« Citigroup Cuts Dell to Sell | Main | Dell Is Below $27 »

According to Forbes, the New York Yankees are the first baseball team to be worth over $1 billion. Forbes estimated the Yankees had $50 million operating loss.

The Boston Red Sox were pegged with the second-highest value at $617 million, followed by the New York Mets ($604 million), Los Angeles Dodgers ($482 million), Chicago Cubs ($448 million) and Washington Nationals ($440 million).

Tampa Bay was last among the 30 teams at $209 million.

The Yankees are 7-7, tied for last with Tampa Bay.

Posted by edelfenbein at April 21, 2006 9:17 AM