LAS VEGAS (KSNV) — A new report has increased the valuation of the Athletics baseball franchise by a hefty sum.

CNBC on Friday published its estimates on the values of all 30 Major League Baseball clubs for the 2026 season.

Coming in at No. 15 are the A’s, with a valuation of $2.5 billion.

That’s a $500 million increase from CNBC’s estimate of $2 billion from a year ago, which ranked the A’s 18th in MLB.

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CNBC reports that the A’s had $324 million in revenue for the 2025 season. Earnings before interest, taxation, depreciation and amortization are believed to be $2 million.

Last season was the A’s first playing home games at Sutter Health Park in West Sacramento, California. The minor league stadium has a capacity of 14,014.

For comparison, the highest-valued franchise, the New York Yankees, had $755 million in revenue and $5 million in earnings before other adjustments, according to CNBC.

The valuation boost comes as the A’s continue to push forward with relocation to Las Vegas.

The team just wrapped up its annual Big League Weekend exhibition series at Las Vegas Ballpark and will return in June for six regular-season games.

Construction also continues on the A’s Las Vegas Strip stadium. The team says development remains on track for the 2028 season.