Blog Entry

Yankees at No. 3 in sports' most valuable teams

Posted on: July 14, 2011 1:16 pm
Edited on: July 14, 2011 1:50 pm
  •  
 
By Evan Brunell

Forbes has broken out its most monetarily valuable sports teams, ranking the top 50.

Americans may be surprised to know there's a soccer team at the top, but Manchester United is a powerful force over in England fresh off winning its 19th Premier League title. Past that, however, football utterly dominates the list with all 32 teams making it with the lowest at No. 45 (Jacksonville Jaguars).

That just speaks to the sway that football has over the American public. No other league even comes close to rivaling football's value on an individual-team basis. Soccer had the next most representatives with eight, while baseball saw six representatives.

The first of the six is the Yankees, valued at $1.7 billion, which is 86 percent more than the next team on the list in the Red Sox, who rank all the way down at 31 with $912 million. After that is the Dodgers with a value of $800 million ranked 38th. No wonder Frank McCourt is trying to hang onto the team so desperately.

The Cubs are next at 42 with a valuation of $773 million, followed by the Mets -- who have their own money problems -- at 44 with $747 million. Rounding out the big-six list for baseball are the Phillies in the 50-spot, valued at $609 million.

For more baseball news, rumors and analysis, follow @cbssportsmlb on Twitter or subscribe to the RSS feed.
  •  
Comments
hotmeuly
Since: Dec 2, 2011
Posted on: December 21, 2011 8:58 pm
This comment has been removed.

Post Deleted by Administrator




Since: Dec 2, 2011
Posted on: December 5, 2011 4:07 am
 

Yankees at No. 3 in sports' most valuable teams

I have never found of here for one's insignificant when contemplating I thought it was making tedious, although the very best trendy topics are amazing quality my wife and i extensively guess I'll are individuals goodness me no- my current commonly bloglist



Since: Apr 5, 2007
Posted on: July 15, 2011 10:26 am
 

Yankees at No. 3 in sports' most valuable teams

I wonder if anyone will find this surprising.  CBS knows they'll get clicks if they can somehow get "Yankees" in the headline; the story is really that the NFL is the biggest sport in America.  Again, anyone surprised to learn this?



Since: Jun 27, 2011
Posted on: July 15, 2011 1:46 am
 

Yankees at No. 3 in sports' most valuable teams

where r the nba teams?



Since: Aug 19, 2006
Posted on: July 14, 2011 11:48 pm
 

Yankees at No. 3 in sports' most valuable teams

 The reason for that is TV revenue. NFL is a cash cow because of TV revenue. Baseball is only popular in big cities because of their lack of a salary cap. Fans in small markets have no reason to go to a game or even watch on TV and advertisers / tv networks know that. Baseball needs to fix the broken salary system or they will just keep slippin down the list.



Since: Mar 21, 2010
Posted on: July 14, 2011 10:30 pm
 

Yankees at No. 3 in sports' most valuable teams

This article from Forbes magazine confirmed what I already knew which is that football not baseball is America's pasttime.

The NFL has grown explosively over the past 25 years as TV revenue jumped 700%.
This line from the opening of the article really speaks volumes about the NFL's growth, but they (the NFL) should thank Major League Baseball because the after effects from the cancelled 1994 World Series are still being felt as professional baseball in Canada is all but dead (see: Montreal Expos) and regular season NFL games do better in head-to-head competition in the Nielsen ratings against the World Series (see: the Nielsen ratings from Halloween night 2010).

I am also not shocked that the New York Yankees are number three on the list. When the late George Steinbrenner took over the team in the early 1970's his mantra was 'in order to make money you got to spend money', so you can see that the mindset was put in place by him that winning was nice and all but making boatloads of money is just as important if not more important.

So in conclusion this article confirms that football is America's pasttime, baseball is America's former pasttime, and the NBA and NHL are America's afterthoughts.



Since: Apr 25, 2008
Posted on: July 14, 2011 2:33 pm
 

Yankees at No. 3 in sports' most valuable teams

if the nfl did not have the tv revenue sharing i bet a lot of those nfl teams would not be on this list and the dallas cowboys would be #1 if they were allowed to sell national tv rights with out having to give any to anyone else. 




Since: Aug 17, 2006
Posted on: July 14, 2011 2:28 pm
 

Yankees at No. 3 in sports' most valuable teams

Indy-Philly...it's not so hard to believe when you consider that the NFL represents an intricate blend of socialism (the NFL and TV Networks distribute billions of dollars evenly among all teams) and capitalism (each team creates and conducts transactions with local TV, radio, and vendors and each team gets a percentage of jersey and other NFL item sales)...in the system that the NFL created, no team could be worth less than $500 million, regardless of attendance figures...



Since: Feb 2, 2009
Posted on: July 14, 2011 2:26 pm
 

Yankees at No. 3 in sports' most valuable teams

back in 06 the mets hadda be towards the top 10, right?



Since: Jul 4, 2011
Posted on: July 14, 2011 1:56 pm
 

Yankees at No. 3 in sports' most valuable teams

It's hard to believe that the Jags and the Raiders who struggle to sell out even the biggest games of the year, are worth more than the Phillies who can easily sell out the most vapid of day games.


The views expressed in this blog are solely those of the author and do not reflect the views of CBS Sports or CBSSports.com