While the National Football League lost $4 billion last season due to the COVID-19 pandemic, plenty of NFL owners likely came out of 2020 feeling good about their financial situation.
Frankly, NFL owners have even more reason to celebrate as of late. The league just signed new TV rights contracts, deals that are worth more than $100 billion in revenue over the next decade. Meanwhile, the NFL is eyeing $100 million annually in negotiations for its data rights.
This all comes ahead of an upcoming season when things are looking up for clubs. Attendance is expected to skyrocket in 2021, with the COVID-19 vaccine allowing far more fans to attend games. On top of that, with the NFL salary cap lowered, many teams have reduced their spending ahead of the upcoming season.
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While the financial fallout of the COVID-19 pandemic will continue to take a toll on millions of Americans, the latest Forbes’ list of the world’s richest team stakeholders highlights NFL owners who had a great year.
Who is the richest NFL owner?
The moment the NFL welcomed David Tepper as the new owner of the Carolina Panthers, Jerry Jones officially lost his seat on the throne. While he remains the most influential team stakeholder in the league, the title of NFL’s richest owner flipped to Tepper.
Carolina’s owner easily led his NFL peers before the pandemic. He had an estimated net worth of $13 billion, far more than the second-richest owner (Jerry Jones, $8.6 billion). Even more impressively, Tepper’s net worth was greater than that of Robert Kraft ($6.6 billion) and Arthur Blank ($6.1 million) combined.
Tepper stands on even higher ground in 2021. Forbes estimates his net worth at $14.5 billion, a stunning 21% increase. He wasn’t shy about donating some of his money this past year, either. He donated more than $20 million to COVID-19 relief, crated $567,000 in scholarships at the University of South Carolina, provided school supplies for 15,000 children.
The 63-year-old should certainly feel great about his own financial situation and is likely even more excited about the direction the Panthers are headed after the Sam Darnold trade.
Here are some of the other richest NFL owners in 2021 (Forbes).
- Dallas Cowboys owner Jerry Jones net worth: $8.9 billion, 11% increase from 2020
- Los Angeles Rams owner Stanley Kroenke: $8.2 billion, 18% decrease
- Jacksonville Jaguars owner Shahid Khan: $8 billion, 3% increase
- Miami Dolphins owner Stephen Ross: $7 billion, 8% decrease
- New England Patriots owner Robert Kraft: $6.9 billion
- Atlanta Falcons owner Arthur Blank: $6.2 billion
The NFL salary cap is expected to rise in 2022, reflecting a revenue boom that is coming back in the league’s direction.
Tepper will likely hang onto his title for a while, that is unless Jeff Bezos ($191.4 billion) finally gets to buy an NFL team.