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An Economic Analysis Of The Rise In Franchise Values In The Four Major North American Sports Leagues From 2008-2016, Anthony Alan Desantis
An Economic Analysis Of The Rise In Franchise Values In The Four Major North American Sports Leagues From 2008-2016, Anthony Alan Desantis
Honors Theses
North American professional sports franchise values have been growing rapidly over the last 10 years, leading some to wonder how this rise might mirror previous economic booms such as those of the internet and housing sectors, and thus impact the future of the sport industry. To investigate this phenomenon, financial and other team-specific data was acquired from Forbes, while metropolitan area statistics were mostly gathered from the Bureau of Economic Analysis and the U.S. Census. The results of this study showed that revenue, metropolitan area population and GDP, multiple teams in the same metro area and the same league, and …