The National Football League (NFL) is a conglomerate of individual team owners, each owning separate franchises. As of 2023, the richest among these owners is Rob Walton, who owns the Denver Broncos. Walton, an heir to the Walmart fortune, purchased the team for a staggering $4.65 billion in June 2022, making him the wealthiest owner in the history of American professional sports. His net worth is estimated at around $66.9 billion, higher than the combined net worths of Jody Allen, David Tepper, and Jerry Jones, other prominent NFL owners. Walton's wealth is derived from his ownership of the Broncos and his significant share of stock in Walmart.
Despite the immense wealth of NFL owners, their primary source of income is not team ownership but TV revenue. The NFL negotiates multibillion-dollar agreements with major networks like Fox, CBS, ESPN, and NBC, generating more than half of the NFL's revenue. Additionally, owners earn locally through concession revenues, ticket sales, and sponsorship deals.