The 27-time World Series champion Yankees were valued at $3.4
billion, a 6 percent jump from last year and comfortably above
the second-ranked Los Angeles Dodgers, whose value rose 4
percent to $2.5 billion.
The average MLB team is now worth $1.3 billion, a 7 percent rise
from last year, which Forbes attributed to new, or anticipated,
richer national broadcasting deals.
The Yankees, who last year reached the postseason for the first
time since 2012 and saw their revenue rise 10 percent to an
MLB-high $516 million, have topped the list since Forbes began
tracking MLB team valuations in 1998.
The Boston Red Sox ($2.3 billion), San Francisco Giants ($2.25
billion) and Chicago Cubs ($2.2 billion) rounded out the top
five while the World Series champion, small market Kansas City
Royals ($865 million) were 25th out of MLB's 30 teams.
(Reporting by Frank Pingue in Toronto; Editing by Larry Fine)
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