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Miami, FL - The Miami Marlins have landed at the bottom of CNBC’s 2025 Major League Baseball franchise valuation rankings.
According to the report, the Marlins are valued at $1.2 billion, making them the least valuable franchise in the league.
The team generated just $296 million in revenue over the past year—less than half of what some of the top-tier franchises bring in annually.
Despite being based in a major city with a passionate sports fan base, the Marlins continue to struggle with low attendance, limited national exposure, and a relatively small media footprint.
Owned by Bruce Sherman since 2017, the franchise has faced challenges maintaining competitiveness on the field while also growing its brand off it.
The team’s valuation places it behind clubs like the Cincinnati Reds, Pittsburgh Pirates, Kansas City Royals, and Tampa Bay Rays, all of whom still surpassed the $1.4 billion mark.
By contrast, the New York Yankees top the list with an $8 billion valuation and over $700 million in revenue last season.
The Yankees’ longstanding brand strength, market size, and consistent postseason appearances have made them a financial powerhouse, something the Marlins have yet to replicate despite two World Series titles in their history.
As MLB revenues rise across the board, the Marlins’ low ranking underscores the economic challenges faced by small-market teams in an increasingly competitive business landscape.