When it comes to valuations of sports teams, the New York Yankees are king of the hill and top of the heap.
The Bronx Bombers are worth $7.01 billion — beating out the NFL’s Dallas Cowboys for the title of most valuable franchise.
The Cowboys are the second most valuable team with a valuation of $6.92 billion, according to the news site Sportico, which factored in metrics such as revenue, real estate, and related businesses.
The NBA’s New York Knicks ($6.12 billion) and the Golden State Warriors ($6.03 billion) are the only other sports franchises whose valuations are north of $6 billion.
The rankings were done based on figures from 2019 — the last full season that was played before the pandemic.
According to Sportico, the Yankees generated $700 million in revenue in 2019 — the highest in all of Major League Baseball.
The Yankees also generate an additional $300 million in cash flow every year from its ownership of YES, the regional sports network that broadcasts Yankees and Brooklyn Nets games.
Sports Buzzer 