The World’s 50 Most Valuable Sports Teams 2023 ...Middle East

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The World’s 50 Most Valuable Sports Teams 2023
source : Bloomberg News Today ( Middle East ) () 29
The NFL remains the most dominant league financially, but it’s not the fastest growing sport in terms of value. By Mike Ozanian, Forbes Staff and Justin Teitelbaum, Forbes Staff It’s getting harder to stay on top. The world’s 50 most valuable sports teams are now worth a combined $256 billion (an average of $5.12 billion), 15% more than a year ago. And this year’s cutoff is higher than ever—$3.7 billion, or an increase of 19% from 2022. Five-Year Growth: Sports Team Values are Through the Roof The rise in valuations is primarily due to the higher multiples of revenue being paid for teams. The NFL’s Washington Commanders, ranked 12th on this year’s list of the top 50 teams, sold for a r

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