Frank McCourt

If sold, how much would Yankees fetch?

Upward to $3 billion

Steve Gould

Baltimore Sun

An awful lot of money. We're talking way more than any American sports team has been sold for before.

Forbes valued the Yankees at $1.85 billion in March, and the general belief among experts and analysts seems to be that, in the wake of the Dodgers' being sold for $2.15 billion later that month, the Yankees would command about $3 billion.

Much of that value is tied to the team's stake in YES, its regional sports network. The Yankees own one-third of YES, which, according to Forbes, brought in $224 million in operating income in...