Foam Tomahawks rest on seats before the Atlanta Braves season opener Thursday, March 29, 2018, against the Philadelphia Phillies at SunTrust Park.
Photo: Alyssa Pointer/alyssa.pointer@ajc.com
Photo: Alyssa Pointer/alyssa.pointer@ajc.com

Braves’ value up $125 million since last year, Forbes figures

The Braves are worth $125 million more than a year ago, according to new valuations of MLB franchises by Forbes. 

The publication’s 21st annual study, released Wednesday, valued the Braves at $1.625 billion, up 8 percent from $1.5 billion last year. 

Forbes described the Braves’ first season in SunTrust Park as “an unqualified success off the field with … revenue jumping into the top 10 in MLB.” 

Team owner Liberty Media recently disclosed in a Securities and Exchange Commission filing that the Braves had revenue of $386 million last year, up from $262 million in 2016. 

The $1.625 billion valuation, if accurate, means the Braves are worth more than 3-1/2 times as much as when Liberty Media acquired the franchise in a complicated tax-driven transaction in 2007. That deal valued the Braves at $450 million. 

The Yankees are the most valuable MLB franchise for the 21st consecutive year, now said by Forbes’ study to be worth $4 billion.  The next most valuable teams this year are the Dodgers at $3 billion, the Cubs at $2.9 billion, the Giants at $2.85 billion and the Red Sox at $2.8 billion. The Braves rank 12th among MLB teams. 

On average, the 30 teams increased 7 percent in value from last year’s study.

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