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Yankees MLB's most-valuable at $4.6B; Dodgers top Red Sox for second

By Alex Butler
The New York Yankees -- who play their home games at the $2.3 billion Yankee Stadium -- have been Major League Baseball's most-valuable franchise since Forbes began tracking for its annual list. Photo by John Angelillo/UPI
The New York Yankees -- who play their home games at the $2.3 billion Yankee Stadium -- have been Major League Baseball's most-valuable franchise since Forbes began tracking for its annual list. Photo by John Angelillo/UPI | License Photo

April 10 (UPI) -- The New York Yankees topped Forbes' most-valuable MLB franchises list for the 22nd consecutive time, with a value of $4.6 billion.

Forbes released the list Wednesday, with the "Bronx Bombers" topping the Los Angeles Dodgers ($3.3B), Boston Red Sox ($3.2B), Chicago Cubs ($3.1B) and San Francisco Giants ($3B) in the top five.

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The New York Mets ($2.3B), St. Louis Cardinals ($2.1B), Los Angeles Angels ($1.9B), Philadelphia Phillies ($1.85B) and Houston Astros ($1.775B) round out the top 10 on the list.

The Miami Marlins are at the bottom of the 2019 list, with a value of $1 billion. The Tampa Bay Rays ($1.01B), Kansas City Royals ($1.025B), Cincinnati Reds ($1.05B) and Oakland Athletics ($1.1B) are among the bottom five MLB teams in terms of value.

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Forbes evaluated the teams based on ballpark and media revenue divided by metro population, with population divided by two for markets with two teams.

The Yankees had a local revenue of $712 million in 2018, more than the bottom six teams in that category combined.

Miami brought in $72 million in 2018, before revenue sharing and ballpark debt payments. The Rays brought in $100 million, followed by the Athletics ($112M), Royals ($126M) and Reds ($137M).

The Yankees were valued at $4 billion last year and $3.7 billion in 2017.

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