Sports Franchises for sale – What’s available?
Sports are already considered to be part of our life, our everyday living. And since it is already part of our daily living, professional sports are as well considered to be part of the industry or the economy in particular. For numbers of countries, sports are not just mere games but they treat professional sports as big business being part of the economy. If you have no idea, there would really be a lot of money if you are into engaging in the world of professional sports. You might encounter sports franchises on your way of generating money from professional sports.
Once you are planning to buy a team of professional sports, it is important that you must first understand how sport franchises work in order to be sure that you are into this kind of industry. You must think about numbers of factors that will help you out with moving forward in this business. There are many things that are needed to be considered once into the business of franchising. And it would be very different once you are to try it in the industry of professional sports. Your money will be at risk if you are not to think many times first before proceeding to sport franchises. But still, for many, professional sports really have its ability of making money and so providing the chance to generate more and more income through the years.
In North America, professional leagues are into comprising stipulated numbers of clubs which are known as sports franchises having field with a team each. These franchises have territorial rights particularly an exclusive territories that are large enough capable of covering the metropolitan areas for the purpose of having no local rivals. New team could only enter a said competition through votes of the current members and then a new place would then be put up for bidding by the would-be owners. And this would common refer as franchise system being introduced in baseball having the formation of the National League in the year 1876 and so being adopted by some other leagues in Northern America later.
Though the clubs that are considered to be members are corporate entities so separate from their leagues they would only operate under league auspices. Since the relationships are so close and maybe because these four major team sports leagues are representing the top level of game in the world, teams coming from North America never play competitive games in contrary with outside opponents. The league of North America, instead of any sport supporting body, would determine the rules on playing and scoring the game as well as rules for joining of players and also changing of teams. In connection with sport franchises within a professional sport, there is as well a franchise player? So, who and what is this? Franchise player is considered as an athlete that is not only the best player in the team but also a player that the team could build a franchise for the foreseeable future.
Consider some among the best teams that sports franchises determined as the best:
- Real Madrid – a club that employs Cristiano Ronaldo is worth of billions.
- Barcelona – Barca is considered as the most successful club in Spain with regards to winning overall titles. It is as well considered to be on the second place among the valuable clubs within the entire country.
- Manchester United – the owner is Glazer Family who as well owns the Tampa Bay Buccaneers.
- New York Yankees – Steinbrenners are considered to be the proud owner of all the tings pinstripes.
- Dallas Cowboys – Jerry Jones owns the most valuable NFL Team though he might be polarized.
- Los Angeles Dodgers – though Yasiel Puig is scared of thunderstorms still it doesn’t hurt the value of their team.
- Bayern Munich – aside from having the 2014 FIFA World Cup trophy, Germany also has this most valuable club.
- New England Patriots – Robert Kraft owns the franchise valuing almost billions aside from becoming the season ticket holder of the Patriots.
- Washington Redskins – it has a current franchise over billions may be as a result of Daniel Synder’s resistance to change the name cure of the team.
- New York Giants – the owners are John Mara and Steve Tisch sharing almost billions worth of value franchise.
In connection, sport franchises are into hiring advertising agencies as well in order to handle their advertising campaigns, may it be local, international or national. It is important that franchises are to look for the best advertising agency that will be capable of responding to your needs and also capable of competing with the increasing competition in the industry. And once advertising campaigns are effective and successful, there will also be greater chance for success on the part of the franchisee or for the clubs of a specific professional sport.
Additionally, another connections needed to be considered could be with the cable networks for the purpose of televising the games. The operators within cable networks would be negotiating with sports teams reassuring the right to broadcast or televise the game. It is of great importance that every game must be televised or broadcasted. Sports franchises are not to receive the revenue with regards to the rights of broadcasting up until the end of the lockout and so cable networks are not allowed to air certain games therefore reducing their revenue of advertising. The relationship of cable networks and sport franchises are considered to be of great importance. And also some other connections might include sport agents, stores and restaurants in order to have success in the said dimension of franchise in the industry of sports and business as well.
Since professional sports are already considered to be part of our daily life, it would as well be ideal if we are to make money out of these professional sports. In North America, making money out of professional sports could be very easy and that could be trough sports franchises making professional sports as way to make money and therefore succeed in life.
More interested in business format sports franchises? This article is coming soon, like our Facebook page to view when published.
To find out more Sports and Fitness franchises, take a look around our website.