Yankees worth big league-high $3.7 billion

Yankees worth big league-high $3.7 billion

Yankees worth big league-high $3.7 billion

The Yankees generate more than $526 million in revenue (after revenue sharing), more than any other team, according to Forbes, with an operating income of $39 million.

Boston was third, at $2.7 billion, followed by the Chicago Cubs ($2.675 billion), San Francisco ($2.65 billion) and New York Mets ($2 billion).

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The Padres' recent string of losing seasons has not kept the franchise's value from rising. That's up 4% from a year ago but only ranks No. 18 in the majors. If the Phillies have a losing season in 2017, which is expected, it will be their sixth straight losing season. For example, the St. Louis Cardinals have a $1 billion TV deal about to start next year through 2032 with FOX Sports Midwest.

New York Yankees catcher Gary Sanchez during an at bat against the Tampa Bay Rays. General manager Matt Klentak has repeatedly said the ownership is prepared to make the necessary financial resources available. Younger players, especially ones that haven't reached arbitration yet, are by definition cheaper, because they haven't earned higher salaries yet.

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Notably, the Phillies led Major League Baseball in operating income with a surplus of $87.7 million.

That added capital should work wonders for the team over the next two decades. Salaries are expected to balloon over the next five years, with speculation that Bryce Harper, Mike Trout and Manny Machado all could eventually receive long-term contracts worth more than $40 million annually. With revenue increasing faster than costs, many teams are in the black right now.

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