Yankees Remain Most Valuable Baseball Team

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Forbes has released its 20th annual ranking of the most valuable Major League Baseball teams. For the 20th consecutive time, the New York Yankees are the most valuable team with a value of $3.7 billion.

The New York Mets rank sixth overall with a value of $2 billion according to Forbes. The average MLB team is worth $1.54 billion, up 19% from a year ago. Team valuations are based on total revenue.

The Yankees have the highest revenue in the league with $526 million and have the top performing regional cable network with YES, which broadcasts most of the team’s games.

Below are rankings of all 30 major league teams from Forbes based on revenue and team value.

Rank Team Current Value 1-Yr Value Change Debt/Value Revenue Operating Income
#1 New York Yankees $3.7 B 9% 0% $526 M $39 M
#2 Los Angeles Dodgers $2.75 B 10% 15% $462 M $-20.5 M
#3 Boston Red Sox $2.7 B 17% 0% $434 M $78.6 M
#4 Chicago Cubs $2.675 B 22% 16% $434 M $83.8 M
#5 San Francisco Giants $2.65 B 18% 0% $428 M $78.1 M
#6 New York Mets $2 B 21% 15% $332 M $31.7 M
#7 St Louis Cardinals $1.8 B 12% 13% $310 M $40.5 M
#8 Los Angeles Angels of Anaheim $1.75 B 31% 0% $350 M $68.1 M
#9 Philadelphia Phillies $1.65 B 34% 5% $325 M $87.7 M
#10 Washington Nationals $1.6 B 23% 21% $304 M $37.6 M
#11 Texas Rangers $1.55 B 27% 10% $298 M $18.6 M
#12 Atlanta Braves $1.5 B 28% 14% $275 M $15.2 M
#13 Houston Astros $1.45 B 32% 19% $299 M $75.9 M
#14 Seattle Mariners $1.4 B 17% 0% $289 M $11.6 M
#15 Chicago White Sox $1.35 B 29% 7% $269 M $41.9 M
#16 Toronto Blue Jays $1.3 B 44% 0% $278 M $22.9 M
#17 Pittsburgh Pirates $1.25 B 28% 8% $265 M $51 M
#18 Detroit Tigers $1.2 B 4% 14% $275 M $-36.4 M
#19 Baltimore Orioles $1.175 B 18% 15% $253 M $-2.1 M
#20 Arizona Diamondbacks $1.15 B 24% 12% $253 M $47.2 M
#21 San Diego Padres $1.125 B 26% 16% $259 M $22.8 M
#22 Minnesota Twins $1.025 B 13% 20% $249 M $29.9 M
#23 Colorado Rockies $1 B 16% 8% $248 M $26.6 M
#24 Kansas City Royals $950 M 10% 8% $246 M $-0.9 M
#25 Miami Marlins $940 M 39% 22% $206 M $-2.2 M
#26 Milwaukee Brewers $925 M 6% 8% $239 M $58.2 M
#27 Cleveland Indians $920 M 15% 11% $271 M $46.9 M
#28 Cincinnati Reds $915 M 1% 11% $229 M $15.9 M
#29 Oakland Athletics $880 M 21% 9% $216 M $25.5 M
#30 Tampa Bay Rays $825 M 27% 17% $205 M $32.1 M