Forbes: Cincinnati Reds valued at $1.075 billion, fourth-lowest in MLB

Great American Ball Park, home of the Cincinnati Reds along the Ohio River Thursday June 27, 2019. (Photo: Cara Owsley/The Enquirer)

The Cincinnati Reds are valued at $1.075 billion, according to Forbes’ valuation, which is the fourth-lowest in Major League Baseball.

Forbes estimated the average MLB team is valued at $1.85 billion, a 4% rise from last year. It’s the lowest year-over-year rise since 2010. The values are unconfirmed and often rebutted by the league.

The valuation for the top five teams in the sport, according to Forbes: New York Yankees ($5 billion), Los Angeles Dodgers ($3.4 billion), Boston Red Sox ($3.3 billion), Chicago Cubs ($3.2 billion) and San Francisco Giants ($3.1…