Cubs lead Bears, Bulls on Forbes' Most Valuable Sports Teams 2019 list

Share

The Chicago Cubs tied the Washington Redskins for 14th on Forbes' Most Valuable Sports Teams 2019 list with a $3.1 billion valuation. The Cubs' valuation grew by 7% year over year.

The Cubs are the fourth-most valuable franchise in MLB behind the Yankees ($4.1B), the Dodgers ($3.3B) and the Red Sox ($3.2B). Only seven MLB teams made the Top 50.

Two other Chicago teams, the Bears and the Bulls, are tied for 19th on the list with a value of $2.9 billion. The Bears' value grew just 2% while the Bulls' valuation grew by 12% year over year.

The rise of the pro sports teams valued over $2 billion has been pretty meteoric over the past decade. In 2012, only Manchester United was valued over $2 billion and in 2019 that number has risen to 52.

In 2012, only the Knicks and Lakers made the Top 50 list but in 2019 the Bulls are one of nine teams to earn a spot. The Bulls were the fourth-most valuable NBA franchise in 2019 behind the Knicks ($4B), Lakers ($3.7B) and Warriors ($3.5B).

Forbes credits the NBA's international prospects and worldwide revenue growth for the league's rise in the list.

No NHL teams made the list, the New York Rangers were the most-valued hockey team at $1.55 billion, 72nd highest.

Contact Us