Patriots, Red Sox Among Forbes’ Most Valuable Franchises
BOSTON (CBS) – When it comes to the world’s most valuable sports franchises, two of the top 11 call New England their home.
Both the New England Patriots and Boston Red Sox found their way onto Forbes’ list of the World’s 50 Most Valuable Sports Franchises.
Valued at $1.635 billion, the Patriots come in at sixth on the list. They are second to only the Dallas Cowboys ($2.1 billion) in the NFL, and the New York Yankees (fourth at $2.3 billion) in American sports.
“The Patriots have sold out every game at Gillette Stadium since it opened in 2002 and have more than 60,000 people on a waiting list for season tickets,” Forbes said of the Patriots. “The Pats increased ticket prices last season for the first time since 2008. Tom Brady and John Elway are the only QBs to start in 5 Super Bowls.”
Last season, the Patriots went 12-4 in the regular season before falling to the Baltimore Ravens in the AFC Championship game.
The Red Sox are the 11th most valuable franchise in sports, worth $1.312 billion.
“Fenway Park was recently added to the National Register of Historic Places, making it eligible for a $39.4 million tax credit. Henry and Werner also own Liverpool FC through Fenway Sports Group,” Forbes says of the Red Sox.
After a terrible season in 2012, the Red Sox hit the All-Star break with a record of 58-39 — the most wins in baseball.
Soccer clubs make up each of the first three spots on the list: Real Madrid at $3.3 billion; Manchester United at $3.165 billion; Barcelona at $2.6 billion.