Acquiring a professional sports team is the latest investment strategy that is currently sweeping the market. Former Microsoft CEO Steve Ballmer purchasing the Los Angeles Clippers for $2 billion is one such acquisition that happened recently. One of the main reason for this is that professional teams are huge moneymakers. The average NFL team is currently worth $1.1 billion, up 25 percent from last year, according to a new report from Forbes. That is the highest amount in the 17 years Forbes has tracked NFL team finances, and the biggest annual increase since 1999. In comparison, Major League Baseball teams have an average value of $811 million, followed by the National Basketball Association at $634 million.
"There is a widening wealth gap in the NFL due to the piles of cash big market teams generate from modern stadiums and the premium a buyer would be willing to pay for entry into the most elite U.S. sports league in a big city,” explains Mike Ozanian, staff writer, Forbes.
In terms of generating revenue, in 2014 the Cowboys generated revenue of $620 million–a record for a U.S. sports team–and ranked first in the NFL in average attendance (90,000), premium seating revenue ($120 million) and stadium revenue generated from non-NFL events ($30 million)