Apr 2, 2024 - Sports

Houston Astros are rising in value

José Altuve rounds a base after hitting a home run inside Minute Maid Park

Keep your head up, 'Tuve. Photo: Tim Warner/Getty Images

The Astros saw one of the biggest year-over-year value increases in Major League Baseball.

Driving the news: Of the 30 MLB teams, the Astros ranked 11th by franchise valuation at $2.4 billion as of March, according to Forbes.

The intrigue: That's 8% higher than Forbes' valuation of the team in 2023, a marked difference from the league's average year-over-year growth rate of 4%.

State of play: The 'Stros are off to a 1-4 start after a rocky series with the New York Yankees.

  • Yes, but: On Monday, right-hander Ronel Blanco threw the team's first no-hitter of the season against the Toronto Blue Jays, giving the Astros their first win of the season.
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