Sports Franchises in the US - Market Research Report (2014-2029)

Live action: Corporate sponsorships and broadcasting contracts will support growth

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

Sports franchises provide entertainment to millions of people in the US annually, but only individuals and collective owners in the highest income brackets can afford to operate a sports franchise. Depending on the sport, the value of a professional franchise can range between $200.0 million and $5.7 billion in total assets. Team owners are responsible for generating revenue through ticket sales, media deals and endorsements, maintaining team facilities and building a winning team. These revenue streams help maintain steady profit. Generating robust and diversified revenue streams to keep the business growing season to season is crucial for success.

This industry comprises sports teams or clubs that participate in live professional or semiprofessional sporting events (e.g. baseball, basketball, football, hockey, soccer and other team sports) before a paying audience. The sports franchises included in this industry may or may not operate their own facilities for staging games or other spectator sports events.