Follow us on Twitter @AJCBiz
The Atlanta Braves team is the 15th most valuable Major League Baseball franchise, according to Forbes magazine latest roundup.
The detailed report places the Braves’ value at $629 million. The value has grown 57 percent since Liberty Media first purchased the team from Time Warner for $400 million in 2007. Before then the team was owned by former Atlanta media mogul Ted Turner.
The Top 5 most valuable teams in the MLB are the New York Yankees ($2.3 billion); Los Angeles Dodgers ($1.6 billion); Boston Red Sox ($1.3 billion); Chicago Cubs ($1 billion); and Philadelphia Phillies ($893 million).
The San Francisco Giants, last year’s World Series winners, were No. 7 on the valuation list at $786 million.
The Forbes report is full of interesting factoids that break down the