The Billionaires’ Club: A Look At The Wealthy Owners Of The NFL

Published on: 24 November 2023 Last Updated on: 11 September 2024

An elite club is hidden behind the most played game in the country. It currently requires billions of dollars and the consent of the majority of its members to join. The National Football League's 32 teams are home to fierce supporters, elite players, and endless quarterbacking on Monday mornings.

If your NFL team wins a Super Bowl, you can lift the Vince Lombardi Trophy, and if you don't, fans will drag you off the field. But you will always be profitable, win or lose. A sizable portion of your income is already guaranteed, primarily from the rich broadcast rights that are divided among all teams. Sales of tickets and sponsorship agreements will put a little more money in your pocket.

According to Michael MacCambridge, author of "America's Game: The Epic Story of How Pro Football Captured a Nation," an NFL team is the ultimate collectible item, "more satisfying than the most expensive sports car or wristwatch you can imagine."

There will be a new team in one owner's box following the sale of the Washington Commanders, which happened recently for a record $6.05 billion.

So who owns the NFL? Is there just one or a whole club? Here we have all the details.

Who Owns The NFL?

There are 32 teams in the NFL, and here are a few noteworthy. Check out if your home team is on the list:

Arizona Cardinals: Michael Bidwill

58 years old

History of ownership: In 1933, Charles Bidwell, his grandfather, purchased the Cardinals. In 1971, his father acquired sole ownership of the team, which he inherited in 2019.

Other highlights of his career included serving as a federal prosecutor in Phoenix, Arizona, for six years.

Baltimore Ravens: Steve Bisciotti

[Age] 63

History of ownership: He paid $300 million for 49% of the Ravens in 2000 and $600 million for the remaining 51% in 2004.

Other notable achievements in his career include founding the technology and aerospace staffing company Aerotek and the talent management company Allegis Group.

Buffalo Bills: Terry And Kim Pegula

Terri (age 72) and Kim (age 54)

History of ownership: In 2014, the Pegula family paid $1.4 billion to acquire the Buffalo Bills.

Other highlights of his career: Terry's investments in natural gas and oil allowed him to amass a fortune. (He made an estimated $6.5 billion when he sold East Resources in 2010.

Carolina Panthers: David Tepper

65 years old

Past ownership: In 2018, he paid $2.2 billion to purchase the Carolina Panthers.

Additional highlights of his career include founding and serving as president of the hedge fund Appaloosa Management.

Chicago Bears: Virginia Marion Halas McCaskey

100 years old

History of ownership: Her father, George Halas, the founder and owner of the Chicago Bears, left her the team.

Other highlights of her career: The Bears franchise has dominated her life.

Cincinnati Bengals: Mike Brown

88 years old

History of ownership: After his father passed away in 1991, he inherited the team, but his father, Paul, did not hold the majority. In 2011, Mike paid $200 million to acquire an additional 30% of the team's shares, granting the Brown family the majority.

Additional career highlights: He has worked for the franchise for the majority of his career.

Cleveland Browns: Dee And Jimmy Haslam

(Dee and Jimmy) Age: 69

History of ownership: In 2012, the Browns were bought by the Haslams for $1.05 billion.

Additional professional highlights include Jimmy's role as CEO of Pilot Flying J truck stop chain and Dee's role as RIVR Media's founder and executive producer.

Detroit Lions: Sheila Ford Hamp

71 years old

History of ownership: In 2020, she succeeded her mother, Martha Firestone Ford as the primary owner. In 1963, her father, William Clay Ford, Sr., bought the team.

Other highlights of her career included being a stay-at-home mother to her three sons and supporting her mother when Martha took over the Lions in 2014.

Green Bay Packers: Green Bay Packers Inc.

Since 1923, the Packers have been owned by the public for the past century. A total of 5.2 million shares are available, with a maximum holding limit of 200,000 shares per person. Sports Illustrated says, "This isn’t your average stock. There’s no profiting off shares. No lucky Green Bay fan will get rich off the team’s next Super Bowl win because the stock pays no dividends and isn’t tradeable or saleable."

Jacksonville Jaguars: Shahid Khan

73 years old

History of ownership: In 2011, he paid $770 million to acquire the team.

Other highlights of his career included buying his former employer, the auto parts supplier Flex-N-Gate, and designing a successful one-piece truck bumper.

None Of The Owners Are Black

The absence of Black principals who owns NFL has drawn criticism. Diversity is lacking at all levels of leadership in a league where, in the 2022 season, 58% of the players were Black. Three of the head coaches entering the 2023 campaign are Black. However, there are a few select partners, such as former athletes Warrick Dunn of the Falcons and John Stallworth of the Steelers. Tennis players Serena and Venus Williams supported the Dolphins.

Wrapping Up

America's favorite sport will once again dominate TV coverage starting tonight with the National Football League (NFL) season and continuing until the Super Bowl in February. The NFL made almost $12 billion in revenue in 2022, and this season will likely see even more of an increase.

We at Town & Country were intrigued by the select group of extremely wealthy individuals who have the privilege of being NFL team owners."In American capitalism, there are very few golden tickets and certainties," Big Game: The NFL in Dangerous Times author Mark Leibovich stated to the Washington Post. However, owning an NFL team is about as certain as it gets because it indicates that "you're printing money."

If you have thoughts to share or questions to ask about who owns NFL, please leave a comment below. We would love to hear from you!

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Ultimate Fight Club: Who’s In Control Of The UFC Empire?

The world-famous fighting club has been in the news a lot since the UFC and WWE merged. The UFC's parent company, Endeavor, acquired the bulk of World Wrestling Entertainment's stock and combined the two organizations to form TKO. Under TKO Group Holdings, UFC President Dana White and Chairman & CEO of WWE Vince McMahon have assumed new titles. Vince McMahon holds the position of Executive Chairman of the TKO, while White has assumed the role of CEO of MMA promotion. Remarkably, McMahon now has the ability to veto decisions made about the UFC. But you might want to get into the details of this. The UFC has had a history of different management. To get into the thick of things, let’s ask, who owns UFC? Who Owns The UFC? Image Source: cdn.bloodyelbow.com According to Dana White, the head of the UFC, he still makes all of the decisions. On paper, though, McMahon now has enormous power. Since they own 51% of TKO shares, the parent company of TKO—Enterprise—retains ownership of the UFC. The remaining shares, or roughly 49%, are held by WWE. But before we get into all those details, let's get one thing clear. You know how they fight in the ring. Their precise attacks. The rules of the game. But what does UFC stand for? It is an acronym for Ultimate Fighting Championship. Here are the ownership roles after the merger: CEO- Ari Emanuel President & COO- Mark Shapiro Executive Chairman of the TKO- Vince McMahon CEO of MMA promotions under TKO- Dana White Vince McMahon is ONE of the best promoters in the pro wrestling business, if not THE best. In 1982, McMahon spent $1 million to purchase the WWE. Over the following forty years, he turned the promotion into a billion-dollar business. Still, when McMahon's son expressed interest in purchasing the UFC in the early 2000s, he passed up a great chance. Vince, though, turned down his son's request. Many people thought McMahon held the opinion that you can't become a star if you can't control the result. He felt it was not worth the investment because the UFC is one of the riskiest sports. The UFC was purchased by UFC President Dana White and the Fertitta Brothers for $2 million in 2001. Endeavor purchased the organization in 2016 for a record-breaking $4 billion. The WWE was valued at $9.3 billion at the time of the merger, while the UFC was valued at $12.1 billion. Early Days- Semaphore Entertainment Group (SEG) Image Source: isthislegalthebook.com In 1993, Art Davie and Rorion Gracie founded the UFC. Semaphore Entertainment Group (SEG), a pay-per-view company led by Bob Meyrowitz, originally owned the promotion. The first UFC events were planned and promoted by SEG, but in the late 1990s, the company ran into financial difficulties, which prompted it to look for new investors. Who Owns UFC: Zuffa LLV Takes Over Image Source: stories-cdn.essentiallysports.com Zuffa LLC, a business started by brothers Lorenzo and Frank Fertitta and their childhood friend Dana White, purchased the UFC from SEG in 2001. Having experience in the casino industry, the Fertitta brothers saw potential in the floundering company and made a substantial investment in its expansion. Dana White was appointed UFC president, a role he still occupies today. The Fertitta Era Image Source: imageio.forbes.com Zuffa was the owner of the UFC when it saw tremendous expansion and widespread appeal. The company expanded internationally, added fighter safety, and instituted new regulations and weight classes. The Ultimate Fighter reality show on Spike TV, which debuted in 2005 and introduced the sport to a larger audience, contributed to the UFC's success. Who Owns UFC: WME-IMG And The $4 Billion Deal Image Source: vocon.com The UFC was purchased by WME-IMG, presently known as Endeavor, for an astounding $4 billion in July 2016. Dana White was still the president, but the Fertitta brothers sold the bulk of their stock, keeping a tiny portion of the company. To increase the UFC's reach even further, Endeavor, a global agency for sports, entertainment, and talent, brought in additional resources and knowledge. Key People Behind UFC’s Success Image Source: media.bleacherreport.com Numerous people have contributed significantly to the expansion and prosperity of the UFC: The brothers Lorenzo and Frank Fertitta made early investments in the UFC, which helped it grow into a multibillion-dollar global sports empire. Dana White, the long-serving president of the UFC, is in charge of day-to-day management and serving as the organization's public face. Since the UFC was acquired in 2016, Ari Emanuel, CEO of Endeavor, has contributed to the growth of the organization's brand and global reach. Since its founding in 1993, the UFC has advanced significantly. From its early years under SEG to Endeavor and other stakeholders' ownership today, the organization has expanded into a multibillion-dollar sports franchise. Undoubtedly, the ownership structure of the UFC will have a big impact on how successful it is in the future as it continues to change. What Can The UFC Learn From WWE? Image Source: tennessean.com Though it is difficult to see the merger having much of an impact on the UFC business, there are undoubtedly some aspects of WWE's infrastructure that the MMA promotion can take advantage of, most notably event production. Although the UFC provides an excellent live-event experience in terms of lighting, music, and atmosphere, nothing in sports or entertainment quite compares to WrestleMania's bells and whistles. WWE once again exceeded expectations at WrestleMania in Los Angeles earlier this year with an amazing gold set that covered the whole stadium and a huge ramp that led to the ring. A number of the wrestlers on the card had special entrances, and their images rotated on the gold entrance ramp. Cody Rhodes was accompanied by a breathtaking fireworks display as he descended to the ramp via the below-stage lift. From the rafters, Logan Paul headed toward the entrance ramp. Then there was Roman Reigns, the biggest star in the WWE, who was escorted to the ring by multiple pianists performing his entrance theme just before fireworks erupted overhead. Although those kinds of entrances haven't been used by the UFC yet, they might be at the appropriate event. It is highly likely that the merger will also significantly benefit WWE's ongoing media rights negotiations for RAW and SmackDown. Two years from now, the UFC's current contract with ESPN is scheduled to expire. Can Vince McMahon’s Role Impact WWE? Image Source: wwe.com Following McMahon's January return as executive chairman, rumors began to circulate that he was influencing some storylines. McMahon will definitely have clout now that he is confirmed to serve as executive chairman of the new spinoff company. However, McMahon stated to CNBC on Monday that the impact will be "in the weeds, no... on a higher level, yes." Not able to do that. He moved away and hasn't come back to the screen. Despite McMahon's presence, Triple H led-produced his first WrestleMania this past weekend and kicked off Raw on Monday with a speech about pots and mergers. But it's unclear how much control McMahon wants over creativity now that his position in the company is assured going forward. Wrapping Up "The creation of TKO marks an exciting new chapter for UFC and WWE as leaders in global sports and entertainment," Endeavor CEO Ariel Emanuel said in a statement. We are convinced that we can spur their individual growth and create long-term, sustainable value for shareholders because of their continuous connection to the Endeavor network. We will give more than a billion ardent fans worldwide experiences that are unmatched by combining the UFC and WWE under one roof. The much-discussed merger between the WWE and UFC was first revealed in April of this year. Paul "Triple H" Levesque will continue to lead creative for WWE, while Dana White will presumably oversee day-to-day operations at the UFC. If you have thoughts to share or questions to ask about who owns UFC, please leave a comment below. We would love to hear from you! Read More About: How Do Odds Work In Sports Betting? 10 Best Sports Scholarship Programs In The World Has Braun STROWMAN Become The Most Fearsome Wrestler In The WWE

The Billionaires’ Club: A Look At The Wealthy Owners Of The NFL