Sport means so much, to so many people in the United States. It does not matter whether you are a player, team owner, supporter, broadcaster, coach, or sell refreshments, sport plays a massive role in the daily lives of millions of Americans but who are the biggest sports teams in the US?
Beginning in terms of the most valuable teams, the Dallas Cowboys lead the way and they were valued at $5.5 billion in the summer of 2020. Purchased by the current owner Jerry Jones in 1989 for $150 million, he can certainly be pleased with his investment. Moving from the National Football League to Major League Baseball and the second team to feature in the list of the most valuable sports teams in the United States is the New York Yankees. Purchased back in 1973 by the Steinbrenner family for $8.8 million, the New York Yankees are now worth a huge $5 billion.
Now we come to the National Basketball Association and the New York Knicks. This is the second New York based sports team to feature in the list of the most valuable teams in the US and it is owned by the Madison Square Garden Company. The company purchased the New York Knicks for $300 million in 1997 and it is currently worth $4.6 billion.
Some of the other teams to feature in the most valuable list include Los Angeles Lakers, Golden State Warriors, New England Patriots, and New York Giants. Not only are these teams the most valuable in the United States but they are also some of the most valuable in the world, with only a few European soccer teams being able to match them.
One of the many ways the teams raise money is through sponsorship deals and the PointsBet sportsbook has signed lots of deals with sports teams. This online sportsbook is available in New Jersey, Indiana, Iowa, Colorado, Illinois, and Michigan. NBA team the Detroit Pistons have recently announced PointsBet as their new betting partner and there are also deals in place with the Denver Nuggets, the Colorado Avalanche in the NHL, and the Colorado Mammoth of the National Lacrosse League.
However, there is more to being regarded as a big sports team than value. Popularity also plays a significant role in judging the size of a sports team and in that respect, the Los Angeles Lakers lead the way. The LA Lakers are a hugely successful team on the basketball court and that helps to attract a significant number of fans. Home to some of the greatest basketball players in history, including LeBron James, Magic Johnson, Wilt Chamberlain, Shaquille O’Neal, and Kobe Bryant, LA Lakers have over 20 million followers on Facebook and 9 million followers on Twitter.
The LA Lakers also feature highly in the list of the most valuable teams, making them arguably the biggest sports team in the US. The Golden State Warriors, Chicago Bulls, Miami Heat, Cleveland Cavaliers, Boston Celtics, and Dallas Cowboys also enjoy a significant fan following but they cannot match that of the LA Lakers.