Each year, Forbes publishes lists with the valuations for sports franchises and reviews of the businesses of the main professional sports leagues in North America. For this assignment, complete a review of the determinants of franchise valuation. In a narrative format, using the most current Forbes (www.forbes.com ) report and three scholarly sources, in addition to the textbook, write a paper that includes:
- Analysis of the economic determinants of professional sports franchise value.
- Evaluation of the franchise valuation of one sports franchise of your choice. In the valuation include factors such as, championships, price paid, revenue, operating income, debt/value, player expenses, gate receipts, wins-to-player cost ratio, revenue per fan, and metro area population.