Glazers decline $6.05 billion offer for Buccaneers

Tom Brady’s retirement may not have affected the Tampa Bay Buccaneers’ value, as the Glazer family, owners of the NFL team, recently turned down an offer exceeding $6.05 billion, according to a report by Sportico.

In 2020, @Sportico valued the @Buccaneers at $2.3 billion

They just turned down an offer to sell the team for $6 billion

No franchise’s value has increased more in the past 4 years (+139%) pic.twitter.com/8K1iSp1T3O

— Lev Akabas (@LevAkabas) August 14, 2024

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The offer, made by a “qualified buyer,” would have set a world record for the highest price paid for a sports franchise.

However, the Glazers decided to hold onto the team, despite their history of selling partial control of their sports assets. Earlier this year, they sold a 25% stake in Manchester United for $1.6 billion.

The Buccaneers were valued at $4.2 billion in Forbes’ latest rankings, placing them 24th among the 32 NFL teams. The Glazers purchased the team in 1995 for $192 million, demonstrating a massive increase in value over the years.