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Forbes Values Detroit Tigers At $1.15 Billion

NEW YORK (AP) — Forbes estimates the New York Yankees are worth $3.4 billion, up 6 percent from last year and the highest evaluation for the 19th straight year.

In its annual rankings, released Wednesday, Forbes claims the average value of a Major League Baseball team increased 7 percent in the last year to $1.3 billion.

It projects the Los Angeles Dodgers as second at $2.5 billion, followed by Boston ($2.3 billion), San Francisco ($2.25 billion), the Chicago Cubs ($2.2 billion) and the New York Mets ($1.65 billion).

Miami is last at $675 million and Oakland 29th at $725 million. The estimate of Houston's value increased 38 percent to $1.1 billion after a new broadcasting deal.

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Online:
http://www.forbes.com/mlb
1. New York Yankees - $3.4 billion
2. Lose Angeles Dodgers - $2.5 billion
3. Boston Red Sox - $2.3 billion
4. San Francisco Giants - $2.25 billion
5. Chicago Cubs - $2.2 billion
6. New York Mets - $1.65 billion
7. St. Louis Cardinals - $1.6 billion
8. Los Angeles Angels - $1.34 billion
9. Washington Nationals - $1.3 billion
10. Philadelphia Phillies - $1.24 billion
11. Texas Rangers - $1.23 billion
12. Seattle Mariners - $1.2 billion
13. Atlanta Braves - $1.18 billion
14. Detroit Tigers - $1.15 billion
15. Houston Astros - $1.1 billion
16. Chicago White Sox - $1.05 billion
17. Baltimore Orioles - $1 billion
18. Pittsburgh Pirates - $975 million
19. Arizona Diamondbacks - $925 million
20. Minnesota Twins - $910 million
21. Cincinnati Reds - $905 million
22. Toronto Blue Jays - $900 million
23. San Diego Padres - $890 million
24. Milwaukee Brewers - $875 million
25. Kansas City Royals - $965 million
26. Colorado Rockies - $860 million
27. Cleveland Indians - $800 million
28. Oakland Athletics - $725 million
29. Miami Marlins - $675 million
30. Tampa Bay Rays - $650 million

(Copyright 2016 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

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