New York Yankees baseball is normally associated with one of the best franchises in all of sports. Well, the money speaks for itself.
According to Forbes, the Yankees are valued at $4 billion, making them the most valuable MLB franchise in 2018. They also come in at fifth overall in the world.
There are six MLB teams in the top 50, but this storied franchise can thank their exciting, young team for a large boost in revenue. Led by Aaron Judge, Luis Severino, and Gary Sanchez, this young Yankees team is drawing viewers at home and at Yankee Stadium.
A per-game attendance of 42,774 is the highest the franchise has seen since 2012. And rating on YES Network, which broadcasts their games, spiked 57 percent last year. They were also up 12 percent in the first two months of this season.
It's funny to think that the late George Steinbrenner bought this franchse for $8.8 million back in 1973.
New York has its fair share of lucrative franchises in the area. The Knicks lead all of basketball with a $3.6 billion value, which also falls at seventh overall in the world. The Giants are third-best in the NFL with a $3.3 billion value, and fall at eighth overall. And even the Jets at $2.75 billion is 21st in the world, or the eighth most valuable NFL franchise.
Unfortunately, the Rangers, Islanders, and Devils don't land on the list. There are actually no NHL franchises that fall within the top 50 most valuable franchises.