Building stadiums to create an atmosphere worthy of the major leagues can certainly start stacking up.
From the likes of the NHL’s Arizona Coyotes pitch for a $1.7 billion entertainment complex to the upcoming Buffalo Bills stadium, set to open in 2026, which has already racked up costs of over $1.4 billion, all sorts of teams are spending a wild amount of dollars on their home ground.
To discover which may actually be North America’s most valuable sports venues, the team at USBettingReport.com, your home to the best U.S. betting sites, has worked its magic and created a ranking based on stadium cost per square footage.
Which are the Major League’s Most Valuable Sports Venues?
Revealed to cost a whopping $1.829 billion, Madison Square Garden in New York takes the top spot as North America’s most valuable sports venue. Home to teams of both the NBA and NHL — the New York Knicks and New York Rangers — it’s perhaps one of the most iconic arenas worldwide, having hosted all sorts of historical events and music acts. That is to say; it’s not just a venue for contests across NY sportsbooks.
Next up with a cost of $1.826 billion is SoFi Stadium, located in Inglewood, California, and shared by the NFL’s Los Angeles Rams and Los Angeles Chargers. Having only opened in 2020, it’s already been the venue for events like Super Bowl LVI and Wrestlemania 39.
Taking the third spot is Levi’s Stadium, costing $1.565 billion and is, as you might have guessed, named after the popular clothing brand, Levi Strauss & Co. Opening in 2014, it’s already hosted Super Bowl 50 in 2016 and will see multiple FIFA World Cup matches in 2026.
SoFi Stadium is the Most Valuable NFL Stadium
Home to both the Los Angeles Rams and Los Angeles Chargers, SoFi Stadium is revealed to be the most valuable stadium in the NFL ($1.826 billion). Completed in 2020, it’s already hosted various major sporting events and, in the next few years, will host multiple matches of the 2026 FIFA World Cup and both opening and closing ceremonies for the 2028 Summer Olympics.
With a value of $1.565 billion, Levi’s Stadium in Santa Clara lands itself in second, which will be of interest to fans of the San Francisco 49ers. During the construction of the stadium, there was a big emphasis on sustainability and high-tech facilities, something it has become well-known for.
Third is Empower Field at Mile High, where you’ll find the Denver Broncos ($778.6 million). As the ground of the Broncos since 2001, its ‘Mile High’ name comes from the fact the stadium is built one mile above sea level.
Based on the research, the average NFL stadium is worth $559,926,031.
NBA’s Most Valuable Arena Goes to Madison Square Garden
Making another appearance at the top, but for the NBA specifically, is Madison Square Garden at $1.829 billion. Home to one of the most legendary NBA teams, the New York Knicks, it’s sometimes even called the ‘Mecca of Basketball.’
Second goes to Barclays Center, another New York venue, although this time in Brooklyn, with stadium cost coming in at $1.098 billion. Other than being the home to the Nets, it’s got another big role to play in the NBA, as the arena has been the location of the NBA Drafts since 2013, except for 2020, when it was via video call due to the pandemic.
Golden State Warriors fans might be impressed to hear that their very own Chase Center takes the third sport with an arena cost of $990 million. Interestingly, having only opened in 2019, fans were only finally allowed back at full capacity for the first time since the pandemic started during the 2021-22 NBA season, in which the Warriors went on to win another title. Therefore, you might say that having the fans return led the Warriors to victory.
Meanwhile, the average NBA sporting venue cost is $426,868,534.
MLB’s Most Valuable Ballpark is Petco Park
When it comes to Major League Baseball, Petco Park in San Diego, the home for the Padres, doesn’t just have great views of the city, but the ballpark cost is estimated to be $796.4 million. Notably, the old and iconic Western Metal Supply Company building, which was incorporated into the construction, has become a historic landmark in the city and holds the team store along with a restaurant and bar.
Located south of the Capitol, Nationals Park is just behind in second with a cost of $724.9 million. Completed in 2008, its green design meant that Nationals Park became the first major stadium in the US to be approved as a Leadership in Energy and Environmental Design (LEED) Structure.
Rounding out the top three for the MLB’s most valuable ballparks is Citi Field in Queens, where the famous New York Mets play ($668.4 million). It first opened in 2009, but the stadium pays homage to the former home of the Mets at Shea Stadium through the feature of orange foul poles or the Home Run Apple.
The average stadium in the MLB costs $338,995,955, according to the research.
MSG Tops Again for the NHL
Perhaps unsurprisingly, Madison Square Garden comes out on top for being the most valuable sports venue yet again, this time specifically for the NHL (stadium cost of $1.829 billion again). Fans of the New York Rangers will be very familiar with this impressive spot in the Big Apple.
The Boston Bruins’ very own TD Garden is the second most valuable at $800.3 million. A few decades old now, the stadium opened back in 1995 and has hosted a number of sporting events, such as the 1996 NHL All-Star Game, 1998 WrestleMania XIV, 1999 NHL Draft, and the 2014 U.S. Figure Skating Championships, to name a few.
Over in Canada is Scotiabank Arena, formerly known as Air Canada Centre, which is the place to be for fans of the Toronto Maple Leafs and takes the third spot ($752.8 million.). A multi-purpose arena, it was built on the side of the Canada Post Delivery Building, and in 2018, it was the 13th busiest arena venue worldwide, with ticket sales of 794,487.
Looking into what the average stadium cost is in the NHL, this is revealed to be $348,761,523.
To create the ranking, firstly, U.S. Betting Report pulled the square footage of every NFL, NBA, MLB, and NHL stadium/arena in America.
With these figures, U.S. Betting Report then multiplied them by the average price-per-square-foot of the surrounding neighborhood to discover each stadium/area price at the median price per square foot.
These were acquired from Redfin.com and Ojohome.com.
Photo: U.S. Betting Report