According to Hambrecht, national TV rights fees are the big growth driver here.
Here’s a longer view:
Within the NFL, the Dallas Cowboys lead all franchise valuations, while the Jacksonville Jaguars remain in the basement:
In baseball, we all know the Yankees blow everyone out of the water, both in overall value as well is in growth; meanwhile, Pittsburgh is worth less than one-fifth of the Bronx Bombers:
The spike at the top of the NBA represents the Los Angeles Lakers while Memphis, Minnesota, Indiana and Milwaukee struggle to retain audiences:
And in the NHL, I suppose we shouldn’t be surprised that a Canadian franchise—Toronto—is more valuable than most NBA franchises and in line with the average baseball franchise. As for the low end, it will always be a mystery to me why anyone ever thought Phoenix was a viable market:
At a later date, I’ll incorporate this into a more international context.
Get the report here.
Related reading: “They Taught America How to Watch Football” at the Atlantic Monthly
