Raul Zarraga

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The Pittsburgh Steelers By The Numbers

In our next edition of <i>NFL Teams By The Numbers</i>, we’re breaking down the important, interesting and just plain strange numbers associated with the Pittsburgh Steelers.<p><b>Current team value:</b> $1.9 billion (13th in the NFL)<p><b>2014 Revenue:</b> $334 million<p><b>2014 Operating Income:</b> $54 million<p><b>Rooney Family Net …

NFL

Stock Up, Stock Down: Projecting Future NBA Team Values

Earlier this month, Forbes released its annual list of the 50-most valuable sports teams in the world. To the surprise of few, Real Madrid came in No. 1 overall at $3.26 billion.<p>As it relates to professional sports teams in North America, the Dallas Cowboys and New York Yankees took the cake at …

NBA

The 5 Most Valuable Apparel Deals In College Sports

The University of Michigan’s new apparel deal with Nike is the most valuable in college sports. It runs from August 1, 2016 through July 31, 2027, with an option for Michigan to sign a four-year extension through 2031. Value: $122.32 million (without option, including $12 million upfront), $169 …

University of Michigan

El 44.4% de la población en México usa internet

Ciudad de México.- El año pasado, <b>44.4% de la población de México de seis años o más se declaró usuaria de Internet</b>, es decir 47.4 millones de …

Cristiano Ronaldo Edges Lionel Messi As The World's Highest-Paid Soccer Player

Ronaldo or Messi? While the debate rages on about who is the better player, we can tell you who is better paid.<p>For the second year in a row Cristiano Ronaldo ranks No. 1 on our list of the world’s highest-paid soccer players. The 30-year-old star of Real Madrid, the most valuable soccer team in the …

Soccer

May 2, 2015: A Day That Will Make Sports-Gambling History

Seems to me that next Saturday is the perfect storm for sports gamblers. You’ve got the Kentucky Derby in the afternoon and the Mayweather-Pacquiao fight that evening.<p>The day will have to set an all-time record for money bet in a single day, right? I am talking about single-event sports bets, not …

Boxing

ESPN Leads All Cable Networks In Affiliate Fees

ESPN is by far the most expensive cable network for providers to broadcast, and it’s only expected to become even more expensive.<p>The fee that cable providers pay the network for the rights in 2015 to broadcast the all-sports channel will cost an average of $6.55 per subscriber, per month, and is …

Media Management

Lakers Top 2015 List Of NBA's Most Valuable Teams; Average Franchise Is Now Worth Record $1.1 Billion

What do you get when you combine a massive new $24 billion television contract, a nearly six-year bull market in equities creating tremendous wealth, and cheap credit? You get a massive rise in sports franchise values, with the NBA serving as ground zero for the current boom. The average NBA team …

Basketball

Miami Heat Tops Forbes 2015 List Of The NBA's Best Fans

Enough with the talk about how the NBA has become a star-driven league. Let’s just call it what it really is: home of the biggest bandwagon fans in all of sports.<p>For the love of LeBron, the Cleveland Cavaliers, sitting fifth in their conference with a mediocre record just above .500, are leading …

Basketball

NBA Adding $1.1 Billion Of Debt While Getting Its Best Credit Rating Ever

When your business is hot, you can pile on more debt and actually improve your credit.<p>In a testament to the enormous increases in team values and its new television deals with Walt Disney and Time Warner, the NBA has been awarded its highest credit rating ever for both its league-wide revolving …

Time Warner

How Stan Kroenke's Plans For A Stadium In Los Angeles Could Reshape The NFL

Billionaire Stan Kroenke, who owns the NFL’s St. Louis Rams, recently announced his plans to build a football stadium as part of a real estate development project on nearly 300 acres in Inglewood, California. The Rams lease for the Edward Jones Dome permits them to bolt St. Louis, although the team …

Los Angeles

How Much Will The Atlanta Hawks, Brooklyn Nets Sell For?

The NBA’s Atlanta Hawks and Brooklyn Nets are for sale.<p>On the current episode of the YES Network’s Forbes SportsMoney, co-host Bob Lorenz, sports banker Chuck Baker and I discuss how much the teams might fetch as well as the business prospects of the NBA. You can check out our conversation in the …

NBA

Why James Dolan Can Laugh After Firing Off Rude Email To Knicks Fan

This weekend news broke that Madison Square Garden boss James Dolan had fired off a rude email to a longtime fan of the New York Knicks who had sent Dolan an email complaining about the way Dolan runs the NBA team.<p>Here are the emails, courtesy of Deadspin:<p>Email that was sent to Dolan:<p>Subject: I …

Basketball

Five Reasons Why The New York Knicks Are Worth $2.5 Billion

Here are the five most important reasons why the New York Knicks, who own the NBA’s worst record this season despite the league’s second-highest payroll, are really worth $2.5 billion.

New York Knicks

What Went Wrong With The Sale Of The Brooklyn Nets

Why has the sale of the Brooklyn Nets gone awry?<p>It was just two months ago that Business Insider wrote the team could be sold for $2.7 billion. And earlier this month the New York Post wrote that the sale of the NBA team by billionaire Mikhail Prokhorov had sparked great interest from rich people …

NBA

College Basketball's Most Valuable Teams: Louisville On Top, Kansas Close Behind

The Louisville Cardinals are, for the fourth consecutive year, college basketball’s most valuable team. But the team’s financial success appears to have ebbed for the first time since 2009. This year Louisville is worth $38.3 million, down a hair from last year’s $39.5 million valuation. And while …

College Sports

MLB Worth $36 Billion As Team Values Hit Record $1.2 Billion Average

If Major League Baseball traded on a stock exchange it would be worth $36 billion. The average baseball team is now worth $1.2 billion, 48% more than a year ago, the biggest year-over-year increase since we began tracking team values in 1998. A record 15 MLB teams are now worth at least $1 billion, …

Profit

The Ballmer Bubble Bursts

After former Microsoft CEO Steve Ballmer paid $2 billion for the Los Angeles Clippers a year ago, $400 million more than the next-highest offer for the NBA team, the question being asked was “what would be the impact on team values?”<p>Answer: It was an outlier of significant proportion.<p>Just ask …

Los Angeles

Sale Of Brooklyn Nets Stalled Because Prokhorov Wants $3 Billion

The sale of the Brooklyn Nets has stalled because Mikhail Prokhorov is trying get a $3 billion valuation for the team and Barclays Center while keeping a controlling interest in the NBA team.<p>The Russian billionaire controls 80% of the team and 45% of the arena while Bruce Ratner controls 20% and …

NBA

MLB Properties Extends Agreements With New Era, Nike, And '47 Brand Till 2019

With the 2015 season set to kickoff Sunday night, the Major League Baseball Properties has reached extensions with three critical extensions with New Era, Nike,’47 Brand for officially licensed on-field and fashion apparel. The agreements will end in 2019, thus matching up with the agreement …

Shoes

How The Masters Leaves $200 Million On The Putting Green

<i>(updated April 12, 8:55AM to include updated purse/prize money for this year’s Masters, courtesy of ESPN via comment from William West)</i><p>This year’s Masters is turning into a classic.<p>Burning up the leader board on Saturday is 21 year old Jordan Spieth, who last month won the Valspar Championship, …

Golf

The Business Of The FIFA World Cup

Soccer’s World Cup is, by my count, the fourth-most valuable sporting event brand in the world, worth $170 million per-event-day.<p>The broadcasting fees alone to soccer’s quadrennial tournament are worth $1 billion. In the video below, Bob Lorenz and I discuss the business of the 2014 World Cup on …

FIFA World Cup