top of page

Braves, F1 Owner Tops Forbes’ Most Valuable Sports Empires

Jan 25, 2023

Liberty Media is the most valuable sports empire in the world, according to Forbes’ 2023 list.

The owner of Formula 1 and the Atlanta Braves, Liberty Media also has stakes in Drone Racing League, Kroenke Arena Co., Meyer Shank Racing, and Overtime Sports, totaling an enterprise value of $20.8 billion. F1’s enterprise value sits at $17.1 billion, while the Braves’ sits at $2.1 billion.

After Liberty Media, there’s a significant drop in value.

Kroenke Sports & Entertainment, which owns the Los Angeles Rams, Colorado Avalanche, Denver Nuggets, Arsenal, The Guard, Colorado Rapids, Colorado Mammoth, and Altitude Sports and Entertainment, is valued at $12.75 billion.

Dallas Cowboys owner Jerry Jones sits at third with an enterprise value of $11.32 billion. The Cowboys are worth a world-record $8 billion, per Forbes.

Boston Red Sox, Liverpool FC, and Pittsburgh Penguins owner Fenway Sports Group takes fourth with an enterprise value of $10.4 billion.

New York Knicks and Rangers owner Madison Square Garden Sports rounds out the top five with an enterprise value of $9.17 billion.

The Kraft Group, Yankee Global Enterprises, the Glazer family, Paul G. Allen Trust, and Maple Leaf Sports & Entertainment close out the top 10.

Source: Front Office Sports

bottom of page