Steve Ballmer has a lot of money, You know that because he spent 2 billion dollars a couple of years ago to buy the LA Clippers. How much does he get involved in the day to day business of the Clippers? Not too much.
Malcolm Glazer bought Manchester United in 2003. United has for many years held the title of the world’s most valuable sports franchise. Today that valuation sits at around 2.25 billion dollars. That is nearly half a billion more than the number 2 on that table and yes, more valuable than The LA Dodgers, The Cowboys, The Patriots, The Giants and any other team that you might think should be worth more than a little soccer club in the UK.
How much does the Glazer family (Malcolm no longer walks on planet Earth) or Steve Ballmer affect the brand valuation of their respective teams? Close to zero. Continue reading