Post by Funkytown on Jul 12, 2017 18:36:17 GMT -6
Forbes: The Cowboys And Yankees Top The World's Most Valuable Sports Teams Of 2017
Poor Bengals, Lions, and Bills!
Plenty more at the link: www.forbes.com/sites/kurtbadenhausen/2017/07/12/the-cowboys-and-yankees-top-the-worlds-most-valuable-sports-teams-of-2017/#4e5b643d5018
What I found interesting:
The Cowboys posted an NFL-record $700 million in revenue during the 2015 season, $177 million more than any other team. Jones’ latest venture is a $1.5 billion team headquarters and practice facility in Frisco, Texas, that opened in 2016. The Star will eventually be a 91-acre retail and entertainment complex with a 16-story Omni hotel, convention area and medical center. The team sold out 800 memberships to the Cowboys Club at The Star. The $4,500 initiation fee plus $350 a month gives members a chance to watch the Cowboys practice.
The Cowboys lead 29 NFL teams among the world’s 50 most valuable (only the Bengals, Lions and Bills missed the cut). Credit the massive profitability across the league -- every team turned a profit of at least $26 million for the 2015 season. NFL owners are also in line for a windfall from the relocations of the Rams, Chargers and Raiders. The other 29 teams will each receive more than $50 million in relocation fees, with none of that money shared with the players.
The Cowboys lead 29 NFL teams among the world’s 50 most valuable (only the Bengals, Lions and Bills missed the cut). Credit the massive profitability across the league -- every team turned a profit of at least $26 million for the 2015 season. NFL owners are also in line for a windfall from the relocations of the Rams, Chargers and Raiders. The other 29 teams will each receive more than $50 million in relocation fees, with none of that money shared with the players.
Plenty more at the link: www.forbes.com/sites/kurtbadenhausen/2017/07/12/the-cowboys-and-yankees-top-the-worlds-most-valuable-sports-teams-of-2017/#4e5b643d5018
What I found interesting:
The Rams were the biggest gainer, moving from outside the top 50 to No. 12 with a worth of $2.9 billion. The value of the franchise doubled by our count with the team’s relocation from St. Louis to Los Angeles last year. Owner Stanley Kroenke is footing the bill for a $2.6 billion stadium in Inglewood, Calif., to house the Rams and newly relocated Chargers. The stadium is projected to open for the 2020 NFL season.