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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.
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