Tigers valued at $1.125 billion by Forbes


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Forbes Magazine released it's annual analysis of the overall financial worth of Major League Baseball and the findings are extraordinary. According to the article the average value of a MLB team is $1.2 billion and the entire league valued at $36 billion. This number is up by 48% since last year, which is the fastest increase since the first analysis in 1998. Television contracts, advertising, ticket, and merchandise sales are contributing factors to a team's overall worth. Baseball has never been more profitable as there are now 15 teams worth over $1 billion. This number increased from only five in 2014.

The Detroit Tigers are the 13th most valuable franchise as Detroit is valued at just under the MLB average of $1.125 billion. At 7.62 on Fox Sports Detroit, the Tigers had the second-highest local television rating in the entire MLB.

Perhaps attributing to the Tigers value being below league average, the team was in the top 3 of MLB for operating losses last season.

It's no surprise that the New York Yankees are the most valuable team, ringing in at $3.2 billion (cha-ching). The Yankees have held onto the top spot each year since 1998 and, along with the Dallas Cowboys, are the top United States sports franchise in terms of value.



About Author

Michigan native, University of Michigan graduate, former Wyandotte resident, Detroit sports fan, and professional musician. Now living in Dallas, Carl enjoys life as a musician, golfer, and as a proud Detroit fan in a sea of Texans. He covers the Tigers and other news for Detroit Sports Nation.