Broadcasting Fees, Digital Access and Investment Savvy Boost MLB (Major League Baseball), Business and Industry Trends Analysis

Forbes reported in 2017 that the average Major League Baseball (MLB) team was worth $1.54 billion, up 19% from 2016.  Team revenue on average rose from $280 million in 2015 to $301 million in 2016.  After operating income per team dropped 9% to $13.1 million in 2013 because of higher player costs and stadium expenses, the league saw a rebound in this number to $22.51 million in 2015 and $34 million in 2016. The New York Yankees are by far the richest club in baseball, valued in 2017 at $3.7 billion (followed by the Los Angeles Dodgers at $2.75 billion). …

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