DEALSTreasury's $6bn buyback fails to halt 30-year yield at 5.2%Sep 10, 2026
WORLDChina regulators warn banks against flooding IPO market with low-quality listingsSep 10, 2026
EARNINGSJ.J. McCarthy demoted to third string as Vikings name Wentz backup ahead of Green Bay openerSep 10, 2026
KALAKALA BIO sets November 3 annual meeting; stockholder nomination window closes September 19Sep 9, 2026
MACROTwenty-nine health systems plan to exit Medicare AdvantageSep 9, 2026
MACROCopper hits record $14,858.50 a ton as tariff stockpiling and global supply crunch convergeSep 9, 2026
CRYPTOIran relaxes foreign currency controls in quiet pivot toward cryptoSep 9, 2026
AMZNAmazon routes 360,000 annual scam inquiries through a new Alexa verification toolSep 9, 2026
DEALSTreasury's $6bn buyback fails to halt 30-year yield at 5.2%Sep 10, 2026
WORLDChina regulators warn banks against flooding IPO market with low-quality listingsSep 10, 2026
EARNINGSJ.J. McCarthy demoted to third string as Vikings name Wentz backup ahead of Green Bay openerSep 10, 2026
KALAKALA BIO sets November 3 annual meeting; stockholder nomination window closes September 19Sep 9, 2026
MACROTwenty-nine health systems plan to exit Medicare AdvantageSep 9, 2026
MACROCopper hits record $14,858.50 a ton as tariff stockpiling and global supply crunch convergeSep 9, 2026
CRYPTOIran relaxes foreign currency controls in quiet pivot toward cryptoSep 9, 2026
AMZNAmazon routes 360,000 annual scam inquiries through a new Alexa verification toolSep 9, 2026

$4 billion values Stan Kroenke's acquisition of the Angels franchise and regional sports network

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…

By Kwame Asante·Sep 1, 2026·1 min read·deals

Key takeaways

  • Kroenke Sports and Entertainment has agreed to buy MLB's Los Angeles Angels for $4 billion.
  • The $4 billion price covers two assets as a single package: the Angels franchise and its regional sports network, with no public allocation between them.
  • The deal marks Stan Kroenke's entry into baseball, a sport previously absent from the Kroenke portfolio.
  • CNBC's most recent ranking values Kroenke Sports and Entertainment at more than $26 billion.
  • The acquisition brings an MLB franchise into the Kroenke Sports and Entertainment portfolio for the first time.

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.

Related reading

Share
Source: cnbc.com
© 2026 NewsMeter

Frequently asked

How much is Stan Kroenke paying for the Angels?

The agreed purchase price is $4 billion, which covers the franchise and its regional sports network together.

What does the $4 billion price include?

It includes two named assets, the Angels team and its broadcast/regional sports network, sold as a single package with no public breakdown between them.

Is this Stan Kroenke's first baseball team?

Yes, the agreement represents his entry into baseball, a sport previously absent from the Kroenke portfolio.

How valuable is the buyer, Kroenke Sports and Entertainment?

CNBC's most recent ranking places Kroenke Sports and Entertainment at more than $26 billion, the only public benchmark for the acquirer's scale.