His family inherited the team after his passing. Stanley Kroenke is the second of the NFL owners ranked by wealth with a net worth of $10.7 billion. Though the career of J.J. Watt may not yet be as wasted as Andre Johnsons was, McNair wont climb these rankings until the Texans are consistently eating the Cowboys lunch. How He Got Rich:Bisciotti founded Aerotek in a basement office with his cousin. Net worth: $1.2 billion 29) Mark Davis, Las Vegas Raiders Mark and his mother, Carol Davis, inherited the Las Vegas Raiders after Al Davis passed away in October 2011. Paul Allen, who passed away in 2018, co-founded Microsoft with Bill Gates. Oh, and the Jaguars are still the butt of jokes. Highest paid NFL players in 2023: NFL salaries by position, highest-paid NFL stars, John Elway missed out on huge fortune in upcoming Denver Broncos sale for $4-plus billion, Seattle Seahawks sale: Evaluating potential cost, candidates and future. (The team now belongs to his daughter Virginia Halas McCaskey.). Related has developed or acquired $60 billion worth of properties. Hence the Titans original identity: The Houston Oilers. No one ever gives the movers enough credit. Forbes estimates his net worth at $14.5 billion, a stunning 21% increase. Clark Hunt, CEO of the Kansas City Chiefs, is the son of Lamar Hunt, who was one of H.L. . Then I ranked them by net worth, as well as calculated franchise growth rate (2015 franchise value minus purchase price, divided by seasons owned), and an investment factor (non-NFL wealth times growth rate). If youre a little more ambitious, you might aim for 10-15%, right? Khan alsopurchased English soccer team Fulham FC for a price estimated to be over $200 million. Gayle married Tom Benson in 2004. He threw his catering profits into real estate and rolled those investments into the A.G. Spanos Companies, a construction business specializing in apartment and commercial buildings. In 2009, Jones opened the new $1.3 billion Cowboys Stadium, now named AT&T Stadium. However, the Seahawks wont be guided by the Allen family for much longer. Even by NFL owner standards, Zygmunt Zygi Wilf is an inscrutable cipher. [40] (Stan Kroenke, who owned hockey and basketball teams in Denver, was nonetheless unanimously allowed to buy the then-St. Louis Rams in 2010 and hold on to his Denver assets until 2015. He and wife Kim bought the NFL team in 2014 for $1.4 billion after winning a competitive bidding process that also included musician Jon Bon Jovi and future President Donald Trump. Ranking Top 10 NFL team owners by their net worth in 2022 feat. The Numbers: Tepper bought the Panthers for $2.275 billion, setting a record for the highest price ever paid for an NFL team. He sold the bulk of the assets of his company, East Resources, to Royal Dutch Shell in 2010 for $4.7 billion. They are a publicly traded non-profit company owned by their 360,760 shareholders. Kansas City Chiefs - Owner: Hunt Family; Net worth of family: $15.5 billion ($23.8 billion AUD) Owner: Hunt Family. The team is now worth over $1.1 billion. Virginias late father, George Halas, bought the Chicago Bears three years before she was born in 1920. Mike Brown assumed control of the Bengals after his father passed away in August 1991. After taking the company public in 1996, he sold it in 2000 for $2.1 billion and has used the funds to own and operate the Washington Commanders. 19. (Getty. Value of team based on current stadium deal (unless new stadium is pending), without deduction for debt (other than stadium debt). Top. Allen is the 26th-richest American and is worth $15.8 billion, according to Forbes. Malcolm Glazer was a real estate and business mogul who purchased the Tampa Bay Buccaneers in 1995. Rob Walton is the richest NFL owner in 2023. Some of the owners, like Robert Kraft and Jerry Jones are more well known, but here is the complete list of all 32 NFL team owners. Hunt, who was the Platonic ideal for a Texas billionaire (he may have been the inspiration for J.R. Ewing on Dallas). The list features more NFL owners than any other league. With that in mind, let's get to the list of the richest owners. Football Money: Its hard to find any Halas family holdings or enterprises that dont have to do with the T-formation, linebackers, or angry, mustachioed head coaches. The Wilfs companies own more than 100 shopping centers and 90,000 apartment units around the country. Tom was a businessman and owner of multiple car dealerships. The Numbers: Robert Woody Johnson IV bought the Jets in 2000 for a reported $635 million. Football Team Name: Baltimore Ravens Net Worth: $4.9 billion On the 9th position of our top 10 most affluent NFL club owners' list is Steve Bisciotti, a 63 years old entrepreneur and businessman. The highest-paid players on every NFL team, Why NBA star Kawhi Leonard still drove a 20-year-old car after signing a $94 million contract. Probably Dan Snyder. Bowlen also owns the Denver Outlaws of Major League Lacrosse. If Bezos bought the team, he'd be richer than the rest of the NFL owners combined. Tepper has so much money that he's worth $5.6 billion more than the NFL's second-richest owner, Jerry Jones ($8.9 billion). After buying the New England Patriots for $172 million in 19994, Robert Kraft now oversees a franchise worth approximately $5 billion. How He Got Rich: Jimmy Haslam is the CEO of the Pilot Flying J truck stop company, a nationwide chain founded by his father. Kroenke made his billions as a real estate developer who also happens to be married to Wal-Mart heiress Ann Walton. His Appaloosa Management hedge fund firm now manages nearly $13 billion in assets. However, Harris winning bid involved one of the largest groups of minority partners in league history. Copyright: RU Sport Private Limited. [43] The league also informally requires prospective owners to have high liquidity in their assets and positive cash flow; having a majority of one's wealth invested in real estate, for example, is grounds for rejection.[44]. At the time, it was the most money ever spent on an American sports franchise at $4.65 billion. (Lay off, Eagles fans; at least we didnt go the Santa-booing route.). On August 9, the NFL held a league meeting in Minneapolis to confirm the historic sale. Tom Benson also bought the NBAs New Orleans Pelicans. Dan Snyder is the antithesis of everything you want in an NFL ownerto a ridiculous, cartoonish, mustache-twirling extent. How He Got Rich: In 1975, Paul Allen founded Microsoft with Bill Gates. Terms & Privacy. He later bought out his father-in-law and combined the two companies, building one of the world's largest suppliers of paper products and packaging materials. Pro Football Network passionately delivers purposeful, captivating, and exceptional football content. His fortune comes from the sale of his natural gas drilling and fracking company. Now a billionaire, Jones originally inherited millions of dollars from his father's insurance firm and used that money to start his own successful oil and gas exploration company, which served as the source of the money he used to buy the Cowboys. Owner of the New England Patriots Robert Kraft walks on the field prior to the game against the New Orleans Saints at the Mercedes-Benz Superdome on September 17, 2017 in New Orleans, Louisiana. His wife, Anna Walton Kroenke, is the daughter of Bud Walton, co-founder with his brother Sam of Wal-Mart. In 1985, Jeffrey founded Chestnut Hill Productions, which produced a slew of pretty forgettable films including Blind Side. Zygi Wilf, majority owner of the Minnesota Vikings. Despite owning a stadium in just its second decade of existence, hes already making noise about going back into public pockets to build another one. Current Value. But in this universe, there was the helmet catch. When he was just 23, Bisciotti founded a staffing company with his cousin out of a basement office in Annapolis, Maryland. Arthur Blank, the co-founder of Home Depot, bought the Atlanta Falcons for $545 million in 2002. Jeffrey Lurie, Eagles: $3 billion. Although Jody was the only heir to the estate, she's not listed here because Paul Allen wanted to see most of his fortune given away, so it's difficult to pin down just how much the trust is now worth. How He Got Rich: Stephen Ross started his career as a tax attorney before getting into real estate. 1. How He Got Rich: After Wilson's passing in 2014, Pegula bought the Bills for a reported sum of $1.4 billion. Only 3 teams have owners with foreign roots. When you think of a good return for an investment, what comes to mind? Clark Hunt, Kansas City Chiefs. Other Notable Holdings: The Glazer family bought Manchester United in 2005. The team is now worth around $1.75 billion. Story has it that Maras buddy, a boxing promoter, was offered the team but passed it along to him. The company took a huge hit during the recession, and his current wealth is mainly due to his sports franchise ownerships. Dean took full control of the team following his father's death in 2018, though he had been running day-to-day operations since 1994. Terry Pegula made his fortunes in the fracking industry. The league eventually merged with the NFL in 1970, where the Bills went on to define small-market success in the early '90sbefore doing the exact opposite of that for the following two decades.. The League made about $9.8 billion in national revenue, with 32 teams receiving a record $309 million each. Flex-N-Gate is now the sole bumper manufacturer for Toyota, and made $4.5 billion in 2014 alone. How He Got Rich: The Lurie family fortune started with a chain of movie theaters founded and built by Jeffrey Luries grandfather. Adams Strunk also founded Kenada Farms and the Little River Oil and Gas Company. Even more impressively, Teppers net worth was greater than that of Robert Kraft ($6.6 billion) and Arthur Blank ($6.1 million) combined. Partnerships with sportsbooks will be worth billions of dollars in the coming years. Blank is now worth an estimated $2.5 billion, meaning he could lure the entire population of China into a Home Depot if he wanted to. www.TheComeback.com is a sports fan website and is in no way affiliated with any professional sports team, league, or its Properties. He reportedly once kept a set of brass testicles on his office desk. Jimmy Haslam is the CEO of Pilot Flying J, a company his father Jim founded in 1958. His design for a one-piece truck bumper was key to his success, and the company now has 69 plants and more than 26,000 employees worldwide. The family also owns soccer giant Manchester United F.C. Clark Hunt, son of Kansas City Chiefs founder Lamar Hunt, is CEO and part-owner of the Chiefs today. This site is for informational and entertainment purposes only. How They Got Rich: Mark Davis and his mother, Carol, inherited a controlling interest in the Raiders from Marks father, Al. In many ways, they're the perfect owners: Homegrown, self-made, flagrantly . Ranking all 32 NFL owners by likability NFL By Ty Schalter on December 4, 2015 Ownership is the only thing NFL fans have zero control over.
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