Arizona Cardinals

About

The franchise has appreciated 16.7% year-over-year to $4.2B, driven primarily by NFL media rights expansion and recovery in stadium economics at State Farm Stadium, which continues to serve as a multipurpose venue hosting NFL, MLS, and major events. Operating margins remain healthy at 15.9% despite competitive underperformance, with $440M in annual revenue sustained through a robust corporate sponsorship base and Arizona's growing Phoenix metropolitan market. The ownership transition to Michael Bidwill in 2019 brought operational stability, though the franchise's return to playoff contention will be critical to unlocking incremental value from a fanbase that has historically supported professional sports in an emerging sports market.