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Dodgers' Value Estimated at $13 Billion — But There's a Catch

The prospect of a salary cap in MLB threatens the Dodgers' dominance, and offers a possible incentive for their owner to sell.

Los Angeles Dodgers president Stan Kasten firmly denied the team is for sale, despite a federal probe into owner Mark Walter. The key difference between the Dodgers and Lakers sale to Joshua Kushner and Bob Iger is that NBA salaries are capped, but MLB salaries are not. The current MLB collective bargaining agreement remains in effect until December 1.

A hard cap would theoretically boost team values, as the Dodgers recently paid more in competitive balance taxes ($168.4 million) than some teams' entire player payrolls. Experts suggest the Dodgers could fetch $10 billion without a cap, but if MLB institutes one, their value could soar to $12 to $13 billion.

Written by urgent.news from Newsweek's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at newsweek.com →

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