Yes, ley is in the scrabble dictionary

...and is worth 6 points by itself.

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Ley Definition

noun

Variant of lea.
from The American Heritage Dictionary of the English Language, 4th Edition

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Top Words by points

Points

ley

6

2 letter words with LEY

Points

el

2

ye

5

3 letter words with LEY

Points

ley

6

lye

6

Found 4 words in 0.10797 seconds