The New York Yankees are the most valuable franchise in Major League Baseball, priced at $5. 25 billion by Forbes last year. But the team’s owners didn’t stop it: Yankee Global Enterprises also has stakes in reigning MLS champion New York City FC. , YES Network and Legends Hospitality, which works with sports and entertainment organizations and venues in spaces such as hospitality, partnerships, concessions and products, and has a small stake in Professional Fighters League, an MMA promotion. Total price of the company’s sports houses at $6. 81 billion. (Full disclosure: I’m a co-host of YES Network’s Forbes SportsMoney. )
The story is pretty much the same at AMB Group, which owns the NFL’s Atlanta Falcons and MLS’s Atlanta United, as the PGA Tour Superstore. The Monumental Sports portfolio
These sports empires are more valuable than ever, led through Liberty Media. Liberty owns the reigning Atlanta Braves World Series champion and the team’s mixed-use real estate project, as well as Formula 1 racing promotion, and has minority stakes in the Drone Racing League. , the Meyer Shank motor racing team and Kroenke Arena Company (owner of ball arena, home of the Denver Nuggets and Colorado Avalanche). Total price of the business: $17. 2 billion, an accumulation of 32% over last year, thanks to significant cash gains and operating profit (in the sense of cash before interest, taxes, depreciation and amortization) for the Braves and Formula 1 during the following year.
Investors can bet seamlessly on Liberty’s sports assets by tracking stocks, but personal sports empires also attract smart money. Investors have great advantages, not only because investments in sports groups have sometimes generated superior returns to stocks, but also because the corporations and Americans behind the sports giants have a proven track record of scalability through their collection of groups and media, technology, gambling, department stores, and real estate.
That’s the idea of RedBird Capital and Arctos Sports Partners when they bought stakes in Fenway Sports Group last year. The same was true of Silver Lake Partners’ $500 million investment in City Football Group two years ago. Regulations to open their pearl doors on Wall Street, the cash coming in will drive even bigger sports empires.
This year, we expanded our sports empire rating from 20 to 25. Comparing this year’s top 20 to last year’s list shows an increase in the company’s total cost of 22%, from $102 billion to $124 billion. the construction is similar to deals with new media that raise the costs of NFL and NHL teams. For example, in December, Fenway Sports Group paid about $900 million for the Pittsburgh Penguins, nearly nine times what Mario Lemieux and Ron Burkle paid for the NHL Team in 1999. The appreciation of the annualized value of 10% of penguins is 64% higher than accumulation. In the S stock market index
Shahid Khan made his debut on the roster this year to a stir, which followed his acquisition of the JACKSONVILLE Jaguars from the NFL in 2011 with the acquisition of Fulham FC two years later. The acquisition of the English football team also allowed Khan to dispose of several hectares of priceless genuine property. Then, in 2019, Khan introduced the professional wrestling promotion All Elite Wrestling, led by his son, Tony. Riverside Stand on the box opens later this year.
No one in the sports world has exploited more real estate than Jerry Jones. The owner of the Dallas Cowboys, whose empire ranks fourth with $8. 85 billion, spent about $1. 5 billion on the Star, the NFL team’s home and the educational center that includes the Ford Center, which hosts events ranging from gymnastics to Sesame Street Live. The 91-acre campus also has no shortage of places to shop and eat. The allocation is now about $2 billion, according to experts.
Partnering with some other team, even outside the U. S. In the U. S. , it helped the York family, owners of the San Francisco 49ers, increase the price of their empire to $4. 31 billion, up from $3. 76 the year before. By partnering with Leeds United, the 49ers have not only secured a 44% stake in an English football team whose price tag has more than tripled, to $470 million, since 2018, when the Yorks first bought, but they have also figured out a way to expand their logo at a time when the NFL is granting overseas advertising rights to their teams. The deal also worked very well for Leeds.
Value: $17. 20 billion
Properties: Atlanta Braves, Formula 1, Drone Racing League*, Kroenke Arena Company*, Meyer Shank Racing*
Key people: John Malone (president), Greg Maffei (president and CEO)
Value: $10. 54 billion
Properties: Los Angeles Rams, Colorado Avalanche, Denver Nuggets, Arsenal FC, Esports Investments, Colorado Rapids, Colorado Mammoth, Altitude Sports and Entertainment, Kroenke Arena Company
Key person: Stan Kroenke (President)
Value: $9. 81 billion
Properties: Boston Red Sox, Liverpool FC, Roush Fenway Keselowski Racing*, NESN, Fenway Sports Management, Pittsburgh Penguins, Real Estate
Key people: John Henry (main owner), Tom Werner (president)
Value: $8. 85 billion
Properties: Dallas Cowboys, Legends Hospitality*, The Star, Complexity Gaming
Value: $7. 84 billion
Properties: New York Knicks, New York Rangers, Counter Logic Gaming, Hartford Wolf Pack
Key person: James Dolan (Executive Chairman)
Value: $6. 81 billion
Properties: New York Yankees, Legends Hospitality*, YES Network*, New York City FC*, minor league baseball teams
Key person: Hal Steinbrenner (CEO and President)
Value: $5. 88 billion
Properties: New England Patriots, New England Revolution, UFC*, Kraft Analytics Group, DraftKings*, Skillz*, Boston Uprising
Value: $5. 84 billion
Properties: Manchester United, Tampa Bay Buccaneers
Value: $5. 69 billion
Properties: Seattle Seahawks, Portland Trail Blazers, Seattle Sounders*
Value: $5. 00 billion
Properties: Manchester City, New York City FC, Melbourne City FC
Value: $4. 98 billion
Properties: Toronto Raptors, Toronto Maple Leafs, Toronto FC, Toronto Argonauts, Toronto Marlies
Value: $4. 80 billion
Properties: Jacksonville Jaguars, Fulham FC, All Elite Wrestling
Value: $4. 35 billion
Properties: New Orleans Saints, New Orleans Pelicans
Value: $4. 31 billion
Properties: San Francisco 49ers, Leeds United FC*, Elevate Sports Ventures*
Value: $4. 20 billion
Properties: Washington football team
Value: $4. 05 billion
Properties: New York Jets
Value: $3. 65 billion
Properties: Atlanta Falcons, Atlanta United, PGA Tour Superstore
Key person: Arthur Blank (President)
Value: $3. 63 billion
Properties: Los Angeles Lakers
Value: $3. 54 billion
Properties: Los Angeles Dodgers, Spectrum SportsNet LA
Key person: Mark Walter (CEO)
Value: $3. 50 billion
Properties: Philadelphia Eagles
Value: $3. 45 billion
Properties: Miami Dolphins, Drone Racing League*, Champions Cup, Miami Open
Value: $3. 35 billion
Properties: Los Angeles Clippers, The Forum
Value: $3. 33 billion
Properties: Philadelphia 76ers, New Jersey Devils, New Meta Entertainment*, Elevate Sports Ventures*, HBSE Ventures, Utica Comets
Key people: Josh Harris (managing partner), David Blitzer (co-managing partner)
Value: $3. 32 billion
Properties: Washington Wizards, Washington Capitals, Washington Mystics, aXiomatic Gaming*, NBC Sports Washington*, Monumental Sports Network, Sportradar*
Key person: Ted Leonsis (managing partner)
Value: $3. 31 billion
Properties: Carolina Panthers, Charlotte FC
Key person: David Tepper (owner)
* Indicates an asset of 50% or less.
To compile our dashboard of the highest-value sports empires, we searched our database of the highest-value groups in the NFL, MLB, NBA, NHL, and football for other individuals or corporations whose holdings in those groups exceeded $2 billion. the MLS team, we basically trust Sportico. For the other sports-related assets included in empires, we spoke with owners, analysts, and industry experts.
Only individuals or entities with a controlling interest in at least one team were eligible. Thus, Barcelona, the world’s most valuable soccer team with 4. 76 billion dollars, has been excluded from our list of empires because the Spanish soccer team belongs to more than 140,000 club members. Similarly, Michael Rubin and Fanatics are excluded from our list, despite their minority holdings in sports groups and the company’s dominance in sportswear.
We come with corporate values for the parent company or spouse who manages the most valuable sports-related assets. For example, groups owned by Joshua Harris and David Blitzer are included in Harris Blitzer Sports.
We use corporate securities, which come with debt. This differs from Forbes’ estimates of people’s net worth, which are net of debt.
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