Bears, Bulls and Cubs all in top 20 of Forbes’ most valuable sports teams

Rob Schaefer
·2 min read

Forbes released its annual sports team value rankings on Friday. Three Chicago teams made the cut: the Bears, Bulls and Cubs.

The Bears checked in at No. 13 with an estimated value of $3.45 billion, making it the sixth-most valuable NFL franchise behind the Dallas Cowboys, New England Patriots, New York Giants, Los Angeles Rams and San Francisco 49ers - quite the return on investment for the reported $100 the McCaskey family bought the team for in 1920.

Meanwhile, the Bulls and Cubs tied at No. 17 with twin $3.2 billion valuations. Jerry Reinsdorf and a group of investors purchased the Bulls for $16.2 million in 1985; the Ricketts family purchased the Cubs for $700 million in 2009.

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By Forbes' calculations, that makes the Bulls and Cubs the fourth-most valuable franchises in their respective sports. In the NBA, the New York Knicks, Los Angeles Lakers and Golden State Warriors registered higher valuations than the Bulls. The New York Yankees, Los Angeles Dodgers and Boston Red Sox checked in ahead of the Cubbies.

All three Chicago teams gained value over the course of the year. In Forbes' 2019 rankings, the Bulls and Bears were valued at $2.9 billion, and the Cubs at $3.1 billion.

The NFL boasted 27 teams in Forbes' top 50, by far the most of any sports league (the Buffalo Bills, Detroit Lions, Cleveland Browns, Cincinnati Bengals and Tennessee Titans were the only clubs not represented). The NBA was second with nine.

And with three teams listed, Chicago tied with San Francisco and Boston as the third-most represented markets in the top 50. New York, with six teams, was first in that category; Los Angeles, with five, was second.

Bears, Bulls and Cubs all in top 20 of Forbes most valuable sports teams originally appeared on NBC Sports Chicago