Wednesday, March 26, 2014

Red Sox Are Third Most Valuable On Forbes List

In case you're shedding a tear for the NOG and their world-wide sports conglomerate, take heart. According to Forbes magazine, your Carmine Hose are the third most valuable baseball franchise in the world—coming in at $1.5 billion. That means that the paltry $700 million John Henry paid for the team, NESN and Fenway has more than doubled in value since 2002. Not a bad deal by the former commodities trader. Not surprisingly, The Evil Empire topped the Forbes list—valued at $2.5 billion. So now, The Bronx Embalmers are the richest American sports franchise of any kind—passing the Dallas Cowboys at $2.3 billion. The Los Angeles Dodgers Of Los Angeles were second on the value list—chiming in at an even $2 billion. The Red Sox were followed by Theo Epstein's Chicago Cubs at $1.2 billion and the San Francisco Giants at $1 billion. The average value of a MLB team is now $811 million. Deal me in, Bud!