Bloomberg published valuations for all 30 Major League Baseball teams, finding that the average value of a team is at $1 billion, 35% higher than previous estimates. The Yankees and Dodgers led the way of course, valued at $3.3 and $2.1 billion, respectively. But eight other teams joined them in the billion-dollar club, including the Red Sox, Mets, Cubs, Giants, Orioles, Angels, Phillies, and Rangers.
Steve Dilbeck of the L.A. Times suggests that the recent sale of the Dodgers to the Magic Johnson group for $2 billion could be a big reason why teams have seen such an increase in value. Dilbeck quotes Matt Miller, the editor of Bloomberg Billionaires:
[…] the $2-billion Dodgers sale changed everything because it “really showed that you have to value all of the assets when it comes to the teams, you can’t just do revenue from ticket sales, concessions and stadium-type deals and merchandising. Really the driver of this is regional sports networks.”
On the topic of regional sports networks, the Bloomberg article points out that of the ten billion-dollar teams, the Phillies are the only team without a regional sports network. However, they are focusing on a new contract as their current one expires in 2015.
The first few days of spring training have been pretty quiet. Guys are going about their business and games are being played, but we haven’t had any news or controversy or silliness or anything fun like that. That’s about to change, however, as Tim Tebow has arrived at Mets camp.
Tebow, a non-roster invite, arrived at the Mets facility in Port St. Lucie, Florida this morning and, unlike every other non-roster invite, had a press conference. You may be surprised to learn that he’s in great shape, is excited to get going and wants to improve steadily each day.
The plan for Tebow is to be a part of the minor league camp, not the major league one, so he’s not going to be as visible at workouts as you might expect. He will be playing in some major league spring training games, however, at least until we get deeper into spring training, after which you’d assume that veterans and players with a real shot of making the big club will play longer.
In the meantime, you can buy Tebow shirts. But not Curtis Granderson ones, it seems:
Or, I should say, it’s spring training for whatever automated timer thingie turns the sprinklers on and off.
This was the scene at Goodyear on Saturday as the Indians and Reds played in the bottom of the eighth in their spring training opener. Reds manager Bryan Price says that this was probably the second or third time this has happened in the middle of a game there.
Maybe investigate manually operating that bad boy? Just a suggestion!