The New York Yankees are the most valuable Major League Baseball franchise entering the 2023 season, according to Forbes.
The Yankees claimed the top spot on the list with with a staggering $7.1-billion valuation, up 18% from 2022. The Los Angeles Dodgers ($4.8 billion), Boston Red Sox ($4.5 billion), Chicago Cubs ($4.1 billion), and San Francisco Giants ($3.7 billion) round out the top five.
The New York Mets come in at sixth with an estimated value of $2.9 billion. That represents a 9% increase from 2022, but the Mets suffered the league's biggest operating loss last year at $138.5 million.
The average MLB team is up 12% in value from last year, according to Forbes' Mike Ozanian and Justin Teitelbaum.
The Seattle Mariners, who sit in 13th place at $2.2 billion, experienced the biggest jump in value among all 30 clubs, with a 29% boost from 2022.
Here's the complete list:
| RANK | TEAM | VALUE | 1-YEAR CHANGE |
|---|---|---|---|
| 1 | New York Yankees | $7.1B | 18% |
| 2 | Los Angeles Dodgers | $4.8B | 18% |
| 3 | Boston Red Sox | $4.5B | 15% |
| 4 | Chicago Cubs | $4.1B | 8% |
| 5 | San Francisco Giants | $3.7B | 6% |
| 6 | New York Mets | $2.9B | 9% |
| 7 | Los Angeles Angels | $2.7B | 23% |
| 8 | Atlanta Braves | $2.6B | 24% |
| 9 | Philadelphia Phillies | $2.575B | 12% |
| 10 | St. Louis Cardinals | $2.550B | 4% |
| 11 | Houston Astros | $2.250B | 4% |
| 12 | Texas Rangers | $2.225B | 9% |
| 13 | Seattle Mariners | $2.2B | 29% |
| 14 | Toronto Blue Jays | $2.1B | 18% |
| 15 | Chicago White Sox | $2.05B | 16% |
| 16 | Washington Nationals | $2B | 0% |
| 17 | San Diego Padres | $1.75B | 11% |
| 18 | Baltimore Orioles | $1.7B | 24% |
| 19 | Milwaukee Brewers | $1.6B | 25% |
| 20 | Colorado Rockies | $1.475B | 6% |
| 21 | Detroit Tigers | $1.45B | 4% |
| 22 | Minnesota Twins | $1.39B | 0% |
| 23 | Arizona Diamondbacks | $1.38B | 0% |
| 24 | Pittsburgh Pirates | $1.32B | 0% |
| 25 | Cleveland Guardians | $1.3B | 0% |
| 26 | Tampa Bay Rays | $1.25B | 14% |
| 27 | Kansas City Royals | $1.2B | 8% |
| 28 | Cincinnati Reds | $1.19B | 0% |
| 29 | Oakland Athletics | $1.18B | 0% |
| 30 | Miami Marlins | $1B | 1% |
