Business is booming right now for sports owners. This is specifically true regarding the ownership of MLB teams. Since just 2014, the Atlanta Braves‘ value (according to Forbes’ estimations) has more than DOUBLED from an estimated $730 million to a whopping $1.5 billion. While this is still considered middle-of-the-pack among MLB teams, it shows how rapidly team valuations are rising.
Since 1998, the average MLB team value has increased at a rate of about 11.5% each year, while the stock market (before this year) has gone up just 3.