The New York Yankees are the most valuable team in Major League Baseball, according to Forbes’ list of team values released Wednesday.
If there’s déjà vu you’re feeling, it’s because the Yankees have sat atop the rankings every year Forbes has released them. It’s the 22nd consecutive year the team has ranked above its peers.
The Yankees are worth $4.6 billion, per Forbes, an increase of 15 percent over last year’s worth. They had the most local revenue of all teams at $712 million last year. According to Forbes, it’s more than the bottom six teams in revenue combined.
Their margin over the second-place Los Angeles Dodgers is widening as well. The Dodgers are worth an estimated $3.3 billion this year, an increase of 10 percent over their $3 billion value in 2018. They lead the league in operating income at $95 million.
And to really drive home the difference between top and bottom, the Yankees are worth more than quadruple the last-place team on the Forbes list. The Miami Marlins are worth $1 billion, lowest in the league.