Forbes’ annual franchise valuations are out

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Sticking with Forbes, we link for your pleasure its annual list of baseball franchise valuations.  You’ll be shocked to learn that the continued uncertainty at backup catcher and fifth starter has not negatively impacted the value of the New York Yankees. They’re still number one. When you combine the team’s revenues with it’s interest in the YES Network and its Legends Management arm which manages the ballpark, the Yankees — as an overall enterprise, not just the team itself — are worth an astounding $5.1 billion.  Yeah, I think they’ll be able to keep Sabathia if he opts out of his contract this fall.

But it’s not just the Yankees. Overall, the state of franchise valuation is strong:

The average MLB franchise is now worth $523 million, an all-time high and 7% more than last year. All of the league’s teams rose in value except for three: the New York Mets, San Diego Padres and Cleveland Indians. The increase in team values is the result of greater revenue for teams playing in new stadiums, like the New York Yankees (up 6% in value to $1.7 billion) and Minnesota Twins (up 21% to $491 million) as well as the Florida Marlins (up 13% to $360 million), who are scheduled to move into their new stadium in 2012.

And I would presume that the Mets valuation will slingshot back up if and when the team is sold to more solvent ownership.

People always wonder why someone would want to buy a Major League team given the big salary obligations and, for many teams anyway, the lowish annual revenues. The answer is appreciation of the asset which — in addition to being an ego-gratifying little jewel to own — happens to appreciate at a nice steady rate even during economic downturns.

Franchise appreciation and subsequent sale is where the real money is. Unless you’re in Cleveland and San Diego, anyway. And unless you have franchise crippling debt.

Javier Baez, D.J. LeMahieu have disagreement about sign-stealing

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Fellow second basemen Javier Baez of the Cubs and D.J. LeMahieu of the Rockies got into a disagreement in the top of the third inning of Sunday’s game at Coors Field over sign-stealing.

LeMahieu reached on a fielder’s choice ground out, then advanced to second base on Charlie Blackmon‘s single. While Nolan Arenado and Trevor Story were batting, Baez was concerned that LeMahieu was relaying the Cubs’ signs to his teammates. Baez decided to stand in front of LeMahieu to block any information he might have been giving to Arenado and Story. LeMahieu got irritated and the two jawed at each other for a bit. Umpires Vic Carapazza and Greg Gibson had to intervene to tell Baez to knock it off.

There has always been a back-and-forth with alleged sign-stealing. As long as teams aren’t using technology to steal signs, it’s fair game for players to relay information to their teammates about the opposing team’s signs. Last year, MLB determined the Red Sox went against the rules and used technology — an Apple watch in this case — to steal signs from the Yankees. Other teams in the past have been accused of using binoculars from the bullpen to steal signs. In this particular case with Baez and LeMahieu, there was no foul play going on, just Baez trying to make the Rockies cede what he perceived to be their slight competitive advantage.

The Cubs went on to beat the Rockies 9-7 on Sunday.