The New York Yankees Retain Top Spot For 23rd Consecutive Year

NEW YORK March 26, 2021 Forbes today announced its 24th annual MLB Valuations, a ranking of the of Major League Baseballs 30 teams. The New York Yankees have remained the MLBs most valuable team for 23 consecutive years, with a valuation of $5.25 billion, making the franchise one of three North American sports teams with a valuation of at least $5 billion.

The Los Angeles Dodgers, winners of the 2020 World Series Champion, earn the No. 2 spot on this years ranking, with a valuation of $3.57 billion. Rounding out the top five most valuable teams are the Boston Red Sox, the Chicago Cubs and the San Francisco Giants, valued at $3.47 billion, $3.36 billion and $3.18 billion respectively.

A 60-game schedule versus the usually 162 games due to the pandemic, led to big losses for all sports and the MLBs 30 teams lost $1.8 billion in 2020.

The unprecedented amount of red ink spilled by Major League Baseball in 2020 did not prevent team values from increasing to an all-time high average of $1.9 billion, writes Mike Ozanian, Forbes Assistant Managing Editor.

Methodology

Revenue and operating income (earnings before interest, taxes, depreciation and amortization) measure cash in versus cash out (not accrual accounting) for the 2020 season. Ownership stakes in regional sports networks, as well as related profits or losses, were exclusive from our valuations and operating results. Sources include sports bankers, public documents like leases and filings related to public bonds and media rights.

For the full list, videos and more, visit: Forbes 2021 MLB Valuations.

Media Contacts:

Christina Vega, cvega@forbes.com

Jocelyn Swift, jswift@forbes.com