On-field failures, relatively unimpressive off-field value growth and his own lack of business prowess put Synder near the bottom of this list even before we figured in his long, embarrassing history of stridently defending his teams racial-slur nickname. The company was successful and he sold it to Enron in 1999 for $1.5 billion (two years before the latter filed for bankruptcy). A lot: he's given over $300 million so far. : Blank has expressed interest in bringing an MLS team to Atlanta. How He Got Rich: In 1978, Arthur Blank co-founded Home Depot. The Numbers: The Buffalo Bills are worth $935 million, according to Forbes. Based on net worth, who are the NFLs richest owners, and where does the newest owner, Rob Walton, rank? 1. Its safe to say hell be one of the richest NFL owners for awhile. Not bad for a team whose logo is a porpoise wearing a helmet. The Numbers: Tepper bought the Panthers for $2.275 billion, setting a record for the highest price ever paid for an NFL team. The Numbers: The Raiders are worth $970 million, so they should be able to afford a football field that doesnt have a baseball diamond sitting in the middle of it. When he was just 23, Bisciotti founded a staffing company with his cousin out of a basement office in Annapolis, Maryland. Jim Irsays father, Robert, was a Chicago-based industrialist who built his fortune mostly on various heating and air conditioning businesses. There is some dispute over the validity of this story, but no matter how he earned the money, Art managed to turn the Steelers into one of the NFLs wealthiest franchises. He extravagantly gouges his teams massive fanbase, then serves them expired World Cup beer and peanuts from bankrupt airlines. Child/heir of original owner of franchise. Haslam and Pilot FlyingJ are currently under federal investigation for allegedly scheming customers and shortchanging them on fuel rebates. First, every NFL owner was ranked by number of seasons owned (including family predecessors, if inherited). Despite owning the Browns for just a few seasons since, hes already on his third general manager and third head coach (and both of them are already on thin ice). After some high-profile early misses in coaching and personnel, for a few years he even got a consistent winner on the field. How He Got Rich: Bud Adams was a wildcatter in the 50s and 60s and made his money in oil. Rob Walton, richest NFL owner - $66.9 billion (Bloomberg) Isaiah J. Downing-USA TODAY Sports Rob Walton is the richest NFL owner in 2023. Following the event right outside Hard Rock Stadium, theres even more money in his pocket. For context, Waltons net worth is higher than Jody Allen, David Tepper and Jerry Jones combined. His public statements are measured, thoughtful and relatively frequent. Ross donates a lot to his alma mater, the University of Michigan. He'd be No. He started by investing in affordable housing and syndicating and selling these projects as tax shelters to wealthy investors. Arthur Blank, the co-founder of Home Depot, bought the Atlanta Falcons for $545 million in 2002. Putting his net worth into perspective, he would have more after a potential sale than the next six NFL owners on our list and that includes Jerry Jones, David Tepper and Stan Kroenke. In 2018, Jones' oil and gas company, Comstock Resources, acquired rival Covey Park Energy in a $2.2 billion deal. 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. 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. Tepper is a hedge fund manager. Terms & Privacy. Stephen. Stan Kroenke, Rams: $8.2 billion 4. Owner Since: 2004 The Numbers: Bisciotti was a minority owner of the Ravens from 2000 until he bought the whole dang team through a $325 million deal with Art Modell in 2004. The company remains among Americas largest family-owned businesses. In 1980, Khan bought Flex-N-Gate and combined it with Bumper Works, and the company now reportedly sees roughly $7.5 billion in annual revenue, as of October 2018. The company took a huge hit during the recession, and his current wealth is mainly due to his sports franchise ownerships. Mike Brown assumed control of the Bengals after his father passed away in August 1991. Before we get to the 15 richest owners, here's one quick note: with a net worth of just over $20 billion, Seattle's Paul Allen was the richest owner in the NFL before he died in October 2018. The Rams will struggly to draw in fans during their upcoming rebuild in 2023, but Kroenkes investment in Los Angeles has already paid off. There's also a massive gap between her and the second-wealthiest owner, with only David. Chris Graythen | Getty Images Sport | Getty Images, Todd Kirkland | Icon Sportswire | Corbis | Getty Images, Jordon Kelly | Icon Sportswire via Getty Images, Ex NFL player Martellus Bennett says his biggest splurge is books and he has 3,500 of them, America's Got Talent judge Simon Cowell was, Ryan Reynolds breaks down his approach to, Kevin Costner mortgaged California property, What it's like to live on $30,000 or less, brought professional football back to Los Angeles. How He Got Rich: In 1975, Paul Allen founded Microsoft with Bill Gates. There are 14 NFL owners among the top 400 richest . Jones still invests in drilling opportunities, along with retail and residential real estate projects in Dallas. Who Is the Oldest QB To Win a Super Bowl. estimated net worth of $13 billion in 2020, $567,000 in scholarships at the University of South Carolina, provided school supplies for 15,000 children, Ranking NFL stadiums 2023: Best and worst stadiums in NFL, 12 highest-paid quarterbacks in the NFL: Lamar Jackson, Jalen Hurts lead the crop, Jerry Jones believes Dallas Cowboys sale price would be more than $10 billion, 2024 NFL Draft order: Picks by team, location and dates for 2024 NFL Draft, 20 most dominant NFL dynasties ever: Kansas City Chiefs are the newest dynasty, Everything you need to know about the new Washington Commanders owners, NFL Top 100 players in 2023: Patrick Mahomes, Micah Parsons among best NFL players, NFL predictions 2023: Projecting win-loss records for all 32 teams, Why Joe Burrow deserves to be the highest-paid QB in the NFL. Hunts 14 children. On the surface, the Khans are the ideal model of the next generation of NFL ownership. 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. Take a look at how one of the city's richest residents built his fortune", "Sources: Wilf family emerges as top Wolves suitor", "Robert Kraft saved the New England Patriots with a gutsy $175 million investment and it has paid off big time", "Blakeview: The story of Tom Benson and the New Orleans Saints", "The Jets Fill One Opening: New Owner at $635 Million", "Jeff Lurie bought the Eagles for $185 million. Mark has worked exclusively for the Raiders throughout his adult life, including stints in the equipment department and retail sales. David . Khan purchased the Jacksonville Jaguars in 2012. H.Ls son (and Clarks father) Lamar was a co-founder of the American Football League. Heres how the leagues 32 owners stack up in terms of their net worth according to Forbes Real-time Billionaires list on Jan. 20, 2022. Steve Tisch, whose net worth is estimated at $1.2 billion, owns half of the New York Giants John Mara owns the other half. In the deal, he had the option to purchase the remaining 51% for $325 million in 2004 from Art Modell, which he exercised. Similar to the Steelers and Bears, the Arizona Cardinals are a family business. How He Got Rich: Stephen Ross started his career as a tax attorney before getting into real estate. We didnt want to simply say everyone hates Jerry Jones, lets put him last. Lurie made his fortune through Harcourt General Inc., a conglomerate, which was founded by his grandfather as the General Cinema movie theater chain. While Walton is the majority owner, he is also joined by Formula 1 driver Lewis Hamilton, former U.S. Secretary of State Condoleezza Rice, Melody Hobson (chairwoman of Starbucks), along with Greg and Carrie Walton Penner (Rob Waltons son-in-law and daughter). With ordinal ranks in three on-field categories and three financial categories, I added a completely subjective gut check: Simply, my ordinal ranking of which owners I deemed most awesome (for a variety of reasons). Gayle Benson, Saints: $3.4 billionT-13. Stephen Ross, Dolphins: $7 billion6. Pro Football Network, LLC. Copyright 2020 www.TheComeback.com - All Rights Reserved - Trademarks used herein are property of their respective owners. Iconic Broncos owner . Pegula used some of those assets to build a portfolio of sports properties, including the NHL's Buffalo Sabres and the Bills. 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. The total value of the 32 NFL franchises is now $62.9 billion, with an average value of $1.97 billion per team. In addition to the Rams, Kroenke owns a vast portfolio of sports teams that also includes the English Premier League team Arsenal, the NBA's Denver Nuggets and the NHL's Colorado Avalanche. Owner: St. Louis Rams. Mark and his mother, Carol Davis, inherited the Las Vegas Raiders after Al Davis passed away in October 2011. His net worth is estimated to be $11 billion. [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]. Ross is likeable in many ways: Hes a self-made multi-billionaire, gives back to his alma mater and hasnt hesitated to spend money on the Dolphins. More than that, the Wilfs have struggled to express exactly who controls power in the organization (See: the Triangle of Authority), and their all-over-the-place messaging during Adrian Petersons child-abuse scandal caused a very public, very embarrassing falling-out with the most iconic Viking since Eric the Red. Amy Adams Strunks father, Bud, was one of the founders of the AFL and the Houston Oilers, which became the Tennessee Titans. This one is a little bit complicated because the Giants are co-owned by John Mara and Steve Tisch with a 50-50 share. )[41] Soccer has been exempt from these restrictions since 1982, when the league lost a lawsuit filed by the original NASL stemming from the investments of Kansas City Chiefs owner Lamar Hunt and Elizabeth Robbie, the wife of Miami Dolphins owner Joe Robbie in NASL teams;[42] as a result, NFL owners have owned teams in MLS in other NFL markets. Subscribe to CNBC Make It on YouTube! How He Got Rich: Robert Kraft got his start working at his father-in-laws packaging material company. Hes one of the most distinguished owners in the NFL and his team plays in a state-of-the-art stadium. The Numbers: Jeffrey Lurie bought the Eagles in 1994 for $195 million. ", "Washington: Redskins Are Sold For $800 Million", "Constitution and Bylaws of the National Football League", "NFL owners let Kroenke keep Rams; transfer Nuggets, Avalanche to his wife", "NFL owners vote to allow cross-ownership in cities with football teams", "Trump's failed bid to purchase Bills mentioned in Times article", National Football League Players Association, https://en.wikipedia.org/w/index.php?title=List_of_NFL_franchise_owners&oldid=1158904002, Short description is different from Wikidata, Wikipedia pending changes protected pages, Pages using navbox columns without the first column, Creative Commons Attribution-ShareAlike License 4.0. It is instead publicly owned by a non-profit organization called the Green Bay Packers, Inc. At the time of his passing in 2014, Glazer owned a diverse portfolio of investments, including food service equipment, food packaging and supplies, marine protein, broadcasting, health care, property, banking, natural gas and oil, stocks, and bonds. Robert initially bought the Los Angeles Rams in 1972 for $19 million but traded the team to Carroll Rosenbloom in exchange for the Baltimore Colts. Jim Irsay, Colts: $3 billionT-13. Revisiting the Deal: Who Were the Real Winners and Losers From the Cincinnati Bengals Signing of Orlando Brown Jr.? There are 30 billionaire owners in the NFL in 2023. Ralph Wilson founded the team in the then-AFL in 1959. According to Forbes, Waltons net worth is $59 billion, which makes him twice as rich as any of the other NFL ownership groups. In 2014, they bought the Buffalo Bills for $1.4 billion, outbidding groups led by former President Donald Trump and Bon Jovi. He went on to co-found and own the Bengals before leaving the team to his son. Tom Benson also bought the NBAs New Orleans Pelicans. The Glazers also owned Manchester United before selling their shares in 2021. His wife, Anna Walton Kroenke, is the daughter of Bud Walton, co-founder with his brother Sam of Wal-Mart. (Lay off, Eagles fans; at least we didnt go the Santa-booing route.). Currently held in trust/estate after death of previous owner: Majority or plurality owner, rather than outright owner. Other Notable Holdings: Kraft is the founder of one of the first MLS teams, the New England Revolution. Jerry Jones, Cowboys: $8.6 billion (56th overall) The soccer club is the third-richest in the world. 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.
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all 32 nfl owners net worth
