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If It Did It: MLBAM’s IPO Valued At $5 Billion?

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We reported last month about some of the revenues being generated out of Major League Baseball Advanced Media (MLBAM), and that it paid back the roughly $80 million investment used to fund its start in 2000—nearly $3 million per team. Now, a USAT story has some more details, though has a slightly different number on 2007 expected revenues: at least $380 million this year.

MLBAM has considered an IPO a few times before, and when team owners considered taking it public two years ago, offering estimates by investment bankers ranged around $2 billion-$2.5 billion. Now that number approaches $5 billion, the story says, though I am not sure how it came up with that figure 00 which would translate into more than $150 million per team.

Dec 5, 2007 3:39 AM ET

Posted In: Entertainment, Sports, mlbam

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