Yankees and Dodgers in the World Series: MLB's most valuable teams go head to head

The Yankees and Dodgers will compete for the championship title and the Commissioner's Trophy

The two most-valuable teams in the MLB will go head-to-head in the World Series. First pitch is scheduled for 8:08 pm EST Friday.

Baseball fans will see the New York Yankees and the Los Angeles Dodgers, each worth billions of dollars, take the field Friday evening at Dodger Stadium for what will be the first of up to seven games to claim the World Series title.

The Yankees are worth more than any of the 29 other MLB teams

CLEVELAND, OHIO - OCTOBER 19: The New York Yankees celebrate after beating the Cleveland Guardians 5-2 in 10 innings to win Game Five of the American League Championship Series at Progressive Field on October 19, 2024 in Cleveland, Ohio. (Photo by Jason Miller/Getty Images)

CLEVELAND, OHIO - OCTOBER 19: The New York Yankees celebrate after beating the Cleveland Guardians 5-2 in 10 innings to win Game Five of the American League Championship Series at Progressive Field on October 19, 2024 in Cleveland, Ohio. (Photo by Ja (Jason Miller/Getty Images / Getty Images)

Forbes pegged the team’s value at a whopping $7.55 billion in March, landing it the No. 1 spot on the outlet’s 2024 edition of its yearly baseball team ranking. That first-place position has apparently belonged to the Yankees for 26 back-to-back years.

YANKEES-DODGERS WORLD SERIES AMONG MOST EXPENSIVE, FASTEST-SELLING OF ALL TIME ON SECONDARY MARKET

The $7.55 billion figure marked a 6% year-over-year increase in value for the team, per the outlet.

Meanwhile, the Dodgers boastest the second-highest MLB team value of $5.45 billion, according to the Forbes ranking of baseball teams. It saw a 14% jump in its worth from the prior year, driven by the Los Angeles-based team’s fans turning out in large numbers and its local media deal, per the outlet.

LOS ANGELES, CALIFORNIA - OCTOBER 20: The Los Angeles Dodgers celebrate the final out and a 10- 5 win over the New York Mets during Game 6 of the National League Championship Series at Dodger Stadium on October 20, 2024 in Los Angeles, California. (Photo by Harry How/Getty Images)

LOS ANGELES, CALIFORNIA - OCTOBER 20: The Los Angeles Dodgers celebrate the final out and a 10- 5 win over the New York Mets during Game 6 of the National League Championship Series at Dodger Stadium on October 20, 2024 in Los Angeles, California. (P (Harry How/Getty Images / Getty Images)

The teams vying for the championship title in the 2024 World Series also manage some of the biggest payrolls in the league, according to FanGraphs

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Data from FanGraphs suggested the payroll for the Yankees totaled $302 million and the Dodgers’ amounted to $325 million for 2024. Only one other team, the New York Mets, topped those figures with a $335 payroll projection, according to the site.

The last time the Yankees and Dodgers played each other for the World Series title was over four decades ago. In that 1981 six-game series, the Dodgers came out victorious, winning four games to two.

Winning the Commissioner’s Trophy this year would be a major accomplishment for either team. The Yankees want to notch their 28th time as champions, their first since 2009. For the Dodgers, it would be their eighth, with their last title coming in the shortened COVID season of 2020. 

Ohtani and judge

Shohei Ohtani and Aaron Judge headline a star-studded World Series. (Getty Images / Getty Images)

Last year’s World Series went to five games, with the Texas Rangers ultimately beating the Arizona Diamondbacks.

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