When Frank McCourts’ Dodgers went up for sale back in 2011, Forbes valued them right around $800 million. They ended up selling to the Guggenheim Group for roughly $2 billion in what might have been the best thing to ever happen to the team in terms of ownership.
It’s wild how far the team has come since then. The new ownership group has taken the Dodgers to new levels, winning a World Series in 2020 and proving that they are there to compete every single year. That included completely revamping the minor league system and setting them up for decades of success.
The latest report from Forbes has the Dodgers valued much higher this year. They are the second-most valuable franchise in baseball, just being the New York Yankees. Forbes has them right around $4.075 billion, with the Yankees valued at slightly over $6 billion.
So since the team sold, the Dodgers have managed to more than double their sale value from 2011. That has also shown in their willingness to pay out their players, giving out massive deals to Mookie Betts and Freddie Freeman over the last couple of years.
It’s good to be a Dodger fan.
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