While the average NBA team saw its value jump 13% from the previous year, the average MLB team saw it's worth increase 8%, according to an annual assessment by Forbes.

The average baseball team is now worth $1.78 billion.

Forbes notes that in its over 22 years assessing teams' values, the average baseball team value has seen an 11% compound annual rate of growth.

Teams with the most value are still the ones in big media markets. The Yankees top the list at $4.6 billion, up 15 percent from 2018.

The Yankees are followed by the Los Angeles Dodgers, who came in second at $3.3 billion.

The World Series champion Boston Red Sox, who came in at $3.2 billion, are third, while the Chicago Cubs ($3.1 billion), San Francisco Giants ($3 billion) and the New York Mets ($2.3 billion) round out the top six.

The Toronto Blue Jays ($1.5 billion) are the No. 16 most valued franchise of the 32 MLB teams.

There is still a big gap between rich and poor teams, particularly the Florida teams. The Miami Marlins were listed as the least valuable team at $1 billion, just barely behind the Tampa Bay Rays($1.01 billion).

Broadcasting rights remain a big reason for MLB's profits. MLB and Fox struck a deal in November for seven years and $5.1 billion, which was a 36% increase from the previous deal. MLB also agreed to a new streaming deal with DAZN for $300 million over three years.