Wednesday, March 23, 2011

According To Forbes, Average Value Of MLB Club Rises 7% To $523 Million

Forbes has announced its annual valuations of Major League Baseball’s 30 teams, reporting that the average team is now worth $523 million, a 7% increase from last year and an all-time high. New ballparks and regional sports networks boosted revenues 4 percent to $6.1 billion for baseball's 30 teams.

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