Real Madrid is worth $3.26 billion and tops the list of the 50 most valuable sports teams in the world, according to Forbes.
There is so much television programming available these days and so many ways to watch it, that it takes a unique product to stand out.
Sports programming is unique because it is immediate. Until the outcome is known, the programming is extremely valuable.
That’s why media outlets around the world are paying billions upon billions for the rights to broadcast, televise and/or stream sports game programming. That’s also why the value of sports teams is rising in leaps and bounds.
Forbes Wednesday came out with its top 50 most valuable sports teams in the world, and the valuation of those 50 teams is 31 percent higher than it was last year. On average, the 50 top sports teams or clubs are worth $1.75 billion.
The 50th team is worth $1.15 billion, more than half a billion dollars higher than the 50th team’s worth last year of $856 million. The valuation has risen dramatically due to new contracts signed within Major League Baseball as well as the new league-wide contracts signed by the National Basketball Association.
The National Football League ended up with 20 teams on the list, followed by 12 for Major League Baseball, 10 for the NBA, and seven from the world of soccer. The National Hockey League had one team, the Toronto Maple Leafs, come in at No. 37.
In total, 62 franchises from all sports were valued to be worth at least $1 billion.
The top five most highly valued sports teams are:
No. 1 Real Madrid – The value of the Spanish soccer power actually dropped 5 percent from last year due to the value of the euro versus the dollar, but it remains atop the list for the third consecutive year with revenues of $746 million and profit of $71 million. It is valued at $3.26 billion to top the list.
No. 2 Dallas Cowboys/New York Yankees (tie) – Each valued at $3.2 billion, the Cowboys benefit from that ridiculous AT&T Stadium, while the Yankees increased their value by 28 percent due to broadcasting rights fees.
No. 4 Barcelona – The other Spanish soccer giant continues to chase Real Madrid with a value of $3.16 billion. Another Forbes list shows Barcelona tops Real Madrid among most popular sports teams among fans on social media.
No. 5 Manchester United – With a slew of new talent signings, Man U’s value may rise above its current $3.1 billion.
Nos. 6 through 10 are the Los Angeles Lakers, the New England Patriots, the New York Knicks, with the Los Angeles Dodgers and Washington Redskins tied for ninth.
Kent McDill is a staff writer for Millionaire Corner. McDill spent 30 years as a sports writer, working for United Press International and the Daily Herald of Arlington Heights, Ill. From 1988-1999, he covered the Chicago Bulls for the Daily Herald, traveling with them every day through the nine-month season. He also covered the Bulls for UPI from 1985-88, and currently covers the team for www.nba.com. He has written two books on the Bulls, including the new title “100 Things Bulls Fans Should Know And Do Before They Die’, published by Triumph Books. In August 2013, his new book “100 Things Bears Fans Should Know And Do Before They Die” gets published.
In 2008, he resigned from the Herald and became a freelance writer. The Herald hired him to write business features and speeches for the Daily Herald Business Conferences and Awards presentations.
McDill also writes a monthly parenting column for the Herald’s Suburban Parent magazine.
McDill is the father of four children, and an active fan of soccer, Jimmy Buffett and all things Disney.