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Forbes released their annual list of the most valuable MLB teams and the Yankees came in at number one.
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Introduction
The New York Yankees are one of the most valuable teams in baseball, worth an estimated $3.7 billion. That’s more than double the next most valuable team, the Los Angeles Dodgers, who are worth $1.6 billion.
The Yankees’ Value by the Numbers
The Yankees are one of the most valuable franchises in baseball. They are worth an estimated $4.6 billion, according to Forbes. That is more than double the value of the next most valuable franchise, the Los Angeles Dodgers. The Yankees’ value has been rising steadily for years. In 2014, the Yankees were worth $3.2 billion. In 2018, they were worth $4 billion. The Yankees are the most valuable franchise in baseball because they generate the most revenue.
Forbes’ valuations
The Yankees are baseball’s most valuable team for the 20th consecutive year, according to Forbes’ annual valuation of Major League Baseball franchises released Wednesday.
The Yankees are worth an estimated $4.6 billion, up 9% from last year and more than double the value of the next most valuable team, the Los Angeles Dodgers ($2.15 billion).
The Yankees’ value is due in large part to their revenue, which is an MLB-record $627 million. The Yankees generate more revenue from broadcasting rights (an estimated $340 million) and attendance (an MLB-high 3.7 million fans) than any other team.
The Dodgers are second in value for the third consecutive year, followed by the Boston Red Sox ($1.95 billion), Chicago Cubs ($1.8 billion) and San Francisco Giants ($3 billion).
Operating Income
Operating income is a measure of a company’s profitability. It is equal to a company’s revenue minus its operating expenses. The Yankees had an operating income of $67 million in 2017. This means that the Yankees generated $67 million in revenue after deductions for operating expenses such as player salaries, stadium maintenance, and team travel. Operating income is a good indicator of how efficiently a company is run and how well it is managed. The Yankees have been extremely profitable over the years, due in part to their large revenues and efficient management.
Local Television Rights
The Yankees are worth an estimated $4.6 billion, according to Forbes. Their value has increased by 9% in the last year alone. A big reason for that is their local television rights, which are worth an estimated $500 million per year. That’s more than double the next highest-valued team, the Los Angeles Dodgers.
Conclusions
The Steinbrenner family paid $8.7 million for the Yankees in 1973. The team is now worth an estimated $4 billion, according to Forbes. That’s a return on investment of more than 46,000%.
The Yankees have been the most successful team in baseball over the last 20 years, winning five World Series titles and nine American League pennants. The team’s value has risen steadily during that time, despite the recession of 2008-09.
The Yankees are the most valuable franchise in baseball and are worth more than twice as much as the second-most valuable team, the Los Angeles Dodgers. The Yankees’ value has been helped by their new stadium, which opened in 2009 and generated $500 million in additional revenue for the team.
