23. Titans of Tennessee
Valuation: $6.01 billion
The company's revenue was $559 million, with an EBITDA of $112 million and a debt-to-value ratio of 8%.
Franchise history
In 1959, Amy Adams Strunk purchased Nissan Stadium for $25,000. The stadium's paid attendance for the 2023 regular season was 580,686.
The Titans will move into a new $2.1 billion stadium in 2027, with the team responsible for $840 million of funding and any cost overruns. The state will contribute $500 million, and the remaining $800 million will be financed through revenue bonds based on sales and ticket taxes, as well as rent paid by the Titans.
Business News
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