Chicago Bears Franchise Value
The Chicago Bears, one of the oldest and most celebrated franchises in the National Football League (NFL), have amassed a substantial fortune that reflects their enduring popularity and success. This article explores the Chicago Bears franchise value and history.
Chicago Bears Team Value : $6.3 Billion
- Championships: 9
- Year Purchased: 1920
- Price Paid: $100
- Revenue: $556 Million
- Operating Income: $203 Million
- Player Expenses: $191 Million
- Gate Receipts: $78 Million
- Revenue Per Fan: $18
MORE: VIEW THE FUL LIST OF NFL TEAM VALUATIONS
A Brief History of the Chicago Bears
Established in 1920, the team was originally the Decatur Stanleys. The owners, A.E. Stanley Company, hired in George Halas & Edward Sternman to run the team.
How Much Were the Bears Originally Purchased For?
The Chicago Bears were initially acquired for a modest sum of $100 in 1920 by A.E. Staley Starch Company.
The Decatur Stanleys became the Chicago Stanleys in 1921 and the full control of the team was turned over the Halas and Sternman. They changed the name to the “Chicago Bears” in 1922.
The team has secured nine NFL championships, including one Super Bowl title in 1985. Recognized for formidable defensive prowess, the Bears have solidified themselves as one of the most identifiable franchises in American sports.
Who Owns the Chicago Bears Franchise?
The Chicago Bears franchise is primarily owned by the McCaskey family, heirs of George Halas. Halas initially obtained the franchise fully in 1932 and later passed it on to his daughter, Virginia McCaskey, who currently serves as the principal owner.
Bears Ownership Breakdown
- Virginia Halas McCaskey – 22.6%
- Virgina’s 11 children and 2 nephews – 3.8% each
- Brizzolara family – 8.33% stocks
- Pat Ryan ( Former Aon CEO) – 17.67%
- Andrew McKenna – 2%
Virgina holds voting rights for herself, her children, nephews, and the Brizzolara family which gives her about 80% control over the franchise and first refusal rights for stock sale.
Estimating the Net Worth of the McCaskey Family
Determining the precise net worth of the McCaskey family is a challenging task, as their wealth is closely intertwined with the value of the Chicago Bears franchise. However, various estimates suggest that the family’s net worth could range from several hundred million dollars to over a billion dollars. In addition to their ownership of the Bears, the McCaskeys have diversified interests in various business ventures, further contributing to their substantial net worth.
How Much Would It Cost to Buy the Chicago Bears Today?
The Chicago Bears are currently valued at a staggering $6.3 billion, according to Forbes’ NFL valuations. If the McCaskey family were to consider selling the Bears, the price tag would undoubtedly shatter records, surpassing the $4.65 billion paid for the Denver Broncos in 2022, which remains the highest price ever paid for a sports franchise.
How Does the Chicago Bears’ Value Stack Up Against Other NFL Teams?
The Chicago Bears currently rank 5th amongst all NFL teams in terms of value. The Dallas Cowboys lead the pack with a staggering $9 billion valuation, followed by the New England Patriots ($7 billion), the Los Angeles Rams ($6.9billion), and the New York Giants ($6.8 billion),
Revenue Streams of the Chicago Bears
The Chicago Bears’ substantial franchise value is fueled by various revenue streams. Typical to how many sports teams make money, Ticket sales, merchandise sales, and lucrative television deals contribute significantly to the team’s financial success.
The Bears benefit from sponsorship agreements, naming rights for their stadium (currently known as Soldier Field), and the league’s revenue-sharing model, which ensures a more equitable distribution of profits among teams.
The Future of the Chicago Bears Franchise Value
The future of the Chicago Bears’ franchise value is closely tied to several factors, including their on-field performance, stadium development plans, and the overall growth of the NFL’s popularity. With the potential for a new, state-of-the-art stadium in the works, the Bears’ value could soar even higher, attracting more fans and generating additional revenue streams. Additionally, the team’s ability to field a competitive roster and maintain a passionate fan base will play a crucial role in sustaining their financial success.
The Chicago Bears are more than just a football team; they are a valuable asset within the NFL landscape. With a storied history, unwavering fan loyalty, and a dedicated ownership group, the Bears have transformed from a modest investment into a multi-billion dollar franchise.
