They say you have to spend money to make money. When that aphorism is applied to the New York Yankees, though, it’s only sort of true.
Forbes dropped its list of the 50 most valuable sports franchises in the world on Tuesday, via SportsMoney writer Kurt Badenhausen. The Dallas Cowboys placed first with a price tag of $5 billion; the Bombers came in second at $4.6 billion.
Per Forbes, Hal Steinbrenner’s cash cow experienced 15 percent year-over-year growth. New York occupied fifth place on the 2018 list, with a valuation of $4 billion and three soccer clubs in between them and the first-place Cowboys.