Art Modell Net Worth (Updated 2025).
Art Modell, born in Brooklyn, New York, in 1925, began his career in the sports industry at a young age. After serving in the U.S. Navy during World War II, Modell returned home and secured a job with the National Football League (NFL) as an assistant to the league’s commissioner, Bert Bell. This opportunity allowed him to gain valuable experience and make crucial connections within the world of professional football.
Modell’s big break came in 1961 when he was named the general manager of the Cleveland Browns. In this role, he oversaw the team’s operations, including player acquisitions and coaching decisions. His leadership was instrumental in the Browns’ success during the 1960s, as they won the NFL Championship in 1964 and appeared in the championship game five times between 1964 and 1969.
Table Of Contents
Art Modell’s Current Net Worth (2025)
As of 2025, Art Modell’s estimated net worth is $500 million. This figure reflects his successful career in the NFL and his various business ventures.
Art Modell’s Career
Art Modell was a prominent figure in the National Football League (NFL). He owned the Cleveland Browns from 1961 to 1995, then moved the team to Baltimore in 1996, renaming it the Baltimore Ravens. He was inducted into the Pro Football Hall of Fame in 2012.
Other Ventures
Before his NFL career, Modell worked in advertising and public relations. After selling the Ravens in 1999, he became a sports radio talk show host and a television analyst. He also served on the board of directors for several companies.
Assets
Modell’s assets include real estate, primarily in Cleveland and Baltimore, and investments in various industries. He also owned a stake in the Cleveland Indians baseball team from 1986 to 1992.
Annual Income
Modell’s annual income varied throughout his career. In his peak years with the Browns and Ravens, his income was estimated to be in the tens of millions. Post-retirement, his income came from his investments and media work, with an estimated annual income of around $5 million.
Frequently Asked Questions about Art Modell
**Frequently Asked Questions: Art Modell Net Worth**
1. What is Art Modell’s net worth?
Art Modell’s net worth is estimated to be around $500 million.
2. How did Art Modell make his fortune?
Art Modell made his fortune primarily through his career as a businessman and sports team owner. He was the owner of the Cleveland Browns and later the Baltimore Ravens in the National Football League (NFL).
3. What was Art Modell’s occupation before he owned the Browns?
Before owning the Browns, Art Modell worked in various business ventures. He was a successful car dealership owner and also worked in the steel industry.
4. When did Art Modell purchase the Cleveland Browns?
Art Modell purchased the Cleveland Browns in 1961.
5. Why did Art Modell move the Browns to Baltimore?
Art Modell moved the Browns to Baltimore in 1996 due to financial struggles and a lack of stadium support in Cleveland. The team was then renamed the Baltimore Ravens.
6. What was Art Modell’s role in the creation of the NFL’s revenue sharing plan?
Art Modell played a significant role in the creation of the NFL’s revenue sharing plan, which was implemented in the 1960s. This plan helped to equalize revenues among teams and contributed to the league’s growth and success.
7. Did Art Modell have any other business ventures besides owning the Browns and Ravens?
Yes, Art Modell was involved in various other business ventures throughout his life. He owned car dealerships, worked in the steel industry, and also had interests in real estate and other investments.
8. What awards and honors has Art Modell received?
Art Modell has received numerous awards and honors, including induction into the Pro Football Hall of Fame in 2012. He was also the recipient of the NFL’s Pete Rozelle Award in 1999, which recognizes outstanding contributions to the league.
9. How did Art Modell contribute to the growth of the NFL?
Art Modell contributed to the growth of the NFL through his innovative ideas, such as the revenue sharing plan, and his commitment to improving the league’s television coverage. He was also instrumental in the development of the NFL’s international series of games.
10. What was Art Modell’s legacy as an NFL owner?
Art Modell’s legacy as an NFL owner includes his role in the growth and success of the league, as well as his impact on the cities of Cleveland and Baltimore. He was a pioneering owner who helped to shape the modern NFL, and his teams won two Super Bowls (XXXIV and XXXV).