Yankees again top Forbes’ MLB valuations
The New York Yankees are baseball’s most valuable team for the 21st straight year, according to Forbes.
The magazine published its annual Major League Baseball franchise valuations on Wednesday, with the Bronx Bombers topping the rankings at $4 billion.
The Yankees have topped the list every single year since Forbes began compiling it in 1998.
The teams making up the top five all call big cities home, with the Los Angeles Dodgers second at $3 billion, followed by the Chicago Cubs ($2.9 billion), San Francisco Giants ($2.85 billion) and Boston Red Sox ($2.8 billion).
The next five teams are the New York Mets ($2.1 billion), St. Louis Cardinals ($.19 billion), Los Angeles Angels ($1.8 billion), Philadelphia Phillies ($1.7 billion) and Washington Nationals ($1.675 billion).
Falling at the bottom of the valuations were MLB’s two Sunshine State teams, with the Tampa Bay Rays last among the 30 teams with $900 million and the Miami Marlins just ahead at $1 billion.
Forbes estimates that MLB franchises saw an overall bump of about 7 percent over the past year to an average of $1.645 billion.