A record price tag of $1 billion can be expected for the Dodgers, Dodger Stadium and the surrounding real estate, according to a number of economists. "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. "I believe the reasonable or final offer will be $900 million to $1 billion." One of the biggest reasons for the franchise's value is all the undeveloped real estate surrounding Dodger Stadium, which sits on 275 acres of land that is largely used for parking.