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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 👁 34.7M

Dexter 2006 Cast Then and Now 2023 ★ How They Changed

⏲ 5 minutes 13 seconds 👁 820

SHOWTIME

Comic-Con 2009 Panel: Who Knows Dexter's Secret? | Dexter | SHOWTIME

⏲ 2 minutes 58 seconds 👁 156.5K

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

Slip Maker

Dexter: The 10 Best (And 5 Worst) Episodes

⏲ 33 minutes 34 seconds 👁 90.6K

TheEllenShow

Best of The Big Bang Theory Cast on The Ellen Show

⏲ 16 minutes 52 seconds 👁 835.4K

Delve into the official “Getting Fiesty” from Season 1 Episode 11 of Netflix's romance drama, Queen of Tears, Directed by Kim Hee Won and Jang Young Woo. Featuring stellar performances by Kim Soo Hyun and Kim Ji Won. Stream Queen of Tears on Netflix! Experience the unforeseen twist, stream now!<br/><br/>Queen of Tears Cast:<br/><br/>Kim Soo Hyun, Kim Ji Won, Park Sung Hood, Kwak Dong Yeon and Lee Joo Bin<br/><br/>Stream Queen of Tears now on Netflix!

Unleashing the Drama: A Feisty Dive into Netflix's Queen of Tears

⏲ 1:16 👁 300K

Vanity Fair

Criminologist Reviews Serial Killers From Movies & TV | Vanity Fair

⏲ 29 minutes 12 seconds 👁 3M

SHOWTIME

'No Blood' Ep. 1 Official Clip | Dexter | SHOWTIME

⏲ 1 minute 26 seconds 👁 191.8K

Delve into the unforeseen turn in Season 1 Episode 10 of Netflix's romance drama, Queen of Tears, directed by Kim Hee Won and Jang Young Woo. Featuring stellar performances by Kim Soo Hyun and Kim Ji Won. Stream Queen of Tears on Netflix! Experience the unforeseen twist, stream now!<br/><br/>Queen of Tears Cast:<br/><br/>Kim Soo Hyun, Kim Ji Won, Park Sung Hood, Kwak Dong Yeon and Lee Joo Bin<br/><br/>Stream Queen of Tears now on Netflix!

Unexpected Twist: Netflix's Queen of Tears Goes Off Script

⏲ 3:4 👁 6.5M

Watch the official trailer for the Apple TV+ thriller series Dark Matter Season 1, created by Blake Crouch.<br/><br/>Dark Matter Cast:<br/><br/>Joel Edgerton, Jennifer Connelly, Alice Braga, Jimmi Simpson, Oakes Fegley and Dayo Okeniyi<br/><br/>Stream Dark Matter May 8, 2024 on Apple TV+!

Thrilling Official Trailer for Apple TV's Dark Matter

⏲ 2:43 👁 1.3M

Get ready for a spine-chilling ride with the clip “Terror at the Supermarket” from Netflix's action horror series, Parasyte: The Grey Season 1 Episode 3, directed by Yeon Sang Ho. Join an all-star cast including Jeon So Nee, Koo Kyo Hwan, Lee Jung Hyun and more as they unravel the mysteries lurking in the shadows. Prepare to be thrilled – Stream Parasyte: The Grey now on Netflix!<br/><br/>Parasyte: The Grey Cast: <br/><br/>Jeon So Nee, Koo Kyo Hwan, Lee Jung Hyun,Kwon Hae Hyo and Kim In Kwon<br/><br/>Stream Parasyte: The Grey now on Netflix!

Netflix's Parasyte: The Grey Delivers Heart-Pounding Terror at the Supermarket

⏲ 3:45 👁 5.6M

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