31. Arizona Cardinals: NFL Team
Valuation: $5.3 billion
The company's revenue was $543 million, with an EBITDA of $85 million and a debt-to-value ratio of 3%.
Franchise history
Michael Bidwill purchased the Arizona Cardinals in 1932 for $50,000. The team plays at State Farm Stadium and had a paid attendance of 502,912 during the 2023 regular season.
In order to increase revenue, the Cardinals are introducing six new luxury seat options in 2024, including field-level seats and two clubs. Despite low attendance and a low general ticket price of $98, the team ranks near the bottom of the NFL in terms of revenue.
Business News
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