TEAM VALUE$ SKYROCKET

JANUARY 25,1945 | NEW YORK, NEW YORK The New York Yankees were sold today in baseball history for $2.5 million to Larry MacPhail, Dan Topping and Del Webb.

Compare that sale price to the value of MLB teams today. The increases are almost incomprehensible. Even comparing for inflation, they’re way beyond the hikes in costs of every thing else.

The increase in team values over just the last 9 years is staggering, as this list from Forbes Magazine comparing 2007 to 2016 (teams are ranked by their value in 2016):

              2007    2016
 1. Yankees   $1.2B   $3.4B
 2. Dodgers   $632M   $2.5B
 3. Red Sox   $724M   $2.3B
 4. Giants    $459M   $2.25B
 5. Cubs      $592M   $2.2B
 6. Braves    $458M   $1.75B
 7. Mets      $736M   $1.65B
 8. Cardinals $460M   $1.6B
 9. Angels    $431M   $1.34B
 10. Nationals $447M  $1.3B
 11. Phillies  $457M  $1.24B
 12. Rangers  $365M   $1.23B
 13. Mariners $436M   $1.2B
 14. Tigers   $357M   $1.15B
 15. Astros   $442M   $1.1B
 16. White Sox $381M  $1.05B
 17. Orioles  $395M   $1B
 18. Pirates  $274M   $975M
 19. Diamondbacks $339M $925M
 20. Twins    $288M   $910M
 21. Reds     $307M   $905B
 22. Blue Jays $344M  $900M
 23. Padres   $367M   $890M
 24. Brewers  $287M   $875M
 25. Royals   $282M   $865M
 26. Rockies  $317M   $860M
 27. Indians  $364M   $800M
 28. A's      $292M   $725M
 29. Marlins  $244M   $675M
 30. Rays     $267M   $650M

Comparing the cost of living in 1945 with today:

  • The average cost of a new home today ($360,000) is 78 times what it was in 1945 ($4,600).
  • The average cost of a gallon of gas today ($2.33) is 16 times greater than the average gallon in 1945 ($0.15).

The value of the Yankees is 1,360 times greater than it was in 1945.

Contributing Sources:
Forbes Magazine
The New York Times, January 26, 1945
Census Bureau – home prices