NEW YORK (AP) — Forbes estimates the New York Yankees are baseball’s most valuable franchise at $5 billion, up 9% over last year and 47% more than the No. 2 Los Angeles Dodgers at $3.4 billion.
The Yankees are second among all sports in Forbes’ evaluations to the Dallas Cowboys, listed at $5.5 billion in the last NFL ranking.
The Yankees’ YES Network broadcasts Forbes “SportsMoney” television show.
The Boston Red Sox are third at $3.3 billion, Forbes said Thursday, followed by the Chicago Cubs, San Francisco, the New York Mets, St. Louis and Philadelphia. Each of those teams are worth $2 billion.
Miami was last at $980 million, a drop of $20 million.
MLB Team Valuations
1. New York Yankees, $5 billion
2. Los Angeles Dodgers, $3.4 billion
3. Boston Red Sox, $3.3 billion
4. Chicago Cubs, $3.2 billion
5. San Francisco Giants, $3.1 billion
6. New York Mets, $2.4 billion
7. St. Louis Cardinals, $2.2 billion
8. Philadelphia Phillies, $2.0 billion
9. Los Angeles Angels, $1.975 billion
10. Washington Nationals, $1.9 billion
11. Houston Astros, $1.85 billion
12. Atlanta Braves, $1.8 billion
13. Texas Rangers, $1.75 billion
14. Chicago White Sox, $1.65 billion
15. Toronto Blue Jays, $1.625 billion
16. Seattle Mariners, $1.6 billion
17. San Diego Padres, $1.45 billion
18. Baltimore Orioles, $1.4 billion
19. Minnesota Twins, $1.3 billion
20. Arizona Diamondbacks, $1.29 billion
21. Colorado Rockies, $1.275 billion
22. Pittsburgh Pirates, $1.26 billion
23. Detroit Tigers, $1.25 billion
24. Milwaukee Brewers, $1.2 billion
25. Cleveland Indians, $1.15 billion
26. Oakland Athletics, $1.1 billion
27. Cincinnati Reds, $1.075 billion
28. Tampa Bay Rays, $1.05 billion
29. Kansas City Royals, $1.025 billion
30. Miami Marlins, $980 million
Forbes estimates the MLB average team value rose 4% from last year to $1.85 billion, the smallest annual appreciation since a 2% rise in 2010.