The average value of a Major League Baseball franchise is now $811MM, a rise of nine percent from 2013 that can be largely attributed to an increase in TV revenue, according to Forbes Magazine's Mike Ozanian. For the 17th straight year, the Yankees (worth $2.5 billion) top Forbes' annual valuation of baseball's franchises. The Dodgers ($2 billion), Red Sox ($1.5 billion), Cubs ($1.2 billion) and Giants ($1 billion) also hit the ten-figure mark, while the Rays had the lowest value at $485MM. The Mets, Marlins and Astros were the only three franchises who saw their values drop from last year's...

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