Yanks most valuable in MLB at $5 billion, Forbes estimates – The Manila Times

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Yanks most valuable in MLB at $5 billion, Forbes estimates – The Manila Times
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NEW YORK: Forbes estimates the New York Yankees are baseball’s most valuable franchise at $5 billion, up 9 percent over last year and 47 percent more than the No. 2 Los Angeles Dodgers at $3.4 billion. The Yankees are second among all sports in Forbes’ ...

Forbes estimates the New York Yankees are baseball’s most valuable franchise at $5 billion, up 9 percent over last year and 47 percent 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 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 . Miami was last at $980 million, a drop of $20 million. Also near the bottom were Kansas City , Tampa Bay , Cincinnati and Oakland .

Forbes estimates the MLB average team value rose 4% from last year to $1.85 billion, the smallest annual appreciation since a 2 percent rise in 2010.

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