Wednesday, March 25, 2015

FORBES: Sox Are Third Most Valuable In MLB

FORBES magazine has released its 2015 list of MLB team values—and the Red Sox come in at number three. Not surprisingly, The Bronx Embalmers top the list with a valuation of $3.2 billion. The Dodgers come in second, worth $2.4 billion, while the Red Sox chime in next at $2.1 billion. Forbes calls the figures "enterprise values"—that is, a calculation of equity plus net debt. Overall, Major League Baseball itself is valued at a whopping $36 billion—with an average team value of $1.2 billion (up 48% since 2014).