You could probably argue that for every modern day superstar. Their contract value is an underpay for guys like prime Curry, Lebron, Kobe, Luka, KD etc from what they bring to the franchise as a whole…economic activity if you will…

Exactly.

Tale as old as time.

Yeah, but SV was there well before the Warriors took off in 2015 and their valuation wasn’t raising accordingly.

What other enterprises du the Cowboys own? I couldn’t find anything online besides the practice stadium

As someone who’s newly getting into football I have a genuine question. Why do people hate the cowboys if they’re so ass?

The Knicks is actually not correct, legally.

MSG Entertainment (MSGE) owns MSG Arena. MSG Sports (MSGS) owns the Knicks, Westchester Knicks, Rangers and Hartford Wolfpack and is a separate legal entity. The Knicks and Rangers are going to be separated and spun into independent entities.

MSG Networks is yet another legal entity that handles the broadcasts of Knicks and Rangers content.

All are majority owned by James Dolan. But by the end of the quarter, the Knicks, Rangers, MSG Arena, and MSG Networks are going to be 4 totally separate legal entities, just all with the same owner.

If Dolan decides he no longer wishes to own real estate in NYC. He can sell MSGE and retain the teams and network. Vise versa.

The team doesn’t own the arena. And the arena doesn’t own the team. But they are both owned by the same guy.

The Dallas Cowboys WILL place top 3 East and get blown out by a bottom 2 team on the 1st round of playoffs and you WILL like it

Yeah that’s my thought as well. If Ballmer sells the clippers, the arena doesn’t come with it lol

That sentence about values rising 3x between 2020-2025 is not about the scope of their research. On the contrary, the fact they highlighted would actually make it incredibly vague and imprecise to have a scope that spans 5 years. It’s based on today, and the article discussed recent events like the Trail Blazers acquisition and the RSN collapse.

On this chart they are worth less than the Nets…..A team that literally doesn’t have a fan base.

They are valued for what they’ve done. Not for what they’re gonna do.

Chase Center is not in the zip code you’re thinking of. Atherton is closer to Palo Alto, as are the other two Zip codes in the top 10.

Still, 5 of those zip codes in that Top 10 are NYC metro. Out of the top 30, it’s:

• 13 in Greater NYC

• 5 South Florida

• 3 Greater LA

• 3 Bay Area ( the three mentioned above)

• 1 each in Dallas, Boston, Seattle, DC, Chicago, and Aspen

https://datawrapper.dwcdn.net/6oM0L/full.png

People density is very high too.

all that tech money existed before Steph when they were viewed as a poverty franchise.

What does that have to do with the price of the team? Because ticket prices are higher?

Most of team valuation is based on media market size. Basically how many people want to watch them on tv. That seems directly tied to Steph. Are they going to keep their huge international fan base when he retires? The large fan base across the country that follows their favorite players?

I really don’t think the concerts are what’s putting them up so high considering how many concerts MSG does in the main arena AND their giant theatre above the arena.

yes, that’s a big chunk of the valuation, but Chase Center was under \(2 billion when it was brand new 7 years ago. The real estate value is going up, and the Valkyries (WNBA) coming on board with early success is a boost. But overall, I still think it would be hard to justify a stand-alone value for the arena asset/ business at more than \)4.5B. And that generous estimate still leaves the Warriors’ valuation (minus the arena) in the NBA’s top 3 highest valuations. Which just flat-out doesn’t align with where the Bay’s other major pro teams rank in their respective leagues (49ers—8th; Giants—5th; Sharks—26th).

It’s not just the arena. They also own the district that was developed around it, so the Warriors have a bit of a real estate enterprise beyond just the arena and its revenue. Also, Steph Curry is a global star who expands the team’s value into other worldwide markets that (most) other teams don’t have.

You are greatly underestimating the value of the arena property.

The land they own includes the Global HQs of Uber & OpenAi

LA might be bigger than the Bay but it’s also much poorer.

Are they really that much bigger in this day and age? Everyone knows Steph Curry. When he retires though yeah it’ll probably be less valuable

look at the gdp per capita of the bay area (sf/oak/berkely & san jose) compared with LA/NYC and you’ll see. Tech money hits different and this isn’t even talking about the international influence the warriors have

Warriors stadium were packed even before steph came.

Warriors are in the richest zip code of america. Even richer than NY or LA.

So do the Lakers. The Warriors, Lakers, and Rockets all have big fan bases over there.

Steph + SF real estate prices. The Warriors own the stadium, Lakers don’t and are quite close behind.

Tech endorsements left and right. Silicon Valley money is no joke.

He’ll probably run for mayor so he can finally live out his dreams in retirement.

And the idiots that reside in states that California subsidizes gleefully cheer him on

4th actually

Bob Iger’s gonna build the new Lakers arena in Disneyland to really synergize things.

Stadium ownership has to be a huge factor right?

On Planet North America

Lmao. Which planet do you speak of?

Not really. In Europe they’re almost anonymous.

Not in Asia, Africa, and Europe lol

Brother the world is bigger than North America.

Meh, here in Brazil even as the NFL is growing in popularity hardly anyone cares or even knows about the Cowboys.

Are you going to cry about it? Figures Laker flair crying to defend the cowboys

All revenue so it would include stadium revenues. I can definitely see the salary caps making it more appealing to potential buyers.

They got the CDN market all of 41 million to themselves (not just TV but sponsorships) and they won a championship in a major US league which buys about 20 years of good will.

If those are high rise buildings then they add long term value but if it’s just some standard box structure it adds value but it’s not some bonkers level long term locked into value. And even so, the Knicks own MSG and land in Manhattan is wildly expensive. They also have a way larger, more valuable fan base, just like the Lakers, Bulls, Celtics, etc.

It’s even less cheap in midtown Manhattan. And the Knicks own MSG too.

Neither is Manhattan. This list is just trash.