Sports Minute: Yanks most valuable in MLB at $5 billion, Forbes estimates
NEW YORK (AP) - Forbes estimates the New York Yankees are baseball’s most valuable franchise at $5 billion. That is up 9% over last year and 47% more than the No. 2 Los Angeles Dodgers at $3.4 billion. The Yankees are second among all sports in Forbes’ evaluations to the Dallas Cowboys. That team was listed at $5.5 billion in the last NFL ranking. The Boston Red Sox are third at $3.3 billion and the Chicago Cubs fourth at $3.2 billion. Miami was last at $980 million, a drop of $20 million. MLB's average team value rose 4% from last year to $1.85 billion.
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