How Much Did Ted Turner Sell The Atlanta Braves For

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Ted Turner: The Man Who Sold a Home Run

So, you wanna know how much Ted Turner, the media mogul, the Captain Outrageous himself, got for selling the Atlanta Braves? Well, buckle up, buttercup, because we're about to dive into a tale as old as time (or at least as old as the late 90s).

How Much Did Ted Turner Sell The Atlanta Braves For
How Much Did Ted Turner Sell The Atlanta Braves For

From Billboard King to Baseball Boss

Before we get to the juicy details, let's quickly recap Ted's journey from billboard magnate to baseball baron. The guy was a visionary, alright. He turned a bunch of outdoor ads into a media empire that included CNN, TBS, and, oh yeah, the Atlanta Braves. He was like the Donald Trump of the 80s, but with better hair and a genuine interest in world peace.

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Braves, Balls, and Billions

Now, let's talk turkey. Ted owned the Braves for quite a while, turning them from a sleepy Southern team into a national powerhouse. Remember those 90s Braves teams? They were like the Avengers of baseball. But all good things must come to an end, and eventually, Ted decided it was time to hang up his cleats (or at least his owner hat).

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In 2007, Ted sold the Braves to Liberty Media for a cool $700 million. That’s right, seven hundred million big ones. Enough to buy a small country, or a really, really big yacht. Or both.

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Was it a Steal?

Now, you might be thinking, "$700 million? That seems like a lot." And you're not wrong. But considering the Braves' popularity and the potential for future revenue, some folks argue it was a steal for Liberty Media. Others say Ted could've squeezed out a few more bucks. We'll never know for sure, but hey, at least he still had CNN and all those bison ranches.

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How to Become a Baseball Billionaire (Probably Not)

Okay, so you want to be the next Ted Turner? Well, here's some totally helpful advice:

  • How to buy a baseball team: Start by winning the lottery. Or, you know, invent something revolutionary like the internet or the lightbulb.
  • How to increase a team's value: Win a bunch of championships. It's that simple.
  • How to negotiate a good sale price: Hire a really good agent. Or just be Ted Turner.
  • How to spend a billion dollars: Invest wisely, donate to charity, or buy a really, really big yacht.
  • How to avoid becoming a meme: Don't say anything too outrageous. Or do, and embrace it.

There you have it, folks. The story of Ted Turner and his baseball baby. Now go forth and conquer the world, or at least your fantasy baseball league.

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gatech.eduhttps://www.gatech.edu
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nps.govhttps://www.nps.gov/places/martin-luther-king-jr-national-historical-park.htm
bizjournals.comhttps://www.bizjournals.com/atlanta

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