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.

126 franchises tracked·9 currently open·0 live processes

5–10 yr · Live game
Your answer · Live game · 5–10 yr

Over the next 5–10 years, 114 franchises come within reach with no budget limit — 114 for control.

Door opens soonest

Seattle (NBA expansion)

0–5 yr · Control now · $8.5B
90% by yr 10
Best odds for you

Las Vegas (NBA expansion)

0–5 yr · Control now · $8.5B
90% by yr 10
Best value

San Jose Sharks

5–10 yr · Control later · $1.5B
79% by yr 10
Your next move · 3–7 yr

Las Vegas (NBA expansion): Ride the expansion equity re-rate; use the seat to angle for NBA Europe in the 2027 wave.

What can I act on now · 5–10 yr

114 of 126 franchises · ranked by Opportunity

⌕
    NBA+·West

    01Seattle (NBA expansion)

    League expansion process

    Bids 2026 → play ~2028–29
    Entry fee
    ~$8.5B
    Process
    League-run, open bid
    Incumbent
    None — nobody to persuade
    90% chance by year 10

    Ranked by Opportunity · top driver: active signal

    Expansion

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

    $8.5B
    Control now
    two-for-one ⇄
    High
    as of 2026-06-20
    NBA+·West

    02Las Vegas (NBA expansion)

    League expansion process

    Bids 2026 → play ~2028–29
    Entry fee
    ~$8.5B
    Process
    League-run, open bid
    Incumbent
    None — nobody to persuade
    90% chance by year 10

    Ranked by Opportunity · top driver: active signal

    Expansion

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

    $8.5B
    Control now
    two-for-one ⇄
    High
    as of 2026-06-20
    NFL·South

    03New Orleans Saints

    Gayle Benson

    Open path
    Turnover74
    Opportunity74
    87% chance by year 10

    Ranked by Opportunity · top driver: succession

    No heir

    No direct heirs; trust/estate transition

    $5.8B
    0–5 yrControl now
    two-for-one ⇄
    High
    as of 2026-06-20
    NBA·South

    04New Orleans Pelicans

    Gayle Benson

    Open path
    Turnover74
    Opportunity74
    87% chance by year 10

    Ranked by Opportunity · top driver: succession

    No heir

    No direct heirs; trust/estate transition

    $3.8B
    0–5 yrControl now
    two-for-one ⇄
    High
    as of 2026-06-20
    NBA·Midwest

    05Indiana Pacers

    Herb Simon (91) — succession unclear

    Open path
    Turnover78
    Opportunity62
    87% chance by year 10

    Ranked by Opportunity · top driver: owner age

    No heir

    Succession UNCERTAIN (co-owner D. Simon d. Mar 2026); Simon 91

    $4.0B
    0–5 yrControl now
    High
    as of 2026-06-20
    NFL·South

    06Atlanta Falcons

    Arthur Blank

    Open path
    Turnover64
    Opportunity64
    83% chance by year 10

    Ranked by Opportunity · top driver: owner age

    Stable

    No designated family heir; foundation talk

    $5.7B
    5–10 yrControl later
    Med
    as of 2026-06-20
    MLB·West

    07Los Angeles Angels

    Arte Moreno

    Turnover63
    Opportunity50
    81% chance by year 10

    Ranked by Opportunity · top driver: owner age

    No heir

    Moreno 79; explored sale 2022 (pulled Jan 2023), no heir plan

    $2.5B
    5–10 yrControl later
    Med
    as of 2026-06-20
    MLB·Northeast

    08Washington Nationals

    Lerner family (Mark Lerner)

    Turnover50
    Opportunity40
    72% chance by year 10

    Ranked by Opportunity · top driver: owner age

    Explored

    Explored sale 2022 then pulled

    $2.0B
    5–10 yrControl later
    Med
    as of 2026-06-20
    NHL·West

    09San Jose Sharks

    Hasso Plattner

    Turnover61
    Opportunity49
    79% chance by year 10

    Ranked by Opportunity · top driver: owner age

    Stable

    Aged sole-ish owner; small market

    $1.5B
    5–10 yrControl later
    Med
    as of 2026-06-20
    NHL·West

    10Los Angeles Kings

    AEG / Philip Anschutz

    Turnover53
    Opportunity42
    74% chance by year 10

    Ranked by Opportunity · top driver: owner age

    Stable

    Corporate (AEG); aged principal

    $3.0B
    5–10 yrControl later
    Med
    as of 2026-06-20
    MLB·South

    11Texas Rangers

    Ray Davis

    Turnover53
    Opportunity42
    74% chance by year 10

    Ranked by Opportunity · top driver: owner age

    Stable

    Davis-led group

    $2.2B
    5–10 yrControl later
    LP entry
    Med
    as of 2026-06-20
    MLB·West

    12Arizona Diamondbacks

    Ken Kendrick

    Turnover53
    Opportunity42
    74% chance by year 10

    Ranked by Opportunity · top driver: owner age

    Stable

    Kendrick-led group

    $1.9B
    5–10 yrControl later
    Med
    as of 2026-06-20
    MLB·Midwest

    13Cincinnati Reds

    Castellini family (Bob Castellini)

    Turnover53
    Opportunity42
    74% chance by year 10

    Ranked by Opportunity · top driver: owner age

    Stable

    Castellini 84; son Phil presumed heir (2026 transition UNCONFIRMED)

    $1.5B
    5–10 yrControl later
    Med
    as of 2026-06-20
    MLB·South

    14Miami Marlins

    Bruce Sherman

    Turnover51
    Opportunity41
    73% chance by year 10

    Ranked by Opportunity · top driver: owner age

    Stable

    Jeter group dissolved; small market

    $1.4B
    5–10 yrControl later
    Med
    as of 2026-06-20
    NHL·West

    15Vegas Golden Knights

    Bill Foley

    Turnover50
    Opportunity40
    72% chance by year 10

    Ranked by Opportunity · top driver: owner age

    Stable

    Foley-led group

    $1.9B
    5–10 yrControl later
    Med
    as of 2026-06-20
    MLB·Midwest

    16St. Louis Cardinals

    DeWitt family (Bill DeWitt Jr.)

    Turnover46
    Opportunity37
    69% chance by year 10

    Ranked by Opportunity · top driver: owner age

    Stable

    Son Bill DeWitt III succession

    $2.9B
    10–15 yrControl later
    LP entry
    Med
    as of 2026-06-20
    NHL·Midwest

    17Minnesota Wild

    Craig Leipold

    Turnover46
    Opportunity37
    69% chance by year 10

    Ranked by Opportunity · top driver: owner age

    Stable

    Leipold group

    $1.9B
    10–15 yrControl later
    two-for-one ⇄
    Med
    as of 2026-06-20
    NFL·South

    18Miami Dolphins

    Stephen Ross (86) — no single clear heir

    Turnover59
    Opportunity35
    77% chance by year 10

    Ranked by Opportunity · top driver: owner age

    No heir

    Ross 86; intends family retention but heir UNSETTLED; active LP seller

    $8.1B
    5–10 yrControl later
    LP entryLP layer only
    High
    as of 2026-06-20
    MLB·West

    19San Francisco Giants

    Charles Johnson (93) / Greg Johnson control

    Turnover53
    Opportunity32
    73% chance by year 10

    Ranked by Opportunity · top driver: owner age

    Stable

    Charles Johnson 93 (largest shareholder); Greg Johnson control person

    $4.2B
    5–10 yrControl later
    LP entry
    Med
    as of 2026-06-20
    NFL·West

    20Los Angeles Chargers

    Dean Spanos

    Turnover52
    Opportunity31
    72% chance by year 10

    Ranked by Opportunity · top driver: owner age

    Stable

    Family control dispute (Spanos siblings)

    $4.9B
    5–10 yrControl later
    LP entry
    Med
    as of 2026-06-20
    NHL·Canada

    21Calgary Flames

    Murray Edwards group

    Turnover46
    Opportunity28
    67% chance by year 10

    Ranked by Opportunity · top driver: owner age

    Stable

    Edwards-led group; new arena

    $1.9B
    10–15 yrControl later
    Med
    as of 2026-06-20
    NHL·West

    22Seattle Kraken

    Bonderman estate / group

    Turnover41
    Opportunity25
    63% chance by year 10

    Ranked by Opportunity · top driver: succession

    Estate

    D. Bonderman d.2024 — estate piece

    $1.6B
    10–15 yrControl later
    Med
    as of 2026-06-20
    MLB·South

    23Atlanta Braves

    Atlanta Braves Holdings (public co.)

    Turnover30
    Opportunity24
    53% chance by year 10

    Ranked by Opportunity · top driver: succession

    Stable

    PUBLICLY TRADED — acquirable via market

    $3.0B
    Beyond / unlikelyControl later
    High
    as of 2026-06-20
    NHL·Northeast

    24Buffalo Sabres

    Terry Pegula

    Turnover39
    Opportunity23
    61% chance by year 10

    Ranked by Opportunity · top driver: owner age

    Stable

    Pegula (same as Bills)

    $1.4B
    10–15 yrControl later
    two-for-one ⇄
    Med
    as of 2026-06-20
    NBA·Midwest

    25Chicago Bulls

    Jerry Reinsdorf

    Will sell — not to you
    Turnover63
    Opportunity25
    77% chance by year 10

    Ranked by Opportunity · top driver: owner age

    Stable

    Heirs advised to KEEP Bulls (sell White Sox)

    $5.8B
    5–10 yrControl later
    two-for-one ⇄
    Med
    as of 2026-06-20
    NFL·Midwest

    26Cincinnati Bengals

    Mike Brown

    Turnover51
    Opportunity20
    70% chance by year 10

    Ranked by Opportunity · top driver: owner age

    Stable

    Daughter Katie Blackburn + grandchildren

    $5.3B
    5–10 yrControl later
    Med
    as of 2026-06-20
    NFL·Northeast

    27New York Jets

    Woody Johnson

    Turnover45
    Opportunity18
    65% chance by year 10

    Ranked by Opportunity · top driver: owner age

    Stable

    J&J heir; brother Christopher co-owns

    $6.9B
    10–15 yrControl later
    Med
    as of 2026-06-20
    NBA·South

    28Miami Heat

    Micky Arison

    Turnover45
    Opportunity18
    65% chance by year 10

    Ranked by Opportunity · top driver: owner age

    Stable

    Son Nick Arison involved

    $5.1B
    10–15 yrControl later
    Med
    as of 2026-06-20
    NHL·Midwest

    29Detroit Red Wings

    Marian Ilitch (93); Chris Ilitch runs ops

    Turnover44
    Opportunity18
    64% chance by year 10

    Ranked by Opportunity · top driver: owner age

    Stable

    Ilitch dynasty

    $2.5B
    10–15 yrControl later
    two-for-one ⇄
    Low
    as of 2026-06-20
    MLB·Midwest

    30Detroit Tigers

    Marian Ilitch (93); Chris Ilitch runs ops

    Turnover44
    Opportunity18
    64% chance by year 10

    Ranked by Opportunity · top driver: owner age

    Stable

    Ilitch dynasty (also Red Wings)

    $1.7B
    10–15 yrControl later
    two-for-one ⇄
    Low
    as of 2026-06-20
    NFL·South

    31Tennessee Titans

    Amy Adams Strunk

    Turnover43
    Opportunity17
    63% chance by year 10

    Ranked by Opportunity · top driver: owner age

    Stable

    Adams family (inherited 2015)

    $5.4B
    10–15 yrControl later
    Med
    as of 2026-06-20
    NFL·Northeast

    32Philadelphia Eagles

    Jeffrey Lurie

    Turnover50
    Opportunity20
    69% chance by year 10

    Ranked by Opportunity · top driver: owner age

    Stable

    Stable — Lurie sold minority stakes 2025

    $8.3B
    5–10 yrControl later
    LP entryLP layer only
    Med
    as of 2026-06-20
    NFL·Midwest

    33Cleveland Browns

    Jimmy Haslam

    Turnover39
    Opportunity16
    59% chance by year 10

    Ranked by Opportunity · top driver: owner age

    Stable

    Haslam Sports Group

    $5.1B
    10–15 yrControl later
    Med
    as of 2026-06-20
    NFL·South

    34Jacksonville Jaguars

    Shad Khan

    Turnover39
    Opportunity16
    59% chance by year 10

    Ranked by Opportunity · top driver: owner age

    Stable

    Son Tony Khan involved

    $5.0B
    10–15 yrControl later
    Med
    as of 2026-06-20
    NBA·West

    35Sacramento Kings

    Vivek Ranadive

    Turnover39
    Opportunity16
    59% chance by year 10

    Ranked by Opportunity · top driver: owner age

    Stable

    Bought 2013

    $4.4B
    10–15 yrControl later
    Med
    as of 2026-06-20
    NBA·Midwest

    36Milwaukee Bucks

    Haslam & Edens (Lasry sold 2023)

    Turnover39
    Opportunity16
    59% chance by year 10

    Ranked by Opportunity · top driver: owner age

    Stable

    Partner turnover; small market

    $4.0B
    10–15 yrControl later
    Med
    as of 2026-06-20
    MLB·Midwest

    37Milwaukee Brewers

    Mark Attanasio

    Turnover39
    Opportunity16
    59% chance by year 10

    Ranked by Opportunity · top driver: owner age

    Stable

    Small market

    $2.3B
    10–15 yrControl later
    LP entryLP layer only
    Med
    as of 2026-06-20
    NHL·Midwest

    38Columbus Blue Jackets

    John P. McConnell

    Turnover39
    Opportunity16
    59% chance by year 10

    Ranked by Opportunity · top driver: owner age

    Stable

    McConnell

    $1.3B
    10–15 yrControl later
    Med
    as of 2026-06-20
    NBA·South

    39Houston Rockets

    Tilman Fertitta

    Turnover38
    Opportunity15
    58% chance by year 10

    Ranked by Opportunity · top driver: owner age

    Stable

    Bought 2017

    $4.9B
    10–15 yrControl later
    Low
    as of 2026-06-20
    NBA·Midwest

    40Cleveland Cavaliers

    Dan Gilbert

    Turnover38
    Opportunity15
    58% chance by year 10

    Ranked by Opportunity · top driver: owner age

    Stable

    Health history (stroke 2019)

    $4.6B
    10–15 yrControl later
    Med
    as of 2026-06-20
    NBA·South

    41Oklahoma City Thunder

    Clay Bennett group

    Turnover38
    Opportunity15
    58% chance by year 10

    Ranked by Opportunity · top driver: owner age

    Stable

    Professional Basketball Club LLC

    $4.6B
    10–15 yrControl later
    Med
    as of 2026-06-20
    NBA·South

    42San Antonio Spurs

    Holt family + Sixth Street group

    Turnover38
    Opportunity15
    58% chance by year 10

    Ranked by Opportunity · top driver: owner age

    Stable

    Peter J. Holt manages

    $4.5B
    10–15 yrControl later
    Med
    as of 2026-06-20
    NBA·South

    43Atlanta Hawks

    Tony Ressler

    Turnover38
    Opportunity15
    58% chance by year 10

    Ranked by Opportunity · top driver: owner age

    Stable

    Ressler-led group

    $4.3B
    10–15 yrControl later
    Med
    as of 2026-06-20
    MLB·West

    44Seattle Mariners

    John Stanton group

    Turnover38
    Opportunity15
    58% chance by year 10

    Ranked by Opportunity · top driver: owner age

    Stable

    Large investor group

    $2.2B
    10–15 yrControl later
    Med
    as of 2026-06-20
    NHL·Northeast

    45New York Islanders

    Malkin / Ledecky

    Turnover38
    Opportunity15
    58% chance by year 10

    Ranked by Opportunity · top driver: owner age

    Stable

    Co-owners

    $1.8B
    10–15 yrControl later
    Med
    as of 2026-06-20
    NHL·Midwest

    46St. Louis Blues

    Tom Stillman group

    Turnover38
    Opportunity15
    58% chance by year 10

    Ranked by Opportunity · top driver: owner age

    Stable

    Stillman-led group

    $1.5B
    10–15 yrControl later
    Med
    as of 2026-06-20
    NFL·West

    47Los Angeles Rams

    Stan Kroenke

    Turnover36
    Opportunity14
    56% chance by year 10

    Ranked by Opportunity · top driver: owner age

    Stable

    Succession to son Josh (KSE)

    $8.0B
    10–15 yrControl later
    two-for-one ⇄
    Med
    as of 2026-06-20
    MLB·Northeast

    48Boston Red Sox

    FSG / John Henry

    Turnover36
    Opportunity14
    56% chance by year 10

    Ranked by Opportunity · top driver: owner age

    Stable

    Fenway Sports Group

    $6.0B
    10–15 yrControl later
    LP entryLP layer only
    Low
    as of 2026-06-20
    NFL·Midwest

    49Minnesota Vikings

    Wilf family (Zygi Wilf)

    Turnover36
    Opportunity14
    56% chance by year 10

    Ranked by Opportunity · top driver: owner age

    Stable

    Wilf family

    $5.4B
    10–15 yrControl later
    Med
    as of 2026-06-20
    NBA·West

    50Denver Nuggets

    Kroenke (Stan -> Josh)

    Turnover36
    Opportunity14
    56% chance by year 10

    Ranked by Opportunity · top driver: owner age

    Stable

    KSE succession to Josh

    $4.4B
    10–15 yrControl later
    two-for-one ⇄
    Low
    as of 2026-06-20
    NHL·Northeast

    51Boston Bruins

    Jacobs family (Charlie Jacobs)

    Turnover34
    Opportunity14
    54% chance by year 10

    Ranked by Opportunity · top driver: owner age

    Stable

    Succession to Charlie (Jeremy ~86)

    $3.0B
    Beyond / unlikelyControl later
    Low
    as of 2026-06-20
    NHL·West

    52Colorado Avalanche

    Kroenke (KSE)

    Turnover36
    Opportunity14
    56% chance by year 10

    Ranked by Opportunity · top driver: owner age

    Stable

    KSE succession to Josh

    $2.4B
    10–15 yrControl later
    two-for-one ⇄
    Low
    as of 2026-06-20
    NBA·West

    53Golden State Warriors

    Joe Lacob

    Turnover31
    Opportunity12
    51% chance by year 10

    Ranked by Opportunity · top driver: owner age

    Stable

    Lacob/Guber group

    $11.3B
    Beyond / unlikelyControl later
    Low
    as of 2026-06-20
    NBA·Northeast

    54New York Knicks

    James Dolan (MSG)

    Turnover31
    Opportunity12
    51% chance by year 10

    Ranked by Opportunity · top driver: owner age

    Stable

    Dolan family / MSG

    $9.8B
    Beyond / unlikelyControl later
    Low
    as of 2026-06-20
    NFL·Northeast

    55Baltimore Ravens

    Steve Bisciotti

    Turnover29
    Opportunity12
    48% chance by year 10

    Ranked by Opportunity · top driver: owner age

    Stable

    Bisciotti family

    $6.5B
    Beyond / unlikelyControl later
    Low
    as of 2026-06-20
    NFL·South

    56Tampa Bay Buccaneers

    Glazer family

    Turnover29
    Opportunity12
    48% chance by year 10

    Ranked by Opportunity · top driver: owner age

    Stable

    Glazer heirs (Malcolm d. 2014)

    $6.0B
    Beyond / unlikelyControl later
    Low
    as of 2026-06-20
    NFL·West

    57Arizona Cardinals

    Michael Bidwill

    Turnover29
    Opportunity12
    48% chance by year 10

    Ranked by Opportunity · top driver: recency

    Stable

    Bidwill family (since 1933)

    $5.2B
    Beyond / unlikelyControl later
    Low
    as of 2026-06-20
    NBA·Northeast

    58Washington Wizards

    Ted Leonsis (Monumental)

    Turnover29
    Opportunity12
    48% chance by year 10

    Ranked by Opportunity · top driver: owner age

    Stable

    Monumental SE

    $4.5B
    Beyond / unlikelyControl later
    Low
    as of 2026-06-20
    NBA·South

    59Orlando Magic

    DeVos family

    Turnover29
    Opportunity12
    48% chance by year 10

    Ranked by Opportunity · top driver: owner age

    Stable

    RDV / DeVos dynasty

    $4.3B
    Beyond / unlikelyControl later
    Low
    as of 2026-06-20
    NHL·Northeast

    60New York Rangers

    MSG / Dolan

    Turnover31
    Opportunity12
    51% chance by year 10

    Ranked by Opportunity · top driver: owner age

    Stable

    Dolan/MSG

    $3.6B
    Beyond / unlikelyControl later
    Low
    as of 2026-06-20
    MLB·Northeast

    61Philadelphia Phillies

    John Middleton

    Turnover29
    Opportunity12
    48% chance by year 10

    Ranked by Opportunity · top driver: owner age

    Stable

    Middleton family

    $3.4B
    Beyond / unlikelyControl later
    Low
    as of 2026-06-20
    NHL·Canada

    62Edmonton Oilers

    Daryl Katz

    Turnover29
    Opportunity12
    48% chance by year 10

    Ranked by Opportunity · top driver: owner age

    Stable

    Katz Group

    $3.1B
    Beyond / unlikelyControl later
    Low
    as of 2026-06-20
    NHL·Northeast

    63Washington Capitals

    Ted Leonsis (Monumental)

    Turnover29
    Opportunity12
    48% chance by year 10

    Ranked by Opportunity · top driver: owner age

    Stable

    Monumental

    $2.5B
    Beyond / unlikelyControl later
    Low
    as of 2026-06-20
    MLB·South

    64Houston Astros

    Jim Crane

    Turnover29
    Opportunity12
    48% chance by year 10

    Ranked by Opportunity · top driver: owner age

    Stable

    Bought 2011

    $2.4B
    Beyond / unlikelyControl later
    Low
    as of 2026-06-20
    NHL·South

    65Florida Panthers

    Vincent Viola

    Turnover29
    Opportunity12
    48% chance by year 10

    Ranked by Opportunity · top driver: owner age

    Stable

    Viola; back-to-back Cups

    $1.9B
    Beyond / unlikelyControl later
    Low
    as of 2026-06-20
    MLB·Midwest

    66Cleveland Guardians

    Dolan family (Paul Dolan)

    Turnover30
    Opportunity12
    49% chance by year 10

    Ranked by Opportunity · top driver: owner age

    Stable

    Small market

    $1.6B
    Beyond / unlikelyControl later
    Med
    as of 2026-06-20
    NHL·Canada

    67Vancouver Canucks

    Aquilini family

    Turnover29
    Opportunity12
    48% chance by year 10

    Ranked by Opportunity · top driver: owner age

    Stable

    Aquilini family

    $1.6B
    Beyond / unlikelyControl later
    Low
    as of 2026-06-20
    MLB·Northeast

    68Pittsburgh Pirates

    Bob Nutting

    Turnover30
    Opportunity12
    49% chance by year 10

    Ranked by Opportunity · top driver: owner age

    Stable

    Fan pressure but won't sell

    $1.6B
    Beyond / unlikelyControl later
    Low
    as of 2026-06-20
    MLB·West

    69Colorado Rockies

    Monfort family (Dick Monfort)

    Turnover29
    Opportunity12
    48% chance by year 10

    Ranked by Opportunity · top driver: owner age

    Stable

    Monfort family

    $1.5B
    Beyond / unlikelyControl later
    Low
    as of 2026-06-20
    NHL·West

    70Anaheim Ducks

    Henry Samueli

    Turnover29
    Opportunity12
    48% chance by year 10

    Ranked by Opportunity · top driver: owner age

    Stable

    Samueli family

    $1.5B
    Beyond / unlikelyControl later
    Low
    as of 2026-06-20
    NHL·Canada

    71Winnipeg Jets

    True North / Chipman + Thomson

    Turnover30
    Opportunity12
    49% chance by year 10

    Ranked by Opportunity · top driver: owner age

    Stable

    Thomson backing

    $1.3B
    Beyond / unlikelyControl later
    Low
    as of 2026-06-20
    MLB·—

    72Oakland/Las Vegas Athletics

    John Fisher

    Turnover31
    Opportunity12
    51% chance by year 10

    Ranked by Opportunity · top driver: owner age

    Stable

    Relocating to Las Vegas

    —
    Beyond / unlikelyControl later
    Low
    as of 2026-06-20
    NBA·—

    73Los Angeles Clippers

    Steve Ballmer

    Turnover29
    Opportunity12
    48% chance by year 10

    Ranked by Opportunity · top driver: owner age

    Stable

    Ultra-wealthy; new arena

    —
    Beyond / unlikelyControl later
    Low
    as of 2026-06-20
    NFL·Midwest

    74Indianapolis Colts

    Irsay daughters (Carlie Irsay-Gordon +2)

    Turnover28
    Opportunity11
    47% chance by year 10

    Ranked by Opportunity · top driver: succession

    Stable

    Just transitioned (Jim Irsay d. 2025)

    $5.4B
    Beyond / unlikelyControl later
    Med
    as of 2026-06-20
    NFL·South

    75Carolina Panthers

    David Tepper

    Turnover28
    Opportunity11
    47% chance by year 10

    Ranked by Opportunity · top driver: owner age

    Stable

    Bought 2018

    $5.2B
    Beyond / unlikelyControl later
    Low
    as of 2026-06-20
    MLB·Midwest

    76Kansas City Royals

    John Sherman

    Turnover28
    Opportunity11
    47% chance by year 10

    Ranked by Opportunity · top driver: owner age

    Stable

    Bought 2019; stadium push

    $1.8B
    Beyond / unlikelyControl later
    LP entryLP layer only
    Low
    as of 2026-06-20
    NFL·South

    77Dallas Cowboys

    Jerry Jones

    Turnover49
    Opportunity10
    66% chance by year 10

    Ranked by Opportunity · top driver: owner age

    Stable

    Kids (Stephen, Charlotte) embedded

    $12.8B
    10–15 yrControl later
    Med
    as of 2026-06-20
    NFL·Midwest

    78Kansas City Chiefs

    Clark Hunt

    Turnover24
    Opportunity10
    42% chance by year 10

    Ranked by Opportunity · top driver: recency

    Stable

    Hunt family

    $5.8B
    Beyond / unlikelyControl later
    Low
    as of 2026-06-20
    NBA·Midwest

    79Detroit Pistons

    Tom Gores

    Turnover24
    Opportunity10
    42% chance by year 10

    Ranked by Opportunity · top driver: owner age

    Stable

    Bought 2011

    $4.3B
    Beyond / unlikelyControl later
    Low
    as of 2026-06-20
    NHL·Canada

    80Montreal Canadiens

    Molson family

    Turnover24
    Opportunity10
    42% chance by year 10

    Ranked by Opportunity · top driver: recency

    Stable

    Molson dynasty

    $3.3B
    Beyond / unlikelyControl later
    Low
    as of 2026-06-20
    MLB·Northeast

    81New York Mets

    Steve Cohen

    Turnover26
    Opportunity10
    44% chance by year 10

    Ranked by Opportunity · top driver: owner age

    Stable

    Bought 2020

    $3.0B
    Beyond / unlikelyControl later
    Low
    as of 2026-06-20
    MLB·Northeast

    82Baltimore Orioles

    David Rubenstein

    Turnover24
    Opportunity10
    42% chance by year 10

    Ranked by Opportunity · top driver: owner age

    Stable

    Bought 2024

    $1.9B
    Beyond / unlikelyControl later
    Low
    as of 2026-06-20
    NHL·South

    83Nashville Predators

    Bill Haslam (2025 majority)

    Turnover26
    Opportunity10
    44% chance by year 10

    Ranked by Opportunity · top driver: owner age

    Stable

    Bill Haslam majority (2025); Saban minority

    $1.8B
    Beyond / unlikelyControl later
    LP entryLP layer only
    Med
    as of 2026-06-20
    NHL·Midwest

    84Chicago Blackhawks

    Wirtz family (Danny Wirtz)

    Turnover26
    Opportunity10
    44% chance by year 10

    Ranked by Opportunity · top driver: recency

    Stable

    Rocky Wirtz d.2023 -> Danny

    —
    Beyond / unlikelyControl later
    Low
    as of 2026-06-20
    NFL·Northeast

    85New England Patriots

    Robert Kraft

    Turnover46
    Opportunity9
    64% chance by year 10

    Ranked by Opportunity · top driver: owner age

    Stable

    Son Jonathan Kraft clear heir

    $9.0B
    10–15 yrControl later
    LP entryLP layer only
    Med
    as of 2026-06-20
    MLB·West

    86Los Angeles Dodgers

    Mark Walter / Guggenheim

    Turnover19
    Opportunity8
    35% chance by year 10

    Ranked by Opportunity · top driver: owner age

    Stable

    Stable; winning

    $9.1B
    Beyond / unlikelyControl later
    Low
    as of 2026-06-20
    NFL·West

    87San Francisco 49ers

    Jed York (DeBartolo-York)

    Turnover21
    Opportunity8
    38% chance by year 10

    Ranked by Opportunity · top driver: owner age

    Stable

    York family dynasty

    $8.6B
    Beyond / unlikelyControl later
    LP entryLP layer only
    Low
    as of 2026-06-20
    MLB·Midwest

    88Chicago Cubs

    Ricketts family

    Turnover21
    Opportunity8
    38% chance by year 10

    Ranked by Opportunity · top driver: owner age

    Stable

    Ricketts family

    $5.7B
    Beyond / unlikelyControl later
    LP entryLP layer only
    Low
    as of 2026-06-20
    NFL·South

    89Houston Texans

    Cal McNair

    Turnover21
    Opportunity8
    38% chance by year 10

    Ranked by Opportunity · top driver: owner age

    Stable

    Succession completed 2024

    $5.5B
    Beyond / unlikelyControl later
    Low
    as of 2026-06-20
    NFL·Midwest

    90Detroit Lions

    Sheila Ford Hamp

    Turnover41
    Opportunity8
    59% chance by year 10

    Ranked by Opportunity · top driver: owner age

    Stable

    Ford family dynasty (since 1963)

    $5.0B
    10–15 yrControl later
    Low
    as of 2026-06-20
    NBA·Northeast

    91Philadelphia 76ers

    Harris / Blitzer (HBSE)

    Turnover21
    Opportunity8
    38% chance by year 10

    Ranked by Opportunity · top driver: owner age

    Stable

    HBSE

    $5.0B
    Beyond / unlikelyControl later
    Low
    as of 2026-06-20
    NBA·Northeast

    92Brooklyn Nets

    Joe Tsai

    Turnover19
    Opportunity8
    35% chance by year 10

    Ranked by Opportunity · top driver: owner age

    Stable

    Bought 2019

    $5.0B
    Beyond / unlikelyControl later
    Low
    as of 2026-06-20
    NBA·South

    93Dallas Mavericks

    Adelson / Dumont family

    Turnover20
    Opportunity8
    36% chance by year 10

    Ranked by Opportunity · top driver: owner age

    Stable

    Bought 2023

    $4.7B
    Beyond / unlikelyControl later
    Low
    as of 2026-06-20
    NBA·South

    94Charlotte Hornets

    Plotkin / Schnall group

    Turnover19
    Opportunity8
    35% chance by year 10

    Ranked by Opportunity · top driver: owner age

    Stable

    Bought 2023

    $4.0B
    Beyond / unlikelyControl later
    Low
    as of 2026-06-20
    NHL·Northeast

    95New Jersey Devils

    Harris / Blitzer (HBSE)

    Turnover21
    Opportunity8
    38% chance by year 10

    Ranked by Opportunity · top driver: owner age

    Stable

    HBSE

    $1.9B
    Beyond / unlikelyControl later
    Low
    as of 2026-06-20
    NHL·South

    96Dallas Stars

    Tom Gaglardi

    Turnover21
    Opportunity8
    38% chance by year 10

    Ranked by Opportunity · top driver: owner age

    Stable

    Gaglardi

    $1.9B
    Beyond / unlikelyControl later
    Low
    as of 2026-06-20
    NHL·Canada

    97Ottawa Senators

    Michael Andlauer

    Turnover19
    Opportunity8
    35% chance by year 10

    Ranked by Opportunity · top driver: owner age

    Stable

    Bought 2023

    $1.3B
    Beyond / unlikelyControl later
    LP entryLP layer only
    Low
    as of 2026-06-20
    NFL·Northeast

    98New York Giants

    Mara & Tisch families

    Turnover34
    Opportunity7
    52% chance by year 10

    Ranked by Opportunity · top driver: owner age

    Stable

    Dual-family dynasty (since 1925)

    $10.5B
    Beyond / unlikelyControl later
    LP entryLP layer only
    Low
    as of 2026-06-20
    NFL·Northeast

    99Pittsburgh Steelers

    Rooney family (Art Rooney II)

    Turnover34
    Opportunity7
    52% chance by year 10

    Ranked by Opportunity · top driver: owner age

    Stable

    Rooney dynasty (since 1933)

    $5.5B
    Beyond / unlikelyControl later
    Low
    as of 2026-06-20
    NFL·Midwest

    100Chicago Bears

    McCaskey family (George McCaskey)

    Turnover28
    Opportunity6
    46% chance by year 10

    Ranked by Opportunity · top driver: recency

    Stable

    Dynasty; V. McCaskey d. 2025

    $6.4B
    Beyond / unlikelyControl later
    LP entryLP layer only
    Low
    as of 2026-06-20
    NFL·West

    101Denver Broncos

    Walton-Penner group (Rob Walton)

    Turnover16
    Opportunity6
    30% chance by year 10

    Ranked by Opportunity · top driver: owner age

    Stable

    Bought 2022

    $6.3B
    Beyond / unlikelyControl later
    Low
    as of 2026-06-20
    NFL·Northeast

    102Washington Commanders

    Josh Harris group

    Turnover16
    Opportunity6
    30% chance by year 10

    Ranked by Opportunity · top driver: owner age

    Stable

    Bought 2023

    $6.3B
    Beyond / unlikelyControl later
    Low
    as of 2026-06-20
    NBA·South

    103Memphis Grizzlies

    Robert Pera

    Turnover16
    Opportunity6
    30% chance by year 10

    Ranked by Opportunity · top driver: succession

    Stable

    Bought 2012

    $4.0B
    Beyond / unlikelyControl later
    Low
    as of 2026-06-20
    NHL·South

    104Carolina Hurricanes

    Tom Dundon

    Turnover14
    Opportunity6
    27% chance by year 10

    Ranked by Opportunity · top driver: succession

    Stable

    Bought 2018

    $1.9B
    Beyond / unlikelyControl later
    LP entryLP layer only
    Low
    as of 2026-06-20
    NHL·South

    105Tampa Bay Lightning

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

    Turnover16
    Opportunity6
    30% chance by year 10

    Ranked by Opportunity · top driver: owner age

    Stable

    Control transition underway (Vinik -> Ostrover ~2027)

    $1.8B
    Beyond / unlikelyControl later
    Low
    as of 2026-06-20
    MLB·Northeast

    106New York Yankees

    Steinbrenner family (Hal)

    Turnover26
    Opportunity5
    43% chance by year 10

    Ranked by Opportunity · top driver: recency

    Stable

    Steinbrenner dynasty (since 1973)

    $9.4B
    Beyond / unlikelyControl later
    Low
    as of 2026-06-20
    NBA·West

    107Phoenix Suns

    Mat Ishbia

    Turnover11
    Opportunity4
    22% chance by year 10

    Ranked by Opportunity · top driver: succession

    Stable

    Bought 2023

    $4.8B
    Beyond / unlikelyControl later
    Low
    as of 2026-06-20
    NBA·Canada

    108Toronto Raptors

    Rogers (MLSE)

    Turnover9
    Opportunity4
    18% chance by year 10

    Ranked by Opportunity · top driver: succession

    Stable

    Rogers consolidated control

    $4.4B
    Beyond / unlikelyControl later
    Low
    as of 2026-06-20
    NHL·Canada

    109Toronto Maple Leafs

    Rogers / MLSE

    Turnover11
    Opportunity4
    22% chance by year 10

    Ranked by Opportunity · top driver: succession

    Stable

    Corporate

    $4.3B
    Beyond / unlikelyControl later
    Low
    as of 2026-06-20
    NBA·West

    110Utah Jazz

    Ryan Smith (SEG)

    Turnover9
    Opportunity4
    18% chance by year 10

    Ranked by Opportunity · top driver: succession

    Stable

    Bought 2020

    $4.0B
    Beyond / unlikelyControl later
    Low
    as of 2026-06-20
    NHL·Northeast

    111Philadelphia Flyers

    Comcast Spectacor

    Turnover11
    Opportunity4
    22% chance by year 10

    Ranked by Opportunity · top driver: succession

    Stable

    Corporate

    $2.6B
    Beyond / unlikelyControl later
    Low
    as of 2026-06-20
    MLB·Canada

    112Toronto Blue Jays

    Rogers Communications

    Turnover11
    Opportunity4
    22% chance by year 10

    Ranked by Opportunity · top driver: succession

    Stable

    Corporate strategic asset

    $2.1B
    Beyond / unlikelyControl later
    Low
    as of 2026-06-20
    NHL·West

    113Utah Mammoth

    Ryan Smith (SEG)

    Turnover9
    Opportunity4
    18% chance by year 10

    Ranked by Opportunity · top driver: succession

    Stable

    New franchise 2024

    $1.6B
    Beyond / unlikelyControl later
    Low
    as of 2026-06-20
    NFL·Midwest

    114Green Bay Packers

    Publicly/community owned

    Turnover10
    Opportunity2
    19% chance by year 10

    Ranked by Opportunity · top driver: recency

    Stable

    NOT AVAILABLE — community owned

    $5.6B
    Beyond / unlikelyControl later
    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

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.