The New York Yankees: How Much are They Worth?

A look at how much the New York Yankees are actually worth, and how this number has changed over time.

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The New York Yankees are one of the most iconic and successful franchises in all of professional sports. The team has won 27 World Series titles, 40 American League pennants, and 18 East Division championships. The Yankees are also the highest-valued baseball team in the world, worth an estimated $4.6 billion.

While the Yankees’ on-field success is well documented, their financial success is often understated. The team generates revenue from a variety of sources, including ticket sales, television rights fees, and merchandising. In addition, the Yankees have their own cable television network, YES Network, which is one of the most successful regional sports networks in the country.

The Yankees are not just a baseball team; they are a brand that has transcended the sport. The team’s name and logo are recognized around the world, and the franchise has a loyal fan base that stretches far beyond the city of New York. This global reach has helped the Yankees generate revenue in ways that other teams cannot even dream of.

The Yankees’ massive popularity has also allowed the team to charge premium prices for everything from tickets to hats to beer. A trip to Yankee Stadium is not cheap, but fans are willing to pay because they know they will see a winning product on the field. And even though Yankee tickets are some of the most expensive in baseball, the team still manages to fill its stadium on a nightly basis.

So how much are the New York Yankees actually worth? While their value can only be estimated, it is safe to say that the franchise is worth billions of dollars and will continue to be one of baseball’s most valuable teams for years to come.

The Yankees’ History

The New York Yankees are a 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 National League’s (NL) New York Mets. The Yankees began play in the 1901 season as the Baltimore Orioles (no relation to the current Baltimore Orioles franchise), moving to New York in 1903 and adopting the iconic “Yankees” name in 1913.

Early Success

The New York Yankees are one of the most successful franchises in all of professional sports. They have won 27 World Series titles, 40 American League pennants, and have made it to the playoffs an astonishing 52 times. The team has been led by some of the greatest players to ever step on a baseball diamond, including Babe Ruth, Mickey Mantle, Derek Jeter, and Mariano Rivera. Simply put, the Yankees are a dynasty.

The team’s success can be traced back to its early years. The Yankees were founded in 1901 as the Baltimore Orioles, one of eight charter members of the American League. The team moved to New York City in 1903 and became known as the Highlanders until 1913, when they assumed their now-famous name. Under manager Miller Huggins, the Yankees won their first World Series title in 1923. This began a string of five consecutive championships for the Bronx Bombers.

The George Steinbrenner Era

In 1973, Steinbrenner made one of the most controversial decisions in baseball history when he paid Detective Howard Spira $40,000 for damaging information about Dave Winfield. When Steinbrenner was convicted of making illegal campaign contributions to Richard Nixon’s re-election campaign, he was suspended from baseball for two years by Commissioner Bowie Kuhn. During Steinbrenner’s suspension from baseball, Gene Michael served as the team’s general manager, while Lee MacPhail handled duties as the American League President.

When Steinbrenner was reinstated in 1974, he fired Michael and appointed Clyde King as general manager. King started a youth movement that would eventually turn the Yankees into contenders again. In 1976, the Yankees drafted future stars Dale Murphy and Ron Guidry. The team also acquired Goose Gossage, Sparky Lyle, Chris Chambliss and Roy White through trades and free agency. Under the leadership of manager Billy Martin, the Yankees won 102 games in 1976 but were swept by the defending World Series champion Cincinnati Reds in the American League Championship Series.

The Current Team

The current Bronx Bombers are worth an estimated $3.7 billion, according to Forbes. Led by superstar outfielder Aaron Judge and newly acquired slugger Giancarlo Stanton, the Yankees have one of the most potent lineups in baseball. But they’ll have to get past the reigning World Series champion Houston Astros if they want to get back to the Fall Classic for the first time since 2009.

The Yankees’ Financials

The New York Yankees are one of the most iconic baseball teams in America. They have a long history of success, including 27 World Series titles. The Yankees are also one of the most valuable sports franchises in the world. Forbes estimated the Yankees’ value at $4.6 billion in 2020. That’s up 8% from the previous year.


The New York Yankees are a baseball team based in The Bronx, New York. They are members of the American League (AL) East division in Major League Baseball (MLB). One of the American League’s eight charter franchises, the club was founded in Baltimore, Maryland in 1901 as the Baltimore Orioles and moved to New York City in 1903, becoming known as the New York Highlanders before being officially renamed as the Yankees in 1913. From 1923 to 2008, the Yankees’ home ballpark was Yankee Stadium; in 2009, they moved into a new ballpark, also called Yankee Stadium.


The New York Yankees are one of the most expensive teams in baseball. In 2017, their total payroll was $223 million. That’s nearly $50 million more than the next highest team, the Los Angeles Dodgers. The Yankees’ payroll has been over $200 million for each of the last four seasons.

The Yankees’ expenses don’t just stop at player salaries. In 2017, the team’s total operating expenses were $337 million. That includes things like travel costs, stadium upkeep, and player benefits. The Yankees’ operating expenses were nearly $60 million more than the next highest team, the Boston Red Sox.

So where does all this money come from? The Yankees generate a lot of revenue from sources other than ticket sales. In 2017, they brought in $503 million from things like broadcast rights and concessions. That’s nearly double the amount of revenue generated by ticket sales. The Yankees also have one of the most valuable brands in sports. Forbes estimates that the team is worth $3 billion.

Net Income

In Yankees’ first quarter earnings report for 2018, they revealed a 122 million dollar net income. Although this is a 28 percent decrease from last year, it is still a large number. The Yankees’ have been the most valuable franchise in baseball for 20 years now, and their value continues to grow. They are currently worth 4 billion dollars.

The Yankees’ Valuation

The New York Yankees are one of the most iconic American sports franchises. The team has a long and storied history, dating back to their formation in 1901. They’ve won 27 World Series championships, and are worth an estimated $4.6 billion. In this article, we’ll take a look at the Yankees’ valuation and what factors contribute to their worth.

Enterprise Value

Enterprise value (EV) is a measure of a company’s total value, often used as a more comprehensive alternative to equity market capitalization. Enterprise value is calculated as the market capitalization plus debt, minority interest and preferred shares, minus total cash and cash equivalents.

In other words, enterprise value is the theoretical takeover price — what it would cost to buy the whole company and assume its debt — less any cash on the company’s balance sheet. Therefore, EV takes into account both equity market capitalization and debt.

For example, assume Company XYZ has 10 million shares outstanding, trades at $50 per share and has $5 in cash and $20 in debt on its balance sheet. Its market capitalization would be $500 million (10 million x $50), but its enterprise value would be $525 million (10 million x $50 + $20 – $5).

Investors often use enterprise value to compare companies with dissimilar capital structures because it isolates a company’s intrinsic operations from its financing decisions. All else being equal, a company with more debt will have a higher enterprise value than an otherwise identical company with less debt.

Equity Value

The Yankees are a publicly traded partnership, meaning that they are owned by a group of investors who each have a stake in the team. The Yankees’ equity value is calculated by taking the team’s total assets and subtracting any debts or other liabilities. As of 2018, Forbes estimated the Yankees’ equity value to be $3.7 billion.


The Yankees are the most valuable MLB team at $4.6 billion, according to Forbes. That’s up 9% from last year and is almost double the value of the second most valuable team, the Los Angeles Dodgers, at $2.9 billion.

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