There’s wealthy, after which there’s rich. After which there’s “group proprietor cash.”
Forbes simply launched its newest rankings of the richest sports owners who made the 2022 400 Checklist, and greater than 10 p.c of them personal groups. It’s an annual checklist of the choose few who management the sports activities world, as their web worths are numbers so massive that they don’t make sense in actual life.
For example, what does $1 billion even appear like? Is that the quantity that Uncle Scrooge had in his vault on DuckTales?
In all probability.
However as you’ll see from the checklist under, simply because an proprietor is loaded, it doesn’t imply that their groups are tremendous profitable. More often than not, income doesn’t translate to wins.
Nonetheless, there’s a caveat. For example, Main League Baseball doesn’t have a wage cap. So, if a group proprietor is loaded and truly cares about profitable, they’ll clear up in free company and purchase the very best gamers and managers in the marketplace. Within the NFL, the cap for this season has been set at $208.2 million. And within the NBA, the salary cap for this year is $123.655 million, and is anticipated to leap to $134 million for 2023-24. In that league, you may win by being frugal and by residing lavishly.
Listed here are the ten wealthiest homeowners in sports activities. And as you’ll see, simply because they’re having fun with video games from their luxurious containers, it doesn’t all the time imply they’re leaving them after seeing a victory.