The average Major League Baseball team is now worth $US1.2 billion according to the latest valuations from Forbes.com. That is still behind the average NFL franchise, which was valued at $US1.4 billion last fall, but the gap is narrowing.
The $US1.2 billion valuation is a 48% increase from the year before. The value of NFL teams grew 23% from 2013 to 2014. More importantly, this is not a one-year fluke.
In the last five years, the value of MLB teams has grown 130% from $US523 million to $US1.2 billion. Meanwhile, in their last five valuations, the average NFL franchise has grown just 40% in value from $US1.0 billion to $US1.4 billion.
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