When you hear of players getting contracts like the one that Ravens QB, Joe Flacco just received for $120 million, or the total endorsement deals of Washington Redskins’ QB, Robert Griffin III, not to mention the countless (and I do mean ‘countless’) multi-million dollar contracts that baseball players receive, you would think that the players are ranking in all the money.
Last week Forbes magazine put out their annual billionaires list, and by looking at that list it’s no surprise who the real MVPs are. While players are making millions on the field, the owners are the ones making the billions from the corner office.
According to Forbes, here’s a list of the top 10 billionaires in sports, and honestly none of these names were a surprise.
#10 – John Henry (net worth $1.5 billion)
Boston Red Socks and Liverpool FC
#9 – Jim Irsay (net worth $1.5 billion)
#8 – Arthur Blank (net worth $1.6 billion)
#7 – Robert McNair (net worth $1.8 billion)
#6 – Stephen Bisciotti (net worth $1.8 billion)
#5 – Robert Kraft (net worth $2.3 billion)
New England Patriots
#4 – Jerry Jones (net worth 2.7 billion)
#3 – Bernie Eccelstone (net worth $3.8 billion)
Owns 5.3% of Formula One Racing
#2 – Malcolm Glazer (net worth $4.4 billion)
Tampa Bay Buccaneers and EPL soccer team Manchester United
#1 – Stanley Kroenke (net worth $5 billion)
Denver Nuggets, Colorado Avalanche, St. Louis Rams and Premier League soccer club Arsenal
As you can see both football and soccer are huge revenue generators. The average fan forgets that sports is a business, and it’s big business for those who know how to play the game right. From sponsorship, to stadium ownership, to TV rights these owners know that it’s not just one thing that has the wide world of sports showing them the money; it’s a number of things combined. The more visible your team, the more the fans love it, the more companies see its marketability and the more money the team brings in.
It’s just that simple.
Your Jersey Girlfriend,