Everyone knows that America’s greatest pastime is baseball. With countless fans across the country that have invested in a sport and its players for well over 100 years, it’s no surprise that a good amount of money has been poured into the MLB as a whole. However, certain franchises have managed to take the lead when it comes to value, accounting for a large majority of the league’s overall wealth. Here we take a look at the top three richest baseball organizations in 2021.
New York Yankees
The New York Yankees have long been known for the massive amount of revenue they generate. The most well-known team in the U.S. and abroad, with the loudest fans around, the Yanks are currently valued at a whopping $5.25 billion. Since the franchise is undoubtedly the biggest in the professional baseball market, this number steadily rises each year. Around this same level in other leagues are the Dallas Cowboys of the NFL valued at approximately $5.7 billion and the New York Knicks of the NBA with $5 billion.
Los Angeles Dodgers
In second place are the L.A. Dodgers who are worth $3.5 billion, as of 2021. The franchise is also one of the most successful in the MLB, having won a total of 7 World Series titles, plus an incredible 24 NL pennants. They secured their most recent victory just last year when they won the series 4 games to 2 against the Tampa Bay Rays. In fact, as the Championship game is right around the corner in October, World Series Winner Betting Odds place the Dodgers at a top spot yet again, the franchise most likely to take home the coveted Commissioner’s Trophy for a second time in 2021. One thing’s for certain – if they keep their winning streak alive, even more revenue will be generated for the organization.
The oldest major league baseball park that is still used today, Fenway Park is the 109-year-old home of the Boston Red Sox
Boston Red Sox
Because of their unique and distinct history, the Boston Red Sox will always be a national symbol of baseball in America. Even after so many years, they continue to be one of the top-grossing teams in the league, currently valued at $3.4 billion. Not to mention their home base is Boston, a dream destination for baseball and its fans. Each year Fenway Park attracts numerous tourists looking to have a tour of the oldest active stadium in America, and maybe even watch a live game.
It’s also interesting to note that, despite the MLB’s lucrative prosperity, it is the NFL that takes the lead in terms of total wealth. The NFL is the golden goose of American sports, targeting a revenue of $25 billion by the year 2027.