Forbes says Dodgers worth $700 million plus, Angels more than $500 million

This article was originally on a blog post platform and may be missing photos, graphics or links. See About archive blog posts.

The Dodgers and Angels rank among the six most valuable franchises in baseball, Forbes magazine reported today.

In its annual report on baseball’s finances, Forbes estimated the Dodgers’ value at $722 million, behind that of only the New York Yankees ($1.5 billion), New York Mets ($912 million) and Boston Red Sox ($833 million).

The Chicago Cubs rank fifth at $700 million, followed by the Angels at $500 million.

Forbes estimated the Dodgers’ profit last season at $16.5 million and the Angels’ profit at $10.3 million.

The Forbes package also includes a feature on Angels owner Arte Moreno and his strategy in transforming a franchise regarded by previous owners as a small-market Orange County team into a major-market Southern California powerhouse.

-- Bill Shaikin