Revenue of Major League Baseball teams 2024
The New York Yankees are one of the most famous sports teams in the world. It is therefore unsurprising that the baseball team, based at Yankee Stadium in New York City, generated league-high revenue of 679 million U.S. dollars in 2024. Meanwhile, the Los Angeles Dodgers ranked second that year with a revenue of 549 million U.S. dollars.
Baseball's most successful franchises
As well as financial success off the field, the New York Yankees are one of the most successful teams in the MLB. The Yankees have won a record 27 World Series Championships, with their closest rivals, the St. Louis Cardinals, having lifted the trophy on 11 occasions. However, the Bronx-based team have found success harder to come by in recent years, with the last World Series title coming back in 2009.
MLB revenue
The MLB has seen its total league revenue grow steadily since the turn of the century. Despite the inevitable hit during the coronavirus pandemic, revenues exceeded 11 billion U.S. dollars for the first time in 2024. This revenue comes from a variety of sources including local media, team sponsorships, and concessions. In the 2022 season, just over one quarter of the MLB's revenue came from national media, while almost one third was generated through seating and suites.
