32 Sports Team Owners Appear on Forbes Richest 400 List

Young Rae Kim |

There were 32 sports team owners on Forbe’s Richest 400 Americans list this year. Out of all the professional sports leagues, the NFL had the most owners on the list with 14. This is not surprising, considering that the NFL is the most profitable of all professional sports leagues.

Paul Allen, the owner of the Portland Trail Blazers and the Seattle Seahawks, topped all other sports team owners. Allen is the co-founder of Microsoft Corporation and  is ranked as the 26th-richest American according to Forbes.

The other 13 NFL owners on the top 400 list include Stan Kroenke (Rams, $5.3 billion), Stephen Ross (Dolphins, $4.8 billion) , Malcolm Glazer (Buccaneers, $4.5 billion), Shahid Khan (Jaguars, $3.8 billion), Jerry Jones (Cowboys, $3 billion), Robert Kraft (Patriots, $2.9 billion), Stephen Bisciotti (Ravens, $2.1 billion), Bob McNair (Texans, $2 billion), Arthur Blank (Falcons, $1.7 billion), Jim Irsay (Colts, $1.6 billion), Jimmy Haslam (Browns, $1.45 billion), William Ford Sr. (Lions, $1.4 billion), and Tom Benson (Saints, $1.3 billion).

The next sport with the most amount of owners in the Top 400 is basketball. The NBA had 13 owners on the list and Rich DeVos, the owner of the Orlando Magic, was the richest among NBA owners with a net worth of 6.8 Billion. DeVos ranked 60th on the Forbes list. The rest of the list of NBA owners included  Stan Kroenke (Nuggets), Micky Arison (Heat, $5.9 billion), Dan Gilbert (Cavaliers, $3.9 billion), Charles Dolan (Knicks, $3.3 billion), Tom Gores (Pistons, $2.7 billion), Mark Cuban (Mavericks $2.5 billion), Josh Harris (Sixers, $2.5 billion), Robert Pera (Grizzlies, $1.95 billion), Herb Simon (Pacers, $1.95 billion), Donald Sterling (Clippers, $1.9 billion), Glen Taylor (Timberwolves, $1.7 billion) and Benson (Pelicans).

Mikhail Prokhorov, owner of the Brooklyn Nets, was absent from the list because it was comprised of Americans only. The Russian billionaire is estimated a net worth $13 billion.

Other sports-related figures on the list included Phil Knight, the chairman of NIKE (NKE) . Knight topped all sports team owners with a net worth of $16.3 billion and was ranked 24th richest in America. In addition, the owner of Under Armour (UA) , Kevin Plank, ranked 327th with a net worth of $1.7 billion.

 

[Image: The Meadowlands Sports Complex, New Jersey. Courtesy of Wikimedia Commons]

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Companies

Symbol Name Price Change % Volume
UA Under Armour Inc. Class A 30.03 -0.44 -1.44 7,484,262
NKE Nike Inc. 50.46 -0.19 -0.38 6,933,279
MMTV Medical Media Tv Inc 0.00 0.00 0.00 0

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