Forbes values Dodgers at $1.615 billion.

Dodgers logoThe Dodgers are still not worth as much as their purchase price, according to Forbes magazine’s latest MLB franchise valuations released Wednesday.

Forbes places the Dodgers’ value at $1.615 billion, less than the $2 million paid a year ago by Guggenheim Baseball Management but more than the $1.37 billion the franchise was valued at a year ago.

Among all MLB teams the Dodgers are second only to the Yankees, valued at $2.3 billion, and one of only four billion-dollar franchises along with the Boston Red Sox and Chicago Cubs.

Forbes’ list of values for all 30 teams can be found here.

Of the Dodgers, Forbes writes:
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Say hello to ‘SportsNet LA’.

The Dodgers and Time Warner Cable officially announced the creation of a new channel, SportsNet LA, this morning.

In effect, the Dodgers will be televised on their own regional sports network beginning in the 2014 season. The next challenge will be to secure distribution among the local carriers. TWC has already agreed to be the charter distributor throughout Southern California and Hawaii.

Here’s the full text of the press release from TWC:

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