MLB’s financial landscape changes over time. Owners like George Steinbrenner built their teams through smart marketing and broadcast deals. Today, many make their money through industries such as telecommunications, finance and entertainment.
MLB does not have a hard salary cap as of now. As a result, an owner’s wealth plays a major role in a team’s ability to sign top free agents, as shown by the massive contracts of Juan Soto and Shohei Ohtani in recent years.
Here, we take a look at the 10 richest owners in MLB history.
