Yankees again named most valuable team
Apr 11, 2017 - 6:18 PM The New York Yankees maintained their status as Major League Baseball's most valuable team and are worth an estimated $3.7 billion (A$5b), according to a survey released by Forbes.The 27-time World Series champions, who have held the top spot on the list in each of the 20 years Forbes has been tracking MLB valuations, are worth nearly $1 billion more than the next most valuable team.
Forbes said the average MLB team is worth $1.54 billion, a 19 per cent rise from last year, which the magazine attributed to new local television deals that are increasing at roughly a two-fold rate, as well as a surge in profitability.
The Los Angeles Dodgers ($2.75 billion), Boston Red Sox ($2.7 billion), World Series champion Chicago Cubs ($2.67 billion) and San Francisco Giants ($2.65 billion) rounded out of the top five.
The Yankees, who last year missed the postseason for the third time in four seasons, saw their revenue rise 2 per cent to an MLB-high $526 million, according to Forbes.
Source: AAP
No one has shouted yet.
Be the first!
Be the first!
Related News
- Orioles vs. Angels Highlights | MLB on FOX 12:38a
- New York Mets vs. San Francisco Giants Highlights | MLB on FOX 12:32a
- Padres vs. Rockies Highlights | MLB on FOX 11:58p
- Brewers vs. Pirates Highlights | MLB on FOX 11:50p
- Arizona Diamondbacks vs. St. Louis Cardinals Highlights | MLB on FOX 11:44p
- White Sox vs. Twins Highlights | MLB on FOX 11:41p
- Toronto Blue Jays vs. Kansas City Royals Highlights | MLB on FOX 11:34p
- Miami Marlins vs. Atlanta Braves Highlights | MLB on FOX 11:31p
- Tigers vs. Rays Highlights | MLB on FOX 11:18p
- Nolan Gorman hits a walk-off home run to help Cardinals defeat Diamondbacks 10:30p
- Reds vs. Phillies Highlights | MLB on FOX 10:30p
- Athletics vs. Yankees Highlights | MLB on FOX 10:14p