Posted on Fri Apr 20, 2007 at 08:26:06 AM EST in MLB
More on: MLB, Bud Selig, marketing (all tags)

A lot was made recently about about Bud Selig's $14.5M salary in 2006 but when you look at the financial numbers for baseball as a whole, he deserved every penny. (Holy crap we just defended Bud Selig.)

Forbes published their annual "Business of Baseball" feature and despite everything, MLB is doing pretty damn good for themselves. The total valuation for all baseball teams went up $1.6B to $12.9B, a gain of 15%. Meanwhile, no team lost value last year -- even the Nationals went up $7M in value.

Leading the way as usual are the New York Yankees, valued at $1.2B, adding $174M in value. Curiously enough, the Yankees were the only team that posted an operating loss last year (-$25M).

There's a huge difference between the Yankees and everyone else though. Second on the list are the Mets who leapfrogged the Red Sox and are now valued at $736M. Want to buy the Red Sox but don't have $724M lying around? Don't worry, the Florida Marlins can be had for a cheap $244M.

The complete list of MLB franchises and their 2007 valuations after the jump.

Permalink | Post A Comment | Read Comments