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Springfield, MO

What's the most valuable team in MLB?

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The New York Yankees are the most valuable team in baseball, and they're still growing.

The Yankees are now worth $4 billion, an 8 percent increase from last year, according to the newest estimates from Forbes.

The average Major League Baseball team is valued at $1.6 billion, a 7 percent increase from last year.

Read more from Fox Business.

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