Forbes released its list of MLB franchise values yesterday, and in a major upset the Yankees came in at number 1 with a cool $2.5 billion value. This is up from last year's $2.3 billion value and marks the 17th straight year that the Yanks have been the most valuable MLB team. The Dodgers came in second at $2 bil even, and according to the full article the Yankees rank ahead of the Dallas Cowboys by $200 mil as the most valuable franchise in all of pro sports.
Considering that ticket sales, attendance, and TV ratings were all down last season as a result of the watered down on-field product, it's impressive that the Yankees were able to increase their value. Just goes to show how big an international brand they are and how much they stand to make this year with the addition of Tanaka and a potential return to the postseason. They may not have enough money to spend on Stephen Drew (they do), but the Yankees are still clearly doing just fine when it comes to the dollars and cents side of baseball. Now somebody hit the music!
2017 Winter Meetings Open Thread: Thursday
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