Stan Kroenke to Buy Los Angeles Angels for Record $4 Billion
Stan Kroenker has agreed to purchase the Los Angeles Angels and its regional sports network, Angels Broadcast Television, in a deal valued at $4 billion. This valuation represents 10 times the team's projected 2025 revenue, surpassing previous MLB deals like the San Diego Padres' sale for $3.9 billion with an eight-times-revenue multiple. CNBC has updated its valuations of all Major League Baseball teams based on this deal and other recent transactions. The average value per team is now estimated at $4.04 billion, a 37% increase since March 2026. The New York Yankees remain the most valuable franchise at $12 billion, while the Miami Marlins are still the least valued but have seen their worth rise by 57% to $2.2 billion. The valuation of sports teams is increasingly influenced by location and market potential, as highlighted by recent high-profile deals such as Josh Kushner and Bob Iger's agreement to buy the Los Angeles Lakers for $12.5 billion.
Topics: Kroenke Sports Group Los Angeles Angels MLB sports team valuation