Four billion dollars is the agreed price for MLB's Los Angeles Angels, a figure that covers the franchise and its regional sports network as a single package. The buyer, Kroenke Sports and Entertainment, carries a valuation of more than $26 billion on CNBC's most recent ranking of the world's most valuable sports empires.
The $4 billion encompasses two named assets: the team and the broadcast network. No allocation between the two has been made public. The transaction brings an MLB franchise into a Kroenke Sports and Entertainment portfolio that CNBC's ranking places at more than $26 billion.
| Asset | Figure | Basis |
|---|---|---|
| Angels franchise + regional network | $4 billion | Agreed purchase price |
| Kroenke Sports and Entertainment | >$26 billion | CNBC ranking |
Stan Kroenke's agreement to buy the Angels represents his entry into baseball, a sport previously absent from the Kroenke portfolio. The CNBC figure is the only public benchmark for the acquirer's scale heading into this deal.