Stan Kroenke has agreed to purchase the Los Angeles Angels from the Moreno family in a deal valuing the MLB team and its regional sports network, Angels Broadcast Television, at $4 billion, according to CNBC. The transaction marks the richest valuation in Major League Baseball history.
The price tag represents roughly 10 times the Angels’ 2025 revenue, based on CNBC’s earlier MLB valuations. By comparison, the San Diego Padres’ $3.9 billion sale to José Feliciano and Kwanza Jones—approved by the league last month—was struck at a multiple of eight times revenue, CNBC reported.
New league-wide numbers
Following the Angels deal, CNBC updated its franchise valuations, concentrating on valuation-to-revenue ratios along with market and stadium economics. The average MLB team is now worth $4.04 billion, a 37% jump from the March rankings.
The New York Yankees remain at the top with a $12 billion valuation, up 28% from March. The Miami Marlins still sit at the bottom, but CNBC now pegs the franchise at $2.2 billion—a 57% increase. The New York Mets, valued at $5.4 billion, moved to fifth on the list, passing the San Francisco Giants and the Philadelphia Phillies.
Trophy-asset appeal and untouchable valuations
Bankers consulted by CNBC highlighted that location plays an outsized role in the desirability of sports franchises as trophy assets. The recent agreement for Josh Kushner and Bob Iger to buy the NBA’s Los Angeles Lakers at a $12.5 billion valuation underscores the premium placed on teams in major markets.
Notably, CNBC left the Los Angeles Dodgers’ value unchanged from its March report at $8 billion, citing the ongoing controversy surrounding owner Mark Walter.
The surge in valuations points to sustained investor appetite for marquee sports properties, even as interest rates and media economics shift.
Source: www.cnbc.com — https://www.cnbc.com/2026/09/02/the-los-angeles-angels-are-being-sold-for-a-record-4-billion-heres-what-every-mlb-team-is-now-worth.html
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