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Sports Illustrated
Sports Illustrated
Sport
Liam McKeone

Billionaires Are Buying—and Selling—Sports Franchises at All-Time High Prices. Will It Continue?

Over the past 16 months, six major American sports franchises have been purchased for a combined value of $54.9 billion.

The Celtics were sold at a valuation of $6.1 billion in March 2025. Months later, the Lakers followed suit at a valuation of $10 billion. In 2026, the Trail Blazers went for $4.3 billion; the Seahawks, fresh off a Super Bowl win, went for $9.6 billion; the Padres were sold for $3.9 billion. The Timberwolves changed hands at the price of $4.5 billion. Then the Lakers were sold again, this time for $12.5 billion. The most recent transaction featured another California baseball team, as the Angels were sold for $4 billion.

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