With a market value of $5.5 billion, the most valuable sports team in the US and the world is Dallas Cowboys; which is retaining the foremost position for the 5th year running.
Sports teams in major divisions are well represented in our list; including the National Basketball Association, Major League Baseball, National Football League, and the National Hockey League.
This article brings you the list of the most valuable sports teams in the world, as of December 31, 2020. Read on!
5 most valuable sports teams in 2020
1. Dallas Cowboys
Dallas Cowboys, with a market value of $5.5 billion, is the most valuable sports team in the US. The NFL team may have been without a championship trophy for over two decades, but they’ve been able to retain their spot as the richest team in the country for the past 5 years.
Dallas Cowboy’s value rose significantly upon completion of their current home ground in 2009, which is valued at $1.2billion. In 2013, AT&T Inc. bought the naming rights of the stadium, in a deal estimated to be worth up to $600million.
2. New York Yankees
New York Yankees has featured in the top 10 valuable sports teams for five consecutive years. And have the bragging rights of being the only team in Major League Baseball to do so. With an estimated value of $5 billion, the Yankees retained the No. 2 spot from 2019, behind the Cowboys.
The team’s most recent title was the championship they won in 2009. However, they remain the most recognized and most decorated team in the MLB, with 27 World Series titles.
3. New York Knicks
For the third year in a row, New York Knicks is the most valuable team in the NBA and ranks the 3rd most valuable sports team in the US.
As of 2020, the team has an estimated value of $4.6billion; having overtaken LA Lakers as the most valuable NBA team in 2016. The Knick’s mammoth net worth was significantly boosted by the 29-year media rights deal, which is worth an estimated $100 million per year.
Aside from being a major franchise in the NBA, the Knicks is a part of the public-owned enterprise, Madison Square Garden Co., and enjoys some of the perks from other entities in the group.
4. Los Angeles Lakers
LA Lakers is the second most valuable sports team in the NBA, with an estimated net worth of $4.4 billion. The Laker’s 20-year media deal, worth $ 4 billion, with local television, Time Warner, has significantly increased the franchise’s worth.
The Lakers boost 16 championship titles and have had several NBA Hall of Famers on their books; including the likes of Magic Johnson, Shaquille O’Neal, Kobe Bryant, Kareem Abdul-Jabbar, and their current star player, LeBron James, who joined the team in 2018.
5. Golden State Warriors
Last on our list is another team from the NBA, Golden State Warriors (GSW), who takes the 5th position in the US sports money league, with an estimated net worth of $4.3 billion.
The Warriors shone in limelight only a couple of years ago; having won three NBA titles in the past five years, winning the championship titles in 2015, 2017, and 2018. This period of dominance birthed the emergence of their star player, Steph Curry, who is widely regarded as the best shooter and one of the best players in the league.
In 2019, the team moved into a new $1.5billion home ground named Chase Center.
Conclusion
The list of 5 most valuable sports teams in the US is dominated by NBA, with three teams. The remaining spots are occupied by teams from the Major League Baseball and the National Football League.
