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Yankees valued at $3.4 billion, Mets up 22 percent: Forbes

The Yankees haven't won the World Series since 2009, but they've retained their crown as baseball's most valuable franchise, according to Forbes.

The Yanks are No. 1 in the magazine's valuations of Major League Baseball teams for the 19th straight year — every year since the mag started judging teams in 1998 — worth a whopping $3.4 billion, up six percent from last year. The magazine also said the Yanks generate $516 million in revenue after revenue sharing.

The Mets, fresh off their first World Series appearance since 2000, are ranked sixth by Forbes. The Mets are worth $1.