Private brief · 2026-08-27

Franchise Availability Model

A live map of which major-league franchises can be bought — how likely, how soon, and how winnable.

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What can I act on now · 5–10 yr

114 of 114 match · ranked by Opportunity

    01
    NBA+·West

    Seattle (NBA expansion)

    League expansion process

    New supply
    New supply
    Bids 2026 → play ~2028–29
    ~$8.5B fee · Open, league-run process — no incumbent.

    Ranked by Opportunity · top driver: active signal

    EXPANSION — bids 2026, play ~2028-29 (~$7-10B fee)
    $8.5B
    two-for-one ⇄
    High
    as of 2026-06-20
    02
    NBA+·West

    Las Vegas (NBA expansion)

    League expansion process

    New supply
    New supply
    Bids 2026 → play ~2028–29
    ~$8.5B fee · Open, league-run process — no incumbent.

    Ranked by Opportunity · top driver: active signal

    EXPANSION — bids 2026, play ~2028-29 (~$7-10B fee)
    $8.5B
    two-for-one ⇄
    High
    as of 2026-06-20
    03
    NFL·South

    New Orleans Saints

    Gayle Benson

    Open path
    Turnover74
    Opportunity74

    Ranked by Opportunity · top driver: succession

    No direct heirs; trust/estate transition
    $5.8B
    0–5 yr
    two-for-one ⇄
    High
    as of 2026-06-20
    04
    NBA·South

    New Orleans Pelicans

    Gayle Benson

    Open path
    Turnover74
    Opportunity74

    Ranked by Opportunity · top driver: succession

    No direct heirs; trust/estate transition
    $3.8B
    0–5 yr
    two-for-one ⇄
    High
    as of 2026-06-20
    05
    NBA·Midwest

    Indiana Pacers

    Herb Simon (91) — succession unclear

    Open path
    Turnover78
    Opportunity62

    Ranked by Opportunity · top driver: owner age

    Succession UNCERTAIN (co-owner D. Simon d. Mar 2026); Simon 91
    $4.0B
    0–5 yr
    High
    as of 2026-06-20
    06
    NFL·South

    Atlanta Falcons

    Arthur Blank

    Open path
    Turnover64
    Opportunity64

    Ranked by Opportunity · top driver: owner age

    No designated family heir; foundation talk
    $5.7B
    5–10 yr
    Med
    as of 2026-06-20
    07
    MLB·West

    Los Angeles Angels

    Arte Moreno

    Turnover63
    Opportunity50

    Ranked by Opportunity · top driver: owner age

    Moreno 79; explored sale 2022 (pulled Jan 2023), no heir plan
    $2.5B
    5–10 yr
    Med
    as of 2026-06-20
    08
    MLB·Northeast

    Washington Nationals

    Lerner family (Mark Lerner)

    Turnover50
    Opportunity40

    Ranked by Opportunity · top driver: owner age

    Explored sale 2022 then pulled
    $2.0B
    5–10 yr
    Med
    as of 2026-06-20
    09
    NHL·West

    San Jose Sharks

    Hasso Plattner

    Turnover61
    Opportunity49

    Ranked by Opportunity · top driver: owner age

    Aged sole-ish owner; small market
    $1.5B
    5–10 yr
    Med
    as of 2026-06-20
    10
    NHL·West

    Los Angeles Kings

    AEG / Philip Anschutz

    Turnover53
    Opportunity42

    Ranked by Opportunity · top driver: owner age

    Corporate (AEG); aged principal
    $3.0B
    5–10 yr
    Med
    as of 2026-06-20
    11
    MLB·South

    Texas Rangers

    Ray Davis

    Turnover53
    Opportunity42

    Ranked by Opportunity · top driver: owner age

    Davis-led group
    $2.2B
    5–10 yr
    LP entry
    Med
    as of 2026-06-20
    12
    MLB·West

    Arizona Diamondbacks

    Ken Kendrick

    Turnover53
    Opportunity42

    Ranked by Opportunity · top driver: owner age

    Kendrick-led group
    $1.9B
    5–10 yr
    Med
    as of 2026-06-20
    13
    MLB·Midwest

    Cincinnati Reds

    Castellini family (Bob Castellini)

    Turnover53
    Opportunity42

    Ranked by Opportunity · top driver: owner age

    Castellini 84; son Phil presumed heir (2026 transition UNCONFIRMED)
    $1.5B
    5–10 yr
    Med
    as of 2026-06-20
    14
    MLB·South

    Miami Marlins

    Bruce Sherman

    Turnover51
    Opportunity41

    Ranked by Opportunity · top driver: owner age

    Jeter group dissolved; small market
    $1.4B
    5–10 yr
    Med
    as of 2026-06-20
    15
    NHL·West

    Vegas Golden Knights

    Bill Foley

    Turnover50
    Opportunity40

    Ranked by Opportunity · top driver: owner age

    Foley-led group
    $1.9B
    5–10 yr
    Med
    as of 2026-06-20
    16
    MLB·Midwest

    St. Louis Cardinals

    DeWitt family (Bill DeWitt Jr.)

    Turnover46
    Opportunity37

    Ranked by Opportunity · top driver: owner age

    Son Bill DeWitt III succession
    $2.9B
    10–15 yr
    LP entry
    Med
    as of 2026-06-20
    17
    NHL·Midwest

    Minnesota Wild

    Craig Leipold

    Turnover46
    Opportunity37

    Ranked by Opportunity · top driver: owner age

    Leipold group
    $1.9B
    10–15 yr
    two-for-one ⇄
    Med
    as of 2026-06-20
    18
    NFL·South

    Miami Dolphins

    Stephen Ross (86) — no single clear heir

    Turnover59
    Opportunity35

    Ranked by Opportunity · top driver: owner age

    Ross 86; intends family retention but heir UNSETTLED; active LP seller
    $8.1B
    5–10 yr
    LP entryLP layer only
    High
    as of 2026-06-20
    19
    MLB·West

    San Francisco Giants

    Charles Johnson (93) / Greg Johnson control

    Turnover53
    Opportunity32

    Ranked by Opportunity · top driver: owner age

    Charles Johnson 93 (largest shareholder); Greg Johnson control person
    $4.2B
    5–10 yr
    LP entry
    Med
    as of 2026-06-20
    20
    NFL·West

    Los Angeles Chargers

    Dean Spanos

    Turnover52
    Opportunity31

    Ranked by Opportunity · top driver: owner age

    Family control dispute (Spanos siblings)
    $4.9B
    5–10 yr
    LP entry
    Med
    as of 2026-06-20
    21
    NHL·Canada

    Calgary Flames

    Murray Edwards group

    Turnover46
    Opportunity28

    Ranked by Opportunity · top driver: owner age

    Edwards-led group; new arena
    $1.9B
    10–15 yr
    Med
    as of 2026-06-20
    22
    NHL·West

    Seattle Kraken

    Bonderman estate / group

    Turnover41
    Opportunity25

    Ranked by Opportunity · top driver: succession

    D. Bonderman d.2024 — estate piece
    $1.6B
    10–15 yr
    Med
    as of 2026-06-20
    23
    MLB·South

    Atlanta Braves

    Atlanta Braves Holdings (public co.)

    Turnover30
    Opportunity24

    Ranked by Opportunity · top driver: succession

    PUBLICLY TRADED — acquirable via market
    $3.0B
    Beyond / unlikely
    High
    as of 2026-06-20
    24
    NHL·Northeast

    Buffalo Sabres

    Terry Pegula

    Turnover39
    Opportunity23

    Ranked by Opportunity · top driver: owner age

    Pegula (same as Bills)
    $1.4B
    10–15 yr
    two-for-one ⇄
    Med
    as of 2026-06-20
    25
    NBA·Midwest

    Chicago Bulls

    Jerry Reinsdorf

    Will sell — not to you
    Turnover63
    Opportunity25

    Ranked by Opportunity · top driver: owner age

    Heirs advised to KEEP Bulls (sell White Sox)
    $5.8B
    5–10 yr
    two-for-one ⇄
    Med
    as of 2026-06-20
    26
    NFL·Midwest

    Cincinnati Bengals

    Mike Brown

    Turnover51
    Opportunity20

    Ranked by Opportunity · top driver: owner age

    Daughter Katie Blackburn + grandchildren
    $5.3B
    5–10 yr
    Med
    as of 2026-06-20
    27
    NFL·Northeast

    New York Jets

    Woody Johnson

    Turnover45
    Opportunity18

    Ranked by Opportunity · top driver: owner age

    J&J heir; brother Christopher co-owns
    $6.9B
    10–15 yr
    Med
    as of 2026-06-20
    28
    NBA·South

    Miami Heat

    Micky Arison

    Turnover45
    Opportunity18

    Ranked by Opportunity · top driver: owner age

    Son Nick Arison involved
    $5.1B
    10–15 yr
    Med
    as of 2026-06-20
    29
    NHL·Midwest

    Detroit Red Wings

    Marian Ilitch (93); Chris Ilitch runs ops

    Turnover44
    Opportunity18

    Ranked by Opportunity · top driver: owner age

    Ilitch dynasty
    $2.5B
    10–15 yr
    two-for-one ⇄
    Low
    as of 2026-06-20
    30
    MLB·Midwest

    Detroit Tigers

    Marian Ilitch (93); Chris Ilitch runs ops

    Turnover44
    Opportunity18

    Ranked by Opportunity · top driver: owner age

    Ilitch dynasty (also Red Wings)
    $1.7B
    10–15 yr
    two-for-one ⇄
    Low
    as of 2026-06-20
    31
    NFL·South

    Tennessee Titans

    Amy Adams Strunk

    Turnover43
    Opportunity17

    Ranked by Opportunity · top driver: owner age

    Adams family (inherited 2015)
    $5.4B
    10–15 yr
    Med
    as of 2026-06-20
    32
    NFL·Northeast

    Philadelphia Eagles

    Jeffrey Lurie

    Turnover50
    Opportunity20

    Ranked by Opportunity · top driver: owner age

    Stable — Lurie sold minority stakes 2025
    $8.3B
    5–10 yr
    LP entryLP layer only
    Med
    as of 2026-06-20
    33
    NFL·Midwest

    Cleveland Browns

    Jimmy Haslam

    Turnover39
    Opportunity16

    Ranked by Opportunity · top driver: owner age

    Haslam Sports Group
    $5.1B
    10–15 yr
    Med
    as of 2026-06-20
    34
    NFL·South

    Jacksonville Jaguars

    Shad Khan

    Turnover39
    Opportunity16

    Ranked by Opportunity · top driver: owner age

    Son Tony Khan involved
    $5.0B
    10–15 yr
    Med
    as of 2026-06-20
    35
    NBA·West

    Sacramento Kings

    Vivek Ranadive

    Turnover39
    Opportunity16

    Ranked by Opportunity · top driver: owner age

    Bought 2013
    $4.4B
    10–15 yr
    Med
    as of 2026-06-20
    36
    NBA·Midwest

    Milwaukee Bucks

    Haslam & Edens (Lasry sold 2023)

    Turnover39
    Opportunity16

    Ranked by Opportunity · top driver: owner age

    Partner turnover; small market
    $4.0B
    10–15 yr
    Med
    as of 2026-06-20
    37
    MLB·Midwest

    Milwaukee Brewers

    Mark Attanasio

    Turnover39
    Opportunity16

    Ranked by Opportunity · top driver: owner age

    Small market
    $2.3B
    10–15 yr
    LP entryLP layer only
    Med
    as of 2026-06-20
    38
    NHL·Midwest

    Columbus Blue Jackets

    John P. McConnell

    Turnover39
    Opportunity16

    Ranked by Opportunity · top driver: owner age

    McConnell
    $1.3B
    10–15 yr
    Med
    as of 2026-06-20
    39
    NBA·South

    Houston Rockets

    Tilman Fertitta

    Turnover38
    Opportunity15

    Ranked by Opportunity · top driver: owner age

    Bought 2017
    $4.9B
    10–15 yr
    Low
    as of 2026-06-20
    40
    NBA·Midwest

    Cleveland Cavaliers

    Dan Gilbert

    Turnover38
    Opportunity15

    Ranked by Opportunity · top driver: owner age

    Health history (stroke 2019)
    $4.6B
    10–15 yr
    Med
    as of 2026-06-20
    41
    NBA·South

    Oklahoma City Thunder

    Clay Bennett group

    Turnover38
    Opportunity15

    Ranked by Opportunity · top driver: owner age

    Professional Basketball Club LLC
    $4.6B
    10–15 yr
    Med
    as of 2026-06-20
    42
    NBA·South

    San Antonio Spurs

    Holt family + Sixth Street group

    Turnover38
    Opportunity15

    Ranked by Opportunity · top driver: owner age

    Peter J. Holt manages
    $4.5B
    10–15 yr
    Med
    as of 2026-06-20
    43
    NBA·South

    Atlanta Hawks

    Tony Ressler

    Turnover38
    Opportunity15

    Ranked by Opportunity · top driver: owner age

    Ressler-led group
    $4.3B
    10–15 yr
    Med
    as of 2026-06-20
    44
    MLB·West

    Seattle Mariners

    John Stanton group

    Turnover38
    Opportunity15

    Ranked by Opportunity · top driver: owner age

    Large investor group
    $2.2B
    10–15 yr
    Med
    as of 2026-06-20
    45
    NHL·Northeast

    New York Islanders

    Malkin / Ledecky

    Turnover38
    Opportunity15

    Ranked by Opportunity · top driver: owner age

    Co-owners
    $1.8B
    10–15 yr
    Med
    as of 2026-06-20
    46
    NHL·Midwest

    St. Louis Blues

    Tom Stillman group

    Turnover38
    Opportunity15

    Ranked by Opportunity · top driver: owner age

    Stillman-led group
    $1.5B
    10–15 yr
    Med
    as of 2026-06-20
    47
    NFL·West

    Los Angeles Rams

    Stan Kroenke

    Turnover36
    Opportunity14

    Ranked by Opportunity · top driver: owner age

    Succession to son Josh (KSE)
    $8.0B
    10–15 yr
    two-for-one ⇄
    Med
    as of 2026-06-20
    48
    MLB·Northeast

    Boston Red Sox

    FSG / John Henry

    Turnover36
    Opportunity14

    Ranked by Opportunity · top driver: owner age

    Fenway Sports Group
    $6.0B
    10–15 yr
    LP entryLP layer only
    Low
    as of 2026-06-20
    49
    NFL·Midwest

    Minnesota Vikings

    Wilf family (Zygi Wilf)

    Turnover36
    Opportunity14

    Ranked by Opportunity · top driver: owner age

    Wilf family
    $5.4B
    10–15 yr
    Med
    as of 2026-06-20
    50
    NBA·West

    Denver Nuggets

    Kroenke (Stan -> Josh)

    Turnover36
    Opportunity14

    Ranked by Opportunity · top driver: owner age

    KSE succession to Josh
    $4.4B
    10–15 yr
    two-for-one ⇄
    Low
    as of 2026-06-20
    51
    NHL·Northeast

    Boston Bruins

    Jacobs family (Charlie Jacobs)

    Turnover34
    Opportunity14

    Ranked by Opportunity · top driver: owner age

    Succession to Charlie (Jeremy ~86)
    $3.0B
    Beyond / unlikely
    Low
    as of 2026-06-20
    52
    NHL·West

    Colorado Avalanche

    Kroenke (KSE)

    Turnover36
    Opportunity14

    Ranked by Opportunity · top driver: owner age

    KSE succession to Josh
    $2.4B
    10–15 yr
    two-for-one ⇄
    Low
    as of 2026-06-20
    53
    NBA·West

    Golden State Warriors

    Joe Lacob

    Turnover31
    Opportunity12

    Ranked by Opportunity · top driver: owner age

    Lacob/Guber group
    $11.3B
    Beyond / unlikely
    Low
    as of 2026-06-20
    54
    NBA·Northeast

    New York Knicks

    James Dolan (MSG)

    Turnover31
    Opportunity12

    Ranked by Opportunity · top driver: owner age

    Dolan family / MSG
    $9.8B
    Beyond / unlikely
    Low
    as of 2026-06-20
    55
    NFL·Northeast

    Baltimore Ravens

    Steve Bisciotti

    Turnover29
    Opportunity12

    Ranked by Opportunity · top driver: owner age

    Bisciotti family
    $6.5B
    Beyond / unlikely
    Low
    as of 2026-06-20
    56
    NFL·South

    Tampa Bay Buccaneers

    Glazer family

    Turnover29
    Opportunity12

    Ranked by Opportunity · top driver: owner age

    Glazer heirs (Malcolm d. 2014)
    $6.0B
    Beyond / unlikely
    Low
    as of 2026-06-20
    57
    NFL·West

    Arizona Cardinals

    Michael Bidwill

    Turnover29
    Opportunity12

    Ranked by Opportunity · top driver: recency

    Bidwill family (since 1933)
    $5.2B
    Beyond / unlikely
    Low
    as of 2026-06-20
    58
    NBA·Northeast

    Washington Wizards

    Ted Leonsis (Monumental)

    Turnover29
    Opportunity12

    Ranked by Opportunity · top driver: owner age

    Monumental SE
    $4.5B
    Beyond / unlikely
    Low
    as of 2026-06-20
    59
    NBA·South

    Orlando Magic

    DeVos family

    Turnover29
    Opportunity12

    Ranked by Opportunity · top driver: owner age

    RDV / DeVos dynasty
    $4.3B
    Beyond / unlikely
    Low
    as of 2026-06-20
    60
    NHL·Northeast

    New York Rangers

    MSG / Dolan

    Turnover31
    Opportunity12

    Ranked by Opportunity · top driver: owner age

    Dolan/MSG
    $3.6B
    Beyond / unlikely
    Low
    as of 2026-06-20
    61
    MLB·Northeast

    Philadelphia Phillies

    John Middleton

    Turnover29
    Opportunity12

    Ranked by Opportunity · top driver: owner age

    Middleton family
    $3.4B
    Beyond / unlikely
    Low
    as of 2026-06-20
    62
    NHL·Canada

    Edmonton Oilers

    Daryl Katz

    Turnover29
    Opportunity12

    Ranked by Opportunity · top driver: owner age

    Katz Group
    $3.1B
    Beyond / unlikely
    Low
    as of 2026-06-20
    63
    NHL·Northeast

    Washington Capitals

    Ted Leonsis (Monumental)

    Turnover29
    Opportunity12

    Ranked by Opportunity · top driver: owner age

    Monumental
    $2.5B
    Beyond / unlikely
    Low
    as of 2026-06-20
    64
    MLB·South

    Houston Astros

    Jim Crane

    Turnover29
    Opportunity12

    Ranked by Opportunity · top driver: owner age

    Bought 2011
    $2.4B
    Beyond / unlikely
    Low
    as of 2026-06-20
    65
    NHL·South

    Florida Panthers

    Vincent Viola

    Turnover29
    Opportunity12

    Ranked by Opportunity · top driver: owner age

    Viola; back-to-back Cups
    $1.9B
    Beyond / unlikely
    Low
    as of 2026-06-20
    66
    MLB·Midwest

    Cleveland Guardians

    Dolan family (Paul Dolan)

    Turnover30
    Opportunity12

    Ranked by Opportunity · top driver: owner age

    Small market
    $1.6B
    Beyond / unlikely
    Med
    as of 2026-06-20
    67
    NHL·Canada

    Vancouver Canucks

    Aquilini family

    Turnover29
    Opportunity12

    Ranked by Opportunity · top driver: owner age

    Aquilini family
    $1.6B
    Beyond / unlikely
    Low
    as of 2026-06-20
    68
    MLB·Northeast

    Pittsburgh Pirates

    Bob Nutting

    Turnover30
    Opportunity12

    Ranked by Opportunity · top driver: owner age

    Fan pressure but won't sell
    $1.6B
    Beyond / unlikely
    Low
    as of 2026-06-20
    69
    MLB·West

    Colorado Rockies

    Monfort family (Dick Monfort)

    Turnover29
    Opportunity12

    Ranked by Opportunity · top driver: owner age

    Monfort family
    $1.5B
    Beyond / unlikely
    Low
    as of 2026-06-20
    70
    NHL·West

    Anaheim Ducks

    Henry Samueli

    Turnover29
    Opportunity12

    Ranked by Opportunity · top driver: owner age

    Samueli family
    $1.5B
    Beyond / unlikely
    Low
    as of 2026-06-20
    71
    NHL·Canada

    Winnipeg Jets

    True North / Chipman + Thomson

    Turnover30
    Opportunity12

    Ranked by Opportunity · top driver: owner age

    Thomson backing
    $1.3B
    Beyond / unlikely
    Low
    as of 2026-06-20
    72
    MLB·—

    Oakland/Las Vegas Athletics

    John Fisher

    Turnover31
    Opportunity12

    Ranked by Opportunity · top driver: owner age

    Relocating to Las Vegas
    —
    Beyond / unlikely
    Low
    as of 2026-06-20
    73
    NBA·—

    Los Angeles Clippers

    Steve Ballmer

    Turnover29
    Opportunity12

    Ranked by Opportunity · top driver: owner age

    Ultra-wealthy; new arena
    —
    Beyond / unlikely
    Low
    as of 2026-06-20
    74
    NFL·Midwest

    Indianapolis Colts

    Irsay daughters (Carlie Irsay-Gordon +2)

    Turnover28
    Opportunity11

    Ranked by Opportunity · top driver: succession

    Just transitioned (Jim Irsay d. 2025)
    $5.4B
    Beyond / unlikely
    Med
    as of 2026-06-20
    75
    NFL·South

    Carolina Panthers

    David Tepper

    Turnover28
    Opportunity11

    Ranked by Opportunity · top driver: owner age

    Bought 2018
    $5.2B
    Beyond / unlikely
    Low
    as of 2026-06-20
    76
    MLB·Midwest

    Kansas City Royals

    John Sherman

    Turnover28
    Opportunity11

    Ranked by Opportunity · top driver: owner age

    Bought 2019; stadium push
    $1.8B
    Beyond / unlikely
    LP entryLP layer only
    Low
    as of 2026-06-20
    77
    NFL·South

    Dallas Cowboys

    Jerry Jones

    Turnover49
    Opportunity10

    Ranked by Opportunity · top driver: owner age

    Kids (Stephen, Charlotte) embedded
    $12.8B
    10–15 yr
    Med
    as of 2026-06-20
    78
    NFL·Midwest

    Kansas City Chiefs

    Clark Hunt

    Turnover24
    Opportunity10

    Ranked by Opportunity · top driver: recency

    Hunt family
    $5.8B
    Beyond / unlikely
    Low
    as of 2026-06-20
    79
    NBA·Midwest

    Detroit Pistons

    Tom Gores

    Turnover24
    Opportunity10

    Ranked by Opportunity · top driver: owner age

    Bought 2011
    $4.3B
    Beyond / unlikely
    Low
    as of 2026-06-20
    80
    NHL·Canada

    Montreal Canadiens

    Molson family

    Turnover24
    Opportunity10

    Ranked by Opportunity · top driver: recency

    Molson dynasty
    $3.3B
    Beyond / unlikely
    Low
    as of 2026-06-20
    81
    MLB·Northeast

    New York Mets

    Steve Cohen

    Turnover26
    Opportunity10

    Ranked by Opportunity · top driver: owner age

    Bought 2020
    $3.0B
    Beyond / unlikely
    Low
    as of 2026-06-20
    82
    MLB·Northeast

    Baltimore Orioles

    David Rubenstein

    Turnover24
    Opportunity10

    Ranked by Opportunity · top driver: owner age

    Bought 2024
    $1.9B
    Beyond / unlikely
    Low
    as of 2026-06-20
    83
    NHL·South

    Nashville Predators

    Bill Haslam (2025 majority)

    Turnover26
    Opportunity10

    Ranked by Opportunity · top driver: owner age

    Bill Haslam majority (2025); Saban minority
    $1.8B
    Beyond / unlikely
    LP entryLP layer only
    Med
    as of 2026-06-20
    84
    NHL·Midwest

    Chicago Blackhawks

    Wirtz family (Danny Wirtz)

    Turnover26
    Opportunity10

    Ranked by Opportunity · top driver: recency

    Rocky Wirtz d.2023 -> Danny
    —
    Beyond / unlikely
    Low
    as of 2026-06-20
    85
    NFL·Northeast

    New England Patriots

    Robert Kraft

    Turnover46
    Opportunity9

    Ranked by Opportunity · top driver: owner age

    Son Jonathan Kraft clear heir
    $9.0B
    10–15 yr
    LP entryLP layer only
    Med
    as of 2026-06-20
    86
    MLB·West

    Los Angeles Dodgers

    Mark Walter / Guggenheim

    Turnover19
    Opportunity8

    Ranked by Opportunity · top driver: owner age

    Stable; winning
    $9.1B
    Beyond / unlikely
    Low
    as of 2026-06-20
    87
    NFL·West

    San Francisco 49ers

    Jed York (DeBartolo-York)

    Turnover21
    Opportunity8

    Ranked by Opportunity · top driver: owner age

    York family dynasty
    $8.6B
    Beyond / unlikely
    LP entryLP layer only
    Low
    as of 2026-06-20
    88
    MLB·Midwest

    Chicago Cubs

    Ricketts family

    Turnover21
    Opportunity8

    Ranked by Opportunity · top driver: owner age

    Ricketts family
    $5.7B
    Beyond / unlikely
    LP entryLP layer only
    Low
    as of 2026-06-20
    89
    NFL·South

    Houston Texans

    Cal McNair

    Turnover21
    Opportunity8

    Ranked by Opportunity · top driver: owner age

    Succession completed 2024
    $5.5B
    Beyond / unlikely
    Low
    as of 2026-06-20
    90
    NFL·Midwest

    Detroit Lions

    Sheila Ford Hamp

    Turnover41
    Opportunity8

    Ranked by Opportunity · top driver: owner age

    Ford family dynasty (since 1963)
    $5.0B
    10–15 yr
    Low
    as of 2026-06-20
    91
    NBA·Northeast

    Philadelphia 76ers

    Harris / Blitzer (HBSE)

    Turnover21
    Opportunity8

    Ranked by Opportunity · top driver: owner age

    HBSE
    $5.0B
    Beyond / unlikely
    Low
    as of 2026-06-20
    92
    NBA·Northeast

    Brooklyn Nets

    Joe Tsai

    Turnover19
    Opportunity8

    Ranked by Opportunity · top driver: owner age

    Bought 2019
    $5.0B
    Beyond / unlikely
    Low
    as of 2026-06-20
    93
    NBA·South

    Dallas Mavericks

    Adelson / Dumont family

    Turnover20
    Opportunity8

    Ranked by Opportunity · top driver: owner age

    Bought 2023
    $4.7B
    Beyond / unlikely
    Low
    as of 2026-06-20
    94
    NBA·South

    Charlotte Hornets

    Plotkin / Schnall group

    Turnover19
    Opportunity8

    Ranked by Opportunity · top driver: owner age

    Bought 2023
    $4.0B
    Beyond / unlikely
    Low
    as of 2026-06-20
    95
    NHL·Northeast

    New Jersey Devils

    Harris / Blitzer (HBSE)

    Turnover21
    Opportunity8

    Ranked by Opportunity · top driver: owner age

    HBSE
    $1.9B
    Beyond / unlikely
    Low
    as of 2026-06-20
    96
    NHL·South

    Dallas Stars

    Tom Gaglardi

    Turnover21
    Opportunity8

    Ranked by Opportunity · top driver: owner age

    Gaglardi
    $1.9B
    Beyond / unlikely
    Low
    as of 2026-06-20
    97
    NHL·Canada

    Ottawa Senators

    Michael Andlauer

    Turnover19
    Opportunity8

    Ranked by Opportunity · top driver: owner age

    Bought 2023
    $1.3B
    Beyond / unlikely
    LP entryLP layer only
    Low
    as of 2026-06-20
    98
    NFL·Northeast

    New York Giants

    Mara & Tisch families

    Turnover34
    Opportunity7

    Ranked by Opportunity · top driver: owner age

    Dual-family dynasty (since 1925)
    $10.5B
    Beyond / unlikely
    LP entryLP layer only
    Low
    as of 2026-06-20
    99
    NFL·Northeast

    Pittsburgh Steelers

    Rooney family (Art Rooney II)

    Turnover34
    Opportunity7

    Ranked by Opportunity · top driver: owner age

    Rooney dynasty (since 1933)
    $5.5B
    Beyond / unlikely
    Low
    as of 2026-06-20
    100
    NFL·Midwest

    Chicago Bears

    McCaskey family (George McCaskey)

    Turnover28
    Opportunity6

    Ranked by Opportunity · top driver: recency

    Dynasty; V. McCaskey d. 2025
    $6.4B
    Beyond / unlikely
    LP entryLP layer only
    Low
    as of 2026-06-20
    101
    NFL·West

    Denver Broncos

    Walton-Penner group (Rob Walton)

    Turnover16
    Opportunity6

    Ranked by Opportunity · top driver: owner age

    Bought 2022
    $6.3B
    Beyond / unlikely
    Low
    as of 2026-06-20
    102
    NFL·Northeast

    Washington Commanders

    Josh Harris group

    Turnover16
    Opportunity6

    Ranked by Opportunity · top driver: owner age

    Bought 2023
    $6.3B
    Beyond / unlikely
    Low
    as of 2026-06-20
    103
    NBA·South

    Memphis Grizzlies

    Robert Pera

    Turnover16
    Opportunity6

    Ranked by Opportunity · top driver: succession

    Bought 2012
    $4.0B
    Beyond / unlikely
    Low
    as of 2026-06-20
    104
    NHL·South

    Carolina Hurricanes

    Tom Dundon

    Turnover14
    Opportunity6

    Ranked by Opportunity · top driver: succession

    Bought 2018
    $1.9B
    Beyond / unlikely
    LP entryLP layer only
    Low
    as of 2026-06-20
    105
    NHL·South

    Tampa Bay Lightning

    Ostrover/Lipschultz (control ~2027); Vinik alt-gov

    Turnover16
    Opportunity6

    Ranked by Opportunity · top driver: owner age

    Control transition underway (Vinik -> Ostrover ~2027)
    $1.8B
    Beyond / unlikely
    Low
    as of 2026-06-20
    106
    MLB·Northeast

    New York Yankees

    Steinbrenner family (Hal)

    Turnover26
    Opportunity5

    Ranked by Opportunity · top driver: recency

    Steinbrenner dynasty (since 1973)
    $9.4B
    Beyond / unlikely
    Low
    as of 2026-06-20
    107
    NBA·West

    Phoenix Suns

    Mat Ishbia

    Turnover11
    Opportunity4

    Ranked by Opportunity · top driver: succession

    Bought 2023
    $4.8B
    Beyond / unlikely
    Low
    as of 2026-06-20
    108
    NBA·Canada

    Toronto Raptors

    Rogers (MLSE)

    Turnover9
    Opportunity4

    Ranked by Opportunity · top driver: succession

    Rogers consolidated control
    $4.4B
    Beyond / unlikely
    Low
    as of 2026-06-20
    109
    NHL·Canada

    Toronto Maple Leafs

    Rogers / MLSE

    Turnover11
    Opportunity4

    Ranked by Opportunity · top driver: succession

    Corporate
    $4.3B
    Beyond / unlikely
    Low
    as of 2026-06-20
    110
    NBA·West

    Utah Jazz

    Ryan Smith (SEG)

    Turnover9
    Opportunity4

    Ranked by Opportunity · top driver: succession

    Bought 2020
    $4.0B
    Beyond / unlikely
    Low
    as of 2026-06-20
    111
    NHL·Northeast

    Philadelphia Flyers

    Comcast Spectacor

    Turnover11
    Opportunity4

    Ranked by Opportunity · top driver: succession

    Corporate
    $2.6B
    Beyond / unlikely
    Low
    as of 2026-06-20
    112
    MLB·Canada

    Toronto Blue Jays

    Rogers Communications

    Turnover11
    Opportunity4

    Ranked by Opportunity · top driver: succession

    Corporate strategic asset
    $2.1B
    Beyond / unlikely
    Low
    as of 2026-06-20
    113
    NHL·West

    Utah Mammoth

    Ryan Smith (SEG)

    Turnover9
    Opportunity4

    Ranked by Opportunity · top driver: succession

    New franchise 2024
    $1.6B
    Beyond / unlikely
    Low
    as of 2026-06-20
    114
    NFL·Midwest

    Green Bay Packers

    Publicly/community owned

    Turnover10
    Opportunity2

    Ranked by Opportunity · top driver: recency

    NOT AVAILABLE — community owned
    $5.6B
    Beyond / unlikely
    High
    as of 2026-06-20
Held out of the ranking

Recently closed

NBA · sold

Boston Celtics

SOLD 2025 — Bill Chisholm group ($6.1B)

Entry openness 2/5 · as of 2026-08-27

NFL · sold

Seattle Seahawks

SOLD 2026 — Khosla group ($9.612B, NFL record)

Entry openness 2/5 · as of 2026-08-26

MLB · sold

San Diego Padres

SOLD 2026 — Feliciano/Jones ($3.9B, MLB record)

Entry openness 2/5 · as of 2026-08-25

NBA · sold

Minnesota Timberwolves

SOLD 2026 — Stad controlling stake ($4.5B)

Entry openness 2/5 · as of 2026-08-21

NBA · sold

Los Angeles Lakers

SOLD 2026 — Kushner/Iger ($12.5B, all-time record)

Entry openness 2/5 · as of 2026-08-12

NFL · sold

Buffalo Bills

Succession to daughter Laura; sold ~20% minority

Entry openness 4/5 · as of 2026-06-20

Spotlight

Live now

New supply

Seattle (NBA expansion)

EXPANSION — bids 2026, play ~2028-29 (~$7-10B fee)

Open, league-run process; no incumbent. ~$7-10B fee, play ~2028-29. Move: assemble a league-credible group and engage the NBA's advisor (PJT Partners).

via NBA process (advisor: PJT Partners)

New supply

Las Vegas (NBA expansion)

EXPANSION — bids 2026, play ~2028-29 (~$7-10B fee)

Open, league-run process; no incumbent. ~$7-10B fee, play ~2028-29. Multiple groups expected. Move: assemble a league-credible group early.

via NBA process (advisor: PJT Partners)

Reference

The Dossier

Last updated 2026-08-27·Strategic estimate, not investment advice.

Strategic estimate for exploratory purposes only — not investment advice, not an offer, and not affiliated with or endorsed by any league or team. Ownership facts move quickly; verify before acting.