The 10 most profitable sports teams in the world right now

Winning championships is the goal, but for the front office, the real scoreboard is the balance sheet. In an era where media rights, luxury suites, and global branding have turned franchises into financial powerhouses, some teams are simply playing in a league of their own. We’ve crunched the numbers from Forbes and Boardroom to bring you the definitive countdown of the sports world’s biggest earners; the organizations that are generating massive operating income regardless of whether they hoist a trophy at the end of the season.

10. Toronto Maple Leafs (Tie)

Operating Income: $191M

They call it the “Centre of the Hockey Universe” for a reason, and the financial returns certainly back that claim up. Despite a championship drought dating back to 1967, the Leafs remain an absolute juggernaut in the NHL, commanding fierce loyalty and massive gate revenue at Scotiabank Arena. The brand is practically a religion in Canada, ensuring that the blue and white stay in the black year after year.

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9. Houston Rockets (Tie)

Operating Income: $191M

Locked in a dead heat with Toronto, the Rockets prove that everything really is bigger in Texas; including the profit margins. Under Tilman Fertitta’s ownership, the franchise has remained a financial heavyweight in the NBA, benefiting from a massive market and the lingering global footprint established during the Yao Ming era. They might be rebuilding on the court, but their business operations are still performing at an All-Star level.

8. Philadelphia 76ers (Tie)

Operating Income: $203M

Trusting the process hasn’t just netted the Sixers MVPs and playoff appearances; it’s turned the franchise into a cash cow. With a passionate Philadelphia fanbase packing the Wells Fargo Center and astute management by Harris Blitzer Sports & Entertainment, the team has surged up the valuation charts. They’ve successfully monetized their “contender” status, turning high expectations into even higher revenue streams.

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7. Atlanta Hawks (Tie)

Operating Income: $203M

Perhaps the biggest surprise on this list to the casual fan, the Hawks have quietly become an absolute monster on the balance sheet. A renovated State Farm Arena and smart, modern branding have revitalized the franchise’s connection with the city’s culture, driving significant local revenue. It’s a testament to how modern NBA ownership can unlock value in a major media market, matching the Sixers dollar-for-dollar.

6. New England Patriots

Operating Income: $222M

The Tom Brady era may be over, but the dynasty Robert Kraft built is still printing money in Foxborough. The Patriots remain the gold standard for NFL business operations, leveraging the massive Patriot Place development and a brand that became synonymous with 21st-century winning. They’ve proven that a strong organizational culture and a rabid regional following can insulate the bottom line from on-field transitions.

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5. Mercedes F1

Operating Income: $227M

Formula 1’s explosion in popularity, fueled by “Drive to Survive” and expanding US interest, has sent team profits racing off the charts. Mercedes, led by the astute Toto Wolff, has capitalized on the sport’s budget cap era, slashing spending while revenue skyrocketed. They are the only racing team on this elite list, proving that the Silver Arrows are just as fast in the boardroom as they are on the track.

4. Los Angeles Rams (Tie)

Operating Income: $244M

Stan Kroenke’s vision for a West Coast superpower has fully materialized, with the Rams sitting pretty as the NFC’s financial kingpin. The move to Los Angeles and the construction of the glimmering SoFi Stadium have unlocked unprecedented revenue streams from luxury seating and sponsorship deals. A recent Super Bowl title didn’t hurt either, solidifying their place in the heart of the entertainment capital of the world.

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3. Edmonton Oilers (Tie)

Operating Income: $244M

Powered by the generational stardom of Connor McDavid, the Oilers have turned Northern Alberta into a global hockey capital. The move to the state-of-the-art Rogers Place has been a total game-changer, transforming the team’s local revenue potential and revitalizing downtown. It’s a perfect storm of on-ice excellence and off-ice infrastructure coming together to generate massive returns.

2. Golden State Warriors

Operating Income: $409M

The Warriors aren’t just a basketball team; they are a tech-savvy entertainment empire built around the brilliance of Stephen Curry. Their privately financed Chase Center is a literal money-printing machine, generating revenue figures that dwarf almost every other team in the association. By treating the franchise like a Silicon Valley unicorn, Joe Lacob and Peter Guber have revolutionized what an NBA team’s business model can look like.

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1. Dallas Cowboys

Operating Income: $629M

Jerry Jones doesn’t just run a football team; he runs the most valuable sports property on the planet, period. The Cowboys are in a stratosphere of their own, generating nearly 50% more operating income than the second-place Warriors through unmatched sponsorship deals and the spectacle of AT&T Stadium. America’s Team remains the undisputed heavyweight champion of capitalism, proving that the Star is the most powerful logo in sports.

When the final buzzer sounds

While fans obsess over box scores and trade rumors, this list reveals the true heavyweights of the sports industry. From the gridirons of Texas to the ice rinks of Canada and the F1 circuits of Europe, these franchises have mastered the art of monetization. As player salaries continue to soar and stadiums become more lavish, expect these financial titans to keep pushing the boundaries of what a sports team is worth.

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