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Forbes Ranks Indians 27th, Reds 26th Most Valuable Baseball Teams

Apr 13, 2017

Credit gamblerspalace.com

Forbes Magazine ranks the Cleveland Indians as baseball's 27th most valuable team.

The magazine puts the team's worth at 920 million dollars, just behind the Cincinnati Reds, a team valued at 915 million. The New York Yankees are ranked as the most valuable team for the 20th straight year at 3.7 billion dollars, up 9 percent from last year. Baseball's average team value rose 19 percent to 1.54 billion because of new local television deals, as well as a "surge in profitability."