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Around the Empire: Yankees news - 7/17/15

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LoHud | Chad Jennings: What the Yankees do at the trade deadline will likely define what the future of the team will be. Keeping prospects like Luis Severino, Aaron Judge, and Greg Bird, who are nearly MLB-ready, could form a new homegrown core. They are also good enough that trading them away could fetch the team a high profile player from another team.

CBS Sports | Matt Snyder: Forbes has released its list of the 50 most valuable franchises in sports and the Yankees trail only Real Madrid in the rankings. Twelve of the 50 teams are MLB teams, kind of punching a hole in the idea that baseball is dying. | Brendan Kuty: Catching prospect Gary Sanchez has always had the talent to impress, but a couple disappointing seasons had put his drive into serious question. His struggles behind the plate and attitude issues did nothing to calm the fears about his future, but GM Brian Cashman attributes Sanchez's improved numbers to his hunger finally matching his incredible talent.

Newsday | Neil Best: The Yankees' success this season has likely taken the national networks by surprise. The team doesn't have a ton of games on ESPN or FOX left in the second half, possibly because those networks figured that the AL  East division leaders would be long out of the playoff hunt by the second half. Oops. | Ryan Hatch: Right fielder Carlos Beltran is set to return from the disabled list as early as today, but the Yankees probably should stop using him as an every day outfielder. His defense, ranking 17th among 20 right fielders, is a liability, and his bat hasn't been good enough to justify the risk.