As reported as a done deal by ESPN reporter this morning, Just three weeks after he was reported to have inked a 3-year, $89.7 million contract extension deal with the Los Angeles Dodgers, it was confirmed this morning by ESPN that the franchise first baseman for the Los Angeles Dodgers has officially paid the Dodgers $50.4 million in cash for his contract to be terminated with immediate effect in favor of him to ink a 5-year blockbuster worth $280.6 million with the Houston Astros. As MLB confirmation too, it was confirmed that the franchise first baseman inked the deal after his conference meeting with the Houston Astros this morning, but unfortunately…

These three Los Angeles sports franchises are among the most valuable in the world
Sportico released their list of the 100 most valuable sports franchises in the world, and two Los Angeles based teams were among the top 10.

Los Angeles continues to assert its dominance in the sports world, with seven of its franchises securing spots on Sportico’s recent list of the top 100 most valuable sports teams globally. This achievement underscores the city’s vibrant sports culture and the immense financial prowess of its teams.

Los Angeles Lakers: A Basketball Powerhouse

Leading the Los Angeles contingent, the Lakers are valued at $8.07 billion, ranking fourth overall and second in the NBA, just behind the Golden State Warriors. This valuation reflects the team’s storied history, massive fan base, and consistent on-court success. Oh, and the recent addition of superstar Luka Dončić and his global marketing appeal can’t hurt either.

Los Angeles Rams: Football’s Elite

The Rams, with a valuation of $7.79 billion, hold the sixth spot overall and are the second most valuable NFL franchise, trailing only the Dallas Cowboys. Their recent Super Bowl victory and the state-of-the-art SoFi Stadium have significantly bolstered their market value.

Los Angeles Dodgers: Baseball’s Finest

At $7.93 billion, the Dodgers are positioned 14th overall and second in Major League Baseball. Their 2024 World Series triumph contributed to a remarkable 20% increase in valuation, highlighting the financial impact of on-field success.