Every year Forbes comes out with its annual rankings of the world’s most valuable sports franchises - including NFL, NHL, NBA, MLB, soccer, NASCAR and Formula One teams. It takes a lot to make it on this list with all top 10 teams valued at over $3 Billion. Only one team in the world is worth more than $4 Billion. But what makes a valuable franchise in the first place?
Sports teams are always looking for new ways to bring in money. Whether that is TV contracts, labor deals with players, or stadium sponsorships, the sports industry is going to reach over $70 Billion by 2019.
Plain and simple, winning teams sell more tickets and merchandise influencing a teams reputation. If a team wins Super Bowls or World Series’, you better believe that will impact a teams clout.
The public also views a team based on their history and traditions. Maybe a team hasn’t won in years like the New York Knicks, but they have a history of being one of only two NBA teams to be located in its original city.
One of the sports most dynamic trios, Troy Aikman, Emmitt Smith, and Michael Irving, helped make the Cowboys stand out in the NFL winning 3 Super Bowls to add to their previous 2. A single player can make such a significant impact on a team and bring in fans, or ultimately lose them.
Speaking of fans, sometimes teams just have the most fabulous fans. Seattle Seahawks have named their fans “The 13th Man”. Or tickets for the Green Bay Packers at the historic Lambeau Field have been sold out since 1960, according to Bleacher Report.
Nobody can compete with the NFL as it is the most profitable sports league out there. But European Soccer is the most popular sport in the world. The nature of the sports association itself, the league, the management, players, all help determine the value of a team.
So without further ado, here are the top 10 most valuable sports franchises in the world.