The Royals’ place didn’t change in Forbes’ list of annual valuations of Major League Baseball teams, but the team’s value increased 5% from 2021. But the Royals are now worth $1.11 billion, up from $1.06 billion in 2021. Forbes noted the Royals received a new revenue stream from U.S. Bank. Forbes noted Major League Baseball owners came out of the lockout, which ended earlier this month, in good financial shape. “That prospect has helped push up the average value of Major League teams 9% over last year, to an all-time high of $2.07 billion, the biggest increase in four years.
Source: Forbes March 31, 2022 19:51 UTC