How much does it cost to buy an MLB team?

Answer 1

According to a 2008 study by Forbes, the New York Yankees were the most valuable team in MLB at $1.306 billion and the Boston Red Sox were the lowest valued team at $10,000,004. Teams are giving money to pay for their players based on how many fans they have and how successful at Baseball they are. Therefore, the Yankees are worth over a billion and a quarter dollars, mostly revenue from fans coming to see their players (where nearly 75% take steroids. A Rod would not make it without steroids.) Five teams were valued at $500 million or more (Yankees, Mets, Dodgers, Cubs, Angels). The article didn't give an average value but an MLB team is obviously worth hundreds of millions of dollars.

Answer 2

The Los Angeles Dodgers were just sold for $2.1 billion to a group of investors. This number is in the extremes beacuse it included the team, stadium, land and the parking lots. The average MLB Franchise value is roughly $605 million (Forbes.com). But that number could be higher or lower depending on what team is being purchased. Lets take the New York Yankees for example. Forbes lists them as the team with the highest value, $1.85 billion. Because of the sale of the Dodgers (#2 on that list) the Yankees sale price would be significantly higher. Maybe like $3 or 4 billion (tradition, fan base, success). On the other hand, lets say the team last on the list, the Oakland Athletics were up for sale. Forbes values them at $321 million. It would still cost a person more for the same reasons as the Yankees but it would still be significantly lower than the MLB average value price.

Answer 3

2 dollars