At $2.9 billion per franchise, the average California pro team is one-third more valuable than the typical pro franchise.
At least the city ofto help cover the city’s damages tied to the departure of the Rams to Los Angeles.
The combined revenues for the 124 teams is $31 billion yearly — basically, a quarter-billion per team. That combined sales take is on par with revenues collected by Netflix or homebuilder D.R. Horton. The power of that audience translates to 32 NFL teams worth $111 billion, by Forbes math, or $3.5 billion per franchise. And NFL values rose $14 billion or 14% in a year.
But because football teams only play eight or nine regular-season home games — compared with 41 for basketball and hockey and 81 for baseball — in-person fandom is proportionally modest. The league draws 18.3 million in-person fans or 571,660 per team — 33% below the pro sports average. Team revenues total $6.4 billion yearly — $214 million per team. But valuations are pro sport’s highest — 11.6 times sales vs. a 9 industry average.
The Angels have an estimated value of $2.2 billion, No. 53 in pro sports. Superstar Mike Trout, right, high-fives All-Star Shohei Ohtani after hitting a home run.
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