Report: Yankees, Dodgers are MLB's most valuable franchises
Elsa / Getty Images Sport / Getty
The New York Yankees are the most valuable franchise in Major League Baseball, according to Mike Ozanian of Forbes.
The total value of the Yankees is an estimated $4.6 billion, while the Los Angeles Dodgers ($3.3 billion), Boston Red Sox ($3.2 billion), Chicago Cubs ($3.1 billion), and San Francisco Giants ($3 billion) round out the top five.
Among the bottom-dwellers are the Oakland Athletics ($1.1 billion), Cincinnati Reds ($1.05 billion), Kansas City Royals ($1.025 billion), Tampa Bay Rays ($1.01 billion), and Miami Marlins ($1 billion).
| TEAM | TOTAL VALUE |
|---|---|
| Yankees | $4.6B |
| Dodgers | $3.3B |
| Red Sox | $3.2B |
| Cubs | $3.1B |
| Giants | $3B |
| Mets | $2.3B |
| Cardinals | $2.1B |
| Angels | $1.9B |
| Phillies | $1.85B |
| Astros | $1.77B |
| Nationals | $1.75B |
| Braves | $1.7B |
| Rangers | $1.65B |
| White Sox | $1.6B |
| Mariners | $1.57B |
| Blue Jays | $1.5B |
| Padres | $1.35B |
| D-Backs | $1.29B |
| Orioles | $1.28B |
| Pirates | $1.27B |
| Tigers | $1.25B |
| Rockies | $1.22B |
| Twins | $1.2B |
| Brewers | $1.17B |
| Indians | $1.15B |
| A's | $1.1B |
| Reds | $1.05B |
| Royals | $1.02B |
| Rays | $1.01B |
| Marlins | $1B |
The average baseball team is worth $1.78 billion, according to Ozanian, who reports the increase in total value is eight percent more than a year ago.