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Tigers worth $1.125 billion, Forbes says

The Detroit News
The Tigers are valued at $1.125 billion, according to Forbes.

The Tigers franchise is valued at $1.125 billion, according to analysis by Forbes magazine. That ranks No. 13 among the 30 MLB teams.

The Tigers are one of 15 teams valued at $1 billion or more, up from five in 2014.

The Yankees top the list at $3.2 billion, followed by the Dodgers ($2.4 billion) and Red Sox ($2.1 billion).

Forbes says the average team value is $1.2 billion, a 48-percent increase over 2014.

The increase is driven by TV contracts, which accounted for 37 percent MLB's $7.86 billion in revenue in 2014.