Paul Allen is the richest NFL owner, by far

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Like Seattle star cornerback Richard Sherman recently told Skip Bayless, Seahawks owner Paul Allen once again can declare to his NFL colleagues, “I’m better at life than you.”

Forbes has issued its annual list of worldwide billionaires.  Not surprisingly, more than a few of them own NFL teams.  The richest of all NFL owners, via SportsBusiness Daily, is Allen, at a whopping $15 billion.

A full 11 figures in the distance is Rams owner Stan Kroenke, at $5.0 billion.  (Coupled with wife Ann Walton Kroenke’s $4.5 billion, that’s a $9.5 billion power couple.)

The bronze is shared by Dolphins owner Stephen Ross and Buccaneers owner Malcolm Glazer, both of whom are listed at a net worth of $4.4 billion.

Next on the list is Jaguars owner Shahid Khan, at $2.9 billion.  Giants co-owner Joan Tisch also has a net worth of $2.9 billion.

Cowboys owner Jerry Jones is worth $2.7 billion, followed by Patriots owner Robert Kraft ($2.3 billion), Browns owner Jimmy Haslam III ($1.8 billion), Texans owner Bob McNair ($1.8 billion), Ravens owner Steve Bisciotti ($1.8 billion), Falcons owner Arthur Blank ($1.6 billion), Colts owner Jim Irsay ($1.5 billion), Titans owner Bud Adams ($1.2 billion), Saints owner Tom Benson ($1.2 billion), 49ers co-owner Denise York ($1.1 billion), Redskins owner Dan Snyder ($1.0 billion), and Chargers owner Alex Spanos ($1.0 billion).

That’s 19 teams owned by billionaires, with every team in the AFC South owned by a billionaire.  Which means, excluding the publicly-owned Packers, 12 teams are owned by non-billionaires.

Which makes us wonder what those owners are doing with the money that owning an NFL team allows them to print.

117 responses to “Paul Allen is the richest NFL owner, by far

  1. And yet, All the players who matter want to play for Dan “The Man” Snyder. Mr. Snyder you are the greatest owner in Sports today. You, Shanahan, Allen and Superhuman will make sure the Redskins dominate this league for the next decade. #BurgundyandGoldStandard

  2. What you fail to mention is that these owners did not make their fortune by owning an NFL team. If what you allude to is correct the Rooneys would be rolling in cash especially considering what they paid for the team (about 2500 dollars) and the length of time of ownership.

  3. Not on the list, Denver Broncos owner Pat Bowlen.

    Yet he never hesitates to spend $$$ because he truly wants to win.

    Cheers to you sir, proud to support your team.

  4. This is why us Seahawks fans hate the salary cap….

    Also, just looking at Khan tells me he’s worth $50 billion plus but we will never find out how or where he keeps the rest of it.

  5. who cares.
    with the way this administration and the Fed are debasing our currency, the dollar won’t be worth the paper its printed soon enough

  6. I wonder which list Dan Snyder hates more: This one, or the final order of NFL teams every single year since he’s taken over.

    Probably this one.

  7. The Glaziers weren’t near the top several years ago. The impressive takeover of Manchester United catapulted them towards the top of the list.

  8. So that’s approximately $45 billion for the top 19 owners. And we use public funds and increased hotel taxes to fund their business?

  9. Remember when the owners all donated 1 million to the Katrina vistims? Between 32 billionaires that is a pretty miniscule amount. Then FEMA went ahead and gave New Orleans 15o mil for their stadium. Something is backwards here…

  10. Since owning an NFL team allows the owner to “print money”, as you say, what happens to the money/profit generated by the publicly owned Packers? My understanding is that the shares own by the Packer fans don’t entitle them to dividends, so where does the profit go?

  11. and yet everyone continues to say if there was no salary cap the redskins and cowboys would dominate

    WRONG, they got pocket change compared to paul

  12. This article makes it sound like most of the owners just have money sitting around that they could use for example to fund a stadium but don’t but that’s not really true. These figures include the sum of their assets, which obviously includes the football teams they own.

    You say they get to “print money” but that’s because they have close to or for some more than a million invested in their team, which the majority of owners earned themselves with previous business success. Under these conditions they deserve a large share of the profit of the team, which many think is a large number than it really is after expenses.

    But they don’t just have a million sitting in their bank accounts because they obviously don’t want to sell the teams, the value of franchises do increase and some owners have had gigantic increases over a long period of time but the values now won’t increase as much so it’s not like they’re getting unprecedented or unfair return on their massive investments.

    They amount they make in revenue is mostly spent on the roster and other expenses, they certainly make profit too but you make it sound like a lot more than it is and you make them sound a lot richer than they are just listing each total networth which includes the value of their teams.

  13. cahkmometer says:
    Mar 26, 2013 1:57 PM
    Yeah, but can he get a reservation at Dorsia?

    ————————————————————
    Best comment ever.

  14. Meant to say billion as an estimate for the value of the teams, some a bit less and some like those with expensive stadiums a lot more. But it just shows how many of these owners don’t have as much cash in hand as you would think.

  15. Good to know. This really makes me want to support public financing for the construction of stadiums and renovations.

  16. “at a whopping $15 billion”… “A full 10 figures in the distance is Rams owner Stan Kroenke, at $5.0 billion”

    Ummmm, wouldn’t that be 1 “figure”?

  17. It’s not just about how much money you are worth… These guys are afraid of losses & that’s why the Redskins owner may not be the richest, but they turn the largest profit of any of the teams. Their estimated yearly annual revenue exceeds $345 million / year based on a report in 2009… This is the real money machine of the Redskins & why they can afford to be aggressive all the time in Free Agency when they are not being done-in by Goodell & Mara.

  18. The redskins arent even a top 15 team, you are sub-par, nothing more. Try acting like the Ravens and being competitive year in and year out, oh wait, that’s impossible when Snyder is your owner

  19. Mike Brown was using hi$ to be buying up full ownership of Bengals Inc, which was finally finalized via a right of first refusal option on the original first offering bid option of last 40% shares, plunking down $200 mil in cash just December a year ago.

    I figure he & PB started with roughly $10mil to be fronting the original expansion ownership group back circa ’67.

  20. “Which makes us wonder what those owners are doing with the money that owning an NFL team allows them to print.”

    They’re pigging out!

    DeMaurice Smith, way to go as the NFLPA head!

  21. thefootballgodssay says:Mar 26, 2013 2:11 PM

    JOHN MARA HAS 4 SUPER BOWL RINGS NO ONE ON THIS LIST CAN SAY THAT

    JOHN MARA ALSO CHEATED 2 IN-DIVISION TEAMS OUT OF SALARY CAP SPACE. NO ONE ON THIS LIST CAN SAY THAT.

  22. Well, that should kill any thoughts that that putz Ross has of getting pubic money from Dade or Broward counties for his stadium renovations.

  23. “That’s 19 teams owned by billionaires, with every team in the AFC South owned by a billionaire.”

    And yet the AFC South is the only division in the NFL in which only a single team in the division has ever won a Super Bowl. Once. You can’t buy success.

  24. Eagles owner Jeffrey Lurie according to Forbes has a net worth of 1.1 bil. Why isn’t he on the list? Typical Philadelphia bias.

  25. & before that for the last 20 (?) years since winning 2 epic IRS inheritance challenges (which I’m assuming either could have possibly scuttled everything) , those outside shares were receiving 40% of the sub-S corp ‘dividends’ i.e. profits being generated, not Brown.

  26. I am a HUGE Redskins fan, But I only got a username on this site just to say, LOGICVOICESAYS is the biggest idiot this world has to offer. Makes our already bad reputation worse with bum “fans” like him.

  27. I wonder if they have a special billionaires table at the owner’s meetings. Dan Snyder probably walks up to take a seat and says, “Hey guys, I’m a billionaire now!”, while Paul Allen says under his breath, “pffft… barely…”

  28. Ok, that covers the money they can’t take with them. Now let’s see who’s the richest in health and well being.

  29. Yet he can’t even outspend the opposition as Jurrah and DeBartolo did in the 80s and 90s.

    He can, however, use his status as co-founder of Microsoft to get visiting free agents extended play sessions on pre-production versions of the new Xbox coming out this fall. Really helps getting players to sign on.

  30. One thing I don’t like about that Sherman attack on Skip Bayless is that everybody is using the word “cretin” now…and all out of context too.

  31. “infectorman says: Mar 26, 2013 2:04 PM

    who cares.
    with the way this administration and the Fed are debasing our currency, the dollar won’t be worth the paper its printed soon enough”

    It’s funny to me when I see people with no economic background post asinine comments like this. I don’t even have to know this person to know that they don’t have a clue what they are talking about since inflation is low and the dollar is gaining on the Euro.

    “infectorman” sounds like the person who goes out and buy gold from Glenn Beck’s website. I’ll take your worthless currency if you don’t want it.

  32. hrmlss says:Mar 26, 2013 2:35 PM

    I wonder what all the Packers owners are collectively worth?

    ————

    Probably a significant sum, especially if you are counting real estate as well. That’s a lot of trailers….

  33. I remember when Paul Allen bought the Seahawks. The NFL was unsure they would let him buy them because at the time he had about 45 billion and he could buy every team and fund and run them. Now he has 15 billion left. That Space One project costs a lot of money.

  34. But yet they expect taxpayers to pay for their new stadiums and keep upping ticket, parking and concession prices.

    And what has any of them done to use their fortunes to actually better the life on this planet?

  35. Where’s Woody Johnson last I saw he was worth nearly 4 bil ??
    With all of Tebow’s wins that should’ve put him closer to 400 billion if memory serves me correct

  36. Warren Buffett just finished up his deal with Goldman Sachs…he loaned them 5 Billion at 10% during the credit crises..but he also received warrants for stock in that deal….Goldman made a deal with him to give him about 1.5 billion in shares in lieu of him exercising his warrants.

    Between interest and warrants he made about 4 billion in 4 years…for Berkshire

    Makes these rich guys look like paupers

  37. Ummm…the richest owners didn’t make their money from the NFL. The majority of them made their money elsewhere (co-founder of Microsoft, co-founder of Home Depot, billionaire businessmen, film, etc.) and then bought NFL franchises.

    With very few exceptions, Rooneys and Maras being two of them, being an NFL owner doesn’t make you richer, it makes you rich-ER.

  38. what is the net worth of the Packers? i know they’re owned by the city but still just interested to know.

  39. that don’t mean a damn thing with a salary
    cap…can’t wait to see hawks and niners
    battle it out!!!

  40. thehouseofho says:
    Mar 26, 2013 2:53 PM
    Ummm…the richest owners didn’t make their money from the NFL. The majority of them made their money elsewhere (co-founder of Microsoft, co-founder of Home Depot, billionaire businessmen, film, etc.) and then bought NFL franchises.

    With very few exceptions, Rooneys and Maras being two of them, being an NFL owner doesn’t make you richer, it makes you rich-ER.
    =====
    Typo. Meant to say, “being an NFL owner doesn’t make you rich, it makes you rich-ER.”

  41. Considering that the average NFL team is worth $1billion, most of these owners don’t have much other assets.

  42. Forbes is saying William Clay Ford isn’t worth 1 billion dollars? (They missed, cause he is)

  43. logicalvoicesays says:Mar 26, 2013 1:54 PM

    And yet, All the players who matter want to play for Dan “The Man” Snyder. Mr. Snyder you are the greatest owner in Sports today. You, Shanahan, Allen and Superhuman will make sure the Redskins dominate this league for the next decade. #BurgundyandGoldStandard

    So now you are a flavordave wannabe. It’s hard being original and creative when you cheer for the Redskins huh?

  44. Packer profits go for players bonuses,Lambeau Field and operating income. Anything left goes to cash reserves which is where signing bonus cash comes from. At one point I think the cash reserve was around 100 million give or take. Give Rodgers and Matthews 55 million in guaranteed up front cash and it doesn’t last long….that cash reserve is GBs version of a ‘deep pockets’ owner.

    It’s why Green Bay shops at KMart and the rest of the league shops at Macy’s.

    Other teams have billionaire owners…the Packers have a savings account.

    If New England’s account hits zero Kraft deposits a check. If GBs hits zero they run a ‘worthless’ stock sale.

    People who cry about the stock sales just don’t understand the uniqueness and fragility of the Packers situation.

    Chicago has suburbs bigger than Green Bay.

    ****************************************************************

    JohnnyRyde says:
    Mar 26, 2013 2:10 PM
    Since owning an NFL team allows the owner to “print money”, as you say, what happens to the money/profit generated by the publicly owned Packers? My understanding is that the shares own by the Packer fans don’t entitle them to dividends, so where does the profit go?

  45. hrmlss says:Mar 26, 2013 2:35 PM

    I wonder what all the Packers owners are collectively worth?
    ———————————————————————
    That is most easily calculated with just a paper and pencil. To wit;

    Capacity of Lambeau field = 79,594

    Average Wisconsin weekly
    unemployment benefit = $363.00
    ______________
    79,594 X 363 = 28,892,622

    There is your answer! The Packers “owners” collective worth is $28,892,622.00 +/- a week!

  46. Congrats to Paul. For all you Snyder haters, while he may be a DB at times you cannot deny his business success and sense. In 2012, Redskins net worth is 1.62 bn with profit of 110million. This is third on the list behind dallas and patriots. Seahawks are ranked 17th with 1.01bn worth but only a profit of 16million.

    This is before the true impact of RG3 revenue/profit will be realized. Yes Russell will generate new revenue/profits for seahawks, but RG3 is in a better marketing machine.

  47. With the CAP does it even matter? No NFL team loses money, and so with the CAP being in place there isn’t an option to spend more.

    NFL needs to be more worried about the crazy rules are trying to make and restrict the game.

  48. Kroenke’s wife Ann Walton is part of the Wal-mart family fortune. She has done nothing tho attain that wealth besides be born with the Walton name. That family and its heirs are worth the same amount of money as the bottom 30% of earning adults in America. But according to the purist of capitalists she worked hard for her keep and should not be subject to a higher tax rate. And we all know about the Ford’s.

  49. “Which makes us wonder what those owners are doing with the money that owning an NFL team allows them to print”

    Dude they are not billionaires because of the NFL! Their NFL investments (inheritance) came after being successful in other areas. Their other business portfolios printed them money, the NFL came after, and provides an income stream.

    But to imply like you did above that the NFL is some sort of a money tree that creates billionaires is wrong…

  50. Taken from Packers.com

    The Green Bay Packers’ fifth stock offering, which ended Feb. 29, 2012, was a tremendous success with the organization adding more than 250,000 new shareholders. For the first time in a Packers stock offering, international sales in Canada were issued for a short time and accounted for approximately 2,000 shares.

    While exact totals are not available at this time, more than 268,000 shares were sold during the offering that began Dec. 6, 2011.

    Prior to the 2011 sale, a total of 4,750,937 shares were owned by 112,158 stockholders.

    All proceeds from the most recent offering are going toward the expansion of Lambeau Field, a $143 million project that includes approximately 6,700 seats, new HD video boards, a new sound system and two new gates. The new sound system was in place for the 2011 season, the new video boards and one gate were launched in 2012 and the new seats and second gate will debut for the 2013 season.

    To protect against someone taking control of the team, the articles of incorporation prohibit any person from owning more than 200,000 shares.

    The corporation is governed by a board of directors and a seven member executive committee.

    Based on the original “Articles of Incorporation for the (then) Green Bay Football Corporation” put into place in 1923, if the Packers franchise was sold, after the payment of all expenses, any remaining funds would go to the Sullivan-Wallen Post of the American Legion in order to build “a proper soldiers’ memorial.” This stipulation was enacted to ensure that the club remained in Green Bay and that there could never be any financial enhancement for the shareholder. The beneficiary was changed from the Sullivan-Wallen Post to the Green Bay Packers Foundation on the basis of a shareholder vote at the November 1997 meeting.

  51. This article is misleading, those owners listed didn’t get rich in football, it’s that simple. Owners like the Browns in Cincy, and the Wilson’s in Buffalo made the bulk of their money from football. That’s why when people criticize Mike Brown for being greedy they don’t understand he feels an obligation to keep football in Cincy. Take this excerpt from a 2011 Forbes article….”Forbes estimated the Bengals’ 2010 season revenue at $236 million, about 10 percent below the league average of $261 million. But the Bengals play in one of the smallest markets in the league. To prove that Mike Brown is a good businessman, Bengals operating income of $44.7 million topped the league average of $30.6 million by 46 percent.” He’s not cheap as most NFL media say. It’s exactly what Forbes is saying, he’s one of the best businessmen in the NFL. No other team has that type of gap (and it’s a good gap not a bad one) between revenue and operating income. Other team just have the ability to waste tons of money in an attempt to win due to their larger market. That’s why you won’t hear Cincy mentioned in conversations about moving teams. THe stadium deal may seem so great, and it’s a good one no doubt, but was even better for city and county planners who sneaked away tons of money for development near the stadium in the cracks of the deal. It took years for those details to emerge, when they tried to sue Brown, and is largely still unreported by the media.

  52. @fground,

    At least Buffet is willing to pay his extra share to a system that benefits him and his wealthy peers; most of who don’t want to pay a fair share so the rest of us 47%ers will be able to pay for extra tax programs to build stadiums that will intern sell them beer with a 60% mark up, not to mention food and fan gear.

  53. Why do states give them money for stadium then Why do taxpayers money go towards any of it. When we pay for tickets as well. It’s do double dipping. N this why this country doesnt need govt to control our money.

  54. The NFL really isn’t that profitable, contrary to what most people believe. It was released recently that they turned a 6% gross margin.

    Healthy indeed but mediocre compared to many profitable companies. The NFL is a big, big organization and that % multiplies into a big, big number. But if you compare them with other companies of their side it is fairly meh.

    And the entertainment industry is a fickle beast, especially when your employees are all union and earn the same whether you are growing or shrinking the pie.

  55. salary cap is only half the equation to tempering snyder and jones’s spending.

    The other half is profit sharing, the redskins and cowboys are in the most profitable markets and thats why they would be able to outspend allen,

    unless of course he was willing to use his own money to outspend them which we all know would never happen.

  56. I really enjoy that EVERY article on this site gets turned into a story about the Redskins by all the haters. You guys sure spend alot of time thinking about a team you hate. Is it jealousy?

  57. thefootballgodssay says:
    Mar 26, 2013 2:11 PM
    JOHN MARA HAS 4 SUPER BOWL RINGS NO ONE ON THIS LIST CAN SAY THAT

    __________________________________

    Count 5 from Jerry…Only Steelers are ahead with 6….Nuff said!

  58. Still doesn’t explain why I can’t connect to WIFI at CenturyLink Stadium…hey, Paul…between your b-b-b-billions and the HYUGE telecommunications consortium you let buy the naming rights, maybe you could work on that, hunh?

  59. thefootballgodssay says:
    Mar 26, 2013 2:11 PM
    JOHN MARA HAS 4 SUPER BOWL RINGS NO ONE ON THIS LIST CAN SAY THAT
    ———————-
    Meet the Rooney’s.

  60. Getting sick of all sports in general announcing how rich everyone is.Player contracts,stadium deals,etc.Its all about the$$$

  61. Gee, no kidding…

    This guy was filthy rich before he ever got involved with NFL team ownership.

    He a major stockholder, and co-founder of Microsoft…

  62. “Which makes us wonder what those owners are doing with the money that owning an NFL team allows them to print.”

    Which owners are you referring to? The billionaires or the non-billionaires?

  63. uwsptke says: Mar 26, 2013 2:33 PM

    I wonder if they have a special billionaires table at the owner’s meetings. Dan Snyder probably walks up to take a seat and says, “Hey guys, I’m a billionaire now!”, while Paul Allen says under his breath, “pffft… barely…”

    ——————————————————–
    “walks up to take a seat”? ….uh….I think you meant “gets lifted up into his high-chair”

  64. That’s why If you want to play for a Owner that doesn’t act like a rich snob, you play for Ralph Wilson. Ralph Wilson Jr.= #1 Owner in the NFL

  65. Redskins DOMINATE??? Is that what he wrote? They couldn’t even win the only playoff game they’ve been in, in most children’s lifetimes. Don’t tell me about RGIII’s knee. He wasn’t on the field when the Hawks were running the score up. That Shanahan KoolAid must be awfully potent stuff.

    But hearing all about public funding for stadiums vs the greedy owners. Do the football owners get paid when there are concerts and other sports events at those stadia?

  66. logicalvoicesays..And yet, All the players who matter want to play for Dan “The Man” Snyder. Mr. Snyder you are the greatest owner in Sports today. You, Shanahan, Allen and Superhuman will make sure the Redskins dominate this league for the next decade. #BurgundyandGoldStandard

    isnt that the same owner that sued a bunch of fans who couldnt afford to pay their season tickets dues during a recession? yeah what a owner

  67. “Which makes us wonder what those owners are doing with the money that owning an NFL team allows them to print.”

    Making it possible for guys like you to make a good living, Mike.

  68. This title, is the same as the Super Bowl to Mike Brown.. He may not care much about the team losing on the field… But he has to feel like a loser when he finds out how poor he is in comparison to the other NFL owners, despite his consistently shrewd ways..

  69. Mike Brown is laughing… He is wondering if Forbes has any idea how much NFL profit you can stick in Switzerland, over a 20 year period…

  70. i’d like to donate a dollar to Jimmy Haslam III just so the Browns can say they were first place in the AFC North on there own in something for the first time since the division came together. That 1.8 billion and 1 makes the Browns owner the richest in the division.

  71. “logicalvoicesays says:
    Mar 26, 2013 1:54 PM
    And yet, All the players who matter want to play for Dan “The Man” Snyder. Mr. Snyder you are the greatest owner in Sports today. You, Shanahan, Allen and Superhuman will make sure the Redskins dominate this league for the next decade. #BurgundyandGoldStandard

    91 1019”

    ——————————————————-

    Is this the record for most thumbs down achieved by a troll?

  72. @circuscivics

    Saying the dollar is gaining on the Euro is akin to saying the Chiefs are gaining on the Bills

    As of rright now, they’re both in the tank, dufus.

    Check out what ‘s happening in Cypress. If you think that idea is isolated to that Island, then you are gravely mistaken.

    Continuously printing paper money isn’t helping our economy. It is further devaluing the Dollar, domestically and internationally.
    Inflation is being artificially held in check by Bernanke’s outlandish policy of continuing to print money at rate higher than in all the years leading up to 2008.
    Doing this in one of the worst American economies since 91, with a radical socialist in the White House is planting the seeds for disaster.
    You have no clue of what you’re talking about

  73. I like how Florio is always criticizing people around the league as being narrow minded when it comes to accepting gay players, yet he takes a back handed swipe at John Mara and calls him Joan.

  74. birdgang says: Mar 26, 2013 2:30 PM

    Eagles owner Jeffrey Lurie according to Forbes has a net worth of 1.1 bil. Why isn’t he on the list? Typical Philadelphia bias
    —————————————————————————that was before the divorce.

  75. So…. basically Green Bay is like the Shire or hobbit land place – everyone else are giants and such…

    blah – idk. Billionaires vs a Small Town.
    NFL rules.

  76. Yeah must have been hard helping Gates steal Apple software. Just putting his name on the dotted line made Paul Allen a millionaire.

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