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Economists: $1B for Dodgers is realistic

Updated: November 13, 2011, 2:16 PM ET
By Arash Markazi | ESPNLosAngeles.com

LOS ANGELES -- A record price tag of $1 billion can be expected for the Los Angeles Dodgers, Dodger Stadium and the surrounding real estate, according to several sports economists following the team's upcoming sale.

"If you're talking about the asset value of the Dodgers franchise, the stadium, the parking lots and the surrounding acreage, I think a number in neighborhood of $1 billion is reasonable," Andrew Zimbalist, a professor of economics at Smith College, said last week. "I believe ...

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