• Pro sports teams are worth more than ever - see which teams have been sold and how much billionaires are paying for them

    2 monthes ago - By Business Insider

    The actual value of something is ultimately whatever somebody is willing to pay for it, just ask Steve Ballmer.
    In 2014, Ballmer shocked many in the sports world when he paid $2 billion for the Los Angles Clippers - nearly four times the team's perceived value at the time - admitting that he was not in it to make a lot of money .
    Ballmer's enthusiastic wallet-first dive into the world of pro sports helped reset the market for what franchises are worth and what owners might expect when they start thinking about selling. Since that deal, it has become more common to see sale prices above $1...
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