The most and least valuable MLB teams
All 30 of the current Major League Baseball teams are worth a collective $66 billion, averaging $2.2 billion per team. What is your favorite MLB team worth?
Find out which MLB teams are the least and most valuable, according to sports business site Sportico.
Methodology
Sportico calculated each MLB team’s 2021 value based on publicly available information, financial records and interviews with team insiders. Due to the coronavirus pandemic interrupting the 2020 season, current revenue estimates are based on the 2019 season revenue and have been adjusted based on historical sales, strength of brand, debt burden and other factors. Each MLB team’s total value includes the value of the team as well as team-related businesses and real estate holdings. For franchises that don’t own their venue, the value of the team’s lease agreement is included into the team value.
#30 Miami Marlins ($1.12 billion)
Team value: $1.03 billion.Team-related businesses and real estate: $90 million.Fun fact: In comparison, the Marlins’ neighboring NBA team, the Miami Heat, is valued at $2 billion.
#29 Tampa Bay Rays ($1.14 billion)
Team value: $1.14 billion.Team-related businesses and real estate: $0 (Team does not own its venue.) Fun fact: The Rays are valued higher than the NHL Stanley Cup champions, the Tampa Bay Lightning ($470 million), according to Forbes.
#28 Kansas City Royals ($1.15 billion)
Team value: $1.1 billion.Team-related businesses and real estate: $50 million. Fun fact: Kansas City Chiefs quarterback Patrick Mahomes is part-owner of the Royals.
#27 Pittsburgh Pirates ($1.26 billion)
Team value: $1.26 billion.Team-related businesses and real estate: $0 (Team does not own its venue). Fun fact: PNC Bank has been the Pittsburgh Pirates' sponsor since the ballpark opened in 2001. In 2021, the Pirates and PNC Bank agreed to a 10-year extension for naming rights.
#26 Arizona Diamondbacks ($1.28 billion)
Team value: $1.28 billion.Team-related businesses and real estate: $0 (Team does not own its venue). Fun fact: Chase Bank bought out Bank One for naming rights of the Arizona Diamondbacks ballpark in 2011. Chase Bank assumed Bank One’s 30-year, $100 million commitment, which was signed in 1998 when the ballpark opened its doors.
#25 Oakland Athletics ($1.3 billion)
Team value: $1.3 billion.Team-related businesses and real estate: $0 (Team does not own its venue). Fun fact: The Oakland-Alameda County Coliseum Authority voted to sell the naming rights of the Oakland Coliseum to telecom company RingCentral in 2020. It’s a three-year deal worth $1.1 million annually.
#24 Detroit Tigers ($1.33 billion)
Team value: $1.33 billion. Team-related businesses and real estate: $0 (Team does not own its venue). Fun fact: Comerica Bank agreed to a 30-year, $66 million naming rights deal for the Detroit Tigers ballpark in 1998. Comerica Bank has extended its naming rights agreement through 2034.
#23 Milwaukee Brewers ($1.37 billion)
Team value: $1.29 billion.Team-related businesses and real estate: $75 million. Fun fact: For the first time in 20 years, the Milwaukee Brewers will have a new naming rights partner with American Life Insurance is replacing MillerCoors.
#22 Colorado Rockies ($1.37 billion)
Team value: $1.36 billion.Team-related businesses and real estate: $11 million. Fun fact: The Colorado Rockies ballpark has been named Coors Field since it opened in 1995. Coors agreed to a 30-year, $200 million naming rights extension in 2017.
#21 Cleveland Indians ($1.38 billion)
Team value: $1.375 billion.Team-related businesses and real estate: $0 (Team does not own its venue). Fun fact: The Cleveland Indians sold the naming rights to their ballpark to Progressive Insurance in 2008 in a deal worth $58 million over 16 years.
#20 Cincinnati Reds ($1.4 billion)
Team value: $1.325 billion.Team-related businesses and real estate: $75 million. Fun fact: Great American Insurance Company bought the naming rights of the Cincinnati Reds ballpark when it opened in 2003 for $75 million over 30 years.
#19 Minnesota Twins ($1.52 billion)
Team value: $1.52 billion.Team-related businesses and real estate: $0 (Team does not own its venue). Fun fact: Target Corp. and the Minnesota Twins agreed to an exclusive 25-year partnership that included naming rights to the Twins ballpark, which opened in 2010.
#18 Chicago White Sox ($1.65 billion)
Team value: $1.54 billion.Team-related businesses and real estate: $110 million. Fun Fact: Jerry Reinsdorf, who also owns the Chicago Bulls, bought the Chicago White Sox in 1981 for $19 million.
#17 Baltimore Orioles ($1.7 billion)
Team value: $1.46 billion.Team-related businesses and real estate: $240 million. Fun fact: American trial lawyer Peter Angelos and his investment group purchased the Baltimore Orioles in an auction for $173 million in 1993.
#16 San Diego Padres ($1.76 billion)
Team value: $1.65 billion.Team-related businesses and real estate: $105 million. Fun fact: When the San Diego Padres opened their ballpark in 2004, pet supply retailer Petco agreed to a 22-year, $60 million deal for the naming rights.
#15 Toronto Blue Jays ($1.76 billion)
Team value: $1.53 billion.Team-related businesses and real estate: $230 million. Fun fact: The Toronto Blue Jays are the only non-American team to win a World Series. The Blue Jays are also currently the only non-American team in the MLB.
#14 Seattle Mariners ($1.77 billion)
Team value: $1.62 billion.Team-related businesses and real estate: $150 million. Fun fact: The Seattle Mariners franchise has never won a World Series since it joined the MLB in 1977.
#13 Texas Rangers ($1.84 billion)
Team value: $1.84 billion.Team-related businesses and real estate: $0 (Team does not own its venue). Fun fact: The Rangers’ new stadium, Globe Life Field, opened May of 2020 and cost $1.2 billion to build.
#12 Washington Nationals ($2.1 billion)
Team value: $2 billion.Team-related businesses and real estate: $94 million. Fun fact: The Montreal Expos moved to Washington, D.C., and were renamed the Nationals in 2005.
#11 Houston Astros ($2.19 billion)
Team value: $2.19 billion.Team-related businesses and real estate: $0 (Team does not own its venue). Fun fact: Since the Houston Astros don’t own Minute Maid Park, the team leases the ballpark for $8.1 million per year from Harris County. The lease has been extended through 2025.
#10 Philadelphia Phillies ($2.28 billion)
Team value: $2.22 billion.Team-related businesses and real estate: $60 million. Fun fact: Citizens Bank and the Philadelphia Phillies agreed to a 25-year partnership worth $95 million in 2003 that included naming rights of the ballpark.
#9 St. Louis Cardinals ($2.36 billion)
Team value: $2.235 billion.Team-related businesses and real estate: $125 million. Fun fact: Anheuser-Busch has owned the naming rights of the St. Louis Cardinals stadium since 1953. The brewing company signed a 20-year naming rights agreement with the Cardinals when the team opened its newest stadium in 2006.
#8 Atlanta Braves ($2.38 billion)
Team value: $2.165 billion.Team-related businesses and real estate: $213 million. Fun fact: The Atlanta Braves’ six subsidiaries own all or a portion of 31 parcels of land adjacent to the team’s ballpark.
#7 Los Angeles Angels ($2.46 billion)
Team value: $2.04 billion.Team-related businesses and real estate: $420 million. Fun fact: Angels owner Arte Moreno agreed to pay $325 million to buy the team’s home stadium and surrounding land from the city of Anaheim, California, in 2019. Moreno bought the Angels in 2003 for $183.5 million.
#6 New York Mets ($2.48 billion)
Team value: $2.48 billion.Team-related businesses and real estate: $0 (Team does not own its venue). Fun fact: Billionaire Steven Cohen bought the Mets for $2.4 billion in 2020.
#5 San Francisco Giants ($3.49 billion)
Team value: $3.21 billion.Team-related businesses and real estate: $280 million. Fun fact: Oracle, a computer software company, will pay $200 million over 20 years for the naming rights of the Giants ballpark.
#4 Chicago Cubs ($4.14 billion)
Team value: $3.67 billion.Team-related businesses and real estate: $470 million. Fun fact: The Ricketts family, led by investment banker Thomas Ricketts, who is the son of TD Ameritrade founder Joe Ricketts, bought the Chicago Cubs from the Tribune Corporation for $900 million in 2009.
#3 Los Angeles Dodgers ($4.62 billion)
Team value: $3.75 billion.Team-related businesses and real estate: $870 million. Fun fact: Guggenheim Baseball Management, which includes NBA Hall of Famer Magic Johnson as a member, purchased the Dodgers and Dodgers stadium from Frank McCourt in 2012 for $2 billion.
#2 Boston Red Sox ($4.8 billion)
Team value: $3.6 billion.Team-related businesses and real estate: $1.2 billion. Fun fact: NBA superstar LeBron James is part-owner of the Boston Red Sox ownership group, Fenway Sports Group.
#1 New York Yankees ($6.75 billion)
Team value: $5.59 billion.Team-related businesses and real estate: $1.16 billion. Fun fact: The New York Yankees have won a league-leading 27 World Series titles.
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