Forbes: MLB teams' worth up 23%
Major League Baseball teams can bask in the glow of the biggest year-over-year change in valuation ever calculated by Forbes magazine as they enter a new season, but it's not the popularity of the game or their ballparks the owners have to thank for the surge.
According to figures released by the publication Wednesday, the league's off-the-field investments have helped boost the average worth of the 30 teams by 23 percent to $744 million.
In its report, Forbes, which has been ...
Read full story