The Mets are worth $2.05 billion, which includes it’s 65 percent stake in SNY, according to a new report (Bloomberg).
The total value of the team makes it the fourth most valuable organization after the Yankees ($3.28 billion), Dodgers ($2.1 billion) and Red Sox ($2.06 billion).
Matthew Cerrone, Lead Writer
OK, but, as is the case with anything tied to ‘worth,’ it’s only really relevant if ownership wants to or has to sell, and there is no evidence of either situation right now.
Basically, this tells me the team is probably valuable when compared to the rest of the league, which we already know. It says very little about cash on hand and how it pertains to spending, which is what I care about.
In other words, as Maury Brown from BizOfBaseball.com explained to me, this is neither good news or bad news for the Mets, fans or ownership. It simply means the team is doing well enough, comparatively, assuming Bloomberg’s numbers are accurate.
Read More: Major League Baseball Franchise Valuations (Bloomberg Sports)