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Colorado Rockies valued at nearly $1.3B according to new Forbes list

The Rockies rank 21st out of 30 Major League Baseball teams in terms of valuation.
Credit: AP
Colroado Rockies co-owner Dick Monfort wears a pair of purple tennis shoes with his gray suit as he takes in his team's batting practice before hosting the San Diego Padres in the first inning of a baseball game Friday, April 8, 2016, in Denver. (AP Photo/David Zalubowski)

NEW YORK — The Colorado Rockies aren't for sale. 

Even if they were, very few people could afford to buy the team. 

According to the new Forbes valuations of each MLB franchise, the Rockies are worth a cool $1.275 billion. That's 21st out of 30 teams and up four percent from where the team was valued last year. 

Forbes estimates the New York Yankees are baseball’s most valuable franchise at $5 billion. That is up nine percent over last year and 47 percent more than the No. 2 Los Angeles Dodgers at $3.4 billion. 

The Yankees are second among all sports in Forbes’ evaluations to the Dallas Cowboys. That team was listed at $5.5 billion in the last NFL ranking. 

The Boston Red Sox are third at $3.3 billion and the Chicago Cubs fourth at $3.2 billion. Miami was last at $980 million, a drop of $20 million. 

MLB's average team value rose four percent from last year to $1.85 billion.

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