The sport industry is a very lucrative business world where several stakeholders now make quite a lot of money. Big moneybags across the world are increasingly growing interest in buying or owning football games and sporting clubs purposely because of its tendency to fetch in a reasonable amount of money. Going by this consciousness, there have been a number of those sport franchises which are now considered as the biggest franchises in the world of sports.
A franchise is a method of distributing products or services involving a franchisor, who establishes the brand’s trademark or trade name and a business system, and a franchisee, who pays a royalty and often an initial fee for the right to do business under the franchisor’s name and system.
Technically, the contract binding the two parties is the “franchise,” but that term more commonly refers to the actual business that the franchisee operates. The practice of creating and distributing the brand and franchise system is most often referred to as franchising.
Biggest Franchises in the World of Sports
So far, here are some of the biggest franchises in the world of sports that you may want to consider as ruling the world of sports by account of their values and financial worth in current estimation. Many of these franchises can be invested in as they are investors themselves under a bigger umbrella.
1. Dallas Cowboys
The American Football team are valued at $4.2 billion. Based in Dallas, Texas and owned by Jerry Jones – they top our list of the world’s most valuable sports franchises.
2. San Francisco Giants
This is one of the most popular leagues in America and it is known as MLB, whose focus is on Baseball. Currently it is worth of $3.1 billion in value. It was purchased in the year 1993.
3. New York Yankees
Baseball’s most valuable sports franchise are the New York Yankees, who are valued at an impressive $3.7 billion. Based in the Bronx, New York. Following George Steinbrenner’s death in 2010, the franchise is now co-owned by his two sons.
4. Manchester United
Since the birth of the Premier League, Manchester United developed their brand abroad with more success than any of their rivals to become the most valuable football franchise on the planet. They’re now valued at $3.69 billion.
Not only do Barcelona boast some of the world’s best footballers, they’ve also grown as a franchise and are now valued at $3.64 billion.
6. Real Madrid
Barcelona’s La Liga rivals may have won the title and a Champion’s League trophy last season, but it’s not enough to see the Florentino Perez owned team move ahead of their rivals – they’re valued at $3.58 billion.
7. New England Patriots
The current Super Bowl champions, the New England Patriots are valued at $3.4 billion. Tom Brady’s talent may well have a hand in this.
8. New York Knicks
The first basketball team on our list! Despite the fact the Knicks haven’t won much for a long time, they’ve still got one of the most recognizable brands in the world and are valued at $3.3 billion.
9. New York Giants
Another New York based team – the Giants are owned by John Mara and Steve Tisch and are now valued at an impressive $3.1 billion. They last won the Super Bowl in 2011.
10. Los Angeles Lakers
Playing at the Staples Centre in Downtown Los Angeles, the Lakers have been a bit quieter since their glory days with Shaquille O’Neal, Kobe Bryant (and Magic Johnson if you go further back). Despite this, they’re still a franchise where the brand seemingly always remains strong. They’re valued at $3.0 billion.
11. San Francisco 49ers
Having won 5 Super Bowl championships, the franchise most famous for ‘The Catch’ round off our list with a value of $3.0 billion.
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