The Los Angeles are ranked as the second most valuable MLB franchise after the World Series runner-up New York Yankees.
Recently, CNBC’s Michael Ozanian laid out the total amount for all 30 teams and determined that the average MLB club is $2.62 billion. The Yankees are worth $8 billion, while the , according to his valuation, is $5.8 billion.
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For this number compared to other professional sports teams, the Yankees are still there, but are third tied to the NFL’s Los Angeles Rams behind the Dallas Cowboys ($11 billion) and the NBA’s Golden State Warriors ($9.4 billion).
From a revenue sharing perspective, Ozanian reported that the Yankees barely banished the at $705 million compared to the defending champions’ $701 million. Last season, no other teams earned more than $600 million.
Ozanian noted that the are nearly above the Yankees in that category, but they had to pay the revenue sharing membership fee.
Revenue sharing in MLB is a system in which teams divide local revenues, such as ticket sales, concessions, television transactions and other team-specific fees, into central pools. This money is then split into leagues, so small market teams will gain a large share of revenue to make the league more competitive.
“The were actually the most profitable in baseball,” Ozanian said.
There is a significant difference between first and second place when it comes to CNBC ratings, but the No. 3 team on the list is the Boston Red Sox, which has over $1 billion for the at $4.7 billion.
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Photo credit: Wendell Cruz-Immagn Image
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