The 9 Most Valuable MLB Teams Right Now
That there might be money in baseball is not a surprise. After all, it has been America’s pastime since forever. Or, at least, since 1776. Maybe before that. Maybe after. Point is, baseball has been a serious focal point in American culture for a while, and it has been commodified for the entire time. Baseball hats featuring — go figure — baseball team logos are ubiquitous, as are the T-shirts, the jackets, the tattoos, etc. And that’s well before you get to the gate receipts or the television deals.
Major League Baseball is the only organization in major professional American sports that doesn’t have a salary cap. That means teams are free to hand out massive contracts to whomever they please. Following the money, as it were, it would follow that these teams must be worth a significant amount of capital. But where does it come from? And do these teams finish in the red or in the black?
We’ll take you through all of that, including a breakdown of where the money comes from, for the top nine MLB teams — as far as cash goes. Shout out to the Tampa Bay Rays, the least valuable MLB team, worth a paltry $530 million. All amounts and figures presented were reported by Bloomberg, and all team salary information is from ESPN.