New York Yankees

You don't need to know much about baseball to recognize the New York Yankees and their iconic emblem, which is frequently seen on fitted caps and snapbacks. It's no surprise that they're the only MLB team valued at more than $4 billion, with a total value of $5.25 billion. Despite the fact that the squad hasn't won a championship in nearly 15 years.

The New York Yankees are the only Major League Baseball team among the top ten wealthiest sports franchises, with a valuation of $5.25 billion, up 20% over last year. The Yankees have risen from fifth place in 2018 to second place now. The franchise's most recent championship was in 2009, although it owns the most World Series titles of any MLB team with 27.

The Steinbrenner family bought the team in 1973 and has owned it since then.

• Sports league: MLB
• Owners: Steinbrenner family

Value: $5.25 billion