By Kelsey Smith
Nike is named #1 on Forbes’s Fab. 40 list of the most valuable names in sports. Forbes released the annual Fab. 40 lists, evaluating the top 10 names in four areas: businesses, events, athletes, and teams. Following Nike in the running includes ESPN, Adidas, Gatorade, and Under Armour.
It comes as no surprise that the Swoosh is placed on top. Nike’s value is upwards $15 billion this year, according to Forbes, a 40% increase from last year. Nike arguably claims the most global of the brands and businesses on the list, leading by a 38% share on the footwear market, and values a 9% increase on the Nike branded apparel (slotted at $5.4 billion), compared to last year’s standings.
The announcement comes after Nike released “The Chosen”campaign in June, 2011, emphasizing the brand’s focus on action sports. Action sports are a $390 million business for Nike, according to Mark G. Parker, Nike’s chief executive and president. According to Kantar Media, Nike spent $108 million in advertising in 2009, and $116 million in 2010. Much of the increase in ad spending has The Chosen campaign to thank.
Last year alone, the Swoosh-branded sales stacked in at $18.1 billion (with a “B”). Of that $18.1 billion, “$7.6 billion were in North America, $3.8 billion came from Western Europe, $2.1 billion from Greater China and $2.7 billion from emerging markets,” says Forbes’ editors.
Joining Nike on the Fab. 40 list includes The Winter Olympic Games, ranked the sixth most powerful sporting event, valued at $123 million; as well as Shawn White, ranked the tenth most influential branded athlete, valued at $7 million.
Below is the complete list of the Forbes Fab. 40:
The top ten sports business brands:
- Nike - $15 billion
- ESPN - $11 billion
- Adidas - $5 billion
- Sky Sports - $3 billion
- Gatorade - $2.5 billion
- Reebok - $1.5 billion
- Under Armour - $1.0 billion
- EA Sports - $625 million
- YES Network - $600 million
- MSG - $500 million
The top five sports events brands:
- Super Bowl - $425 million
- Summer Olympic Games - $230 million
- FIFA World Cup - $147 million
- World Series - $140 million
- UEFA Champions League - $132 million
- Winter Olympic Games - $123 million
- Daytona 500 - $112 million
- NCAA Men’s Final Four - $92 million
- MLB All-Star Week - $76 million
- Kentucky Derby - $70 million
The top ten sports athlete brands:
- Tiger Woods - $55 million
- Roger Federer - $26 million
- Phil Mickelson - $24 million.
- David Beckham - $20 million
- LeBron James - $20 million
- Kobe Bryant - $14 million
- Maria Sharapova - $9 million
- Dale Earnhardt Jr. - $9 million
- Cristiano Ronaldo - $8 million
- Shaun White - $7 million
The top ten sports team brands:
- New York Yankees - $340 million
- Manchester United - $269 million
- Real Madrid - $264 million
- Dallas Cowboys - $193 million
- Bayern Munich - $179million
- Boston Red Sox - $173 million
- Barcelona - $172 million
- Arsenal - $158 million
- AC Milan - $147 million
- New England Patriots - $146 million
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