Ten MLB Teams Decline In Value

One-third of Major League Baseball teams declined in value over the past year, according to the annual estimates by Forbes magazine. The Cardinals, valued at $486 million and ranked eighth on the list, did not experience any change in value over the past year, while the top-ranked New York Yankees’ worth increased 15 percent to $1.5 billion.
STL Today

Now in their 12th year, Michael K. Ozanian and Kurt Badenhausen have published the 2009 MLB franchise valuations for Forbes, and with it, the downturn in the economy has cast its shadow across the league.
The Biz Of Baseball