Forbes released its annual list of the top valued baseball teams and yes the Giants made the list.
The New York Yankees remain at the top of the list with a value of $1.7 billion. San Francisco ranked No. 7 with an increased value of $563 million - a bump of 16-percent (thank you World Series).
Forbes found the average team is worth $523 million, which is an all time high.
The credit for a seven percent increase in overall value, according to Forbes, is new ballparks and regional sports networks. They boosted revenues to $6.1 billion for baseball's 30 teams.
1-YEAR CHANGE IN VALUE %
OPERATING INCOME ($mil)
New York Yankees
Boston Red Sox
John Henry, Thomas Werner
Los Angeles Dodgers
New York Mets
Fred Wilpon, Saul Katz
San Francisco Giants
Ray Davis, Bob Simpson
Los Angeles Angels of Anaheim
Chicago White Sox
Raw Video: Spring Training in Full Swing
Forbes also wrote about the dark side of the game in this month's issue. It blames "reckless ownership and lax debt policies within Major League Baseball for allowed popular teams like the Texas Rangers, Los Angeles Dodgers and most recently, the New York Mets to amass mountains of debt."
In investigating the Mets’ involvement with Bernie Madoff and the team’s subsequent debt problems, Forbes concludes that it will be challenge for Fred Wilpon and Saul Katz to retain majority ownership.