Mar 26, 2021 - Sports

Average MLB team is worth $2.2 billion

Illustration of baseball on top of a pile of money

Illustration: Eniola Odetunde/Axios

The average MLB franchise is now worth $2.2 billion, according to Sportico's 2021 valuations, released on Friday.

The backdrop: "Every MLB team faced crushing losses in 2020, as combined team revenue plummeted $7 billion, or 67%," Sportico's Kurt Badenhausen and Peter J. Schwartz write.

Top 5:

  1. Yankees ($6.75B)
  2. Red Sox ($4.8B)
  3. Dodgers ($4.62B)
  4. Cubs ($4.14B)
  5. Giants ($3.49B)

What to watch: "No control stakes of teams are actively being shopped, but potential buyers are circling the Baltimore Orioles," they note.

Go deeper