https://www.linkedin.com/pulse/why-billionaires-actually-buy-professional-sports-teams-divakar-rtmnc
2: Personal Motivations. Passion for the Sport: For some billionaires, the love of the game is a driving force. This passion transcends mere financial return, embodying a lifelong dream of being

https://www.fastcompany.com/91145056/major-league-cricket-america-satya-nadella-tech-investors
(Two of the Major League Cricket teams, the Texas Super Kings and the L.A. Knight Riders, are owned by IPL franchises with the same names.) With the help from the IPL, T20 has transformed the

https://www.ft.com/content/d251ebc2-4b24-407c-975d-719e6ad89218
Investors have been convinced to pay higher prices to buy into the IPL, which was founded in 2008, as it follows the model of American sports where teams are guaranteed places in the competition

https://www.nytimes.com/2022/11/01/sports/cricket/indian-cricket-us-investors.html
RedBird's $37.5 million investment has most likely quadrupled in value in just a year. And with new investors circling, most experts agree that every I.P.L. franchise is now worth at least $1

https://www.propublica.org/article/the-billionaire-playbook-how-sports-owners-use-their-teams-to-avoid-millions-in-taxes
ProPublica reviewed tax information for dozens of team owners across the four largest American pro sports leagues. ... to 90% or more of the price paid for a team. That means when billionaires buy

https://www.businesstoday.in/latest/trends/story/how-ipl-owners-teams-franchises-make-money-all-you-need-to-know-294481-2021-04-27
IPL teams generate a large percentage of their revenue through brand sponsorship. Franchises partner with brands and offer them visibility by endorsing their logos on their kits. The more

https://www.ft.com/content/09dd1125-3305-48aa-b767-2dd1758bc3c6
The new franchises expand the IPL to 10 teams for 2022, which begins in March, meaning the season will swell from 60 to 74 matches. ... The billionaire said he will get back half of what he paid

https://www.economist.com/asia/2023/03/31/the-indian-premier-league-is-taking-over-global-cricket
Two new IPL teams were sold in 2021 for $940m and $750m. This mostly reflects how little cricket they play. The IPL season consists of 74 matches played over two months. The nfl hosts 272 games a

https://www.thehindu.com/sport/explained-the-ipl-business-model-and-how-it-compares-to-sports-leagues-globally/article65547025.ece
The story so far: The Indian Premier League (IPL) got richer by a whopping ₹48,390.5 crore ($6.2 billion) last week by negotiating a broadcasting rights deal for the five-season cycle from 2023

https://www.ft.com/content/0e8cc98f-452b-49f0-ad1f-5c6d954f85ce
The prices paid at this week's auction are more than the sums needed to acquire the majority of clubs in the English Premier League, the most valuable domestic football competition in the world

https://www.businessinsider.com/billionaires-turning-attention-to-sports-ubs-says-2017-10?op=1
John Mathews, coauthor of the report, told Business Insider that owning a sports team is not just an ego play for billionaires. Billionaire wealth grew by 17% to $6 trillion, according to a report

https://www.businessinsider.com/rich-sports-team-owners-investing-private-equity-2023-9?op=1
2023 has been a big year for sports M&A with billionaires and private equity firms in bidding wars. Goldman Sachs just launched a new unit to help rich clients invest in sports teams and stadiums.

https://moneywise.com/investing/alternative-investments/why-billionaires-countries-saudi-arabia-buy-sports-teams
Over the past 20 years, major league sports teams in North America have seen their valuations curve up like a hockey stick. Much of this can be attributed to a surge in the value of media rights, ticket prices , sponsorships and merchandise, as well as the recent rise in legal sports betting across many American states.

https://www.cnn.com/2022/06/15/business/india-ipl-media-rights-deal-ambani-hnk-intl/index.html
Disney-owned Star India, meanwhile, has retained the TV rights with a bid of about 236 billion rupees ($3.02 billion), Shah added. Both deals run until 2027. That puts the total value of IPL's

https://nypost.com/2023/03/04/why-us-billionaires-cant-stop-buying-british-soccer-teams/
Joel Glazer, a member of the American billionaire family that owns Manchester United, which is currently up for sale and may fetch as much as $7 billion. Manchester United via Getty Imag. Yes

https://www.msn.com/en-us/sports/nba/why-billionaires-are-buying-up-sports-teams/ar-BB1lrMf4
But in buying a majority stake in the team from Michael Jordan, they made the five-time MVP a vastly more valuable player, paying him $3 billion—an 11-fold return on the $275 million he paid in

https://www.timesnownews.com/business-economy/economy/not-just-indias-richest-mukesh-ambani-is-now-worlds-richest-sports-owner-pips-steve-ballmer-to-top-forbes-richest-sports-owners-2023-list-article-99258067
India's richest person Mukesh Ambani topped the list with a whopping net worth of $83.4 billion as of March 10, 2023 - when Forbes locked in the wealth for the 2023 World's Billionaires list. The RIL Chairman is the owner of IPL team Mumbai Indians was named India's most valuable cricket franchise, worth $1.3 billion, by Forbes last year., Economy News, Times Now

https://www.nytimes.com/athletic/1323054/2019/10/30/an-inside-look-at-why-billionaires-buy-into-money-losing-major-league-soccer-hint-its-not-really-losing-money/
Still, in terms of overall worth, MLS teams remain in the long shadow of the more mature American pro leagues: The average NFL team value is $2.86 billion; it's $1.78 billion in MLB; $1.87

https://www.businessinsider.in/billionaires-are-buying-sports-teams-for-different-reasons-than-they-used-to/articleshow/61250928.cms
Lucy Nicholson/ReutersMark Cuban, billionaire owner of the Dallas Mavericks. A new report by UBS and PwC found the total wealth of the world's billionaires grew by 17% in 2016 to $6 trillion.

https://www.aol.com/article/finance/2017/10/26/billionaires-are-buying-sports-teams-for-different-reasons-than-they-used-to/23257397/
Billionaire wealth grew by 17 percent to $6 trillion, according to a report released Thursday by $3 trillion money manager UBS and consultancy PwC. Billionaires are buying sports teams for

https://www.statista.com/statistics/1417576/wealthiest-sports-teams-owners-usa/
Oct 13, 2023. Owning a professional sports team has come to be a status symbol among the mega rich. In 2023, Steve Ballmer, owner of the Los Angeles Clippers, had a net worth of 101 billion U.S

https://www.statista.com/statistics/1474817/ipl-sponsorship-influence-quotient-by-team/
In the 2024 Indian Premier League season, Slice, associated with the Mumbai Indians team, achieved the highest Sponsor Influence Quotient (SIQ) score of 4.21 out of 5.

https://money.com/richest-american-sports-team-owners-net-worth/
Teams: Seattle Seahawks ($2.4B valuation), Portland Trail Blazers ($1.3B valuation), and part-owner of Seattle Sounders FC ($295M valuation) How He Made His Billions: Microsoft spun out one other billionaire sports mogul: Paul Allen, who co-founded the software giant with Bill Gates in 1975.Allen left the company in 1983 and has since reduced his holdings in Microsoft, collecting over $20