Thu, Oct 12th, 2023 - 6:15am
March 26, 2023 - 2:00pm | By Kyle Cornell
(Fargo, ND) -- The value of MLB franchises is going up.
According to Forbes, average MLB team value increased 12-percent over the past year to two-point-three-two-billion-dollars, with revenue increasing nearly eight-percent to ten-point-three-billion-dollars.
The New York Yankees topped the list of teams published by Forbes as the most valuable franchise in the league at more than seven-billion-dollars.
Following the Bronx Bombers are the Dodgers at four-point-eight-billion, the Red Sox at four-point-five-billion, the Cubs at four-point-one-billion and the Giants at three-point-seven-billion.