There’s rich, after which there’s rich. after which there’s “crew proprietor money.”
Forbes simply launched its latest rankings of the richest sports activities owners who made the 2022 4 hundred guidelines, and larger than 10 % of them personal teams. It’s an annual guidelines of the choose few who administration the sports activities world, as their internet worths are numbers so massive that they don’t make sense in exact life.
as an event, what does $1 billion even appear to be? Is that the quantity that Uncle Scrooge had in his vault on DuckTales?
most probably.
however as you’ll see from the guidelines under, merely as a consequence of an proprietor is loaded, it doesn’t imply that their teams are great worthwhile. extra typically than not, income doesn’t translate to wins.
nonetheless, there is a caveat. as an event, essential League Baseball doesn’t have a wage cap. So, if a crew proprietor is loaded and actually cares about worthwhile, they will clear up in free agency and buy one in all of the biggest gamers and managers out there on the market. inside the NFL, the cap for this season has been set at $208.2 million. And inside the NBA, the wage cap for this yr is $123.655 million, and is predicted to leap to $134 million for 2023-24. In that league, you presumably can win by being frugal and by residing lavishly.
listed right here are the ten wealthiest owners in sports activities. And as you’ll see, merely as a consequence of they’re having fun with video games from their luxurious packing containers, it doesn’t on a daily basis imply they’re leaving them after seeing a victory.
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