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The sports moguls are deploying different methods to bring in more money, adding value to their vast holdings and offering a diverse international juggernaut that promises to bring profits into the future. I am creating
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Team owners are seeing great success by leveraging and expanding their brands and intellectual property. And they’ve done it in so many different ways: buying out more teams, commanding higher prices for media rights, expanding content distribution via streaming, and sponsorships through various sports properties. cross-selling, developing mixed-use properties, and investing in sports. – Niche sports such as related technology, analytics, sports betting and indoor lacrosse.
As a result, the 25 most valuable sports empires in the world are worth a combined $174 billion, up 23% from a year ago. This year, we added a new 10% premium to the total value of your sports empire to account for the scalability of owning multiple sports facilities. Even without the premium, the top 25 sports empires are doing much better than last year. $158 billion, up 11.9%.
Liberty Media’s sports empire, worth $21 billion, tops the list. Led by billionaire John Malone, Liberty’s main sports assets are the Formula 1 auto racing circuit (enterprise value: $17.1 billion) and the Atlanta Braves MLB team ($2.1 billion). Formula One hoisted his 2022 banner, averaging 1.21 million viewers across the ESPN family of networks. It was a record high for the series, and in June he reportedly signed a new TV contract worth at least $75 million a year, which is 15 times his previous contract. No wonder the Saudi sovereign’s wealth fund considered buying his Formula 1 for $20 billion last year, according to Bloomberg.
As for the 2021 World Series champions Atlanta Braves, Malone, who paid the team $400 million in 2007, appears poised to sell the team for cash. His earnings in the first nine months of 2022 were his $535 million, partly thanks to his Atlanta, the Braves’ new ballpark and mixed-use real estate project, Battery, compared to his $535 million in the same period in 2021. compared to $466 million in Malone. Over the past year, the F1 and Atlanta Braves tracking stocks are up 5% and 35% respectively, while the S&P 500 is down 13%.
Malone is the exception, not the rule among owners of sports empires. Some believe, others think globally.
Jonathan Hanson/Redux
Billionaire Ted Leonsis, who owns Monumental Sports and Entertainment, is a classic example of local market dominance. MSE owns his NBA Wizards and his NHL Capitals in Washington, as well as Capital One Arena, the building where both teams play. MSE recently bought his 66% stake in NBC Sports Washington, which he didn’t own yet, allowing Leonsis to control the distribution of the content. The MSE valuation puts him at $4.51 billion, his 20th on the list. Leonsis looks set to expand his local sports empire by buying MLB’s Washington his Nationals.
An example of a more global thinker is Kroenke Sports and Entertainment, the empire run by billionaire Stan Kroenke. This empire stretches from England (football team Arsenal) to the western United States (NHL’s Colorado his Avalanche, NBA’s Denver his Nuggets, NFL’s Ross his club). Angeles Rams). KSE’s corporate valuation totals $12.75 billion, good enough to place him at number two on this year’s list. Kroenke loves the real estate business and has poured more than $5 billion of his own football money into his team’s new SoFi stadium and his park in nearby Hollywood. This stadium includes everything from food and fitness to arts and entertainment.
Harris Blitzer Sports and Entertainment is making a big impact on technology and venture capital opportunities in sports. Indeed, the cornerstone is ownership of the NBA’s Philadelphia 76ers and the NHL’s New Jersey Devils. However, according to our calculations, HBSE, which ranks 18th on the list with a valuation of $4.65 billion, will continue to invest in technology, esports and lifestyle through properties such as Elevate Sports Ventures, New Meta Entertainment and HBSE. has earned over $100 million in value from its investments. Ventures.
Investment firms that are relatively new entrants to team ownership may no longer be comfortable owning a small portion of a team. Indeed, North American leagues such as the NBA, MLB, and NHL have limits on how much money institutional investors can own, and the NFL bans them entirely. However, it is possible to go back to owning old-fashioned templates with big European brands. A prime example: RedBird Capital made a new entry into the top 25 in June by buying a controlling stake in Italian soccer team AC Milan for his $1.28 billion. The year before, RedBird bought an 11% stake in his Fenway Sports Group, which includes MLB’s Boston Red He Sox, English football team Liverpool and NHL’s Pittsburgh Penguins. RedBird ranks 25th on the list and is worth $3.6 billion. Fenway is worth $10.4 billion, fourth well.
World’s Most Valuable Sports Empire 2023
* Indicates less than 50% ownership
Patrick Smith/Getty Images
1. Liberty Media
worth: $20.8 billion
Properties: Atlanta Braves, Formula 1, Drone Racing League*, Kroenke Arena Co.*, Meyer Shank Racing*, Overtime Sports*
Key Persons: Gregory Maffei (President and CEO), Albert Rosenthaler (CCDO)
Christian Petersen/Getty Images
2. Kroenke Sports & Entertainment
worth: $12.75 billion
Properties: Los Angeles Rams, Colorado Avalanche, Denver Nuggets, Arsenal FC, The Guard, Colorado Rapids, Colorado Mammoths, Altitude Sports and Entertainment
key person: E. Stanley Kroenke (Owner and Chairman)
3. Jerry Jones
worth: $11.32 billion
Properties: Dallas Cowboys, Legend Hospitality*, The Star, GameSquare Esports*
key person: Jerry Jones (Cowboys owner, president and general manager)
4. Fenway Sports Group
worth: $10.4 billion
Properties: Boston Red Sox, Liverpool FC, Roush Fenway Keselowski Racing*, NESN, Fenway Sports Management, Pittsburgh Penguins
Key Persons: John Henry (Co-Founder and Principal Owner), Thomas Warner (Co-Founder and Chairman)
Sarah Steer/Getty Images
5. Madison Square Garden Sports
worth: $9.17 billion
Properties: New York Knicks, New York Rangers, Counter Logic Games, Hartford Wolf Pack
Key Persons: James Dolan (Chairman), David Hopkinson (President and COO)
6. Craft Group
worth: $8.4 billion
Properties: New England Patriots, New England Revolution, UFC*, Kraft Analytics Group, DraftKings*, Oxygen Esports*, Roblox*
key person: Robert Kraft (Founder, Chairman and CEO)
7. Yankees Global Enterprise
worth: $7.64 billion
Properties: New York Yankees, Legend Hospitality*, YES Network*, New York City FC*, Yankee Stadium Events, AC Milan*
key person: Hal Steinbrenner (Managing General Partner and Chairman)
Katherine Eyvil/Getty Images
8. The Glazer Family
worth: $7.53 billion
Properties: Manchester United, Tampa Bay Buccaneers
Key Persons: Brian Grazer (Owner and Co-Chairman, Buccaneers), Edward Glaser (Owner and Co-Chairman, Buccaneers), Joel Glaser (Owner and Co-Chairman, Buccaneers)
9. Paul G. Allen Trust
worth: $7.41 billion
Properties: Seattle Seahawks, Portland Trail Blazers, Seattle Sounders*
key person: Jody Allen (Chairman)
Getty Images for Klaus Andersen
10. Maple Leaf Sports & Entertainment
worth: $6.42 billion
Properties: Toronto Raptors, Toronto Maple Leafs, Toronto FC, Toronto Argonauts, Toronto Marlies
Key Persons: Cynthia Devine (President and CEO), Sabina Rizvi (CFO)
11. 49ers Enterprise
worth: $5.97 billion
Properties: San Francisco 49ers, Leeds United* FC, Elevate Sports Ventures*
Key Persons: Dennis DeBartolo York (49ers Owner and Co-Chairman), Jon York (49ers Owner and Co-Chairman)
12. City Football Group
worth: $5.96 billion
Properties: Manchester City, New York City FC, Melbourne City FC
Key Persons: Ferran Soriano (CEO), Roel De Vries (Group COO)
13. Shad Khan
worth: $5.95 billion
Properties: Jacksonville Jaguars, Fulham FC, All Elite Wrestling
Key Persons: Shad Khan (Owner of Jaguars), Tony Khan (Chief Football Strategy Officer, CEO and General Manager of AEW)
Chris Graizen/Getty Images
14. The Benson Family
worth: $5.69 billion
Properties: New Orleans Saints, New Orleans Pelicans
key person: Gail Benson (Owner of Saints and Pelicans)
15. Guggenheim Baseball Management
worth: $4.92 billion
Properties: Los Angeles Dodgers, Spectrum SportsNet LA
key person: Mark Walter (CEO)
16. Haslam Sports Group
worth: $4.83 billion
Properties: Cleveland Browns, Columbus Crew
Key Persons: Dee and Jimmy Haslam (Managing and Principal Partners)
17.AMB Group
worth: $4.77 billion
Properties: Atlanta Falcons, Atlanta United, PGA TOUR Superstore, AMBSE Ventures*
Key Persons: Arthur Blank (Owner)
Christian Petersen/Getty Images
18. Harris Blitzer Sports & Entertainment
worth: $4.65 billion
Properties: Philadelphia 76ers, New Jersey Devils, New Meta Entertainment*, Elevate Sports Ventures*, HBSE Ventures, Utica Comets
Key Persons: Josh Harris (Co-Founder and Managing General Partner), David Blitzer (Co-Founder and Co-Managing Partner)
19. Tepper Sports & Entertainment
worth: $4.55 billion
Properties: Carolina Panthers, Charlotte FC
key person: David Tepper (Owner)
20. Monumental Sports & Entertainment
worth: $4.51 billion
Properties: Washington Wizards, Washington Capitals, aXiomatic*, NBC Sports Washington, Monumental Sports Network
key person: Ted Leonsis (Principal Partner and CEO)
Timothy T. Ludwig/Getty Images
21. Pegula Sports & Entertainment
worth: $4.46 billion
Properties: Buffalo Bills, Buffalo Sabers, AdPro Sports, Buffalo Bandits, Rochester Americans, Rochester Nighthawks
Key Persons: Terry and Kim Pegula (Owners)
22. The Wolf Family
worth: $4.36 billion
Properties: Minnesota Vikings, Orlando City SC, Orlando Price, Y’s Ventures
key person: Sigmund Wilf (Owner and Chairman of the Vikings)
Ethan Miller/Getty Images
23. Joe Tsai
worth: $3.99 billion
Properties: Brooklyn Nets, San Diego Seals, Las Vegas Desert Dogs, New York Liberty, G2 Esports*, LAFC*
key person: Joe Tsai (Nets owner)
24. Rickets family
worth: $3.73 billion
Properties: Chicago Cubs, Marquee Sports Network*
key person: Tom Ricketts (Cubs owner and chairman)
25. Redbird Capital Partners
worth: $3.6 billion
Properties: AC Milan, Fenway Sports Group*, Yes Network*, Rajasthan Royals*, Toulouse FC, XFL*, Dream Sports*
key person: Gerry Cardinale (Founder and Managing Partner)
methodology
To qualify as a sports empire, an individual or company must own a majority stake in at least one sports team and have at least $100 million in total investments in other sports-related assets. The value of our empire is the total enterprise value of our holdings multiplied by 1.1. Given the size and breadth of these assets, we believe the 10% premium to the sum of the parts is conservative. Ratings are sourced from the latest NFL, MLB, NBA, NHL, and European football company valuations, as well as upcoming MLS ratings. For sports-related assets not included in our database, we rely on the owners and investors of these businesses, sports bankers, lawyers and media analysts.
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