A general view of the exterior of Rangers Ballpark in Arlington.
Financial news outlet Bloomberg says the Texas Rangers are now worth more than $1 billion.
The estimated value of $1.01 billion makes the team the 10th most valuable franchise in Major League Baseball, according to Bloomberg.
The outlet came up with that figured based on the following revenue streams.
As expected, the top team is the New York Yankees, whom Bloomberg said is worth $3.3 billion. The next most valuable franchise is the Dodgers, worth $2.1 billion.
Bloomberg ranked the rest of the AL West as follows: