NEW YORK (CBSNewYork/AP) — Forbes estimates the New York Yankees are baseball’s most valuable team for the 18th straight year.

Forbes claimed Wednesday the Yankees are worth $3.2 billion, up from $2.5 billion last year and matching the Dallas Cowboys for the high among U.S. teams. Forbes estimated the Yankees’ revenue last year at $508 million.

READ MORE: Police Open Fire After Pulling Over Suspected Car Thief On West Side Highway

The magazine estimated the Dodgers are worth $2.4 billion and World Series champion San Francisco at $2 billion. It pegged the average worth of an MLB team is $1.2 billion, an increase of 48 percent from last year.

READ MORE: Caught On Video: Car Bursts Into Flames In Hell's Kitchen

Forbes had the frugal Mets valued at $1.35 billion, good for seventh on the list.

Forbes assigned Real Madrid the high value among all teams in all sports at $3.44 billion.

MORE NEWS: Belmont Stakes Tickets Go On Sale Thursday

(TM and © Copyright 2015 CBS Radio Inc. and its relevant subsidiaries. CBS RADIO and EYE Logo TM and Copyright 2015 CBS Broadcasting Inc. Used under license. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. The Associated Press contributed to this report.)