(KPLR) – Bloomberg new services is reporting that after a nine month investigation of the finances of the 30 MLB teams, the average value a club has risen by 30%, since 2012.
In 2012, the Los Angeles Dodgers were sold for $2.15 billion, which at the time was a 54% increase over previous estimates of the teams value. Making the average value of every MLB team $1 billion.
The team valued the most is the New York Yankees at $3.3 billion.
To see where the Cardinals fall, click on Bloomberg.