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Yankees valued at $3.4 billion, Mets up 22 percent: Forbes

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The Yankees haven’t won the World Series since 2009, but they’ve retained their crown as baseball’s most valuable franchise, according to Forbes.

The Yanks are No. 1 in the magazine’s valuations of Major League Baseball teams for the 19th straight year — every year since the mag started judging teams in 1998 — worth a whopping $3.4 billion, up six percent from last year. The magazine also said the Yanks generate $516 million in revenue after revenue sharing.

The Mets, fresh off their first World Series appearance since 2000, are ranked sixth by Forbes. The Mets are worth $1.65 billion, the magazine said, up 22 percent from the previous year.

Hal Steinbrenner’s Yankees remain the sports most valuable property.LM Otero/AP

Hal Steinbrenner’s Yankees remain the sports most valuable property.

The Los Angeles Dodgers are No. 2 at $2.5 billion, followed by the Red Sox ($2.3 billion), the Giants ($2.25 million) and Cubs ($2.2 million).

The average MLB team is worth $1.3 billion, Forbes said, which is up by seven percent from last year.

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