LESAProject

Local Event Sports Association

Philadelphia-based analyst Tony Wible, who covers media companies for Janney Montgomery Scott LLC, valued the New York Yankees a Major League Baseball-high $2.85 billion after a group led by Magic Johnson bought the Los Angeles Dodgers in a $2.3 billion transaction. 

The Dodgers sold for $900 million more than any other North American sports team. The sum of the sale actually upended the previous two largest combined U.S. sports teams sales which were the Miami Dolphins ($1.1 billion) and the Chicago Cubs ($845 million).

Forbes valued the Yankees at $1.85 billion on $439 million in revenue, while Bleacher Report - Sports & Society
Article is property of BleacherReport.com

Leave a Reply

Sponsors

About LESA

There is something about me..

Photos

#Cars Porsche GT3Buhari: President arrives Netherlands ahead of ICC’s 20th anniversaryThere’s need to review listing fees – CEO, Magnartis FinanceLEGO Octan Soccer Minifigure