SportsPro Magazine ranks the Red Wings among most valuable sport properties

by Christy on Aug 12, 2009 7:09 PM CDT in News

SportsPro Magazine ranked the top 200 most valuable sport properties (leagues and teams).

SportsPro magazine has published the world’s first ranking of sports properties in its July issue. Unsurprisingly, the National Football League (NFL) is ranked as the world’s most valuable sports property, with a value of US$4.5 billion. It is followed at the top of the table by three other American properties - Major League Baseball (MLB) (US$3.9 billion), the NBA (US$3.35 billion) and Nascar (US$1.9 billion).

The newest property in the list is the Indian Premier League (IPL), which is valued at US$1.6 billion - a staggering achievement for a two-year-old property. The highest ranked European team property is the Ferrari Formula One team (7th) at a value of US$1.55 billion, followed by Manchester United Football Club (8th) at US$1.495 billion. The most valuable American sports club is the Dallas Cowboys (10th), the NFL team, valued at US$1.278 billion.

So where do the Detroit teams fit in?

No. 59 -- Detroit Lions (William Clay Ford, Football, $597 million)

No. 89 -- Detroit Pistons (Karen Davidson, Basketball, $374 million)

No. 131 -- Detroit Tigers (Michael Illitch, Baseball, $240 million)

No. 156 -- Detroit Red Wings (Michael Illitch, Ice Hockey, $196 million)

How do the Wings compare to other hockey teams?

The NHL came in at No. 33 (yes, the whole league). Toronto (No. 98 -- $375 million), New York Rangers (No. 113 -- $291), and Montreal (No. 144 -- $217 million) were the only teams to finish above the Red Wings.

Thoughts?

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Comments

Is there any relevance in this?

Wouldn’t it be best to be low on the list, yet high on overall success?

by ZWC11 on Aug 12, 2009 8:49 PM CDT reply actions

I almost trust a sports magazine I’ve never heard of to rank the entire league lower than some individual teams (or 32 of them).

Jon Casey fan since '84

by stufflife on Aug 12, 2009 9:12 PM CDT reply actions

Surprised that the Pistons are ranked so highly. Is the arena ownership part of that calculation?

And something I’ve never really wondered about: Who owns Comerica Park or Joe Louis Arena?

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by ahtrap on Aug 12, 2009 11:55 PM CDT reply actions

Oh, and as far as the Indian Premiere League goes

Who isn’t a fan of the Kolkata Knight Riders?

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by ahtrap on Aug 13, 2009 12:01 AM CDT reply actions

...

How do you even play Cricket?

by ZWC11 on Aug 13, 2009 1:33 AM CDT up reply actions

Wait, the wings are worth near 200 million, (even though Basille’s bid was over $200 million for the Coyotes, oops), Toronto was $375 million, New York Rangers, No. 113 — $291, and Montreal was $217 million, but the NHL in total was only $700 million…?

by moore0102 on Aug 13, 2009 6:43 PM CDT reply actions

My thought.

I think they are saying the value of the NHL brand and the NHL holdings. Not the value of all the teams combined.

by Christy on Aug 13, 2009 10:14 PM CDT up reply actions

rubbish

George Gillett just sold the Canadiens for over $500 million and this silly little publication has them listed as $217 million?
And I’m all for Indian cricket, but that league worth more than twice the NHL? What kind of sponsorship and broadcast fees does Indian cricket pull in? (Maybe I’m wrong here, but it just seems that some of these numbers have been pulled out of someone’s butt).

by GAM on Aug 13, 2009 11:03 PM CDT reply actions