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Yanks most valuable in MLB at $5 billion, Mariners ranked 16th in Forbes estimates

Forbes estimates the New York Yankees are baseball's most valuable franchise at $5 billion.
Credit: AP
New York Yankees Cameron Maybin reacts after he was called out on strikes in a baseball game against the Seattle Mariners, Thursday, May 9, 2019, in New York. (AP Photo/Kathy Willens)

NEW YORK (AP) — Forbes estimates the New York Yankees are baseball's most valuable franchise at $5 billion. That is up 9% over last year and 47% more than the No. 2 Los Angeles Dodgers at $3.4 billion. 

The Yankees are second among all sports in Forbes' evaluations to the Dallas Cowboys. That team was listed at $5.5 billion in the last NFL ranking. 

The Boston Red Sox are third at $3.3 billion and the Chicago Cubs fourth at $3.2 billion. 

The Mariners come in 16th place. Forbes values the M's at $1.6 billion.  The team's value has gone up $400 million since being bought in 2016.

The Angels are the most valuable in the AL West. They're ranked 9th at $1.975 billion, followed by the Astros (11th, $1.85B), Rangers (13th, $1.75B), and A's (26th, $1.1B) 

Miami was last at $980 million, a drop of $20 million. 

MLB's average team value rose 4% from last year to $1.85 billion.