Not surprisingly, the New York Yankees were the highest-valued franchise at $1.7 billion. Despite a mind-boggling payroll, the Yankees make so much money they turned a $25.7 million profit last season. Every team turned a profit except the Red Sox, Tigers and Mets, actually.
The Red Sox had an operating income of negative $1.1 million. The Mets lost $6.2 million and the Tigers were a disastrous negative $29.1 million.
Also, the Mets franchise value took a 13 percent hit, though it's not exactly the Pirates, as the Mets' value was listed at $747 million. The only other franchise to lose value was the Indians, who took a 10 percent hit. The Padres were the third team to not gain value, as there was no change.
Interestingly, the Padres had the highest operating income, at $37.2 million. The Nationals checked in second at $36.6 million. Remember, the Nationals have the richest owner in baseball -- Ted Lerner -- so the road is definitely paved for the Nats to drastically increase payroll should they decide to do so. As I've written before, don't count them out as being a major player by the end of this decade.
The Rangers saw the highest increase in value with the Giants third, which makes sense considering they played in the World Series. The Twins saw the second-highest increase in franchise value, which coincided with opening their new home park, Target Field.
After the Yankees, the rest of the top five franchises in value are the Red Sox, Dodgers, Cubs and Mets.
Check out the full chart by clicking here .
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