Forbes: Yankees worth $1.3 billion (AP)

Courtesy Yahoo! Sports - Top News  Wed, 04/16/2008 - 17:35

The New York Yankees' value increased to $1.306 billion over the past year, according to the annual estimates by Forbes magazine, a rise of 9 percent over the past year.

The New York Mets were second at $824 million and the Boston Red Sox third at $816 million, the magazine said Wednesday.

After that, there was a big gap to the Los Angeles Dodgers ($694 million) and the Chicago Cubs ($642 million).

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