The Dallas Cowboys, for example, are the world’s most valuable pro sports team, now worth $4.2 billion with a staggering $700 million in revenue last season. Cristiano Ronaldo is the world’s highest-paid athlete, taking home $88 million. Nike is the globe’s top sportswear brand, worth $28 billion and clocking $30 billion in annual revenues. And Creative Artists Agency beats all sports agencies, with a whopping $290 million in maximum commissions.
But what, exactly, makes the Cowboys, Ronaldo, Nike or CAA so successful? What is it that’s driving the impressive numbers on their balance sheets? It’s the business relationships they have throughout the sports ecosystem.
The Cowboys are tremendously successful largely because they field superstar athletes like Dez Bryant and have deals with some of the world’s most valuable brands in Pepsi, Ford, AT&T and Bank of America.
Cristiano Ronaldo is the world's highest-paid athlete, Real Madrid is one of the world's most valuable teams and their relationship is largely responsible for both being among the sports world's most influential figures. (Gerard Julien/AFP/Getty Images)
Nike is able to sell $20 billion worth of shoes annually because it’s directly associated with some of the biggest names in sports – Barcelona, LeBron James and the NFL, to name just a few.
And CAA has built its success upon the sports agency world's most star-studded roster of athletes, boasting a lineup of Eli Manning, Drew Brees, Carmelo Anthony, Chris Paul, Julio Jones and many, many more.
Introducing the FORBES SportsMoney Index, the definitive money ranking in sports. We’ve ranked 430 athletes, agencies, brands and teams, accounting for both their financial power as well as their influential relationships with others in the sports world. To create the SMI, we’ve combined all of FORBES’ SportsMoney annual valuations lists (sports teams, brands, athletes, agencies) and proprietary financial data into a single ranking that reflects their monetary success and how their values affect one another. This is the first time that a cross-category ranking of sports business influence has ever been compiled.
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