Mets 32nd most valuable sports franchise in the world

–Michael Baron, MLB.com–

mets moneyThe Mets are ranked the 32nd most valuable sports franchise in the world, according to a report in Forbes Magazine.

The Mets are worth $1.35 billion, which ties them with Ferrari and the Pittsburgh Steelers, writes Kurt Badenhausen of Forbes.

The Real Madrid football club is the most valuable sports franchise in the world at $3.26 billion, followed by the Dallas Cowboys and New York Yankees at $3.2 billion.

The report states sports teams have an average net worth of $1.75 billion, up 31 percent from 2014. This is due to the increased revenue and profits from television contracts with national and regional sports networks.