Ravens are 21st in CNBC’s NFL team valuations

CNBC released their rankings about an hour before the NYSE opened on Thursday, and the Baltimore Ravens, unfortunately, did not place well

Just in time for the 2024 NFL season kickoff, CNBC released its first-ever “official” National Football League franchise valuations.

The business-centric network released its rankings about an hour before the New York Stock Exchange opened on Thursday morning. Unfortunately, for the Baltimore Ravens, they did not place well.

The good news is that they’re worth $6.03 billion and have annual revenue of $584 million. The bad news is that their EBITDA (earnings before interest, taxes, depreciation, and amortization) of $46 million is second lowest in the league.

Only the division rival Cincinnati Bengals were worse, and they happen to be the franchise that came in dead last in the rankings, with a valuation of $5.25 billion.

The Ravens came in 21st, as the average valuation for a franchise in the world’s most profitable sports league is currently $6.49B.

While it has been a generation since the Dallas Cowboys won anything significant, these rankings explain why their “America’s Team” moniker has persisted for over a half-century.

They don’t just top the list, with a valuation of $11B, they’re also $3B ahead of their next closest competitor, the L.A. Rams.

The author of the article that revealed the study, Mike Ozarian, went on CNBC early this morning to discuss the rankings. He said that stadium revenue is one of the biggest drivers, with corporate suites being one of the most important money makers on this dimension.

As he pointed out, these rankings do not perfectly sync with winning and losing. Merchandising, concessions, and attendance are three revenue streams that move up and down in conjunction with the rise and fall of winning percentage.

He also discussed the NFL’s changing business priorities during his appearance on “Squawk Box.”

“What they’re trying to figure out right now is, they’ve got some great programming, NFL Red Zone, NFL+, which is the league’s streaming service,” Ozarian said.

“You’ve got a lot of historical films, old games and stuff like that, they’ve been toying with the idea- do we put that in a separate company?

“Do we sell equity in that?

“How do we monetize that? That will probably be the next big revenue game the league has.”

While Ravens owner Steve Bisciotti is doing VERY well in life financially, he probably won’t be too happy with how his club showed out here.

Ohio high school homecoming game gets special attention for smart helmet tech

Centerville (Ohio) was featured on CNBC for their homecoming game due to their innovation with player safety helmets.

Football remains the most popular sport in the country—but, as ubiquitous and untouchable as it seems, there is one long-term threat to football that isn’t going away anytime soon: Head injuries.

That’s why reducing head injuries and Chronic Traumatic Encephalopathy (CTE) has become such a point of emphasis at every level of the game, especially for younger athletes whose brains are still developing and more vulnerable.

And one Ohio high school received some special attention at their homecoming game this past weekend for such a mission: the team’s embrace of a special kind of helmet with sensors intended to collect data to help prevent concussions.

Centerville was the subject of a CNBC broadcast by alumna Courtney Regan, a 2001 graduate. She was on hand to report on the school’s use of the Riddell InSite helmets they’ve been wearing for the last five years.

David Jablonski at the Dayton Daily News has the details:

“Centerville purchased the helmets five years ago with help from Bill’s Donuts in Centerville. It cost $12,000 to purchase 120 helmets, which collect and analyze data from on-field head impacts. The coaches and trainers can then monitor the data and help the players improve their technique to help avoid impacts.”

Here’s a look at how the smart helmet technology works

Centerville defeated Northmont (Ohio) 37-6, moving to 5-0 on the season.

More:

USA TODAY Sports Super 25 high school football rankings: Week 4

Social Buzz of the Week: Arch Manning leads an impressive round of must-see moments

Vols to play Florida on CNBC

Tennessee to play Florida on CNBC.

The USA Rugby 7s Collegiate National Championships will take place May 14-15 at Fifth Third Bank Stadium in Kennesaw, Georgia.

Tennessee will play three matches Saturday.

The USA Rugby 7s Collegiate National Championships will follow the Olympic format of seven players per side and seven minutes per half.

Tennessee’s USA Rugby 7s Collegiate National Championships schedule and opponents

  • Oregon State (Saturday, 10:45 a.m. EDT, field No. 3)
  • Stanford (Saturday, 12:40 p.m. EDT, field No. 3)
  • Florida (Saturday, 2:51 p.m. EDT, field No. 1)*

*CNBC

USA Rugby 7s Collegiate National Championships broadcast schedule

  • Saturday 2-4 p.m. EDT (CNBC)
  • Saturday 10 a.m.-6 p.m. EDT (Peacock)
  • Sunday 10 a.m.-6 p.m. EDT (Peacock)
  • Sunday 2-4 p.m. EDT (CNBC)
  • Sunday 4-6 p.m. EDT (NBC)

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LeBron James denies reports that NBA execs want to cancel season

A report from CNBC on Thursday says NBA team executives and agents representing NBA players are starting to push for the league to cancel its season.

A report from CNBC on Thursday says NBA team executives and agents representing NBA players are starting to push for the league to cancel its season.

LeBron James denies reports that NBA execs want to cancel season (Lebronwire)

A report from CNBC on Thursday says NBA team executives and agents representing NBA players are starting to push for the league to cancel its season.

A report from CNBC on Thursday says NBA team executives and agents representing NBA players are starting to push for the league to cancel its season.

LeBron James denies reports that NBA execs want to cancel season (Hoopshype)

A report from CNBC on Thursday says NBA team executives and agents representing NBA players are starting to push for the league to cancel its season.

A report from CNBC on Thursday says NBA team executives and agents representing NBA players are starting to push for the league to cancel its season.