Mega Millions: Which sports franchises could you buy with $400 Million?
The Mega Millions jackpot is up to an estimated total $640 million, an all-time record high. After taxes, the total value of the winning ticket will still be roughly $400 million. It's enough to buy a massive house, a fleet of cars or even several private jets. But think bigger: what about buying your favorite sports team?
Before you get too excited, football is out of the question. The least valuable NFL team is the Jacksonville Jaguars, who were recently sold to Shahid Khan for $760 million. But out of the other three major American professional sports leagues, there are 52 teams that we have valued under $400 million.
There are four MLB teams and 21 NBA teams worth less than $400 million. You could also buy any but three of the teams in the NHL; off-limits are the Toronto Maple Leafs ($521 million), New York Rangers ($507 million) and Montreal Canadians ($445 million).
Below are the top 10 most valuable teams that you could buy for $1 and a little bit of luck:
1. Phoenix Suns – $395 million
2. Orlando Magic – $385 million
3. Toronto Raptors – $382 million
4. Portland Trail Blazers – $370 million
5. New Jersey Nets – $357 million
6. Kansas City Royals – $354 million
7. Oklahoma City Thunder – $348 million
8t. Detroit Red Wings – $336 million
