Forbes, when not advising old white men how to horde their riches or give tips on finding bargain summer mansions, delves into the realm of sports and checks out the depth of the pockets of the team owners.Hockey may not get a podium spot among North American sports, but it still has plenty of big bank accounts. The NHL counts eight billionaires among its ownership ranks - three more than MLB and just two less than the NBA, which is interesting since the median franchise value for basketball is about 67% higher. It should be noted that the NHL and NBA also share two billionaire owners.
Topping the list is my very own Los Angeles Kings owner Philip Anschutz. , the sports and entertainment maven who also owns the NBA Lakers with Jerry Buss and stakes in seven other teams. With a net worth of $7 billion, Anschutz (through his company AEG), also owns the Lakers and has a piece of seven other pro teams, plus several sports venues - including the Staples Center and the $2.5 billion LA Live complex.
Pittsburgh Penguins owner and food industry magnate Ron Burkle is next. Having bought the team in 1999, he swung a deal that has him paying just $4 million annually over 30 years in financing for the $320 million arena, which he also got Consol Energy to commit to a 21-year naming rights deal in 2008.
Topping the list is my very own Los Angeles Kings owner Philip Anschutz. , the sports and entertainment maven who also owns the NBA Lakers with Jerry Buss and stakes in seven other teams. With a net worth of $7 billion, Anschutz (through his company AEG), also owns the Lakers and has a piece of seven other pro teams, plus several sports venues - including the Staples Center and the $2.5 billion LA Live complex.
Pittsburgh Penguins owner and food industry magnate Ron Burkle is next. Having bought the team in 1999, he swung a deal that has him paying just $4 million annually over 30 years in financing for the $320 million arena, which he also got Consol Energy to commit to a 21-year naming rights deal in 2008.
Philip Falcone leveraged his $2.8 billion fortune in the hedge fund business into ownership of the Minnesota Wild. I'm sure it didn't hurt that his partner Craig Leipold, is a former owner of the Nashville Predators, and is married to billionaire Helen Johnson-Leipold (yes, of Johnson & Johnson money).
Other hockey billionaires are: Colorado’s Stan Kroenke, who also owns the NBA Nuggets; Boston’s Jeremy Jacobs, a sports concession king who’s owned the Bruins since 1975; and Detroit’s Mike Ilitch, the pizza maven who owns the Red Wings and Tigers (and may also add the Pistons to his holdings).
Other hockey billionaires are: Colorado’s Stan Kroenke, who also owns the NBA Nuggets; Boston’s Jeremy Jacobs, a sports concession king who’s owned the Bruins since 1975; and Detroit’s Mike Ilitch, the pizza maven who owns the Red Wings and Tigers (and may also add the Pistons to his holdings).
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