Yankees Overtake Manchester United as Most Valuable Team Brand
June 14, 2010 · Greg Cohen · Jump to comments
Article Source: Bleacher Report - New York Yankees
From Forbes :
Add another accolade to the Steinbrenner family trophy case. Their New York Yankees have dethroned Manchester United as the world’s most valuable team brand. It is the first time since we started tracking brand value–the portion of a team’s overall value that is derived from its name as opposed to its market and league–across sports three years ago that the Bronx Bombers have topped our list.
The Yankees brand is worth $328 million (21% of their $1.6 billion total team value), while we calculate the Man U name to be worth $285 million (16% of their $1.835 billion value). The two teams swapped spots as the Yankees saw a merchandising frenzy that came as a results of their 27th World Series title and the opening of their new stadium. Gross sales of World Series and Yankees championship-emblazoned products totaled $450 million last year, while the new ballpark spurred 40% growth in sponsorship revenue. Local TV ratings on YES Network (Forbes is a partner in a show on YES) were up 11%, even as most baseball teams saw ratings decline. Also helping push the Yanks to the top was the strengthening of the U.S. dollar, which gained 17% on the British pound over the 12-month period we reviewed.
Here’s the complete top ten list:
1. New York Yankees – $328 Million
2. Manchester United – $285 Million
3. Real Madrid – $240 Million
4. Dallas Cowboys – $208 Million
5. F.C. Barcelona – $180 Million
6. Bayern Munich – $178 Million
7. Arsenal – $176 Million
8. Boston Red Sox – $163 Million
9. New York Mets – $158 Million
10. New England Patriots – $156 Million
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