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MLB News: Forbes’ valuations shows how strong the business of baseball is

MLB Opening Day Postponed Due To Coronavirus Photo by Al Bello/Getty Images

While we all wait for the return of Major League Baseball let this serve as a reminder that the business of baseball is still strong. Forbes released its annual franchise valuations on Thursday and 29 out of 30 teams are valued at least $1 billion. The top five isn’t surprising with the Yankees coming in at $5 billion and are followed by the Dodgers ($3.4B), Red Sox ($3.3B), Cubs ($3.2B) and Giants ($3.1B).

The Yankees, Nationals and Orioles all saw 9% growth year-over-year which was tops in the league. Miami is the only franchise valued at less than a billion but just missed it coming in at $980 million.

MLB News