Forbes Magazine ranks the Cleveland Indians as baseball's 27th most valuable team. The magazine puts the team's worth at 920 million dollars, just behind the Cincinnati Reds, a team valued at 915 million. The New York Yankees are ranked as the most valuable team for the 20th straight year at 3.7 billion dollars, up 9 percent from last year. Baseball's average team value rose 19 percent to 1.54 billion because of new local television deals, as well as a "surge in profitability."
Forbes Ranks Indians 27th, Reds 26th Most Valuable Baseball Teams

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