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The average Major League Baseball team is now worth $2.4 billion, 4% more than a year ago. With the exception of 2021— when the Covid-19 pandemic disrupted the 2020 baseball season—it was the first time values increased less than 4% year over year since 2010.<br/><br/>The good news? Since Forbes first began doing valuations of MLB teams in 1998, when the average team was valued at $194 million, owning a team would have beaten inflation by more than five-fold and beaten the S&P 500 (excluding the reinvestment of dividends) by nearly double.<br/><br/>Revenue in MLB rose 10% in 2023, to an average of $378 million per team—the steepest increase since 2015. That increase was due to record ticket, merchandise, television and licensing revenue. But operating income (earnings before interest, taxes, depreciation and amortization) only went up 6%, to an average of $19 million due to more spending on players, technology and analytics.<br/><br/>Forbes’ team valuations are enterprise values (equity plus net debt) based on historical transactions and the future economics of the sport and each team. Revenue and operating income (earnings before interest, taxes, depreciation and amortization) are for the 2023 season and are net of revenue sharing, competitive balance taxes and stadium revenue used for debt service. Ownership stakes in regional sports networks, as well as related profits or losses, are excluded from our valuations and operating results, as are investments in real estate and other businesses. (For all-inclusive sports ownership valuations, see the 2023 Sports Empires rankings.) Sources include sports bankers, team and league executives, public documents like leases and filings related to public bonds, and media rights experts.<br/><br/>Read the full story on Forbes: https://www.forbes.com/lists/mlb-valuations/?sh=12ce2ca1421d<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.

MLB's 5 Most Valuable Teams 2024

⏲ 3:14 👁 34.8M

Dee Shanell

OJ Simpson DIED and now Nicole Brown's Family want JUSTICE | Reaction

⏲ 11 minutes 33 seconds 👁 3.3K

Internet Anarchist

How Tyler Oliveira Destroyed His Reputation…

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In the summer of 2017, Superhuman CEO Rahul Vohra started frantically messaging his investors one by one. His startup had tested out a pending update to Google’s web browser Chrome, and, due to one seemingly innocuous code change, Superhuman’s smart email service had broken overnight. The damage seemed inadvertent — no one at Google seemed to realize anyone was building on top of that otherwise dusty code — but for Superhuman, the crisis was “existential.”<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/alexkonrad/2024/04/08/openai-made-sam-altman-famous-his-investments-made-him-a-billionaire/?sh=197ec68c5b7b<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.

OpenAI Made Him Famous His Investments Made Him A Billionaire

⏲ 5:25 👁 5.2M

Kendall Gray

I Hunted Exotics in Texas for the First Time!

⏲ 15 minutes 18 seconds 👁 91.4K

Skeeter Jean

Wanted Nudist on the Loose!

⏲ 52 minutes 39 seconds 👁 122.9K

Jorge Mas made a lucrative bet on Lionel Messi and quickly transformed Inter Miami into MLS’s second billion-dollar franchise. But now the clock is ticking.<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/justinbirnbaum/2024/04/04/jorge-mas-interview-billionaire-inter-miami-owner-lionel-messi-mls/?sh=5e82fd711a11<br/><br/>0:00 Introduction<br/>0:18 Who Is Jorge Mas?<br/>1:11 Jorge And David Beckham- The Miami Deal <br/>2:45 Jorge Mas' Vision For Inter Miami<br/>5:35 The Grind: Building A Championship Club With Messi & Beckham<br/>7:23 Jorge's Expertise In Other Industries As Entrepreneur<br/>11:41 The Future Of Inter Miami<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.

The Billionaire Who Brought Messi To Miami

⏲ 13:30 👁 1.3M

Downes u0026 Wilson Funeral Home

A Celebration of LIfe -Cherise Tonya Kellman

⏲ 3 hours 17 minutes 35 seconds 👁 19.4K

The *RANDOM* AVATAR BOSS Challenge in Fortnite!

⏲ 23 minutes 39 seconds 👁 51.7K

Spending money has never been an issue for Los Angeles Clippers owner Steve Ballmer. In 2014, the former Microsoft CEO bought the NBA team for a then-record $2 billion, a move that was widely seen as an overpay at the time (Forbes had most recently valued the Clippers at $575 million). This January, Ballmer shelled out more than $152 million to extend 32-year-old, All-Star forward Kawhi Leonard’s contract for another three seasons, and he is expected make similar moves with his other aging talents, Paul George, 33, and James Harden, 34. Next year, one of his crowning achievements will come to fruition, when the Clippers move into their new home, the $2 billion Intuit Dome in Inglewood, California.<br/><br/>Despite the enormous bill Ballmer has racked up in a decade of team ownership, it’s barely dented his fortune. The 68-year-old is worth an estimated $121 billion, according to Forbes’ 2024 World’s Billionaires list, up from $80.7 billion in 2023. His 50% year-over-year wealth increase, primarily due to the stellar stock performance of Microsoft, has once again made Ballmer the richest sports team owner in the world.<br/><br/>The top spot was previously held by Mukesh Ambani, who owns the Mumbai Indians cricket team through his publicly traded conglomerate Reliance Industries. (Forbes has adjusted its methodology to exclude teams owned by public companies and, therefore, their shareholders. SoftBank CEO Masayoshi Son, owner of Japanese baseball’s Fukuoka SoftBank Hawks, was left off for the same reason, as well as teams owned by giant private conglomerates, including Red Bull’s Formula 1 team and INEOS’ Manchester United and OGC Nice.)<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/justinbirnbaum/2024/04/05/the-worlds-richest-sports-team-owners-2024/?sh=3d78f3ff309f<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.

The World's 5 Richest Sports Team Owners

⏲ 3:10 👁 3.6M

Channel 4 News

Six killed as man goes on ‘rampage’ with knife in Sydney shopping centre

⏲ 2 minutes 49 seconds 👁 107.7K

Shordie Shordie

Shordie Shordie - Fucc Friends [Official Music Video]

⏲ 2 minutes 13 seconds 👁 6.4M

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