New York Yankees

The first position on the list of the most expensive MLB teams is the New York Yankees. They are an American expert baseball crew primarily based totally withinside the New York City borough of the Bronx with a value of $6 billion. The Yankees compete in Major League Baseball (MLB) as a member of the American League (AL) East division. The Yankees started out playing withinside the 1901 season because of the Baltimore Orioles. In 1903, Frank Farrell and Bill Devery bought the franchise after it ceased operations and moved it to New York City, renaming the membership the New York Highlanders. The Highlanders have formally renamed the New York Yankees in 1913.

Regularly noted because the maximum a hit expert sports activities crew withinside the United States, the New York Yankees have received nineteen American League East Division titles, forty American League pennants, and twenty-seven World Series championships, which are all MLB records. The Yankees are owned with the aid of Yankee Global Enterprises, managed with the aid of Aaron Boone and Brian Cashman, and cooperated with the aid of Randy Levine.

Value: $6 billion

Location: New York City