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6h ago

Kroenke Tops $225 Billion Valuation of World’s Top 20 Sports Ownership Empires

The list reflects strict ownership thresholds with multiplier adjustments that underscore how shared administration is amplifying franchise worth

Owner of the Los Angeles Rams Stan Kroenke holds up the Vince Lombardi Trophy after Super Bowl LVI at SoFi Stadium on February 13, 2022 in Inglewood.
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Los Angeles Rams owner Stan Kroenke watches players warm up before a game between the Los Angeles Rams and the Pittsburgh Steelers, on Oct. 22, 2023.

Overview

  • CNBC’s July 8 list values the world’s 20 most valuable sports ownership groups at a combined $225 billion.
  • Kroenke Sports & Entertainment leads at $21.2 billion after combining ownership of the LA Rams, Colorado Avalanche, Denver Nuggets and Arsenal.
  • Entities must hold majority ownership of at least one sports team valued at $1 billion and possess $500 million in additional sports-related investments to qualify.
  • Valuations exclude non-sports businesses and apply a 1.1–1.4× multiplier to asset sums based on franchise mix and recent transactions.
  • Recent June acquisitions by Mark Walter (a $10 billion Lakers controlling interest) plus Woody Johnson (buying a 43% stake in Crystal Palace) highlight accelerating consolidation across leagues.