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Major League Baseball teams remain very valuable, none more than the New York Yankees.
The Yankees remain atop the league as the most valuable franchise at $7.1 billion, an 18% increase from last year, according to Forbes’ latest list.
Forbes has been tracking MLB franchise values since 1998, and the Yankees have never relinquished their spot at the top.
The Yankees are a big-market team. And New York Mets owner Steve Cohen is the richest owner in the sport. But the Yankees remain a global brand synonymous with MLB.
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