The New York Yankees, the most popular and successful sports franchise in the United States, is also the most valuable, with an estimated cost of more than seven billion dollars, according to the latest valuation of the Sportico.com portal.
Including their related businesses, the Yankees are worth $7.1 billion globally, more than $2 billion above the second-ranked Major League team, no less than the “Bronx Bombers”‘ great rivals, the Boston Red Sox, worth $5.07 billion.
The average value of a team of @MLB is US$2.3 billion, including all of his baseball and real estate-related businesses. The list is headed by @yankees and the total value of the first 5 teams is US$25 billion dollars.https://t.co/Pn50ajugty pic.twitter.com/3d7IvqRT1N
— Sportico (@Sportico) April 14, 2022
New York, which hasn’t won the World Series since 2009, leads the crop of major league titles with 27, far ahead of the second-winningest St. Louis Cardinals, who have 11 crowns. The Yankees have a 26% ownership in the YES Network television network and a 23% stake in the Legends sports operations business.
According to Sportico.com, New York is the most valuable sports team in professional sports around the world. Among American clubs, the Dallas Cowboys of the American Football League (NFL) and the New York Knicks and Golden State Warriors of basketball (NBA) are the only others to exceed $6 billion in value.
The Cowboys are worth an estimated $6.9 billion, the Knicks $6.1 billion and the Warriors $6 billion. The Los Angeles Lakers (NBA) and New England Patriots (NFL) appear in positions five and six, with $5.6 billion and $5.35 billion, respectively.
The Red Sox, second in the major leagues, are seventh overall, while the Los Angeles Dodgers are in eighth place (third in MLB) with a value of $4.9 billion. Completing the list of the 10 most expensive American clubs were two other NFL franchises, the Los Angeles Rams ($4,700) and the New York Giants ($4,600).
The study by Sportico.com, a trade publication of Penske Media Corporation, put the median value of all Major League Baseball teams at $2.31 billion, when the entities’ related businesses, such as properties in regional sports networks and real estate, are included. of the stadiums and their surroundings.
The average value of MLB clubs is below those of the NFL ($3.5 billion) and NBA ($2.58 billion), but above those of NHL ice hockey ($934 million) and MLS football ( $550 million).
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Sportico: Yankees, most valuable sports franchise in the US.