Forbes: Yankees, Red Sox Most Valuable Baseball Teams, Mets Value Down -13%

By Alex Weprin 

Forbes released its annual list of Major League Baseball team valuations.

As usual, the New York Yankees and Boston Red Sox top the list, valued at $1.7 billion and $912 million, respectively.

Of the top 10 most valuable teams, all were worth more than last year, with one exception: The New York Mets. Plagued by financial issues, the Mets were valued at $747 million, down -13% from 2010.

The average value for an MLB team was up +7% to $523 million, while new ballparks and regional sports nets boosted revenue by +4% to $6.1 billion for the 30 teams.

More information from Forbes, here.