Vikings among top 50 most valuable sports teams
These are exciting times for those associated with the Minnesota Vikings franchise.
Especially for primary owner Zygi Wilf.
Not only is Wilf currently watching a new Vikings stadium rise, but his franchise is also enjoying increased revenue, according to Forbes.com. In an article authored by Forbes’ Kurt Badenhausen, the Vikings are ranked in a tie for 49th globally in a ranking of the most valuable sports franchises. According to Forbes, the Vikings are currently worth $1.15 billion. That puts the Vikings in a tie with the Atlanta Braves and the Dallas Mavericks.
The Vikings, of course, benefit from the NFL’s massive TV deal, which has network pacts that are worth more than $5 billion a year. The Vikings’ new, $1 billion stadium doesn’t hurt the club’s valuation, either. The Vikings’ U.S. Bank Stadium is set to be opened in time for the 2016 NFL campaign.
Minnesota’s value increased 14 percent over the last year.
The world’s 50 most valuable sports franchises are now worth $1.75 billion on average, up 31 percent from 2014.
Soccer power Real Madrid ranks first on Forbes’ list for a third straight year, due to its $3.26 billion worth. In 2014, Real Madrid had the highest revenue in all of sports, at $746 million.
Real Madrid was followed on the list by the New York Yankees and the Dallas Cowboys. The Cowboys have been the NFL’s most valuable franchise for eight straight years. Dallas’ NFL entry is the most profitable team in sports, with an operating income of $246 million, thanks to revenue that is 31 percent higher than any other NFL team.
The NFL landed the most teams in Forbes’ top 50 list, with 20 franchises. Major League Baseball had 12 teams make the list, while the NBA had 10. Soccer franchises comprised seven entries on the valuation list.
Forbes’ valuations are from the past year, and their team values are enterprise values (equity plus debt) based on current stadium deals (unless a new venue is pending).