Most Expensive Pro Sports Franchises
LANHAM, Md. — Steve Ballmer has reached agreement to purchase the Los Angeles Clippers for $2 billion, which if completed would roughly tie the sale of the Los Angeles Dodgers for the highest price paid for a professional sports franchise.
Here is a look at some of the most expensive transactions:
$2 billion — Los Angeles Dodgers, purchased by Guggenheim Partners led by Magic Johnson from Frank McCourt in 2012.
$1.47 billion — Manchester United, purchased by Malcolm Glazer in a leveraged takeover from Shareholders United in 2005.
$1.1 billion — Miami Dolphins, purchased by Stephen Ross from Wayne Huizenga in 2009.
$1 billion — Cleveland Browns, purchased by Jimmy Haslam III from Randy Lerner in 2012.
$845 million — Chicago Cubs, purchased by Ricketts family from Tribune Co. in 2009.
$800 million — San Diego Padres, purchased by Ron Fowler, Seidler and O’Malley families from John Moores in 2012.
$800 million — Washington Redskins, purchased by Dan Snyder from family of the late Jack Kent Cooke in 1999.
$770 million — Jacksonville Jaguars, purchased by Shahid Khan from Wayne Weaver in 2011.
$750 million — St. Louis Rams, 60 percent of team purchased by Stan Kroenke from family of late owner Georgia Frontiere in 2010.
$700 million — Houston Texans, expansion fee paid by Bob McNair in 1999.
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