Yankees valued at $2.3 billion; M’s at $644 million

NEW YORK — Forbes estimated the New York Yankees have the highest value in Major League Baseball for the 16th straight year at $2.3 billion, and the average for an MLB team increased by 23 percent in the last year to $744 million.

The magazine said Wednesday the Yankees’ value increased from $1.85 billion last year.

The Los Angeles Dodgers are second in MLB at $1.62 billion — nearly $400 million below the price paid for the team last May when a group headed by Mark Walter, Stan Kasten and Magic Johnson bought the franchise from Frank McCourt.

Forbes valued Boston third at $1.3 billion, followed by the Chicago Cubs ($1 billion), Philadelphia ($893 million), the New York Mets ($811 million), San Francisco ($786 million), Texas ($764 million), the Los Angeles Angels ($718 million) and St. Louis ($716 million).

The Seattle Mariners rank 12th among the 30 MLB teams with a value of $644 million, an increase of 12.9 percent.

The bottom five are Tampa Bay ($451 million), Kansas City ($457 million), Oakland ($468 million), Pittsburgh ($479 million) and Miami ($520 million).

More in Sports

Monroe football’s historic season ends with loss to Sumner

The Spartans’ big second half hands the Bearcats a 56-14 4A state quarterfinals loss.

Lake Stevens’ Eason is The Herald’s Volleyball Player of the Year

The Seattle University-bound senior setter was a stabilizing presence for the Vikings.

Huskies rally to beat Utah on last-second field goal

No. 16 Washington scores 10 points in the last minute to stun Utah 33-30.

Saturday’s prep postseason results

FOOTBALL 4A State Tournament Nov. 18 Quarterfinals Central Valley 41, Skyline 0… Continue reading

The Herald’s 2017 All-Area High School Volleyball Team

Related: Lake Stevens senior Lilly Eason is The Herald’s 2017 Volleyball Player… Continue reading

King’s girls soccer team wins 1A state championship

The Knights outlasted Cascade (Leavenworth) in a shootout to post a 2-1 (8-7 PK) victory.

Seahawks won’t abandon sickly run game, Carroll says

Seattle has the NFL’s 32nd-ranked rushing offense.

No. 17 Gonzaga beats Utah State 79-66

Killian Tilllie scores 20 points and King’s alum Corey Kispert adds 12 in the victory.

Archbishop Murphy’s Ray Pimentel, right, attempts a stiff arm on North Kitsap’s Kyle Green Friday night at Veterans Memorial Stadium in Snohomish on November 17, 2017. (Kevin Clark / The Herald)
Archbishop Murphy fends off North Kitsap in state matchup

Top-ranked Wildcats ride big plays, timely defense to beat Vikings 28-21 in football playoff. (Video)

Most Read