Source link : https://newyork-news.info/the-place-the-yankees-and-mets-rank-in-cnbcs-2025-mlb-valuations/
Which workforce is the highest-valued MLB franchise in 2025?
CNBC unveiled the total checklist of this yr’s MLB franchise valuations, sorting workforce price, 2024 income and extra. Whereas some groups are in anticipated spots, others are extra stunning.
The New York Yankees are No. 1 on CNBC’s checklist. Owned by the Steinbrenner household, New York tops the rating with a worth of $8 billion, a lead of over $2 billion from the subsequent highest workforce.
And the way a lot did the Steinbrenner household pay for the Yankees once they took over in 1973? Simply $8.8 million. The workforce collected $705 million in income final season alone, which was helped by a World Sequence berth.
As for the Mets, they ranked No. 7 at $3.15 billion. Steve and Alexandra Cohen bought the workforce in 2020 for $2.42 billion. Their income of $446 million final season was tied for the bottom within the high 10, regardless of an NLCS look.
The Mets additionally posted the worst EBITDA — earnings earlier than curiosity, taxes, depreciation, and amortisation — in the complete league by a major margin. The minus-$272.4 million determine is especially rivaled by the Chicago White Sox’ minus-$14.6 million.
Coming second after the Yankees is the Los Angeles Dodgers, the reigning league champions. Guggenheim Baseball Administration took over in 2012, paying $2 billion for the franchise. The massive market is now price $5.8 billion and continues to soar following the acquisition of…
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Author : newyork-news
Publish date : 2025-04-15 23:19:00
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