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The average Major League Baseball team is now worth $2.4 billion, 4% more than a year ago. With the exception of 2021— when the Covid-19 pandemic disrupted the 2020 baseball season—it was the first time values increased less than 4% year over year since 2010.<br/><br/>The good news? Since Forbes first began doing valuations of MLB teams in 1998, when the average team was valued at $194 million, owning a team would have beaten inflation by more than five-fold and beaten the S&P 500 (excluding the reinvestment of dividends) by nearly double.<br/><br/>Revenue in MLB rose 10% in 2023, to an average of $378 million per team—the steepest increase since 2015. That increase was due to record ticket, merchandise, television and licensing revenue. But operating income (earnings before interest, taxes, depreciation and amortization) only went up 6%, to an average of $19 million due to more spending on players, technology and analytics.<br/><br/>Forbes’ team valuations are enterprise values (equity plus net debt) based on historical transactions and the future economics of the sport and each team. Revenue and operating income (earnings before interest, taxes, depreciation and amortization) are for the 2023 season and are net of revenue sharing, competitive balance taxes and stadium revenue used for debt service. Ownership stakes in regional sports networks, as well as related profits or losses, are excluded from our valuations and operating results, as are investments in real estate and other businesses. (For all-inclusive sports ownership valuations, see the 2023 Sports Empires rankings.) Sources include sports bankers, team and league executives, public documents like leases and filings related to public bonds, and media rights experts.<br/><br/>Read the full story on Forbes: https://www.forbes.com/lists/mlb-valuations/?sh=12ce2ca1421d<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.
⏲ 3:14 👁 27.4M
Lena Petrova
⏲ 3 minutes 58 seconds 👁 20.4K
Jason D. Knott
⏲ 13 minutes 25 seconds 👁 618
The government does not consider it suitable to impose capital gains tax on the disposal of shares of listed companies at this time, said Lim Hui Ying.<br/><br/>The Deputy Finance Minister said when winding up the debate on the Income Tax Bill (Amendment) 2024 in the Dewan Negara on Wednesday (April 3) that the approach is taken to ensure that the local stock exchange can continue to be competitive.<br/><br/>Read more at https://tinyurl.com/4zc3kuzs<br/><br/>WATCH MORE: https://thestartv.com/c/news<br/>SUBSCRIBE: https://cutt.ly/TheStar<br/>LIKE: https://fb.com/TheStarOnline
⏲ 13:54 👁 7.5M
Birdi Chartered Professional Accountant
⏲ 19 minutes 36 seconds 👁 58.1K
FreeLegalForms
⏲ 2 minutes 21 seconds 👁 68K
The Income Tax department said that ITRs 1, 2, 4 and 6 have been made available on e-filing portal from April 1, 2024. The tax department said about 23,000 returns have already been filed for the 2023-24 fiscal year, reported PTI. This is for the first time in recent years that the Income Tax department has enabled taxpayers to file their I-T Returns on the first day of the new financial year. Watch the video to know more.
⏲ 1:47 👁 735K
Navi Maraj, CPA
⏲ 10 minutes 19 seconds 👁 8.7K
Raquel Toussaint
⏲ 12 minutes 28 seconds 👁 26.8K
To obtain Canadian citizenship, the first step is to attain permanent resident status through programs like family sponsorship, economic immigration, or refugee resettlement. After becoming a permanent resident, applicants must meet residency requirements, having resided in Canada for at least three out of the last five years. The physical presence in the country is essential, and time spent abroad is not counted unless the individual was a Canadian citizen or a permanent resident on a work or study permit.<br/>Filing income taxes in Canada is mandatory for permanent residents, covering all the years of their permanent residency. Language proficiency is another crucial aspect, with applicants required to demonstrate basic skills in either English or French by taking a language test like CELB or TEF.<br/>A multiple-choice citizenship test awaits candidates, assessing their knowledge of Canada's history, geography, government, and values. Study materials for the test can be found on the Immigration, Refugees and Citizenship Canada (IRCC) website. Upon successful completion of these steps, individuals are invited to attend a citizenship ceremony where they take the oath of citizenship and officially become Canadian citizens.<br/>As the process can be time-consuming, early planning is crucial. Detailed information about the requirements and application procedures can be found on the IRCC website.
⏲ 2:0 👁 5K
GA Consulting
⏲ 29 minutes 45 seconds 👁 2.9K
FinePoints
⏲ 12 minutes 34 seconds 👁 35.6K
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