FORBES magazine has released its 2015 list of MLB team values—and the Red Sox come in at number three. Not surprisingly, The Bronx Embalmers top the list with a valuation of $3.2 billion. The Dodgers come in second, worth $2.4 billion, while the Red Sox chime in next at $2.1 billion. Forbes calls the figures "enterprise values"—that is, a calculation of equity plus net debt. Overall, Major League Baseball itself is valued at a whopping $36 billion—with an average team value of $1.2 billion (up 48% since 2014).