When it comes to sports team ratings, the New York Yankees are the king of the hill and the top of the heap.
The Bronx Bombers are worth $7.01 billion – beating the NFL’s Dallas Cowboys for the franchise’s most valuable title.
The Cowboys are the second most valuable team with a valuation of $6.92 billion, according to news site Sportico, which took into account metrics such as revenue, real estate and related businesses.
The NBA’s New York Knicks ($6.12 billion) and Golden State Warriors ($6.03 billion) are the only other sports franchises with valuations north of $6 billion.
The rankings have been compiled based on figures from 2019 – the last full season played before the pandemic.
According to Sportico, the Yankees generated $700 million in revenue in 2019, the most in all of Major League Baseball.
The Yankees also generate an additional $300 million in cash flow each year from its ownership of YES, the regional sports network that airs Yankees and Brooklyn Nets games.
The Yanks’ fierce rival, the Boston Red Sox, is worth $5.07 billion. The Sox are the second most valuable team in baseball.
Collectively, the 30 baseball teams are worth $69 billion. The average value of an MLB franchise — which includes the team and related businesses like stadiums and regional sports networks — is $2.31 billion.
The New York Mets were bought by billionaire Steve Cohen in 2020 for $2.42 billion. Forbes valued the Mets at $2.65 billion.