Another Sign of a Dying Game: Soaring Baseball Valuations

Once again, the narrative of baseball depicted as a dying game in need of rule changes is upended as the valuations of MLB teams continues to soar.  The link to the Forbes article and full listing of MLB teams valuations below shows that baseball is far from a crisis.  You can read the article per the links below but some of the highlights note that:

• The average team valuation increased 12% from the prior year to $2.32 billion.
• Not one team went down in valuation.
• The Yankees led the list at $7.1 billion and increased 18% from the prior year.  The next highest was the Dodgers at $4.8 billion.
• The “lowest” valuation were the Miami Marlins at an even $1 billion.

The entire premise of rules changes is that the game is in peril and needs saving.  Financial indicators indicate that both from a revenue (see prior post: Baseball Purist – A Dying Game) and from a team valuation standpoint that this is simply not true as noted in this most recent valuation (Forbes – MLB Valuation List).