Tag: Forbes

Shad Khan cracks Forbes’ ‘Most Valuable Sports Empires’ list

Khan’s empire is valued at $4.80 billion and includes ownership stakes in Fulham FC and All Elite Wrestling, in addition to the Jaguars.

Jacksonville Jaguars fans may not have the highest opinion of Shad Khan’s tenure as the owner of the team. Since Khan bought the franchise from the Weaver Family in 2012, the Jags have gone just 42-119 with only one winning season in the mix. Some feel that Khan is more interested in his downtown real estate investments and development projects than he is in building a competitive team, and while that may be fair, there’s no denying his success in the sports business.

On Forbes’ list of the most valuable sports empires, Khan ranks No. 12 with his ownership stake in England’s Fulham FC and All Elite Wrestling in addition to the Jaguars. Khan’s properties are collectively valued at $4.80 billion, just behind Maple Leaf Sports & Entertainment, which owns the Toronto Raptors, Toronto Maple Leafs, Toronto FC, Toronto Argonauts and Toronto Marlies. It’s also just ahead of the Benson family, who owns the New Orleans Saints and Pelicans.

At the top of the list is Liberty Media, which has ownership in the Atlanta Braves, Formula 1, Drone Racing League, Kroenke Arena Company, and Meyer Shank Racing.

Considering Khan paid just $770 million to purchase the Jags, he has made the franchise more valuable. He just needs the on-field success to follow.

Stephen Ross lands on Forbes’ ‘Most Valuable Sports Empires’ list

His value is not just from the Dolphins.

Stephen Ross, the owner of the Miami Dolphins, has been busy over the last couple of weeks, as his team is trying to find a new head coach to replace Brian Flores.

While he deals with that situation, he’s found himself on Forbes’ list of the most valuable sports empires in 2022. According to Forbes, Ross finds himself at No. 21 on the list of 25 with a value of $3.45 billion. That number comes from his ownership of the Miami Dolphins, Drone Racing League, Champions Cup, and Miami Open.

Ross finished right behind Philadelphia Eagles owner Jeffrey Lurie ($3.5 billion) and just above Los Angeles Clippers owner Steve Ballmer ($3.35 billion).

The top empire on this list was Liberty Media (valued at $17.2 billion). The group has ownership in the Atlanta Braves, Formula 1, Drone Racing League, Kroenke Arena Company, and Meyer Shank Racing.

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Report: Jake Paul earned $40 million in the ring last year

Report: Jake Paul earned $40 million in the ring last year.

Jake Paul demonstrated last year that drawing power isn’t necessarily related to ability.

The YouTuber-turned-boxer earned an estimated $40 million before taxes for his three pay-per-view fights in 2021, according to Forbes. He also made about $5 million outside boxing, including videos.

The $45 million would’ve been No. 20 on the previous year’s list of highest-paid athletes, ahead of No. 1 boxer Canelo Alvarez’s $34 million.

Paul also was No. 2 on the list of highest-earningYouTube personalities for 2021, behind only MrBeast ($54 million).

Paul defeated former MMA stars Ben Askren (TKO 1) and Tyron Woodley (SD) and (KO 6) last year to run his pro record to 5-0. His one-punch stoppage of Woodley in their rematch went viral.

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Report: Jake Paul earned $40 million in the ring last year

Report: Jake Paul earned $40 million in the ring last year.

Jake Paul demonstrated last year that drawing power isn’t necessarily related to ability.

The YouTuber-turned-boxer earned an estimated $40 million before taxes for his three pay-per-view fights in 2021, according to Forbes. He also made about $5 million outside boxing, including videos.

The $45 million would’ve been No. 20 on the previous year’s list of highest-paid athletes, ahead of No. 1 boxer Canelo Alvarez’s $34 million.

Paul also was No. 2 on the list of highest-earningYouTube personalities for 2021, behind only MrBeast ($54 million).

Paul defeated former MMA stars Ben Askren (TKO 1) and Tyron Woodley (SD) and (KO 6) last year to run his pro record to 5-0. His one-punch stoppage of Woodley in their rematch went viral.

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Cowboys News: Rebirth for Jaylon and Leighton? Is McCarthy’s seat already hot?

Don’t give up on the LB duo that took Dallas by storm in 2018, concern for La’el Collins, and the clock’s already ticking for McCarthy. | From @StarConscience and @ToddBrock24f7

Cowboys fans who have already mentally ceded the team’s top two linebacker spots to Micah Parsons and Keanu Neal aren’t alone in their optimism for the newcomers. But don’t give up completely on Jaylon Smith and Leighton Vander Esch quite yet. There’s statistical evidence that says- based on their years- their best days may be yet to come.

And after a bad-luck debut season, head coach Mike McCarthy likely deserves a do-over. But since he won’t get one, it’s fair to ask if he’s already on the hot seat as he oversees a talented team with superstars in their prime. Lots of looking ahead to Tampa, with Dak Prescott ready to rock and roll, Tyron Smith ditching his neck roll, and a rookie defender hoping to get on a roll against the Bucs. There’s concern about La’el Collins’s status for opening night, Week 1 uniform news, details on a Cowboys watch party, and a top-dollar subplot to the Prescott-versus-Brady matchup. All that and more, in News and Notes.

Lions sit near the bottom of NFL franchise values

The Lions remain one of the least-valuable NFL franchises

The Detroit Lions remain among the least-valuable NFL franchises and had a net operating loss in 2020. Those are among the financial reports from Forbes in the publications’ annual rankings of the most valuable pro sports franchises.

The Lions are 30th of the 32 NFL teams in terms of overall franchise value, with the team worth $2.4 billion. Only the Buffalo Bills and Cincinnati Bengals, each valued at $2.27 billion, are less than the Lions. Detroit trails behind the Cleveland Browns by $200 million for 29th place.

One reason for the Lions lowly ranking is that the team posted a net operating loss in 2020 according to Forbes’ figures. The team had a net operating income that was down $22.2 million last year. The lack of fan attendance due to the COVID-19 pandemic certainly played a role.

Disregard the NFL’s 20% drop in revenue during the pandemic-impacted 2020 season, to an average of $381 million per team. Forget that operating income (earnings before interest, taxes, depreciation and amortization) plummeted to an average of $7.1 million a team, from $109 million the previous season. The fact is, money came raining down on the NFL over the past year, pushing the value of the average team up 14%, to $3.48 billion, the biggest gain in five years.

The Dallas Cowboys lead the pack at $6.5 billion, a full $1.5 billion more than the second-place New England Patriots.

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Where do Jets rank among Forbes’ most valuable NFL teams?

See where the Jets rank among Forbes’ most valuable NFL teams.

Last year was unlike any other the NFL had experienced due to the COVID-19 pandemic, but that did not prevent the league from raking in a boatload of cash.

Despite the pandemic, the value of each NFL franchise went up by an average of 14 percent, according to Forbes, the biggest gain in five years. In March, the NFL signed $111.8 billion in media rights deals, with those deals representing an 82 percent average annual increase over the current deals.

With the value of each team skyrocketing, Forbes recently took a dive into the NFL’s most valuable organizations. The Jets have not done too much winning in recent years, but they remain one of football’s most valuable teams due in large part to the massive New York media market.

Continue reading to see Forbes’ top 10 most valuable NFL teams and where the Jets stand in the rankings.

Dolphins ranked as NFL’s 15th most valuable franchise by Forbes

Dolphins ranked as NFL’s 15th most valuable franchise by Forbes

The Miami Dolphins haven’t been able to say they can rub elbows with the most valued organizations in the NFL over the past few years in terms of value. One of the annual exercises of the summer during the dog days of summer is Forbes dropping their list of the most valuable NFL franchises and this year’s list further reinforces the fact that Miami still has some ground to make up in order to be considered one of the crown jewels of the league.

The Dolphins check in at No. 15 on this year’s Forbes list with a valuation of $3.42 billion. With a b!

The Dallas Cowboys unsurprisingly claim the top spot on the list ($6.5 billion), easily pacing the field. Only one other franchise, the New England Patriots, surpasses $5 billion.

But regardless of the mid-level valuation for the Dolphins, there’s still plenty of reasons for optimism about the future of the “business”. Most notably, Miami’s one-year growth of 18% is the fourth-highest of all 32 franchises; only giving ground to the Super Bowl champion Buccaneers (29%…Tom Brady and a Lombardi Trophy will do that for you), the Los Angeles Rams (20%) and the Washington Football Team (20%).

The Dolphins were also one of just 12 NFL franchises to close the 2020 year with a net positive operating income, as well.

Unlike the top of the charts, the Dolphins are in a fairly crowded field of teams and if they’re able to replicate their 18% enterprise growth once again and all other teams ahead of them were to replicate their own respective 2020 growths, Miami would be able to push themselves to the 12th overall spot, passing a handful of teams including the Seattle Seahawks and Green Bay Packers. Miami was 18th on Forbes’ 2020 edition of the list, too; so the Dolphins are an investment that is trending in the right direction for owner Stephen Ross.

Presuming the winning on the field continues, one would think that the growth of the Dolphins organization will continue to accelerate. And that’s an exciting proposition for all.

Cowboys franchise value reaches $6.5 billion. Yes, with a B. Here’s how.

For the 15th straight year, the Dallas Cowboys are the NFL’s most valuable franchise. To put it lightly, they’ve enjoyed one heck of a hot girl summer. | From @CDBurnett7

Cowboys team owner Jerry Jones has been the mastermind in regards to the value of the Dallas organization. From the Super Bowl wins in the 90s to the construction of AT&T Stadium in 2009, it’s been a complete success, financially. Every year, Forbes releases their rankings in value for all NFL franchises and to no surprise, Dallas is on top yet again.

For the 15th year in a row. Even more amazing, when Forbes released their list of most valuable sports franchises in May, just three months ago, the value of the organization sat at a measly $5.7 million.

After a year in a pandemic where the salary cap dropped due to the financial losses, the Cowboys were one of two teams to have operating revenue of over $100 million and Dallas was the only one to make over $200 million in operating revenue. Since AT&T Stadium welcomed fans during the pandemic, the potential loss was limited in Dallas. The Cowboys averaged 29,187 fans at home games in 2020, under a third of their average in 2019. Over the last year, the Cowboys moved to $6.5 billion in value, $1.5 billion higher than any other NFL franchise.

The NFL franchise average gain over the last year was 14% and the trends are soon to continue up. With professional leagues now interwoven into the gambling world and the new media rights deal being worth $111.8 billion, team values will be rocketing up in the coming years. Jones and Dallas could be taking these deals and looking towards an even bigger number in 2021 if $6.5 billion wasn’t enough.

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