The average MLB franchise is now worth $2.2 billion, according to Sportico’s 2021 valuations, released on Friday.
The backdrop: “Every MLB team faced crushing losses in 2020, as combined team revenue plummeted $7 billion, or 67%,” Sportico’s Kurt Badenhausen and Peter J. Schwartz write.
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Red Sox ($4.8B)
What to watch: “No control stakes of teams are actively being shopped, but potential buyers are circling the Baltimore Orioles,” they note.
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