Names the most expensive sports empires in the world according to Forbesand Liberty Media, valued at US$21 billion, are at the top of the list. John Malone is the principal owner of said company.
Liberty Media includes a $17.1 billion Formula One auto racing circuit and a $2.1 billion MLB Atlanta Braves team.. noteworthy In 2022, Formula 1 had a total of 1.21 million viewers and a new TV deal was signed for $75 million a year.a figure said to be 15 times greater than the previous one.
As for the Atlanta Braves, John Malone paid $400 million in 2007 and also made a profit in 2022 of $535 million.which is higher than the previous campaign’s $466 million.
It is worth noting that the shares of Formula 1 and Atlanta Braves rose by 5% and 35%, respectively.
Top 10 sports empires in the world
Behind Liberty Media is Kroenke Sports & Entertainment worth $12.750 million. and are owners of Los Angeles Rams, Colorado Avalanche, Denver Nuggets, Arsenal FC, The Guard, Colorado Rapids, Colorado Mammoth, Altitude Sports and Entertainment. The main owner is E. Stanley Kroenke.
In third place, with a fortune of $11.320 million, is billionaire Jerry Jones, the owner of an empire with his own name and owner of the Dallas Cowboys., Legends Hospitality, The Star, GameSquare Esports. It should be noted that Jones is also the general manager of the Cowboys.
In the fourth cell, we find the $10.4 billion Fenway Sports Group and the owners of the Boston Red Sox, Liverpool FC, Roush Fenway Keselowski Racing, NESN, Fenway Sports Management and Pittsburgh Penguin.With. The main names behind this empire are John Henry, co-founder and main owner, and Thomas Werner, who is the president and co-founder.
Madison Square Garden Sports It is in the fifth list of the most expensive sports empires in the world and has a value of $9,170 million.. This sports empire completely dominates New York Knicks, New York Rangers, Counter Logic Gaming, Hartford Wolf Pack. James Dolan is the CEO and David Hopkinson is the president and chief operating officer.
A total of 25 sports empires appear on the Forbes list that harness the economic power of important franchises and intend to continue to lead the market. This study of the aforementioned environment takes into account the value of their sports investment, which should be at least $100 million.
Source: La Opinion
Ben Stock is an accomplished sports journalist. He currently works at 24 news breaker, where he has a reputation for providing in-depth analysis and unique perspectives on the latest sports news. He has a keen eye for detail and a deep understanding of the sports industry. With a passion for storytelling, Ben’s writing takes readers closer to the action and the people behind it.