Stan Kroenke, owner of Arsenal, has seen his net worth increase by over £2 billion due to the Los Angeles Rams' rise to third on Forbes' list of the world's most valuable sports teams. The Rams' success is attributed to lucrative media deals in the NFL, surpassing even the Premier League's global reach.
One of the sports teams owned by American businessman Stan Kroenke has broken into the top three of the world’s most valuable sports teams, meaning his net worth has risen by over £2 billion. Arsenal owner since 2011, the 77-year-old has now accumulated a whopping £13.3 billion – an increase of £2.6 billion over the last 12 months. Kroenke is no stranger to riches, having married Ann Walton, heiress to the Wal-Mart fortune in 1944, before entering into real estate.
He later took his savvy business sense to the world of sports, media and entertainment and set up the Kroenke Sports & Entertainment firm in 1999. Kroenke went on to add the NFL’s Los Angeles Rams and MLS side Colorado Rapids but it is the Super Bowl 56 champions that has provided him with his latest cash injection. Earlier this month, Forbes released its list of the 50 most valuable sporting teams on the planet with the Rams entering taking third spot ahead of the New York Yankees. Whilst the Premier League’s global reach with fans is not in doubt, the media deals in place for teams from the NFL, in particular, has tipped the scales in their favour. For example, each NFL team receives around £300 million per year on average across the leagues national media rights package which is set to pay around £100 billion up until 2033 (£60 billion over 11 seasons.) Kroenke’s Denver Nuggets, valued at just over £3 billion, failed to make the list despite being crowned NBA champions as late as 2023. Speaking about the success of Kroenke Sports & Entertainment, Kroenke’s son Josh said: 'The benefit of the organisation my dad has built has given us the ability to cross-pollinate certain concepts and ideas across similar but different businesses, and those are our teams
SPORTS STAN KROENKE ARSENAL LOS ANGELES RAMS FORBES NFL SPORTS VALUES MEDIA DEALS
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