Forbes’ 2023 World’s Most Valuable Sports Teams: NFL Dominates, Top Football Clubs Slip
umba they dominate the prestigious Forbes list of the world’s most valuable sports teams, with the Dallas Cowboys retaining their crown. Meanwhile, top European football clubs face valuation drops.
Top 10 Most Valuable Sports Teams in 2023
- Dallas Cowboys (NFL) – $13 billion
- Golden State Warriors (NBA) – $11 billion
- Los Angeles Rams (NFL) – $10.5 billion
- New York Giants (NFL) – $10.1 billion
- Los Angeles Lakers (NBA) – $10 billion
- New York Knicks (NBA) – $9.75 billion
- New England Patriots (NFL) – $9 billion
- San Francisco 49ers (NFL) – $8.6 billion
- Philadelphia Eagles (NFL) – $8.3 billion
- Chicago Bears (NFL) and New York Yankees (baseball) – $8.2 billion
European Football’s Biggest Guns Slip in Rankings
“Real” Madrid, Barcelona, Manchester United, and Liverpool, four of Europe’s most storied football clubs, have seen their valuations drop significantly. Here’s how their rankings changed:
- Real Madrid – down 8 positions to 20th with $6.75 billion
- Manchester United – down 10 positions to 24th with $6.6 billion
- Barcelona – down 20 positions to 42nd with $5.65 billion
- Liverpool – down 21 positions to 48th with $5.4 billion
Forbes’ Methodology & Football Absence in Top 10
Forbes calculated each team’s value based on enterprise value, including stadium economics, regional broadcast rights, and other sports assets (“Forbes’ methodology”, 2023). No football teams featured in the top 10, with NFL clubs and Golden State Warriors dominating the listing.
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Did You Know?
To provide context, in 2019, the most valuable sports team globally was worth around $4 billion, while the least valuable team in Forbes’ 2023 list is worth $4 billion more – around $8 billion (de Sovinska, 2021).
Frequently Asked Questions
How does Forbes calculate team values?
Forbes calculates team values based on enterprise value, including stadium economics and regional broadcast rights but not the value of regional sports networks themselves (Forbes’ methodology, 2023).
Why are NFL teams so dominant in the Forbes list?
NFL teams’ dominance in the Forbes list can be attributed to the league’s lucrative broadcast deals, extensive merchandise sales, and high attendance figures (Mahoney, 2021).
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