I want my blog to be cool and since this will be the trendy blog story tomorrow, I’ll be cool now…
Google tells me…
NEW YORK — One-third of Major League Baseball teams declined in value over the past year while the New York Yankees’ worth increased 15 per cent to US$1.5 billion, according to the annual estimates by Forbes magazine.
The Washington Nationals took the biggest hit during the recession, down 12 per cent to US$406 million. The Atlanta Braves dropped 10 per cent and the Detroit Tigers and Seattle Mariners each were off nine per cent, the magazine said Wednesday.
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Bolstered by their new US$1.5-billion stadium, the Yankees showed the top increase and remained the most valuable franchise in the majors. The New York Mets, also boosted by a new ballpark, were second in value ($912 million) and increase (11 per cent). Boston (US$833 million), the Los Angeles Dodgers (US$722 million) and the Chicago Cubs (US$700 million) followed at the top.
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