So, how many billions are the NY Yankees theoretically worth? | Bob's Blitz

So, how many billions are the NY Yankees theoretically worth?

Magic Johnson-Guggenheim Partners just purchased the LA Dodgers for a tight $2.3 billion dollars. How many billions do you think the NY Yankees are theoretically worth (including the YES Network)? Hint: According to Forbes the Bombers generate roughly $439 million in revenue after revenue sharing.

A. $3.3 billion. $2.2 for the team (That's at a standard 5X multiple) and $1.1 for the TV -- Josh Kosman explains further:

Here’s the math: Regional sports networks in big markets sell for about 17 times earnings before interest, taxation, depreciation and amortization; 35 percent of YES represents Ebitda of roughly $65 million; that would make the YES stake worth about $1.1 billion, sources said.

So, hit the next 7X multiple half billion dollar Mega Millions and you can make a legit bid.

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