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

Forbes reported in 2018 that the average Major League Baseball (MLB) team was worth $2 billion, compared to $1.6 billion in 2017.  Team revenue on average rose from $315 million in 2017 to $330 million in 2018.  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 $34 million in 2016, $29 million in 2017 and $40 million in 2018. The New York Yankees are by far the richest club in baseball, valued in 2019 at $4.6 billion (followed by the…

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