SO YOU WANT TO OWN A SPORTS TEAM? WELL, HERE'S THE SKINNY
In BUSINESS WEEK's "Personal Business" section, Dennis Berman examines the procuring of pro sports teams, and writes, "all told, nearly 60 smaller leagues operate in traditional sports such as baseball and hockey, and in growing niches including bicycling and roller hockey." While "few teams clear an annual profit ... that doesn't mean ownership is always a financial dead end." Teams in a "popular league" will usually appreciate in value, even if they're not "profitable." BUSINESS WEEK lists the average price and operating cost of franchises in the CBA, National Lacrosse League (NLL), Professional Bicycle League (PBL) and the Roller Hockey League (RHL) (BUSINESS WEEK, 9/22).
LEAGUE AVG. NEW TEAM PRICE AVG. ANNUAL OPERATING COST