLB, which does not have a salary cap, is 5%, according to CNBC calculations.
The case can be made that baseball is a price game. According to MLB, overall revenue is still increasing. During the 2024 season, the revenue of the game recorded $ 12.1 billion more than the previous season – $ 12.1 billion more recorded – all records high levels as appearance, ticket sales and sponsorship revenue.
International possibilities are also bright. 2025 The two-game series played in Japan in March between Dozers and Chicago Cubs to start regular season were one. Major successAccording to industry sources, MLB revenue may increase by about 3% in 2025.
“Local media headwinds are undisputed,” said Steve Greenberg, a managing director of Allen & Company, who focuses on sports and media industries. “He said, I think MLB has been underwelled to another League vs. and the difference can be prepared to shut down.”
The CNBC functions for the ranking of MLB teams here.
, Tafanam Rahman of CNBC contributed to this report.
