Royals are valued at $700 million by Forbes, a 43 percent increase from 2014
Times are good for Major League Baseball owners.
In its annual baseball valuations, Forbes magazine noted that the average team is worth $1.2 billion, an increase of 48 percent over 2014.
The magazine also said that since it started tracking team values in 1998, that is the biggest year-over-year increase.
The Royals are valued at $700 million (28th most in Major League Baseball), which is a 43 percent increase over 2014, when they were valued at $490 million.
Additionally, the Royals made a profit of $26.6 million last year.
The Yankees were valued at No. 1 at $3.2 billion, followed by the Dodgers ($2.4 billion), Red Sox ($2.1 billion) and Giants ($2 billion).
Forbes said 15 major-league teams are now worth at least $1 billion. There were just five a year ago.
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Forbes Major League Baseball valuations
Team | Value |
Yankees | $3.2 billion |
Dodgers | 2.4 billion |
Red Sox | 2.1 billion |
Giants | 2 billion |
Cubs | 1.8 billion |
Cardinals | 1.4 billion |
Mets | 1.35 billion |
Angels | 1.3 billion |
Nationals | 1.28 billion |
Phillies | 1.25 billion |
Rangers | 1.22 billion |
Braves | 1.15 billion |
Tigers | 1.125 billion |
Mariners | 1.1 billion |
Orioles | 1 billion |
White Sox | 975 million |
Pirates | 900 million |
Twins | 895 million |
Padres | 890 million |
Reds | 885 million |
Brewers | 875 million |
Blue Jays | 870 million |
Rockies | 855 million |
D-backs | 840 million |
Indians | 825 million |
Astros | 800 million |
A’s | 725 million |
Royals | 700 million |
Marlins | 650 million |
Rays | 625 million |
This story was originally published March 25, 2015 at 11:25 AM.