Yankees Ranked World's Fifth Most Valuable Team

(Zell's Pinstripe Blog)

Forbes just released the latest list of the most valuable sports teams in all of sports. Manchester United leads the class with a value of $1.8 billion. The New York Yankees are ranked No. 5 on the list, right behind the New England Patriots.

It’s amazing how all these teams are starting to surpass the billion dollar mark. At the end of 2008, there were 24 teams in sports worth $1 billion.

In baseball, the Yankees stand alone. No other team in the MLB has passed $1 billion. From the Forbes list in early 2008, they said that the Mets were second at $824 million and the Red Sox third at $816 million.

Top 10 Most Valuable Teams in Sports

Manchester United: $1.8 billion

Dallas Cowboys: $1.6 billion

Washington Red Skins: $1.5 billion

New England Patriots: $1.32 billion

New York Yankees: $1.3 billion

Real Madrid: $1.29 billion

Arsenal: $1.2 billion

New York Giants: $1.18 billion

New York Jets: $1.17 billion

Houston Texans: $1.17 billion

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This day in Yankees History...Mickey Mantle becomes the highest paid baseball player when he signs a $75,000 contract for the 1961 season.

89 days Until Home Opener: April 16, 2009.