The value of these franchises on the private market is well above their stock prices—but each requires playing the long game.
https://www.forbes.com/sites/mikeozanian/2024/04/07/five-undervalued-sports-stocks-to-buy-and-hold/
A group headed by Marc Lore and Alex Rodriguez will remain minority investors after being unable to come up with the money in time to buy control of the NBA team.
The Los Angeles Dodgers and Philadelphia Phillies rose the most in value thanks to their rich TV deals and high attendance—but last year wasn’t a grand slam for most MLB teams.
https://www.forbes.com/sites/mikeozanian/2024/03/28/baseballs-most-valuable-teams-2024/
Upon the death of owner Peter Angelos, private equity billionaire David Rubenstein can now officially become the majority owner.
Luxury suite revenue was up last year—despite a fourth-place finish by the Mets.
The billionaire owners of the Washington Commanders are nearing a sale to an investor group led by Art Rooney II and Thomas Tull.
The team’s regional sports network isn’t alone in its financial hardship.
An estimated 68 million Americans are expected to wager more than $23 billion on the game this year.
A new $3 billion deal with Strategic Sports Group changes the PGA Tour from a non-profit to a private equity model in which investors—and players—can grow their money and have an exit opportu...
The pending purchase of the Baltimore Orioles will provide big tax breaks for both the buyer and the seller of the baseball team.
The Angelos family has agreed to sell to private equity billionaires David Rubenstein and Mike Arougheti, pending the approval of MLB.
Shares of TKO Group Holdings have fallen after Vince McMahon resigned as executive chairman.
With last year’s $6 billion purchase of the Washington Commanders, Harris Blitzer Sports & Entertainment vaulted up the ranks of the most lucrative team portfolios—but they’re still not No....
https://www.forbes.com/sites/mikeozanian/2024/01/25/the-worlds-most-valuable-sports-empires-2024/
The NBA board of governors is meeting today to vote on the sale of the Dallas Mavericks by Mark Cuban to Miriam Adelson and her son-in-law Patrick Dumont.
The NFL remains the most dominant league financially, but it’s not the fastest-growing sport in terms of value.
https://www.forbes.com/sites/mikeozanian/2023/09/08/the-worlds-50-most-valuable-sports-teams-2023/
With skyrocketing revenue and mouthwatering profitability, NFL teams are now worth $4.47 billion on average, 28% more than just a year ago.
The Yankees are baseball's most valuable team ($3.7 billion) as the Bronx Bombers generated $526 million in revenue (net of their revenue-sharing payments) in 2016, $64 million than the second ra...
https://www.forbes.com/sites/mikeozanian/2017/04/11/baseball-team-values-2017/
Rich investors realized a decade ago that many European teams were grossly undervalued brands.
https://www.forbes.com/sites/mikeozanian/2016/05/11/the-worlds-most-valuable-soccer-teams-2016/
In Major League Baseball today, with profit-sharing spreading the wealth, the pecking order of team values has more to do with what goes on outside the ballpark than inside. Big-market teams with...
https://www.forbes.com/sites/mikeozanian/2016/03/23/baseballs-most-valuable-teams/
The Super Bowl has been the most valuable sporting event brand each of the three years we have compiled the Forbes Fab 40.