Angels Break MLB Sales Record | San Diego Padres News

The Los Angeles Angels just shattered MLB records with a $4 billion sale to Stan Kroenke, eclipsing the Padres’ previous record and making it one of the most expensive sports franchise deals in North America. Set to close in 2027, this marks the eighth MLB team sold for at least $1 billion since 2012 — a wild trend showing how valuable sports franchises have become as investments. Meanwhile, the Lakers’ $12.5 billion sale underscores a broader boom across North American sports, proving big money is flooding into ownership. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/cd0b031cf9b8e801