A Sports Empire generally refers to a sports organization or team that has achieved significant success and influence over a prolonged period, often dominating their respective sport or league. Sports Empires are often characterized by their sustained excellence, innovative strategies, and ability to consistently attract and retain top talent. They run their teams in a well-organized manner and have acquired top business executives to run their brands.
These affluent owners have invested in niche sports, sports technology, analytics, mixed-use real estate development, and sports betting. Several sports empires are regarded as the most valuable in the world. These empires are valued not just for the success of their teams but also for their brand recognition, marketability, and financial stability. Here are some of the eight most valuable sports empires in the world:
8 Glazer Family-$7.53 billion
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The Glazer family is an American billionaire family that owns and operates the Manchester United football club and the Tampa Bay Buccaneers of the National Football League. The family is led by brothers Joel and Avram Glazer, who inherited their father’s real estate business and expanded it into a global sports empire. The family is renowned for its privacy and contentious leadership of Manchester United, which has drawn criticism from supporters and observers.
7 Yankee Global Enterprises-$7.64 billion
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Yankee Global Enterprises is owned by a group of investors that includes the Steinbrenner family, who has held the New York Yankees, an American professional baseball team, for a long time. The firm was founded in 1999 and is based in New York City. The firm also owns a minority stake in the YES Network. This sports network broadcasts Yankees games and other sports programming. Among other ventures, they have also made real estate and hospitality industry investments.
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6 The Kraft Group-$7.94 billion
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The Kraft Group is a private holding company based in the United States, headquartered in Foxborough, Massachusetts. They own the New England Patriots and the Gillette Stadium, home to New England Patriots. Robert Kraft established the business in 1998 and now engages in various ventures, including paper and packaging production, property development, sports and entertainment, and private equity investing.
5 Madison Square Garden Sports-$9.17 billion
Madison Square Garden Sports Corp. (MSG Sports) is a professional sports company that owns and operates several sports teams and venues in America. MSG Sports was split from Madison Square Garden Entertainment Corp. (MSG Entertainment), its parent corporation, in 2020. MSG Sports owns the New York Knicks, a professional basketball team, and the New York Rangers, a professional ice hockey team. It also holds the Westchester Knicks, a developmental team in the NBA G League, and the Hartford Wolf Pack, a developmental team in the AHL.
4 Fenway Sports Group-$10.4 billion
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Fenway Sports Group was founded in 2001 as New England Sports Ventures (NESV), and in 2011 it was renamed Fenway Sports Group. Businessman John W. Henry and The Vanguard Group, an investment group, primarily own FSG. Minority owners include LeBron James, Maverick Carter, Thomas Werner and Michael Gordon. FSG owns the Boston Red Sox of Major League Baseball (MLB), Liverpool Football Club of the EPL, and Roush Fenway Racing of the National Association for Stock Car Auto Racing (NASCAR).
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3 Jerry Jones-$11.32 billion
Jerry Jones is an American businessman and owns the Dallas Cowboys, a professional National Football League (NFL) football team. He was born in Los Angeles, California, and grew up in Arkansas. He made most of his money by investing in the oil and gas industry. In 1989, he paid $140 million to the Dallas Cowboys, the largest transaction in NFL history. Since he took over the ownership, the Cowboys have become one of the most valuable sports franchises in the world.
2 Kroenke Sports & Entertainment-$12.75 billion
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Kroenke Sports & Entertainment is a significant player in the sports and entertainment industry founded by businessman and sports team owner Stan Kroenke in 1999. It is based in Denver, Colorado, USA and owns the following teams Denver Nuggets (NBA), Colorado Avalanche (NHL), Colorado Rapids (MLS), Colorado Mammoth (NLL), Los Angeles Rams (NFL) and Arsenal F.C. (Premier League). It also operates various venues, including the Pepsi Center in Denver and the SoFi Stadium in Inglewood, California, the most expensive sports arena in the world.
1 Liberty Media-$20.8 billion
Liberty Media is an American mass media company that operates in the entertainment industry. It was founded in 1991 by media mogul John Malone and is headquartered in Englewood, Colorado. The firm has interests in various investments, including cable television, broadcast television, sports and digital media. Liberty Media is divided into three principal subsidiaries: Liberty SiriusXM Group, Formula One Group, and Braves Group. Formula One Group owns the commercial rights to the Formula One World Championship, a global motorsport competition.Braves Group owns the Atlanta Braves Major League Baseball team.
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