The Phillies, officially known as the Philadelphia Phillies, are a Major League Baseball (MLB) team based in Philadelphia, Pennsylvania. They generate revenue through ticket sales, broadcasting rights, merchandise, and sponsorships. Founded in 1883, the Phillies are the oldest continuous, one-name, one-city franchise in American professional sports. Key historical moments include winning the World Series in 1980 and 2008. The team plays its home games at Citizens Bank Park, which opened in 2004.