Baseball-Yankees prolong reign as MLB’s most precious workforce – Forbes

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(Reuters) – The New York Yankees are Main League Baseball’s most precious workforce for a twenty fifth consecutive 12 months, based on the annual record printed by enterprise journal Forbes on Thursday.

The 27-time World Collection champions, which have held the highest spot since Forbes started monitoring MLB workforce funds in 1998, have been valued at $7.1 billion, up 18% from final 12 months.

The Los Angeles Dodgers ($4.8 billion), Boston Crimson Sox ($4.5 billion), Chicago Cubs ($4.1 billion) and San Francisco Giants ($3.7 billion) rounded out the highest 5.

In accordance with Forbes, the typical worth of MLB’s 30 groups rose 12% from final 12 months to $2.32 billion due partly to greater income from ticket gross sales and premium seating like suites and membership seats.

The reigning World Collection champion Houston Astros have been ranked eleventh on the record with a worth of $2.25 billion, up 14% from final 12 months.

(Reporting by Frank Pingue in Toronto)