Business Chief US+CAN Magazine March 2020 | Page 92

TOP 10

07

Washington Redskins

$ 3.4bn

92
Established in 1932 , the Washington Redskins are one of the most dominant franchises in the NFL . The franchise has gone through several name changes over the years , starting its journey as the Braves . In 1933 , it moved to Fenway Park ( Boston , Massachusetts ) changing its name to the Redskins , however , George Marshall ( former owner of the Washington Redskins ) wasn ’ t happy with Boston , and moved the team once more to Chicago , before finally settling in Washington D . C . in 1937 adopting the name Washington Redskins . Today , the franchise has an operating income of US $ 120mn , and its home ground is FedEx Field - owned by the team - which opened in 1997 , costing US $ 250mn to build and has a capacity of 85,000 . MAJOR SPONSORS
Anheuser-Busch InBev , Bank of America , FedEx and PepsiCo .
MARCH 2020