BOSTON, MA - OCTOBER 06: Gary Sanchez #24 and Aaron Judge #99 of the New York Yankees celebrate after Sanchez hit a three-run home run as teammate Giancarlo Stanton #27 watches during the seventh inning of Game Two of the American League Division Series against the Boston Red Sox at Fenway Park on October 6, 2018 in Boston, Massachusetts.

Report: Yankees, Dodgers are MLB's most valuable franchises

7 years ago
Elsa / Getty Images Sport / Getty

The New York Yankees are the most valuable franchise in Major League Baseball, according to Mike Ozanian of Forbes.

The total value of the Yankees is an estimated $4.6 billion, while the Los Angeles Dodgers ($3.3 billion), Boston Red Sox ($3.2 billion), Chicago Cubs ($3.1 billion), and San Francisco Giants ($3 billion) round out the top five.

Among the bottom-dwellers are the Oakland Athletics ($1.1 billion), Cincinnati Reds ($1.05 billion), Kansas City Royals ($1.025 billion), Tampa Bay Rays ($1.01 billion), and Miami Marlins ($1 billion).

TEAM TOTAL VALUE
Yankees $4.6B
Dodgers $3.3B
Red Sox $3.2B
Cubs $3.1B
Giants $3B
Mets $2.3B
Cardinals $2.1B
Angels $1.9B
Phillies $1.85B
Astros $1.77B
Nationals $1.75B
Braves $1.7B
Rangers $1.65B
White Sox $1.6B
Mariners $1.57B
Blue Jays $1.5B
Padres $1.35B
D-Backs $1.29B
Orioles $1.28B
Pirates $1.27B
Tigers $1.25B
Rockies $1.22B
Twins $1.2B
Brewers $1.17B
Indians $1.15B
A's $1.1B
Reds $1.05B
Royals $1.02B
Rays $1.01B
Marlins $1B

The average baseball team is worth $1.78 billion, according to Ozanian, who reports the increase in total value is eight percent more than a year ago.

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