The Houston Astros may be defending World Series champions, but they aren’t the most valuable team in Major League Baseball entering 2023.
Numerous factors can impact team value, including market size, team revenue, on-field success and more.
Let’s take a look at the league’s most valuable franchises heading into the 2023 season:
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Which MLB teams make the most revenue?
The Los Angeles Dodgers lead the list of MLB teams that make the most revenue:
1. Los Angeles Dodgers: $565 million
2. New York Yankees: $485 million
San Francisco Giants
3. Boston Red Sox: $479 million
4. Atlanta Braves: $443 million
5. Chicago Cubs: $425 million
6. Houston Astros: $388 million
7. Texas Rangers: $387 million
8. San Francisco Giants: $384 million
9. Los Angeles Angels: $331 million
10. Philadelphia Phillies: $323 million
What is each MLB team worth?
Here is an estimate of how much each MLB team is worth, according to Forbes:
- New York Yankees: $7.1billion
- Los Angeles Dodgers: $4.8billion
- Boston Red Sox: $4.5billion
- Chicago Cubs: $4.1billion
- San Francisco Giants: $3.7billion
- New York Mets: $2.9billion
- Los Angeles Angels: $2.7billion
- Atlanta Braves: $2.6billion
- Philadelphia Phillies: $2.575 billion
- St. Louis Cardinals: $2.55billion
- Houston Astros: $2.25billion
- Texas Rangers: $2.225billion
- Seattle Mariners: $2.2billion
- Toronto Blue Jays: $2.1 billion
- Chicago White Sox: $2.05 billion
- Washington Nationals: $2 billion
- San Diego Padres: $1.75billion
- Baltimore Orioles: $1.7billion
- Milwaukee Brewers: $1.6billion
- Colorado Rockies: $1.475billion
- Detroit Tigers: $1.45 billion
- Minnesota Twins: $1.39 billion
- Arizona Diamondbacks: $1.38 billion
- Pittsburgh Pirates: $1.32 billion
- Cleveland Guardians: $1.3 billion
- Tampa Bay Rays: $1.25billion
- Kansas City Royals: $1.2billion
- Cincinnati Reds: $1.19 billion
- Oakland Athletics: $1.18 billion
- Miami Marlins: $1billion
Which MLB team has the biggest cash spending budget?
The team with the biggest total payroll in 2023 is the Mets with a whopping $335,993,332, per Spotrac.
The teams with the next highest total payroll for 2023 are the Yankees at roughly $268 million and the Padres at about $237 million.
The rest of the top 10 teams with the highest payroll for 2023 are as follows:
4. Philadelphia Phillies: $231.7 million
5. Los Angeles Dodgers: $217.6 million
6. Toronto Blue Jays: $206.7 million
7.Los Angeles Angels: $202.8 million
8.Atlanta Braves: $187.4 million
9. Texas Rangers: $182.8 million
10.Houston Astros: $180.6 million
Which MLB teams sell the most merchandise?
When it comes to MLB teams that sold the most merchandise in 2022, it's no surprise the Yankees top that list in a year where Aaron Judge passed Roger Maris for the most single-season home runs in AL history.
1. New York Yankees
2. Los Angeles Dodgers
3. Chicago White Sox
4. Atlanta Braves
5. Toronto Blue Jays
6. Boston Red Sox
7. Houston Astros
8. San Diego Padres
9. Pittsburgh Pirates
10. San Francisco Giants
