Baseball Commissioner Rob Manfred spoke Tuesday during SporticoLive’s online discussion of its estimates to baseball franchise valuations. The company estimated the average MLB franchise value is $2.2 billion, led the New York Yankees at $6.75 billion.
Manfred has said repeatedly that MLB will not consider expansion until the Oakland Athletics and Tampa Bay Rays get new ballparks. The Athletics have proposed a stadium in the Howard Terminal area of downtown Oakland, and the Rays have said they will pursue splitting seasons between the Tampa Bay area and Montreal starting in 2028, after the expiration of their lease at Tropicana Field in St. Petersburg, Florida.
No plans for those cities have been finalized.
Manfred has mentioned as possible expansion candidates: Charlotte, North Carolina; Las Vegas; Montreal; Nashville, Tennessee; Portland, Oregon; and Vancouver, British Columbia.