On Thursday morning, Forbes released their annual valuation rankings for Major League Baseball organizations. They report that the average value of franchises — especially the blue-blood organizations — rebounded tremendously from the pandemic-shortened 2020 season.
It isn’t shocking, but the New York Yankees ranked No. 1 in Forbes’ rankings this year. They’re the only team to claim a $6 billion valuation from the publications.
The Los Angles Dodgers rank second, but they come in almost $2 billion behind the Yankees. Forbes estimates their value at $4.075 billion.
Forbes says the Yankees’ value increased by 14 percent from the previous year.