The Los Angeles Angels are the ninth most valuable team in baseball, according to Forbes.
Their $1.97 billion team value puts them between the Philadelphia Phillies ($2.0 billion) and the Washington Nationals ($1.9 billion), but well short of the most valuable team, the Yankees, who were valued at $5 billion, and the second most valuable franchise, just up the freeway, the Dodgers, valued at $3.4 billion.
The Angels valuation is buoyed by the Anaheim City Council’s recent approval to sell Angel Stadium and its surrounding parking lots to a company controlled by Angels owner Arte Moreno, in a deal that will keep the Angels in the city until at least 2050.