What Will be the World’s Most Valuable Sports Franchise?
What Will be the World’s Most Valuable Sports Franchise?
Sports has proved to be a lucrative industry since the very first match ticket was sold. Over the decades, many of the world’s biggest teams have become multi-billion businesses.
NFL football teams are well-regarded for dominating the Forbes wealth list, with their profits growing exponentially year after year. However, other sports leagues rank highly among them, including teams from the NBA, Premier League, MLB, and La Liga.
Who is most likely to come out on top in 2024? Keep reading to learn about the world’s most valuable sports franchise by the end of the year.
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Which Team is Likely to be the Most Valuable Sports Franchise?
The Dallas Cowboys will most likely be the most valuable sports franchise in 2024. According to Forbes, the NFL team has a value of $9 billion, and its most recent valuation has increased to $9.2 billion, proving its finances are more than healthy.
Despite not lifting a trophy in decades, the team has reportedly earned $1.17 billion in operating income from 2021 to 2023.
The Dallas Cowboys are also the most watched team in the world, with every TV network eager to secure the games, as the iconic team has the largest NFL fanbase in the United States.
The New York Yankees are likely to rank at the top of the rich list, too, as they have a reported value of $7.10 billion, making them the most valuable team in Major League Baseball (MLB). The team also remains at a financial pace with last year, selling $199 million in tickets ahead of the season.
Real Madrid has undoubtedly had a great year, as the Spanish team lifted the 2024 UEFA Champions League trophy and became La Liga champions for the 36th time, much to fans’ delight. All this success is likely to be reflected in the soccer club’s value, which was an estimated $6.07 billion in 2023.
Real Madrid also reportedly recorded an increase of €118 million in revenue from the previous year at the start of 2024. According to the club, 16% of its financial growth is due to higher stadium attendance, stronger retail performance, and sponsorship income recovery.
Of course, other teams from across the world could hit the top spot for the world’s most valuable sports franchises, such as Golden State Warriors, New England Patriots, New York Jets, Chicago Bears, and the New York Knicks, to name a few.