Tennessee Titans Franchise Value
The Tennessee Titans have undergone a remarkable transformation, both on and off the field, over the past decade. Once known as the Houston Oilers, the Tennessee Titans franchise value has skyrocketed to an estimated $4.4 billion as of August 2023, according to Forbes.
The surge in valuation can be attributed to two key factors – the team’s consistent on-field success since 2016, where they have been one of the winningest teams in the NFL, and the recent deal for a new stadium, Sports Illustrated reported.
Tennessee Titans Team Value : $4.4 Billion
- Owners: Amy Adams Strunk
- Championships: 0
- Year Purchased: 1959
- Price Paid: $25,000
- Revenue: $516 Million
- Operating Income: $85 Million
- Player Expenses: $282 Million
- Gate Receipts: $69 Million
- Revenue Per Fan: $59
MORE: VIEW THE FUL LIST OF NFL TEAM VALUATIONS
About the Adams Family Ownership
The Titans were founded in 1960 by Bud Adams as the Houston Oilers, one of the eight charter members of the American Football League. Adams remained the owner until his death in 2013 at age 90.
Bud Adams, played a pivotal role in the establishment of the AFL and the Oilers’ success. His business acumen and commitment to the team left an indelible mark on the franchise’s history. After his passing in 2013, ownership transitioned to his daughter, Amy Adams Strunk.
The 68-year-old businesswoman assumed control as the controlling owner in 2015, ushering in a new era for the franchise.
Amy Adams Strunk, born in 1955, inherited her father’s passion for the Titans and has been instrumental in steering the franchise. With a background in business and a deep understanding of the team’s operations, Strunk has focused on ensuring the Titans’ long-term success both on and off the field. Under her leadership, the team has made significant strides, including securing a new stadium deal and consistently competing for playoff berths.
How Much Are the Tennessee Titans Worth?
According to Forbes’ latest valuation, the Tennessee Titans are estimated to be worth $4.4 billion as of August 2023. This figure represents a remarkable increase in the franchise’s value being attributed to the surge of Titans’ consistent on-field success since 2016 and the recent deal for a new stadium.
About Nissan Stadium
Nissan Stadium, located in Nashville, Tennessee, has been the home of the Tennessee Titans. Previous naming rights for the stadium have gone to Adelphia and LP in the past.
The stadium itself is owned by the City of Nashville with Tennessee State’s football team being tenants making Nissan Stadium the largest stadium in the Football Championship Subdivision (FCS).
Nissan Stadium Renovations
The Titans have called Nissan Stadium in Nashville home since 1999. The 69,143-seat venue recently underwent renovations, including installing a new playing surface – Matrix Helix Turf with an organic infill.
The switch from natural grass to the state-of-the-art turf system aims to enhance player safety and performance while reducing lower-body injuries that were prevalent on the previous field. The stadium held the highest instance of lower body injury in the NFL from 2018-2021.
Why Is Nissan Stadium Being Replaced?
Perhaps the biggest factor driving the franchise’s soaring value is the deal for a new stadium that the Titans recently reached with Nashville officials. Details remain scarce, but the project is expected to provide a significant boost to the team’s revenue streams and fan experience.
Future Outlook for the Titans
The Tennessee Titans franchise value and ownership reflect a typical story in the NFL. With the valuation to the NFL and NFL teams expected to continue growing , it makes sense for the families to keep these massive assets in the family for as long as possible.