Forbes List Of The Most Valuable Mlb Clubs

The valuations are composed of the monetary worth of the sport, market, stadium deals, and brand. These areas are supported by applying financial metrics such as debt and operating income to each one.

The latest ranking reported that the New York Yankees is the most valuable MLB franchise after the 2021 MLB season. The fastest growing MLB franchise is the New York Yankees as well, with a 50% increase in valuation since the 2017 MLB season ($4 to $6 billion). The Yankees have held the crown for the most valuable MLB franchise since the inaugural ranking, which was released after the 1998 MLB season.

Several media outlets have referenced in related news or conducts analytic journalism when the ranking comes out, such as USA Today and Yahoo!. The MLB has recognized the renditions of the ranking in financial documents, although not publicly. The report has also applied more context to MLB trends, such as the root of the 2021–22 MLB lockout being that owners were getting more money while players/employees were getting less despite growing valuations. This was further illustrated by the next edition of the ranking after the lockout, where nearly every MLB franchise has been growing, although MLB is decidedly the slowest among the "Big Four" leagues along with the MLS.

Rankings as of March 23, 2023 (2022 MLB season)

Rank	Swing	Team	Territory	Value	Change	Debt	Revenue	Operating Income
#1		New York Yankees	New York	$7.1 billion	54.3%	0%	$657 million	$16 million
#2		Los Angeles Dodgers	California	$4.8 billion	45.5%	9%	$581 million	$14 million
#3		Boston Red Sox	Massachusetts	$4.5 billion	40.6%	0%	$513 million	$72 million
#4		Chicago Cubs	Illinois	$4.1 billion	32.3%	10%	$451 million	$57 million
#5		San Francisco Giants	California	$3.7 billion	23.3%	4%	$421 million	$75 million
#6		New York Mets	New York	$2.9 billion	26.1%	16%	$374 million	–$138 million
#7	2	Los Angeles Angels	California	$2.7 billion	42.1%	0%	$371 million	$36 million
#8	4	Atlanta Braves	Georgia	$2.6 billion	52.9%	18%	$425 million	$51 million
#9	1	Philadelphia Phillies	Pennsylvania	$2.575 billion	35.5%	5%	$398 million	–$3.7 million
#10	3	St. Louis Cardinals	Missouri	$2.55 billion	21.4%	8%	$358 million	$43 million
#11		Houston Astros	Texas	$2.25 billion	25%	13%	$407 million	$44 million
#12	1	Texas Rangers	Texas	$2.225 billion	30.9%	31%	$366 million	$58 million
#13	2	Seattle Mariners	Washington	$2.2 billion	37.5%	9%	$363 million	$86 million
#14	2	Toronto Blue Jays	Ontario	$2.1 billion	40%	0%	$294 million	–$34 million
#15	1	Chicago White Sox	Illinois	$2.05 billion	28.1%	7%	$276 million	–$53 million
#16	6	Washington Nationals	Washington, D.C.	$2 billion	11.1%	25%	$356 million	$45 million
#17		San Diego Padres	California	$1.75 billion	25%	17%	$324 million	–$53 million
#18	2	Baltimore Orioles	Maryland	$1.713 billion	31.8%	13%	$264 million	$57 million
#19	6	Milwaukee Brewers	Wisconsin	$1.605 billion	33.75%	9%	$294 million	$23 million
#20	3	Colorado Rockies	Colorado	$1.475 billion	22.9%	8%	$286 million	–$9.1 million
#21	3	Detroit Tigers	Michigan	$1.45 billion	11.5%	12%	$260 million	–$26 million
#22		Minnesota Twins	Minnesota	$1.39 billion	15.8%	20%	$267 million	–$27 million
#23	4	Arizona Diamondbacks	Arizona	$1.38 billion	6.2%	9%	$276 million	$30 million
#24	3	Pittsburgh Pirates	Pennsylvania	$1.32 billion	1.5%	11%	$262 million	$55 million
#25	1	Cleveland Guardians	Ohio	$1.3 billion	8.3%	8%	$268 million	$40 million
#26	3	Tampa Bay Rays	Florida	$1.25 billion	25%	10%	$248 million	$9.5 million
#27	1	Kansas City Royals	Missouri	$1.2 billion	20%	23%	$260 million	$33 million
#28	2	Cincinnati Reds	Ohio	$1.19 billion	8.2%	13%	$250 million	–$9.6 million
#29	2	Oakland Athletics	California	$1.18 billion	7.3%	13%	$212 million	$29 million
#30		Miami Marlins	Florida	$1 billion	0%	40%	$238 million	–$0.5 million

• Forbes' list of the most valuable sports teams
• List of professional sports leagues by revenue