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#17 Pittsburgh Steelers

#17 Pittsburgh Steelers

Team Value
1
Enterprise value (equity plus net debt) of team based on current stadium deal (unless new stadium is pending).
$5.3BCalculated August 2024
Championships
6
Revenue
2
Net of stadium revenues used for debt payments.
$595M
Operating Income
3
Earnings before interest, taxes, depreciation and amortization.
$129M
Debt/Value
4
Includes stadium debt.
2%
Player Expenses
5
Includes benefits and bonuses.
$284M
Gate Receipts
6
Includes club seats.
$88M
Wins-to-player cost ratio
7
Compares the number of wins per player payroll relative to the rest of the NFL. Playoff wins count twice as much as regular season wins. A score of 120 means that the team had 20% more victories per-dollar of payroll compared with the league average.
114
Revenue per Fan
8
Local revenues divided by metro population, with populations in two-team markets divided in half.
$68
Metro Area Population
2.4M
Media partners
tv: KDKA-TV; radio: iHeart Media
Revenues and operating income are for the 2023 season and net stadium debt service.
Footnotes
    Revenues and operating income are for the 2023 season and net stadium debt service.
  • 1. Enterprise value (equity plus net debt) of team based on current stadium deal (unless new stadium is pending).
  • 2. Net of stadium revenues used for debt payments.
  • 3. Earnings before interest, taxes, depreciation and amortization.
  • 4. Includes stadium debt.
  • 5. Includes benefits and bonuses.
  • 6. Includes club seats.
  • 7. Compares the number of wins per player payroll relative to the rest of the NFL. Playoff wins count twice as much as regular season wins. A score of 120 means that the team had 20% more victories per-dollar of payroll compared with the league average.
  • 8. Local revenues divided by metro population, with populations in two-team markets divided in half.
After Mike Tomlin led Pittsburgh to its 25th straight non-losing season, the organization looked to bolster the roster, having not made a deep playoff run since the AFC Championship loss in 2016. The Steelers brought in two high-profile quarterbacks in Russell Wilson (one-year, $1.2 million) and Justin Fields (acquired in a trade with the Bears). Pittsburgh also made a rather non-Pittsburgh move, signing Patrick Queen, the top inside linebacker free agent to a three-year, $41 million deal. While Wilson seems to be on the
downturn of his career, and Fields still remains somewhat of an unknown entering his fourth pro season, the Steelers defense has always been the franchise's strong point, and adding Queen to stars Minkah Fitzpatrick and TJ Watt will make that strength even more formidable.
... Read More
Valuation Breakdown
9. Portion of franchise's value attributable to revenue shared among all teams.
10. Portion of franchise's value attributable to its city and market size.
11. Portion of franchise's value attributable to its stadium.
12. Portion of franchise's value attributable to its brand.
Value Change
15%
1-YEAR CHANGE
13. Current team value compared with latest transaction price.
Historical
2024
Value1
Enterprise value (equity plus net debt) of team based on current stadium deal (unless new stadium is pending).
$5.3B
2024
$5.3B
Revenue2
Net of stadium revenues used for debt payments.
$595M
2024
$595M
Operating Income3
Earnings before interest, taxes, depreciation and amortization.
$129M
2024
$129M
Player Expenses5
Includes benefits and bonuses.
$284M
2024
$284M
Win-to-Player Cost Ratio7
Compares the number of wins per player payroll relative to the rest of the NFL. Playoff wins count twice as much as regular season wins. A score of 120 means that the team had 20% more victories per-dollar of payroll compared with the league average.
114
2024
114
1. Enterprise value (equity plus net debt) of team based on current stadium deal (unless new stadium is pending).
2. Net of stadium revenues used for debt payments.
3. Earnings before interest, taxes, depreciation and amortization.
5. Includes benefits and bonuses.
7. Compares the number of wins per player payroll relative to the rest of the NFL. Playoff wins count twice as much as regular season wins. A score of 120 means that the team had 20% more victories per-dollar of payroll compared with the league average.
Venue
Acrisure Stadium
Owner(s)
Sports and Exhibition Authority of Pittsburgh and Allegheny County
Concessionaire
Aramark
Year Opened
2001
Average Ticket Price
$127
Seating Capacity
68,400
Cost To Build
$280.8M
Major Sponsors
84 Lumber
Anheuser-Busch InBev
Ford Motor
Giant Eagle
PepsiCo
PNC Financial Services
UPMC
Key Connections
Graphic of Pittsburgh Penguins
Pittsburgh Penguins
Graphic of Pittsburgh Pirates
Pittsburgh Pirates

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