The Boston Red Sox and New York Mets each are valued at more than $2 billion, the data shows.
via Yankees Among 10 MLB Teams Valued at More Than $1 Billion – Bloomberg.
First of all cap tip to Adam Rubin. I heard about this from Adam Rubin. I hate when everyone acts like they discovered something on the internet on their own when they clearly learned it from another site. Happens to us here all the time.
Anyways…two billion dollars.
Problem is – Mets corp. owes about 1 billion [debt on Debits Field, loan against SNY, whatever they could hock at Modell Pawnbrokers]. Almost a wash.