The World’s Top 5 Most Valuable Sports Empires 2024

Owning a sports team has long been goal of the ultra-rich but expanding it into an empire-with multiple teams across various leagues-is a winning strategy for creating generational wealth. Having a portfolio of teams allows an owner to sell cross-sponsorships, develop mixed-use real estate, and expand into new distribution channels with greater ease. A sports empire can also take the pressure off any single team a sports owner has, acting as a hedge for rebuilding years. And it almost always pays off.
In 2024, The 25 most valuable sports empires in the world have an aggregate enterprise value of $216 billion-or an average of $8.6 billion-an increase of 24% from a year ago. The main reason for the rise? Team values have been growing at a robust pace. On average, the 124 teams in MLB, NBA, NFL and NHL teams went up 21% in value in 2023 versus the prior year. All of which has made it much harder to earn a place on this annual ranking-the cut off this year was $4.95 billion, 38% higher than a year ago.
The biggest gainer on this year’s empires list is Harris Blitzer Sports & Entertainment, up 155% from last year to $11.9 billion thanks mainly to the purchase of the Washington Commanders by Josh Harris last July for a record $6.05 billion.. HBSE now effectively runs a group of assets that includes many of the world’s most popular sports-NFL (Commanders), NBA (Philadelphia 76ers), NHL (New Jersey Devils), English Premier League (Crystal Palace), Nascar (Joe Gibbs Racing), and youth sports (Ripken Baseball).
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[@adityakovvali4489]

Kroenke also own Arsenal - one of the top properties in the EPL

[@zimbolimbo2408]

I'm here for Fenway Sports . Needless to say every sports team they touch transforms into a world dominant force. Red Sox? Liverpool FC? Ring a bell??

[@EatonZ26]

Liberty Media owns the F1 commercial rights, not any of the teams themselves.

[@PakcoF]

#4 Jerry Jones, prolly would get to #1 as long as Dem Boyz keep losing (from a Cowboys fan)

[@MountainofInspiration]

Thanks for this excellent report

[@trafalgarlaw628]

How did the saudis not get into this list

[@gt-gu7rb]

Stan Kronkie married one of the Wal-Mart sisters. He got his money the old fashioned way. He married it.

[@raphaelmassoud1509]

Where is INEOS ?

[@ThePolominican]

Yankees ain’t make it?! Foh

[@raghavnigam3287]

but most of theteams failed to win championship except nuggets

[@suryasharma7308]

First

[@pubgmobile8231]

average american

[@samuelkamau8708]

sorry , but that's the most boring voice to do this segment

[@Chip_in]

FSG out ⛳

[@SamuelClemente7718]

#1 REAL MADRID!!!!