The A’s valuation rises with sales of 2 MLB clubs as Las Vegas move looms
With the recent sales of the Padres and Angels reaching prices well over their estimated valuations, the value of Athletics could reach nearly $4 billion by 2028. With the recent sales of the San Diego Padres and Los Angeles Angels reaching prices well over their estimated valuations, the value of Athletics could reach nearly $4 billion by 2028 when they officially move to Las Vegas. The Angels sold this month for $4 billion, according to multiple reports, with the Padres being traded earlier this year for $3.9 billion. Both clubs’ sales figures were above the estimated price by CNBC in the outlet’s annual MLB team valuation list released in March. CNBC reporter Michael Ozanian, who began the lists while with Forbes, has issued a new list via CNBC, with team values increasing as result of the two nearly $4 billion sales.
Scoop News DeskLas Vegas, Nevada · Published Updated
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The Raiders were nearly dead last in the NFL valuation lists before the move and have since jumped into the top 10 in recent years, largely tied to the move to Southern Nevada and Allegiant Stadium.