Contents
The New York Yankees are an American professional baseball team based in the Bronx, New York City. They compete in Major League Baseball (MLB)
Checkout this video:
Introduction
The New York Yankees are an American professional baseball team based in the Bronx, New York City. They compete in Major League Baseball (MLB) as a member club of the American League (AL) East division. They are one of two major league clubs based in New York City, the other being the MLB
The Yankees’ Value by the Numbers
The Yankees’ Brand
The Yankees are the most storied franchise in baseball history, and their brand is worth an estimated $3.4 billion, according to Forbes. That’s nearly double the next most valuable MLB franchise, the Los Angeles Dodgers, who are worth an estimated $2 billion.
The Yankees’ brand value has a lot to do with the team’s 27 World Series titles, 40 American League pennants and consistent success over the years. The team also benefits from having a large and passionate fan base, as well as a strong global appeal.
The Yankees are one of the most valuable sports franchises in the world, and their brand is expected to continue to grow in the years ahead.
The Yankees’ Stadium
The Yankees’ home field is one of the most famous and iconic stadiums in all of sports. Yankee Stadium cost $2.3 billion to build and opened in 2009. It is located in the Bronx, New York City. The stadium has a capacity of 52,325 people and is the most expensive stadium ever built.
The Yankees’ Television Deals
The New York Yankees are one of the most valuable sports franchises in the world, and their recent television deals have played a large role in that valuation. In 2014, the Yankees signed a record-breaking $275 million deal with the YES Network, which will keep them on the air through 2042. The following year, they inked an even larger deal with Fox Sports, worth $500 million over eight years. These massive contracts have helped to solidify the Yankees’ status as one of the most valuable sports teams in the world.
The Yankees’ Value Compared to Other Teams
The Yankees’ Value Compared to Other MLB Teams
The Yankees are the most valuable team in Major League Baseball, worth an estimated $4.6 billion. That’s according to Forbes’ annual valuation of MLB teams, released Wednesday. The franchise is worth almost $1 billion more than the second-most valuable team, the Los Angeles Dodgers.
The Yankees’ value increased by 14% from last year, when they were valued at $4 billion. The team has been valued at more than $3 billion since 2012.
Forbes values the Yankees’ brand at $700 million, which is more than double the value of any other MLB franchise. The Yankees also generate more revenue than any other team in MLB, with an estimated $619 million in revenue for 2018.
The Yankees’ Value Compared to Other Sports Teams
Forbes released its annual evaluation of the worth of all 30 MLB franchises, and the Yankees again sit atop the list with a value of $4 billion. That’s up 8% from last year and puts them well ahead of the next most valuable team, the Los Angeles Dodgers, who are worth $3 billion.
The Yankees’ value has ballooned in recent years thanks to a new $1.5 billion television deal, a new stadium that opened in 2009, and continued success on the field. The team has won 27 World Series championships, more than any other franchise in baseball, and made the playoffs in each of the last 17 seasons.
While the Yankees are clearly the most valuable team in baseball, they trail a number of other sports teams in overall value. The Dallas Cowboys of the NFL are worth $5 billion, making them the most valuable sports franchise in the world. Soccer teams Real Madrid ($4.2 billion) and Barcelona ($4.02 billion) are also more valuable than the Yankees.
Conclusion
The Yankees are worth $4.6 billion, according to Forbes’ annual valuation of Major League Baseball teams. That’s up 9% from last year and is the second-highest value in baseball behind the Los Angeles Dodgers, who are worth $4 billion.
