The World Series champion New York Yankees are worth nearly twice as much as any other team in baseball, according to the annual estimates by Forbes magazine.
The Yankees were valued at $1.6 billion, Forbes said Wednesday, up 7 percent from a $1.5 billion value last year. The magazine said the team had $441 million in net revenue in the first season at its new ballpark after paying to baseball’s revenue sharing program and financing the stadium.
Boston was next, going up 4 percent to $870 million and was followed by the New York Mets, who dropped 6 percent to $858 million after a 70-92 record in their first season at Citi Field.
The Los Angeles Dodgers, caught in divorce proceedings of owners Frank and Jamie McCourt, were fourth with a 1 percent increase to $727 million, $1 million more than the Chicago Cubs under new owner Tom Ricketts.
The Seattle Mariners, with an value of $439 million, were ranked 14th among the 30 big-league teams – right between the Atlanta Braves ($450 million) and San Diego Padres ($408 million).
Pittsburgh was last at $289 million, just below Oakland, which dropped 8 percent to $295 million.
Cubs top ticket prices
The Chicago Cubs have the highest-priced tickets for regular seats in the majors, overtaking the New York Yankees and Boston Red Sox.
Tickets at Wrigley Field for non-premium sections average $52.56 this season after a 10.1 percent increase, the Team Marketing Report said.
Boston’s Fenway Park was second at $52.32 following a 4.1 percent hike. At Yankee Stadium, the average was $51.83, up 0.4 percent.
The Arizona Diamondbacks have the lowest average at $14.31. The overall average in the big leagues was $26.74, up 1.5 percent.
Hall of Fame outfielder Willie Mays, tennis player Billie Jean King and entertainer Harry Belafonte will receive Major League Baseball’s Beacon Awards as part of the Civil Rights Game festivities next month at Great American Ballpark in Cincinnati. … Kansas City Royals right-hander Gil Meche will likely come off the disabled list (shoulder bursitis) and make his first start Sunday against the Boston Red Sox. … Baltimore Orioles left fielder Felix Pie is out of the starting lineup for the next couple of days because of a left rotator cuff strain. … Nelson Figueroa has been claimed off waivers by the Philadelphia Phillies, who hope the right-hander can bolster an injury-depleted bullpen.