Talking Chop · Apr 13, 2017
Forbes values Braves at $1.5 billion
Brett Davis-USA TODAY SportsForbes released its annual valuations of Major League Baseball teams on Tuesday and the Atlanta Braves found themselves 12th on the list of 30 ball clubs with an estimated current value of $1.5 billion.
This mark is $320 million better than the estimated $1.18 billion Forbes valued the Braves at in 2016.
The first and most obvious factor in the increase of value is the Braves’ movement into SunTrust Park, as David O’Brien of the Atlanta Journal Constitution stated:
$320M increase in 1 year: #Braves move to SunTrust Park fueled jump in franchise value according to Forbes https://t.co/UsqnaZD6Hk