The World’s Most Valuable Sports Empires of 2024 ...Middle East

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The World’s Most Valuable Sports Empires of 2024
According to Forbes, in 2024, the 15 most valuable sports empires in the world will boast a combined enterprise value of $216 billion (or an average of $8.6 billion), marking a remarkable 24% increase from the previous year. The driving force behind this surge? The steadfast growth of team valuations. Last November, the Ontario Municipal Employees Retirement System acquired a 5% stake in Maple Leaf Sports and Entertainment (MLSE), the parent company of the NHL’s Toronto Maple Leafs, the NBA’s Toronto Raptors, and MLS’s Toronto FC. This strategic move included the purchase of a 20% stake in Kilmer Sports from Larry Tanenbaum, valuing the entire enterprise at $8.4 billion. An executive fro

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