• Loading stock data...
Sunday, June 1, 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

Oct 27, 2022; Oklahoma City, Oklahoma, USA; Oklahoma City Thunder guard Shai Gilgeous-Alexander (2) and LA Clippers guard Paul George (13) walks down the court during a time out during the first half at Paycom Center.

Pacers, Thunder Both Built Finals Teams Off Trading Paul George

George is a key piece of trivia in this year’s NBA Finals.

PSG and the City of Paris Can Join European Soccer’s Elite

What a maiden Champions League title would mean for the French club.

Steve Cohen Taps USTA’s Lew Sherr to Reshape Mets Off Field

The MLB club hires a top executive from the U.S. Tennis Association.

How the Champions League Anthem Took on a Life of Its Own

The composer didn’t know he wrote a timeless hit three decades ago.

Featured Today

How Rolex Paved the Way for Luxury’s Love Affair With Tennis

“It’s almost impossible to think about tennis without thinking about Rolex.”
Mar 23, 2025; Miami, FL, USA; Alexandra Eala (PHI) reacts after winning a point against Madison Keys (USA)(not pictured) on day six of the Miami Open at Hard Rock Stadium.
May 24, 2025

Alex Eala Is Defying Her Country’s Odds to Make French Open History

The Philippines native has overcome a unique set of financial odds.
May 24, 2025

Indiana Is the Center of the Basketball Universe—Thanks to Both Pro Teams

The Fever and Pacers are thriving at the same time.
Around the Horn - October 26, 2020
May 23, 2025

‘Quirky, Nutty, Bombastic’: 10 ‘Around the Horn’ Faces on Their Top Moments

“A quirky, nutty, bombastic, mostly wrong, sometimes right, crazy sports family.”
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

In Episode 7 of Portfolio Players, go inside the boardroom with Avenue Capital CEO and former Milwaukee Bucks co-owner Marc Lasry on Giannis’s future, women’s sports, and upstart leagues like TGL and Unrivaled. 
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.