You cannot always do head to head comparisons of sports team values. The business may include other assets. Some teams own thier own stadiums (Patriots and Red Sox) while others suck off the govt teat (Yankees and Giants/Jets).
Without knowing exactly what their buying, you cannot judge if this is a good financial deal. I think the thinking 20 years ago was that Robert Kraft was throwing his money away buying a perinial losing Patriots team. I would say he has done alright on his investment.
True, but I bet the Marlins are one of the less valuable teams in baseball. So I start to think, gee, if the Marlins are worth $1.3 billion, what are the Cardinals worth? What are the Cubs or Yankees worth, thinking that certain teams will be worth a lot more than the Marlins.
I really didn’t pass judgement on whether this is a “good deal” or not (although, at this point in time, it almost certainly is not) — time will tell.
I simply said that if a lower mid-range Major League Baseball team was worth $1.3b, then lots of teams just got a nice boost to their property value.