Mets ranked sixth most valuable team in baseball

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At $811 million, the Mets are the sixth most valuable team in baseball, according to Forbes. THE COURIER/Photo by Terence M. Cullen
At $811 million, the Mets are the sixth most valuable team in baseball, according to Forbes.

The Mets are the sixth most valuable team in Major League Baseball according to Forbes, possibly putting to rest concerns the team is underwater on the financial front.

Forbes listed the Amazin’s value at $811 million – a 13-percent increase from last year. The crosstown rival Yankees ranked first with a $2.3 billion worth.

Between the two teams are the L.A. Dodgers, Boston Red Sox, Chicago Cubs and Philadelphia Phillies, respectively. The San Francisco Giants, who played at the Polo Grounds until 1957, ranked just behind the Mets – worth $786 million.

With the average value of a team at about $744 million, the Mets just place above the norm despite financial woes since the Bernie Madoff Ponzi Scheme reportedly put the Mets’ bank account in the red.

Co-owner Fred Wilpon said earlier this year, however, that the team was on its way back up and all money lost nearly five years ago has been remade.

 

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