Ryan Smith is no stranger to owning sports teams after buying the Utah Jazz in 2020 and acquiring the Utah Mammoth in 2024. The Mammoth are already enjoying success under Smith’s ownership, carrying solid NHL betting odds most nights.
Below, I’ll break down how Smith’s net worth ranks among the richest NHL owners, as well as how he amassed his fortune.
How Much Is Ryan Smith Worth?
Smith has a net worth of $2.6 billion according to Forbes.
How Did Ryan Smith Make His Money?
Smith cofounded Qualtrics in 2002, a cloud-based computing company, and sold it to SAP for $8 billion in cash in 2019.
The Jazz have also more than doubled in value since Smith purchased the NBA franchise in 2020.
How Much Did Ryan Smith Pay For the Utah Mammoth?
Smith paid $1.2 billion to acquire the franchise formerly known as the Arizona Coyotes in April 2024. He relocated the team to Salt Lake City and renamed them the Utah Mammoth.
How Much Are the Utah Mammoth Worth?
The Mammoth are worth approximately $1.5 billion according to Forbes.
The content provided in this blog is intended for entertainment purposes only. All views and opinions expressed are the authors and reflect their individual perspectives on sports, betting, and related topics. This content should not be considered professional betting advice or the official views of BetMGM LLC. Please gamble responsibly. If you or someone you know is experiencing issues related to gambling, seek help from a licensed health professional. This blog is not liable for any losses, damages, or consequences resulting from betting activities.
