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Top 10 Teams Worth a Combined $2.4 Billion
Golden State and NBA Dominate 2018 Rankings
Austin, TX – Dec. 20, 2018 (PRNewswire) MVPindex, the standard for real-time audience measurement in sports and entertainment, today released its 2018 ranking report of the Top 50 Teams in social media. For this year’s list, MVPindex looked at the social media platforms and content that delivered for the five major U.S. professional sports leagues – NBA, NFL, MLB, NHL and MLS.
To determine the most valued teams, MVPindex ranks them using a proprietary algorithm called the MVPindex Engagement Value Assessment® or EVA, which evaluates all of their social activity throughout the past year to determine the potential market value of a property’s social media footprint, including but not limited to: Reach (fans, followers, impressions), Engagement (likes, comments, shares, retweets, favorites) and Conversation (positive/negative mentions).
The NBA continued its domination of the annual rankings in 2018, taking four of the Top 5 spots on the list, including the year’s Number 1 team, the Golden State Warriors, whose social footprint is worth an estimated $512 million. The Cleveland Cavaliers ($365 million) and the Los Angeles Lakers ($294 million) finished No. 2 and No. 3, respectively, while the Boston Celtics came in at No. 5 ($180 million).
The year’s most valuable Major League Baseball (MLB) team is the Los Angeles Dodgers at the No. 4 spot overall with an EVA of $269 million, and the Dallas Cowboys, who finished ranked at No. 6 overall with an EVA of $173 million, claimed the top spot in the National Football League (NFL). Rounding out the Top 10 are the Houston Rockets (No. 7); the Boston Red Sox (No. 8); the New England Patriots (No. 9); and the Chicago Bulls (No. 10).
The year’s highest-performing National Hockey League (NHL) team was the Pittsburgh Penguins who finished at No. 25 overall with an EVA of $66 million, while Major League Soccer (MLS) team Atlanta United topped its peers with an EVA of $27 million, landing it outside the Top 50 at the No. 64 spot overall. The complete list of the 2018 MVPindex Top 50 Teams and additional insights can be found here. For a look at MVPindex’s Winning Moments in Social 2018, click here.
This year’s Top 5 teams in terms of social media market value also happen to be the Top 5 teams in terms of social media engagement. This comes as no surprise to MVPindex Chief Marketing Officer Kyle Nelson.
“For properties and the brands that sponsor them, engagement is the best indicator of how much value they are delivering across social,” Nelson said. “It’s not necessarily about how many followers a team or player has or even how often they post, though both are certainly important. Rather, it’s about the quality and authenticity of the content and how deep and often their fans engage with it. This year’s rankings prove once again that social media has the power to build deeper relationships with fans and deliver real ROI.”
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About MVPindex
Since its founding, MVPindex has become the de facto social media measurement and valuation platform in sports and entertainment. MVPindex measures audience engagement and values sponsorship activations for nearly 100,000 popular and niche social accounts across hundreds of millions of social posts. In 2018, MVPindex unveiled MVPaudience (powered by Umbel) as the standard for activating, understanding and reaching audiences, amassing 10 billion data points on more than 50 million fans. MVPindex works with 100-plus brands, properties and agencies including adidas, Anheuser-Busch InBev, Endeavor, NASCAR, Oakley, Front Gate Tickets and numerous professional sports teams across all major leagues.