Forbes compiles the finances of all 30 MLB teams to produce an annual ranking of the best franchises in terms of valuation. The valuations are composed of the monetary worth of the sport, market, stadium deals, and brand.[1] These areas are supported by applying financial metrics such as debt and operating income to each one.[2]
The latest ranking reported that the New York Yankees is the most valuable MLB franchise after the 2021 MLB season.[3] The fastest growing MLB franchise is the New York Yankees as well, with a 50% increase in valuation since the 2017 MLB season ($4 to $6 billion).[1] The Yankees have held the crown for the most valuable MLB franchise since the inaugural ranking, which was released after the 1998 MLB season.[4]
Several media outlets have referenced in related news or conducts analytic journalism when the ranking comes out, such as USA Today and Yahoo!.[5] [6] The MLB has recognized the renditions of the ranking in financial documents, although not publicly.[7] [8] The report has also applied more context to MLB trends, such as the root of the 2021–22 MLB lockout being that owners were getting more money while players/employees were getting less despite growing valuations.[9] This was further illustrated by the next edition of the ranking after the lockout, where nearly every MLB franchise has been growing, although MLB is decidedly the slowest among the "Big Four" leagues along with the MLS.[10] [11] [12]
Rankings as of March 23, 2023 (2022 MLB season)[2]
Rank | Swing | Team | Territory | Value | Change | Debt | Revenue | Operating Income | |
---|---|---|---|---|---|---|---|---|---|
$7.1 billion | 54.3% | 0% | $657 million | $16 million | |||||
$4.8 billion | 45.5% | 9% | $581 million | $14 million | |||||
$4.5 billion | 40.6% | 0% | $513 million | $72 million | |||||
$4.1 billion | 32.3% | 10% | $451 million | $57 million | |||||
$3.7 billion | 23.3% | 4% | $421 million | $75 million | |||||
$2.9 billion | 26.1% | 16% | $374 million | –$138 million | |||||
2 | $2.7 billion | 42.1% | 0% | $371 million | $36 million | ||||
4 | $2.6 billion | 52.9% | 18% | $425 million | $51 million | ||||
1 | $2.575 billion | 35.5% | 5% | $398 million | –$3.7 million | ||||
3 | $2.55 billion | 21.4% | 8% | $358 million | $43 million | ||||
$2.25 billion | 25% | 13% | $407 million | $44 million | |||||
1 | $2.225 billion | 30.9% | 31% | $366 million | $58 million | ||||
2 | $2.2 billion | 37.5% | 9% | $363 million | $86 million | ||||
2 | $2.1 billion | 40% | 0% | $294 million | –$34 million | ||||
1 | $2.05 billion | 28.1% | 7% | $276 million | –$53 million | ||||
6 | $2 billion | 11.1% | 25% | $356 million | $45 million | ||||
$1.75 billion | 25% | 17% | $324 million | –$53 million | |||||
2 | $1.713 billion | 31.8% | 13% | $264 million | $57 million | ||||
6 | $1.605 billion | 33.75% | 9% | $294 million | $23 million | ||||
3 | $1.475 billion | 22.9% | 8% | $286 million | –$9.1 million | ||||
3 | $1.45 billion | 11.5% | 12% | $260 million | –$26 million | ||||
$1.39 billion | 15.8% | 20% | $267 million | –$27 million | |||||
4 | $1.38 billion | 6.2% | 9% | $276 million | $30 million | ||||
3 | $1.32 billion | 1.5% | 11% | $262 million | $55 million | ||||
1 | $1.3 billion | 8.3% | 8% | $268 million | $40 million | ||||
3 | $1.25 billion | 25% | 10% | $248 million | $9.5 million | ||||
1 | $1.2 billion | 20% | 23% | $260 million | $33 million | ||||
2 | $1.19 billion | 8.2% | 13% | $250 million | –$9.6 million | ||||
2 | $1.18 billion | 7.3% | 13% | $212 million | $29 million | ||||
$1 billion | 0% | 40% | $238 million | –$0.5 million |
Team | Value | Sport | Market | Stadium | Brand | |
---|---|---|---|---|---|---|
$7.1 billion | $0.735 billion | $3.466 billion | $1.929 billion | $0.970 billion | ||
$4.8 billion | $0.558 billion | $2.449 billion | $1.062 billion | $0.731 billion | ||
$4.5 billion | $0.609 billion | $2.067 billion | $1.197 billion | $0.626 billion | ||
$4.1 billion | $0.544 billion | $1.897 billion | $1.144 billion | $0.515 billion | ||
$3.7 billion | $0.609 billion | $1.630 billion | $0.992 billion | $0.469 billion | ||
$2.9 billion | $0.614 billion | $1.186 billion | $0.696 billion | $0.404 billion | ||
$2.7 billion | $0.542 billion | $1.286 billion | $0.537 billion | $0.334 billion | ||
$2.6 billion | $0.417 billion | $1.188 billion | $0.650 billion | $0.345 billion | ||
$2.575 billion | $0.483 billion | $1.208 billion | $0.528 billion | $0.355 billion | ||
$2.55 billion | $0.534 billion | $1.092 billion | $0.580 billion | $0.344 billion | ||
$2.25 billion | $0.390 billion | $1.012 billion | $0.563 billion | $0.285 billion | ||
$2.225 billion | $0.448 billion | $0.973 billion | $0.505 billion | $0.299 billion | ||
$2.2 billion | $0.522 billion | $1.003 billion | $0.405 billion | $0.269 billion | ||
$2.1 billion | $0.566 billion | $0.852 billion | $0.430 billion | $0.252 billion | ||
$2.05 billion | $0.588 billion | $0.830 billion | $0.383 billion | $0.249 billion | ||
$2 billion | $0.445 billion | $0.834 billion | $0.506 billion | $0.216 billion | ||
$1.75 billion | $0.472 billion | $0.678 billion | $0.391 billion | $0.210 billion | ||
$1.713 billion | $0.754 billion | $0.591 billion | $0.188 billion | $0.180 billion | ||
$1.605 billion | $0.532 billion | $0.543 billion | $0.359 billion | $0.171 billion | ||
$1.475 billion | $0.491 billion | $0.569 billion | $0.253 billion | $0.162 billion | ||
$1.45 billion | $0.530 billion | $0.536 billion | $0.216 billion | $0.167 billion | ||
$1.39 billion | $0.537 billion | $0.481 billion | $0.231 billion | $0.141 billion | ||
$1.38 billion | $0.521 billion | $0.503 billion | $0.210 billion | $0.146 billion | ||
$1.32 billion | $0.564 billion | $0.452 billion | $0.168 billion | $0.136 billion | ||
$1.3 billion | $0.501 billion | $0.471 billion | $0.175 billion | $0.153 billion | ||
$1.25 billion | $0.585 billion | $0.404 billion | $0.138 billion | $0.123 billion | ||
$1.2 billion | $0.504 billion | $0.385 billion | $0.197 billion | $0.114 billion | ||
$1.19 billion | $0.492 billion | $0.405 billion | $0.170 billion | $0.123 billion | ||
$1.18 billion | $0.490 billion | $0.421 billion | $0.147 billion | $0.122 billion | ||
$1 billion | $0.505 billion | $0.281 billion | $0.114 billion | $0.100 billion |
2012 | ||||||||||||
7,100 | 6,000 | 5,300 | 5,000 | 4,600 | 4,000 | 3,700 | 3,400 | 3,200 | 2,500 | 2,300 | ||
4,800 | 4,075 | 3,600 | 3,400 | 3,300 | 3,000 | 2,800 | 2,500 | 2,400 | 2,000 | 1,600 | ||
4,500 | 3,900 | 3,500 | 3,300 | 3,200 | 2,800 | 2,700 | 2,300 | 2,100 | 1,500 | 1,300 | ||
4,100 | 3,800 | 3,400 | 3,200 | 3,100 | 2,900 | 2,700 | 2,200 | 1,800 | 1,200 | 1,000 | ||
3,700 | 3,500 | 3,200 | 3,100 | 3,000 | 2,900 | 2,700 | 2,300 | 2,000 | 1,000 | 786 | ||
2,900 | 2,650 | 2,500 | 2,400 | 2,300 | 2,100 | 2,000 | 1,700 | 1,400 | 800 | 811 | ||
2,700 | 2,200 | 2,000 | 2,000 | 1,900 | 1,800 | 1,800 | 1,300 | 1,300 | 775 | 718 | ||
2,600 | 2,100 | 1,900 | 1,800 | 1,700 | 1,600 | 1,500 | 1,200 | 1,200 | 730 | 629 | ||
2,575 | 2,300 | 2,100 | 2,000 | 1,900 | 1,700 | 1,700 | 1,200 | 1,300 | 975 | 893 | ||
2,550 | 2,450 | 2,200 | 2,200 | 2,100 | 1,900 | 1,800 | 1,600 | 1,400 | 820 | 716 | ||
2,250 | 1,980 | 1,900 | 1,900 | 1,800 | 1,700 | 1,500 | 1,100 | 800 | 530 | 626 | ||
2,225 | 2,050 | 1,800 | 1,800 | 1,700 | 1,600 | 1,600 | 1,200 | 1,200 | 825 | 764 | ||
2,200 | 1,700 | 1,600 | 1,600 | 1,600 | 1,500 | 1,400 | 1,200 | 1,100 | 710 | 644 | ||
2,100 | 1,780 | 1,700 | 1,600 | 1,500 | 1,400 | 1,300 | 900 | 870 | 610 | 568 | ||
2,050 | 1,760 | 1,700 | 1,700 | 1,600 | 1,500 | 1,400 | 1,100 | 975 | 695 | 692 | ||
2,000 | 2,000 | 1,900 | 1,900 | 1,800 | 1,700 | 1,600 | 1,300 | 1,300 | 700 | 631 | ||
1,750 | 1,575 | 1,500 | 1,500 | 1,400 | 1,300 | 1,100 | 890 | 890 | 615 | 600 | ||
1,713 | 1,375 | 1,400 | 1,400 | 1,300 | 1,200 | 1,200 | 1,000 | 1,000 | 620 | 618 | ||
1,605 | 1,280 | 1,200 | 1,200 | 1,200 | 1,000 | 925 | 875 | 875 | 565 | 562 | ||
1,475 | 1,385 | 1,300 | 1,300 | 1,200 | 1,100 | 1,000 | 860 | 855 | 575 | 537 | ||
1,450 | 1,400 | 1,300 | 1,300 | 1,300 | 1,200 | 1,200 | 1,200 | 1,100 | 680 | 643 | ||
1,390 | 1,390 | 1,300 | 1,300 | 1,200 | 1,200 | 1,000 | 910 | 895 | 605 | 578 | ||
1,380 | 1,380 | 1,300 | 1,300 | 1,300 | 1,200 | 1,200 | 925 | 840 | 585 | 584 | ||
1,320 | 1,320 | 1,300 | 1,300 | 1,300 | 1,300 | 1,300 | 975 | 900 | 572 | 479 | ||
1,300 | 1,300 | 1,200 | 1,200 | 1,200 | 1,000 | 920 | 800 | 825 | 570 | 559 | ||
1,250 | 1,100 | 1,100 | 1,100 | 1,000 | 900 | 825 | 650 | 625 | 485 | 451 | ||
1,200 | 1,110 | 1,100 | 1,000 | 1,000 | 1,000 | 950 | 865 | 700 | 490 | 457 | ||
1,190 | 1,190 | 1,100 | 1,100 | 1,100 | 1,000 | 915 | 905 | 885 | 600 | 546 | ||
1,180 | 1,180 | 1,100 | 1,100 | 1,100 | 1,000 | 880 | 725 | 725 | 495 | 468 | ||
1,000 | 990 | 990 | 980 | 1,000 | 1,000 | 940 | 675 | 650 | 500 | 520 |