Forbes has a special report on the business of baseball. Unsurprisingly, the Yankees rank number one in total worth with the Red Sox number two and the Mets number three. However, I am surprised that the Yankees, at $1.6 billion (yes, with a ‘B’), are worth almost twice as much as Boston at $870 million.

In 2009, smack in the middle of the worst economy in seven decades, baseball’s 30 franchises turned in a record-high operating income [...]