Yankees Beat Cowboys to Win Title to Most Valuable Sports Team
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.
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