Part 4/8:

Baseball, typically perceived as the ‘America’s pastime,’ surprisingly finds itself closely competing with the National Hockey League (NHL) in terms of team valuations. The MLB showcases a stark contrast in valuations, with a handful of franchises such as the New York Yankees, Boston Red Sox, and Los Angeles Dodgers significantly outperforming the rest. However, numerous teams within Major League Baseball exhibit valuations comparable to those in the NHL, leading to questions about the sport's overall market strength.