21. Ravens of Baltimore
Valuation: $6.03 billion
The company's revenue was $584 million, with an EBITDA of $46 million and a debt-to-value ratio of 4%.
Franchise history
In 2004, Steve Bisciotti purchased the team for $600 million and the stadium is M&T Bank Stadium. The paid attendance for the 2023 regular season was 635,380.
The Ravens will receive $600 million from the state of Maryland to renovate M&T Bank Stadium. Over the next three years, the team will utilize a significant portion of this money to enhance the stadium experience by adding premium seating and constructing an open-air tailgate and concert venue, including a sports bar, outside the stadium.
Business News
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