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The 5 most expensive US sports team sales in history
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The values of U.S. sports franchises have surged over the last few decades, pricing out all but the wealthiest individuals in the world.
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NFL franchises are considered the most valuable sports teams. They have an average valuation of $2.86 billion as of September 2019, according to Forbes. NBA teams rank second with an average valuation of $2.12 billion, followed by MLB teams at $1.78 billion and NHL teams at $667 million.
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Multi-billion-dollar media rights deals and growth in international markets are considered key drivers of sports team valuations. At present, it’s unclear what impact the coronavirus pandemic will have on future franchise sales.
FOX Business breaks down the most expensive US sports team sales in history below.