Global sports empires estimated value 2024

Some of the biggest sports empires in the world own not only entire franchises, but also sports media and hospitality businesses. The most valuable global sports empire in 2024 was Liberty Media, worth an estimated 18.22 billion U.S. dollars. The mass media company owns Formula One and has partial ownership of the Drone Racing League.

Kroenke Sports & Entertainment

Kroenke Sports & Entertainment, although not the largest sports empire in the world, has control over multiple sports franchises, a football club, various stadiums, eSports teams, TV channels, sports magazines, and more. One of the teams from the company’s football club is Arsenal F.C., a professional football club based in North London. Despite having stakes in companies outside of the U.S., Kroenke Sports & Entertainment is based in Denver, Colorado.

Fenway Sports Group

Fenway Sports Group, the third largest sports empire in the world, is an American multinational sports conglomerate that owns numerous sports teams such as the Boston Red Sox and the Pittsburgh Penguins. The former team has won nine world championships and ranked as the one of the most valuable franchises in Major League Baseball as of 2023. Similar to Kroenke Sports & Entertainment, Fenway Sports Group is based in the United States.

Most valuable sports empires worldwide in 2024 (in billion U.S. dollars)

Characteristic	Value in billion U.S. dollars
Liberty Media	18.22
Kroenke Sports & Entertainment	15.59
Fenway Sports Group	12.95
Jerry Jones	12.8
Harris Blitzer Sports & Entertainment	11.86
Madison Square Garden Sports	10.25
The Kraft Group	9.13
Yankee Global Enterprises	9.07
Paul G. Allen Trust	9.06
Maple Leaf Sports & Entertainment	8.47
Shad Khan	8.25
Glazer Family	8.02
Benson Family	7.29
49ers Enterprises	7.21
AEG	7.2
Stephen Ross	6.91
City Football Group	6.85
Steve Ballmer	6.65
Haslam Sports Group	6.4
Monumental Sports & Entertainment	6.16
Hunt Family	5.8
Jacobs Family	5.65
AMB Sports and Entertainment	5.5
Tepper Sports & Entertainment	5.26
Wilf Family	4.95

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Release date

February 2024

More information

Region

Worldwide

Survey time period

2024

Special properties

figures are estimates

Supplementary notes

The source adds the following information: "Only people or entities with a majority interest in at least one team were eligible. Thus, Barcelona, the world’s most valuable soccer team at $4.76 billion, was excluded from our empires list because the Spanish soccer team is owned by more than 140,000 club members. Likewise, Michael Rubin and Fanatics are excluded from our list, despite his minority ownership in sports teams and the company’s dominance in sports apparel merchandise."

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