People around the world take interest in different kinds of
sports. Successful athletes have billions of fans throughout the world who love
and support them. There are many types of sports which are famous throughout
the world like football and racing, whereas some sports are famous only in selective
areas of the world like hockey and baseball. Do you know about the most
profitable sports franchises? If not, Insider Monkey has a list that can tell
you about ten of them.
Given the number of sports fans around the globe willing to
support their favorite teams and athletes, regardless if it is from the NBA or
the NHL, or even Formula 1, there are franchises that could generate billions
of dollars annually. And so do you ever wonder where the million dollar
contracts of athletes came from? These million dollar contracts came from team
owners who know exactly the profitability of the sports they are involved in.
There are sports that are very lucrative for business. There
are teams that could draw crowds and fill up the entire stadium every game.
Aside from the ticket sales, another characteristic of 10 most profitable
sports franchises involve the affinity towards the market leaders willing to
pay sponsorship fees for the venue or for the team itself. To read more, visit 10
Most Profitable Sports Franchises.
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