• Loading stock data...
Monday, December 23, 2024

The 20 Richest American Sports Team Owners for 2023

  • For the ninth straight year, Los Angeles Clippers owner Steve Ballmer tops Forbes’ list of the 20 wealthiest owners in American sports.
  • Denver Broncos owner Rob Walton and Cleveland Cavaliers owner Dan Gilbert round out the top three.
Los Angeles Clippers owner Steve Ballmer stands court side before the game against the Golden State Warriors Chase Center.
Kelley L Cox-USA TODAY Sports

Regarding sports team ownership, performance on the field or court isn’t always king.

For the ninth straight year, Los Angeles Clippers owner Steve Ballmer — who made his fortune as the former CEO of Microsoft — tops Forbes’ list of the 20 richest owners in American sports derived from the publication’s Forbes 400, which tracks the net worths of the richest people in the United States.

The runner-up for the second consecutive year is Walmart heir Rob Walton, who purchased the Denver Broncos for $4.65 billion in June 2022.

Coming in at third is Rocket Mortgage and Cleveland Cavaliers owner Dan Gilbert, who leapfrogged his way into the top three after finishing sixth in 2022’s list. Memphis Grizzlies owner Robert Pera fell precipitously year-over-year from fourth to 14th.

For all the wealth on the list, few Americans crack the world’s list released last April: Ballmer was dethroned from the world’s top spot by Mukesh Ambani, owner of the Mumbai Indians in cricket’s Indian Premier League.

Here is the complete list of America’s top 20 wealthiest sports owners:

RankOwnerTeamsNet Worth
1Steve BallmerLos Angeles Clippers$101 billion
2Rob WaltonDenver Broncos$67.4 billion
3Dan GilbertCleveland Cavaliers$21.3 billion
4David TepperCarolina Panthers$20.6 billion
5Steve CohenNew York Mets$19.8 billion
6Philip AnschutzLos Angeles Kings, LA Galaxy$14.8 billion
7Stan KroenkeLos Angeles Rams, Arsenal FC, Denver Nuggets, Colorado Avalanche, Colorado Rapids$14.6 billion
8Jerry JonesDallas Cowboys$14.5 billion
9Shahid KhanJacksonville Jaguars, Fulham FC$12.2 billion
10Robert KraftNew England Patriots, New England Revolution$11.1 billion
11Stephen RossMiami Dolphins$10.1 billion
12Henry SamueliAnaheim Ducks$10 billion
13Jimmy HaslamCleveland Browns, Columbus Crew, Milwaukee Bucks$8.7 billion
14Robert PeraMemphis Grizzlies$8.3 billion
15 (tie)Tom GoresDetroit Pistons$8.1 billion
15 (tie)Antony ResslerAtlanta Hawks$8.1 billion
17 (tie)Rocco CommissoACF Fiorentina$8 billion
17 (tie)Tilman FertittaHouston Rockets$8 billion
19Arthur BlankAtlanta Falcons$7.9 billion
20Stephen BisciottiBaltimore Ravens$7.2 billion
Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Mercedes-Benz Stadium

Falcons Stadium Transactions Up 30% Since Huge Food Price Cut

The team set famously low food prices at its stadium in 2017.
Oct 8, 2024; San Diego, California, USA; Los Angeles Dodgers outfielder Teoscar Hernandez (37) celebrates with designated hitter Shohei Ohtani (17) after hitting a grand slam in the third inning against the San Diego Padres during game three of the NLDS for the 2024 MLB Playoffs at Petco Park.

Three MLB Teams Paid 84% of Record $311M Luxury Taxes This Year

The Dodgers, Mets, and Yankees combine for 84% of MLB’s luxury tax.
Oct 15, 2024; Las Vegas, Nevada, USA; Golden State Warriors guard Stephen Curry (30) drives past Los Angeles Lakers forward LeBron James (23) in the second quarter during a preseason game at T-Mobile Arena.

NBA Trying to Keep Christmas Tradition Alive Amid NFL’s Presence

It will air all five of its Christmas Day games on ABC.

Even Aaron Rodgers Jokes About Woody Johnson’s Teenage Sons Running Jets

“Being released by a teenager, that would also be a first.”

Featured Today

Nov 23, 2024; Corvallis, Oregon, USA; Oregon State Beavers students celebrate during the fourth quarter against the Washington State Cougars at Reser Stadium.

How the Pac-12 Rose From the Ashes in 2024

The conference went from uncertain future to remarkable comeback.
Texas Memorial Stadium
December 21, 2024

Inside the First On-Campus College Football Playoff Games

FOS is on the ground in Austin for Clemson-Texas.
Pat McAfee holds up the USC Gamecock during ESPN Gameday near Williams-Brice Stadium in Columbia, S.C. Saturday, September 14, 2024.
December 20, 2024

‘Traveling Circus’: How ‘College GameDay’ Plans to Visit Two Campuses in 24..

Inside the show’s grueling schedule for the expanded Playoff.
December 19, 2024

The Lawsuits That Defined the Business of Sports in 2024

Litigation was flying, and lawyers were busy this year.
Dec 1, 2024; Landover, Maryland, USA; Washington Commanders general manager Adam Peters (L) talks with Commanders owner Josh Harris (R) on the field prior to the game against the Tennessee Titans at Northwest Stadium.

CEO Leaves $13 Billion Soup Company to Run Commanders

The new president will lead the planning and development of the team’s stadium.
November 15, 2024

Adam Silver Defends NBA Product Amid Sluggish Ratings

Silver said the NBA compares itself to “the biggest brands in the world.”
LPGA Commissioner Mollie Marcoux Samaan after the final round of golf during the CME Group Tour Championship at the Tiburon Golf Club in Naples, Fla., Sunday, November 19, 2023.
December 2, 2024

LPGA Commissioner Leaving After Brief Up-and-Down Tenure

Mollie Marcoux Samaan was hired in 2021.
Sponsored

How UBS Crafts Impactful Partnerships Across Sports, Arts, and Culture

As UBS continues to expand its impressive array of sports and entertainment partnerships, the company solidifies its position as a leader in wealth management.
November 11, 2024

Endeavor to Sell OpenBet, IMG Arena to Its CEO Ari Emanuel

The move is “a necessary step” as Endeavor seeks to go private.
May 22, 2024; Minneapolis, Minnesota, USA; Minnesota Timberwolves minority owners Marc Lore and Alex Rodriguez look on in the second half against the Dallas Mavericks during game one of the western conference finals for the 2024 NBA playoffs at Target Center.
October 23, 2024

A-Rod, Lore Deposit $940M As Wolves Ownership Hearing Nears

Rodriguez and Lore made a large escrow deposit in advance of a key upcoming arbitration hearing.
October 22, 2024

Dude Perfect CEO’s Task: Make the Dudes a Media Company

Dude Perfect’s new CEO wants fans to be able to experience the brand in person.
Feb 13, 2023; Beverly Hills, CA, USA; Disney CEO Bob Iger arrives at the 95th Oscars nominees luncheon at the Beverly Hilton in Beverly Hills, Calif. on Monday, Feb. 13, 2023.
October 21, 2024

Bob Iger’s Successor Won’t Be Named Until 2026

Iger’s current contract expires at the end of 2026.