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

Stanwood sweeps Arlington in clash of Wesco 3A unbeatens

Devon Martinka led the Spartans to victory, registering 17 kills.

UW men’s basketball team learning new way under Hopkins

The Huskies will use a 2-3 zone as its base defense this season.

Poll: Help us plan this week’s high school football coverage

Which of the following Friday games would you like to see video… Continue reading

Thiel: Baldwin, Sherman explain how path to social justice is walked

One of the great appeals of sports is resolution. Spend a little… Continue reading

Silvertips set for 1st home game in more than 3 weeks

Everett won three of its nine games on its last road trip.

Tuesday’s prep results, links and recaps

Here are Tuesday’s prep sports results, recaps and links: BOYS TENNIS 4A… Continue reading

Tuesday’s prep stars of the night

Emma Carlton, Mount Vernon swimming Carlton, a senior Texas A&M commit, is… Continue reading

Everett Memorial Stadium’s baseball field converting to turf

The Mariners, Everett School District and others had to sign off on switch to an artificial surface.

Dodgers top Cubs 6-1, take 3-0 lead

Los Angeles is one win away from sweeping the defending World Series champions.

Most Read