$9.1B Dodgers valuation reflects a 33.1% premium over two years, positioning the franchise as MLB's second-most valuable asset behind only the Yankees' $8.9B print. The gap signals Guggenheim's (Mark Walter) capital deployment strategy: Dodgers Stadium generates highest-in-baseball local revenue through a combination of premium seat pricing, year-round events, and regional sports network control. Los Angeles market dominance—no competing MLB franchise within 300 miles—compounds pricing power that peers cannot replicate.