Patrick Bet-David argues that anyone trying to buy the New York Yankees today would need to think far beyond their current estimated value. His thesis: a buyer paying $20 billion would be betting on the franchise becoming dramatically more valuable over the next decade.
Published valuations remain below $20 billion. CNBC valued the Yankees at roughly $12 billion in 2026, while Forbes estimated $8.5 billion earlier in the year. These are estimates rather than an actual transaction price for the franchise. PBD's $100 billion figure is a forward-looking prediction, not an established valuation forecast. Growing from $20 billion to $100 billion over 10 years would require approximately 17.5% annual compounded appreciation throughout the decade. The Yankees remain controlled by the Steinbrenner family through Yankee Global Enterprises. The family has owned the franchise since a group led by George Steinbrenner purchased it from CBS in 1973, making its long-term appreciation one of sports' extraordinary business stories.