MLB Record $4B Franchise Valuation & Kroenke Deal Analyzer

Deal Parameters

Financial Controls

Historical Franchise Benchmarks

Annual Revenue Base ($M) $380M

Net franchise revenue including broadcast, ticketing & sponsorship.

Headline Deal Valuation ($B) $4.00B

Enterprise valuation agreed in definitive bilateral contract.

Scarcity & RSN Premium 2.10x

Premium for Tier 1 media rights, trophy asset status & dual-club markets.

Market Premium Factor (%) 45.0%

Top-market location surcharge vs league median franchise baseline.

Negotiation Architecture

Kroenke & Moreno bypassed formal auctions for a direct transaction.

Arte Moreno's 23-Year Capital Gain

Purchased in 2003 for $183.5M → Transferred in 2026 for $4,000M.
Nominal Capital Multiple: 21.8x (approx. ~14.4% annualized IRR).

Implied Revenue Multiple 10.53 Enterprise Value / Revenue

Market Premium % 45.0% Over MLB Median Benchmark

Valuation Tier Record MLB Benchmark Historic League Peak

Deal Complexity Private Bilateral Acquisition Bypassed Formal Auction

Direct manipulation scatter plot comparing franchise valuations (2000–2026)

Past Sales Active Simulation ($4.0B)

Historical Comps

Franchise	Year	Buyer / Principal	Seller	Price ($B)	Rev Base ($M)	Multiple	Structure

Active Franchise Case Los Angeles Angels

Transaction Value $4.00 Billion

Buyer Entity Stan Kroenke

Seller Principal Arte Moreno

Announced Date September 1

Market Size Rank Tier 1 (Los Angeles Metro)