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Thus baseball’s pecking order is driven by ticket, sponsorship and local cable television deals.”

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NEW YORK, NY - MARCH 28: (NEW YORK DAILIES OUT) The New York Yankees stand for the national anthem on Opening Day against the Baltimore Orioles at Yankee Stadium on March 28, 2019 in the Bronx borough of New York City. The Yankees defeated the Orioles 7-2. (Photo by Jim McIsaac/Getty Images)

NEW YORK, NY - MARCH 28:  (NEW YORK DAILIES OUT)   The New York Yankees stand for the national anthem on Opening Day against the Baltimore Orioles at Yankee Stadium on March 28, 2019 in the Bronx borough of New York City. The Yankees defeated the Orioles 7-2.  (Photo by Jim McIsaac/Getty Images)

While the Yankees haven’t finished atop the AL East division standings in nearly seven years, they’re still in first place when it boils down to dollars and cents.

According to a list of team values released by Forbes business magazine on Wednesday, the Yankees are the most valuable team in Major League Baseball at an estimated $4.