We might be in the electronic gaming era, but it’s more like a fun mettlesome of Monopoly this business for pleasure of sport franchise ownership. The stakes are high, spending free, and visible worries few.

Despite the escalating fees for entry into the game, personal franchise ownership hasn’t been replaced by corporations. Of 121 big association professional sports franchises, only 15 have found their artefact into corporate hands. Most owners claim to be losing money which would explain takeover shyness of shareholder controlled companies. It’s nicer to think sole owners don’t want to sell because sports ownership is too much fun. A nice break from the normal business routine that brought them their wealth in the first place.

What are these businesses worth?

Unlike traditional industry, sport franchises derive their continuance from their knowledge to generate revenue. There are several reasons for this. Within a league, other owners are not the competition. Operating expenses are comparable digit aggroup to another. Revenues tend to move in relation to on field performance, the filler of the venue, and home market size. Sharing in lucrative domestic broadcast rights is equal across an entire league.

Depending upon the sport, estimated values vary considerably but, within a given association and except for a some exceptions, franchise values are fairly closely grouped.

NFL franchises are greatest in value, topped by Washington Redskins, the first sport franchise in America to exceed $1 billion in value. Football is so far ahead of other sports, of the 33 top franchises, 32 are football. Only the Yankees, interrupt the string. Still, the lowest valued NFL team, Arizona Cardinals, is a order half billion.

Los Angeles Lakers, the jewel of the NBA are worth $500 million, putting them in a redact more or less similar to the Dodgers and Mets of MLB. You could trade the top 8 NFL teams to acquire the entire NBA. That works out to something like $7.6 billion.

The first NHL aggroup is well down the list at $270 meg for the Detroit Red Wings but, that’s still $15 meg more than the Tigers. In fact, the 2 to 300 meg range represents the most common price tag in sports. There’s a good mix of  40 NHL, NBA, and MLB teams all in that grouping.

The truth is that anything, sports franchise or otherwise, is only worth what someone is willing to pay for it. The allure of sport aggroup ownership is the genuine value.