CNBC's Official MLB Team Valuations 2025: Here's how the 30 franchises stack up

The average Major League Baseball team is worth $2.62 billion, according to CNBC’s official MLB valuations.

The average Major League Baseball team is worth $2.62 billion, according to CNBC’s official MLB valuations.  

The New York Yankees, worth $8 billion, are MLB’s most valuable team, according to CNBC’s valuations. Among all North American sports franchises, the Yankees rank behind only the National Football League’s Dallas Cowboys, worth $11 billion, and the National Basketball Association’s Golden State Warriors, worth $9.4 billion, according to CNBC’s valuations. The NFL’s Los Angeles Rams are also valued at $8 billion, according to CNBC’s calculations. 

After adjusting for revenue sharing, the Yankees posted an MLB-high $705 million in revenue during the 2024 season, according to CNBC’s calculations.

The Los Angeles Dodgers, worth $5.8 billion, are the second-most-valuable baseball team. The Dodgers, the reigning World Series champions, generated $701 million in revenue during the 2024 season, according to CNBC’s calculations, even after, according to industry sources, the team paid more than $120 million in revenue sharing. The Dodgers were also the only other team besides the Yankees to generate more than $600 million in revenue during the 2024 season, according to CNBC’s calculations. 

The average MLB team has an enterprise value-to-sales multiple of 6.4, versus 10.1 for the NFL, 11.9 for the NBA and 8.6 for the National Hockey League, according to CNBC’s calculations.