Monday, March 30, 2015

Most Popular Article of the Week: Yankees Valued at $3.2 Billion According to Forbes

The New York Yankees are still the most valued franchise in all of Major League Baseball after Forbes released their valuations of every team this season. The Yankees came in worth $3.2 billion, up from $2.5 billion last year, after the Yankees estimated revenue sat at $508 million. Coming in second was the Los Angeles Dodgers who are worth $2.4 billion while the World Series champion San Francisco Giants are third at $2 billion.

The average MLB team is worth $1.2 billion, an increase of 48% since the 2014 season. Money is coming into the game quicker than they can spend it and with the Yankees making over $500 million in the 2014 season alone it makes you wonder why the team couldn’t go an extra $5 million or so extra on Yoan Moncada….

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Sorry for the Capatcha... Blame the Russians :)