The Chicago Cubs Are Worth a Lot More Than Last Year - Bleacher Nation

"According to CNBC's latest team valuations, the Chicago Cubs are now worth a whopping $5.25 billion, the third most in Major League Baseball. They trail only the Dodgers ($8 billion) and Yankees ($9 billion). Last year, CNBC had the Cubs worth $4.5 billion, so it was a very, very good year to own the Cubs."

"Despite the appreciation in MLB team values, the profitability of the league is in far worse shape than it is for the NFL, NBA and NHL, according to CNBC's calculations. In 2025, MLB's 30 teams had an EBITDA - earnings before interest, taxes, depreciation and amortization - margin of under 2% on average revenue of $426 million and average EBITDA of $7 million, including non-MLB ballpark events."

MLB team valuations have appreciated dramatically, with the Chicago Cubs now valued at $5.25 billion, up from $4.5 billion the previous year, ranking third behind the Dodgers and Yankees. Across the league, valuations increased substantially, and the San Diego Padres could potentially sell for over $3 billion. However, despite these rising valuations, MLB's profitability significantly lags behind other major sports leagues. MLB teams averaged an EBITDA margin of under 2% on average revenue of $426 million, compared to 20% for the NFL, 21% for the NBA, and 22.2% for the NHL. This disparity between valuation growth and profitability may influence ongoing collective bargaining negotiations between owners and players.

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