Yankees Worth Over $7 Billion; Cubs $4.1B

Major League Baseball franchise values are on the rise, according to Forbes, despite turmoil caused by the recent bankruptcy filing of Diamond Sports and the continued disintegration of the regional sports network model that could shake up baseball broadcasting for this season and beyond.
The New York Yankees topped the list published Thursday by Forbes as baseball's most valuable team at $7.1 billion, an 18% increase from 2022.
Following the Yankees are the Los Angeles Dodgers at $4.8 billion (up 18%), the Boston Red Sox at $4.5 billion (up 15%), the Chicago Cubs at $4.1 billion (up 8%) and the San Francisco Giants at $3.7 billion (up 6%). Overall, average MLB team value increased 12% over the past year to $2.32 billion, with revenue increasing 7.8% to $10.3 billion. Most of that money came from a 64% increase in ticket revenue, including the postseason and spring training.
Read more at:
https://www.espn.com/mlb/story/_/id/35925638/yankees-worth-71-billion-mlb-team-values-rise-amid-tv-turmoil