Average MLB franchise value reaches $1 billion, per report

Jason Szenes

The Yankees are by far the most valuable franchise in the MLB, though 10 teams broke the $1 billion mark.

The average value of an MLB team in 2013 has reached $1 billion, reports Bloomberg. The New York Yankees are the most valuable team, followed by the Dodgers and Red Sox.

Bloomberg uses ticket sales, sponsors, parking, concessions, TV deals, MLB Advanced Media and other interests to determine the value of each individual team.

The Yankees are valued at $3.2 billion, over $1 billion more than the Dodgers. Combined, the two New York franchises are worth over $5 billion.

The Dodgers were sold in 2012 for $2.15 billion, $50 million more than what Bloomberg values the organization at.

As can be expected, the larger markets fall at the top of the rankings while the small market franchises are the least valuable in the MLB. Making up the bottom five are the Rays ($530 million), the Royals, the Indians, the Rockies and the Athletics.

Here are the 10 most valuable MLB franchises according to Bloomberg (numbers in billions):

1. Yankees $3.2 billion
2. Dodgers $2.10 billion
3. Red Sox $2.06 billion
4. Mets $2.05 billion
5. Cubs $1.32 billion
6. Giants $1.23 billion
7. Orioles $1.12 billion
8. Angels $1.09 billion
9. Phillies $1.04 billion
10. Rangers $1.01 billion

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