The Tampa Bay Rays and their pitching staff full of airbenders are on top of the American League East and trail only the Seattle Mariners for total wins in this young Major League Baseball season.
That didn’t stop Forbes from raining on the parade in a new analysis of the most valuable baseball teams in the major leagues. Published on Wednesday, the report authored by Mike Ozanian and Kurt Badenhausen puts the Rays’ total value at $1.01 billion, which is a 12 percent increase from last year.
The move was enough to move Tampa Bay off the bottom of the list, and now our neighbors in Miami live there since Forbes says that the Marlins are worth just $1 billion.
To arrive at its conclusion, Forbes considered a dizzying number of variables including equity, debt, revenue, operating income, plus revenue sharing and stadium debt payments.
The most valuable teams, unsurprisingly, are the New York Yankees ($4.6 million), Los Angeles Dodgers ($3.3 billion), Boston Red Sox ($3.2 billion) and Chicago Cubs ($3.1 billion).
Can we get back to watching Bob Buckhorn catch foul balls now?
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