• Loading stock data...
Saturday, April 19, 2025

Money, Money, Money!

Steve Ballmer
Kirby Lee-USA TODAY Sports

Of America’s 400 richest people, 42 own professional sports teams. Collectively, those 42 are worth $271 billion, up 6% compared to 2019.

Los Angeles Clippers owner Steve Ballmer, ranked No. 6, is the highest sports team owner on the list for the sixth consecutive year. Steve Cohen, who is in discussions to buy the New York Mets, would be among the richest team owners thanks to his estimated worth of $14.5 billion.

While not a team owner, Nike founder Phil Knight and his family are ranked No. 17 on the list, worth $39.2 billion.

Top 5 Richest Sports Teams Owners:

  1. Steve Ballmer, Los Angeles Clippers — $69 billion (No. 6 overall)
  2. David Tepper, Carolina Panthers, Charlotte FC — $13 billion (No. 41)
  3. Robert Pera, Memphis Grizzlies — $10.5 billion (No. 45)
  4. Philip Anschutz, Los Angeles Kings and Galaxy — $10.1 billion (No. 50)
  5. Jerry Jones, Dallas Cowboys — $8.6 billion (No. 56)

Teams Owned By Forbes 400 Members: 

NFL: 16 teams

NBA: 14 teams

NHL: 9 teams

MLB: 7 teams

MLS: 7 teams

English Premier League: 4 teams

Racing: 1 team

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Leafs vs. Senators: Old Guard Meets New Money in Battle of Ontario

The Maple Leafs-Senators clash has many David-and-Goliath themes.
Steve Ballmer

Steve Ballmer Begs Trump Administration To Reverse Cuts to Education Research

The Clippers owner addressed a letter to Education Secretary Linda McMahon.

Featured Today

Dec 9, 2024; Toronto, Ontario, CAN; New York Knicks guard Jalen Brunson (11) watches as center Karl-Anthony Towns (32) celebrates after making a three point basket to clinch a win against the Toronto Raptors near the end of the fourth quarter at Scotiabank Arena

Same Owner, New Knicks: New York’s Remarkable Rebound

The franchise’s renaissance didn’t happen overnight.
Masters
April 18, 2025

Why The Masters Quietly Cracked Down on Ticket Resellers

Insiders expect big changes are coming to ticketing at Augusta National.
exclusive
April 16, 2025

Inside Nico Iamaleava’s Ugly Breakup With Tennessee

Iamaleava’s representatives claim to FOS he didn’t push for more NIL money.
Jul 29, 2024; Villeneuve-d'Ascq, France; France center Dominique Malonga (14) and guard Marine Johannes (23) celebrate after defeating Canada during the Paris 2024 Olympic Summer Games at Stade Pierre-Mauroy
April 13, 2025

‘Has to Change’: The WNBA’s International Player Problem

As more global stars arrive, the “prioritization” rule is causing tension.
patrick_mahomes

Super Bowl TV Viewership Sinks 8%

CBS Sports’ telecast of the Tampa Bay Buccaneers’ 31-9 victory over the Kansas City Chiefs averaged 91.629 million viewers, down 8%.
person_playing_cricket
December 23, 2020

Prominent Tech Execs Line Up to Back Cricket Growth In the U.S.

More than 20 investors have now bought into American Cricket Enterprise, parent company oMajor League Cricket.
man_riding_stationary_bike
December 28, 2020

Connected Fitness Company Echelon Lands $65 Million Investment

The funding came from Goldman Sachs and North Castle Partners, who now own controlling interests in the company.
Sponsored

Game On: Portfolio Players Stories, Brought to You by E*TRADE from Morgan Stanley

This week, Two-time Super Bowl Champion and CBS NFL analyst Logan Ryan joins us to talk the business of sports on our third installment of Portfolio Players.
woman_holding_hockey_stick
December 23, 2020

NBC to Air NWHL Finals, Adds to Banner Year for Women’s Sports

It will be the first time professional women’s hockey games are shown live on a major national cable network in the U.S.
antetokounmpo_dribbling_basketball
December 23, 2020

‘Giannis Effect’ Felt by Bucks Following Record-Breaking Extension

Since he was drafted in 2013, the Bucks’ valuation has jumped from No. 30 in the league at $312 million to No. 19 at $1.58 billion.
December 22, 2020

Adam Silver Says NBA Expansion is ‘Manifest Destiny of the League’

“It’s sort of the manifest destiny of the league that you expand at some point,” NBA Commissioner Adam Silver said Monday.
December 22, 2020

Adidas Partners With Jerry Lorenzo, Fear of God Brand

Lorenzo will lead creative and business strategy for Adidas basketball globally, and launch a Fear of God athletics sub-brand.