Friday, March 25, 2011

How To Live In A 5th Wheel

NEW YORK YANKEES ARE WORTH MILLIONS OF DOLLARS 1.700, according to Forbes

New York .- The baseball team New York Yankees has a value of 1.700 billion, according to a list published Friday by Forbes magazine, which also notes that its competitors Mets have lost 13% of its value and is ranked number five.

The New York team will follow the Boston Red Sox (912 million), Los Angeles Dodgers (800 million), Chicago Cubs (773 million) and the New York Mets (747 million), followed by the Philadelphia Phillies, San Francisco Giants Texas Rangers, Angels of Anaheim (Los Angeles) and Chicago White Sox.

The magazine notes that the average price of a franchise of Major League Baseball (MLB, for its acronym in English) is $ 523 million, 7% more than a year ago.

This increase in value is explained, as published by higher revenues due to the construction of new stadiums, as has happened with the Yankees, who have seen sales increase and is crowned by fourteen consecutive years as the more valuable. The Minnesota Twins

grew 21% to 490 million or the Florida Marlins will have new facilities in 2012, made the 13% to 375 million for that reason, while teams of Cincinnati (Ohio) and Philadelphia, grew up their ratings television audiences.

However, the New York Mets, San Diego Padres and Cleveland Indians, lost value, and in the case of the New York team the percentage was 13%, according to Forbes, which explains that this team has been affected in the process of finding a new buyer.

Current Mets owners Fred and Jeff Wilpon and Saul Katz, also have been involved in asset recovery process that follows the Irving Picard trust to compensate victims of imprisoned exfinanciero Bernard Madoff, head of a of the biggest frauds in U.S. history. Picard

accused the Mets' owners have benefited of that fraud, while Wilpon and Katz have countered with another lawsuit against Picard, who say it has manufactured these charges for which they claim one billion dollars.

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