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Baseball-Yankees retain title of MLB’s most valuable team – Forbes

By Francoise Ardion 5 months ago

March 24 (Reuters) – The New York Yankees are Key League Baseball’s most worthwhile group for a 24th consecutive year, according to the yearly listing posted by company magazine Forbes on Thursday.

The 27-time Planet Sequence champions, which have held the major location because Forbes commenced tracking MLB crew funds in 1998, ended up valued at $6 billion, up 14% from very last year.

The Los Angeles Dodgers ($4 billion), Boston Crimson Sox ($3.9 billion), Chicago Cubs ($3.8 billion) and San Francisco Giants ($3.5 billion) rounded out the leading five.

In accordance to Forbes, the regular benefit of MLB’s 30 teams rose 9% from last calendar year to an all-time higher of $2.07 billion owing in aspect to new sources of sponsorship income — jersey patches and helmet decals — expected to get started with the 2023 period.

The reigning Entire world Series winner Atlanta Braves were ranked 10th on the list with a price of $2.1 billion, up 12% from very last yr.

(Reporting by Frank Pingue in Toronto, modifying by Pritha Sarkar)

(([email protected] +1-647-480-7636 Reuters Messaging: [email protected]))

The sights and thoughts expressed herein are the views and thoughts of the writer and do not essentially mirror people of Nasdaq, Inc.

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