Personal project: Philly sports ownership and valuation growth

Who owns Philly’s pro teams, and how fast did they grow in value?

I’m a numbers person, and I got curious about who actually owns the big Philadelphia teams, where did the owners make their money, and how much have these franchises grown in value over time? This page is my own visual summary of what I found. This is a personal project done for fun.

What you’ll get out of this page

  • Owners and key minority investors (where publicly known).
  • Plain-English “how they made their money” in one place.
  • Three charts that make the valuation story easy to see.
  • Source links so you can verify it and go deeper if you wish.

Note: franchise valuations are estimates, not audited financials. Still, they are great for spotting trends.

Charts: values and growth

All values are in USD billions. Growth compares 2016 to 2025 using the sources listed at the bottom.

Latest estimated franchise values

Higher bar means higher valuation

Estimated valuation growth rate (CAGR)

2016 to 2025 compound annual growth

Two-point trend: 2016 vs 2025

A simple before and after view

Team-by-team ownership

Minor investors listed only when publicly documented.

Philadelphia Eagles

Controlling owner: Jeffrey Lurie (since 1994). Known for film and media ventures.

NFL

Lurie bought the team in 1994 and has remained the controlling owner. In recent years, the Eagles have also had minority stakes sold while control stayed with Lurie.

2016 value
$2.50B
2025 value
$8.30B
Key sources

Philadelphia Phillies

Principal owner: John Middleton (control person). Wealth largely tied to the Middleton tobacco business.

MLB

The Phillies are owned by an ownership group, but Middleton is the control person. This is a typical baseball setup: a dominant partner plus other investors behind the scenes.

2016 value
$1.24B
2025 value
$3.10B
Key sources

Philadelphia 76ers

Owners: Josh Harris and David Blitzer via HBSE. Money source: private equity and investing.

NBA

Harris and Blitzer are heavy hitters in finance and sports ownership. The NBA has seen major valuation expansion, and the 76ers reflect that trend pretty dramatically.

2016 value
$0.70B
2025 value
$5.45B
Key sources

Philadelphia Flyers

Owner: Comcast Spectacor. The Flyers are owned by Comcast Spectacor, a wholly owned subsidiary of Comcast.

NHL

The Flyers are directly owned by Comcast Spectacor.

2016 value
$0.72B
2025 value
$2.70B
Key sources

Philadelphia Union

Ownership group: led by Jay Sugarman. Notable minority investor: Kevin Durant (publicly reported).

MLS

The Union are run by an ownership group led by Sugarman. The fun wrinkle is Kevin Durant's minority stake, which is one of those crossover sports-business moves I think is pretty interesting.

Note: logo shown is the 2015 crest — the current mark isn't available as a free SVG.

2016 value
$0.152B
2025 value
$0.70B
Key sources

Method and sources

I tried to use a simple, consistent approach: compare 2016 valuations to 2025 valuations (or the closest widely cited public figure). Values are estimates and will vary by publisher, but the direction of travel is the interesting part.

Last updated:

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