Yanks most valuable in MLB at $4 billion, Forbes estimates
ABS-CBN Sports on Apr 12, 2018 08:23 AM
New York Yankees Gary Sanchez (24) gets a pat on the back from Giancarlo Stanton after his two-run home run off Boston Red Sox starting pitcher David Price during the first inning of a baseball game at Fenway Park in Boston, Wednesday, April 11, 2018. Stanton had a two-run triple in the first inning. (AP Photo/Charles Krupa)
NEW YORK (AP) — The New York Yankees are the most valuable franchise in baseball at an estimated value of $4 billion, according to Forbes.
The Los Angeles Dodgers are 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 Yankees' YES Network broadcasts Forbes "SportsMoney" television show, and the Forbes article accompanying the franchise values released Wednesday was written by the managing editor of the show.
Tampa Bay is the least valuable team, estimated to be worth $900 million.