Forbes Magazine has published its list of top sports empires in 2023, showcasing the amount of wealth present in sports’ biggest sports groups.
1. Liberty Media
Value: $20.8 billion
Properties: Atlanta Braves, Formula 1, Drone Racing League*, Kroenke Arena Co.*, Meyer Shank Racing*, Overtime Sports*
Key People: Gregory Maffei (president and CEO), Albert Rosenthaler (CCDO)
2. Kroenke Sports & Entertainment
Value: $12.75 billion
Properties: Los Angeles Rams, Colorado Avalanche, Denver Nuggets, Arsenal FC, The Guard, Colorado Rapids, Colorado Mammoth, Altitude Sports and Entertainment
Key Person: E. Stanley Kroenke (owner and chairman)
3. Jerry Jones
Value: $11.32 billion
Properties: Dallas Cowboys, Legends Hospitality*, The Star, GameSquare Esports*
Key Person: Jerry Jones (owner, president and general manager of the Cowboys)
4. Fenway Sports Group
Value: $10.4 billion
Properties: Boston Red Sox, Liverpool FC, Roush Fenway Keselowski Racing*, NESN, Fenway Sports Management, Pittsburgh Penguins
Key People: John Henry (cofounder and principal owner), Thomas Werner (co founder and chairman)
5. Madison Square Garden Sports
Value: $9.17 billion
Properties: New York Knicks, New York Rangers, Counter Logic Gaming, Hartford Wolf Pack
Key People: James Dolan (executive chairman), David Hopkinson (president and COO)
6. The Kraft Group
Value: $7.94 billion
Properties: New England Patriots, New England Revolution, UFC*, Kraft Analytics Group, DraftKings*, Oxygen Esports*
Key Person: Robert Kraft (founder, chairman and CEO)
7. Yankee Global Enterprises
Value: $7.64 billion
Properties: New York Yankees, Legends Hospitality*, YES Network*, New York City FC*, Yankee Stadium Events, AC Milan*
Key Person: Hal Steinbrenner (managing general partner and chairman)
8. Glazer Family
Value: $7.53 billion
Properties: Manchester United, Tampa Bay Buccaneers
Key People: Bryan Glazer (owner and co-chairman of the Buccaneers), Edward Glazer (owner and co-chairman of the Buccaneers), Joel Glazer (owner and co-chairman of the Buccaneers)
9. Paul G. Allen Trust
Value: $7.41 billion
Properties: Seattle Seahawks, Portland Trail Blazers, Seattle Sounders*
Key Person: Jody Allen (chairwoman)
10. Maple Leaf Sports & Entertainment
Value: $6.42 billion
Properties: Toronto Raptors, Toronto Maple Leafs, Toronto FC, Toronto Argonauts, Toronto Marlies
Key People: Cynthia Devine (president and CEO), Sabina Rizvi (CFO)
11. 49ers Enterprise
Value: $5.97 billion
Properties: San Francisco 49ers, Leeds United* FC, Elevate Sports Ventures*
Key People: Denise DeBartolo York (owner and co-chairman of the 49ers), John York (owner and co-chairman of the 49ers)
12. City Football Group
Value: $5.96 billion
Properties: Manchester City, New York City FC, Melbourne City FC
Key People: Ferran Soriano (CEO), Roel De Vries (Group COO)
13. Shad Khan
Value: $5.95 billion
Properties: Jacksonville Jaguars, Fulham FC, All Elite Wrestling
Key People: Shad Khan (owner of the Jaguars), Tony Khan (chief football strategy officer; CEO and general manager of AEW)
14. Benson Family
Value: $5.69 billion
Properties: New Orleans Saints, New Orleans Pelicans
Key Person: Gayle Benson (owner of the Saints and Pelicans)
15. Guggenheim Baseball Management
Value: $4.92 billion
Properties: Los Angeles Dodgers, Spectrum SportsNet LA
Key Person: Mark Walter (CEO)
16. Haslam Sports Group
Value: $4.83 billion
Properties: Cleveland Browns, Columbus Crew
Key People: Dee and Jimmy Haslam (managing and principal partners)
17. AMB Sports and Entertainment
Value: $4.77 billion
Properties: Atlanta Falcons, Atlanta United, PGA Tour Superstore, AMBSE Ventures*
Key People: Arthur Blank (owner)
18. Harris Blitzer Sports & Entertainment
Value: $4.65 billion
Properties: Philadelphia 76ers, New Jersey Devils, New Meta Entertainment*, Elevate Sports Ventures*, HBSE Ventures, Utica Comets
Key People: Josh Harris (cofounder and managing general partner), David Blitzer (co founder and co-managing partner)
19. Tepper Sports & Entertainment
Value: $4.55 billion
Properties: Carolina Panthers, Charlotte FC
Key Person: David Tepper (owner)
20. Monumental Sports & Entertainment
Value: $4.51 billion
Properties: Washington Wizards, Washington Capitals, aXiomatic*, NBC Sports Washington, Monumental Sports Network, Washington Mystics
Key Person: Ted Leonsis (principal partner and CEO)
21. Pegula Sports & Entertainment
Value: $4.46 billion
Properties: Buffalo Bills, Buffalo Sabres, Adpro Sports, Buffalo Bandits, Rochester Americans, Rochester Knighthawks
Key People: Terry and Kim Pegula (owners)
22. Wilf Family
Value: $4.36 billion
Properties: Minnesota Vikings, Orlando City SC, Orlando Price, Wise Ventures
Key Person: Zygmunt Wilf (owner and chairman of the Vikings)
23. Joe Tsai
Value: $3.99 billion
Properties: Brooklyn Nets, San Diego Seals, Las Vegas Desert Dogs, New York Liberty, G2 Esports*, LAFC*
Key Person: Joe Tsai (owner of the Nets)
24. Ricketts Family
Value: $3.73 billion
Properties: Chicago Cubs, Marquee Sports Network*
Key Person: Tom Ricketts (owner and chairman of the Cubs)
25. RedBird Capital Partners
Value: $3.60 billion
Properties: AC Milan, Fenway Sports Group*, Yes Network*, Rajasthan Royals*, Toulouse FC, XFL*, Dream Sports*
Key Person: Gerry Cardinale (founder and managing partner)
Read more about the list HERE
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Author: David Keech
David Keech is a retired teacher and works as a sportswriter, sports official and as an educational consultant. He has reported on amateur sports since 2011, known as 'KeechDaVoice.' David can be reached at [email protected]
