When it comes to evaluating sports teams, the New York Yankees are king of the top of the hill and pile.
The Bronx Bombers are worth $7.01 billion – beating the NFL’s Dallas Cowboys for the title of most valuable franchise.
The Cowboys are the second most valuable team, with a valuation of $6.92 billion. According to news site SporticoWhich factors in metrics such as income, real estate, and related businesses.
The rankings were done on the basis of data from 2019 – the last full season that was played before the pandemic.
According to Sportico, the Yankees generated $700 million in revenue in 2019 – the highest in all of Major League Baseball.
The Yankees generate an additional $300 million in cash flow each year from ownership of Yes, the regional sports network that broadcasts Yankees and Brooklyn Nets games.
The Yankees’ fierce rival, the Boston Red Sox, is worth $5.07 billion. The Sox are baseball’s second most valuable team.
In all, baseball’s 30 teams are worth $69 billion. The average value of an MLB franchise — which includes teams and related businesses such as stadiums and regional sports networks — is $2.31 billion.
The New York Mets were bought by billionaire Steve Cohen in 2020 for $2.42 billion. Forbes has estimated the value of the Mets at $2.65 billion.