MLB

The Yankees are the most valuable baseball team, according to Forbes

Didi Gregorius is greeted by his teammates after hitting a three-run home run.

By Associated Press

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NEW YORK (AP) — The New York Yankees are the most valuable franchise in baseball at an estimated value of $4 billion, Forbes reports.

The Los Angeles Dodgers are second at $3 billion, followed by the Chicago Cubs ($2.9 billion), San Francisco Giants ($2.85 billion) and Boston Red Sox ($2.8 billion).

The Yankees’ YES Network broadcasts Forbes “SportsMoney” television show, and the Forbes article accompanying the franchise values released Wednesday was written by the managing editor of the show.

Tampa Bay is the least valuable team, estimated to be worth $900 million.