Unsurprisingly, the New York Yankees are far and away the most valuable baseball team in the world. The Yankees are worth $5.25 billion, which is up 5% from last year. The Yankees now join the NFL’s Dallas Cowboys and the NBA’s New York Knicks as sports teams worth $5 billion or more. Another reason the value of MLB teams is on the rise is simply the public’s demand for baseball. Billionaire hedge fund tycoon Steven Cohen bought the New York Mets last season for $2.42 billion, which was a record amount paid for a baseball team. Then there’s the case of the Boston Red Sox. The year 2020 was particularly brutal to that team with an operating loss of $70 million, however, the team’s parent company, Fenway Sports Group is trying to sell an 11% stake in the team at a $3.4 billion valuation. The 2020 season of course was shortened by the COVID-19 pandemic. Instead of the usual 162 game season, teams played just 60 games. The 30 teams in the MLB lost a total of $1.8 billion in 2020. For comparison, in 2019, the league had a profit of $1.5 billion. Here are the 10 most-valuable baseball teams in the world today: #10. Washington Nationals – $1.925 billion #9. Los Angeles Angels – $2.025 billion #8. Philadelphia Phillies – $2.05 billion #7. St. Louis Cardinals – $2.245 billion #6. New York Mets – $2.45 billion #5. San Francisco Giants – $3.174 billion #4. Chicago Cubs – $3.175 billion #3. Boston Red Sox – $3.465 billion #2. Los Angeles Dodgers – $3.57 billion #1. New York Yankees – $5.25 billion
