That’s the average value of a Major League Baseball team, according to data compiled by Bloomberg.
The New York Yankees are worth $3.3 billion, making the 27-time World Series champion the most valuable franchise in the sport.
The Los Angeles Dodgers rank second at $2.1 billion, followed by the Boston Red Sox at $2.06 billion, the New York Mets at $2.05 billion and the Chicago Cubs at $1.3 billion.
In this year’s World Series, the American League champion Red Sox are playing the National League champion St. Louis Cardinals, who rank 15th with a total value of $805 million.
The Washington Nationals, no doubt a favorite team of many readers of this feature, are worth $850 million, making them the 13th most-valuable team.