Some of the most expensive sporting franchises in the world

Some of the most expensive sporting franchises in the world – words Alexa Wang

I will be going through two of New York’s biggest sporting franchises. Firstly New York Knicks, the most expensive Basketball franchise in the world.

Being worth over $3 billion makes them the most expensive basketball franchise. Established in 1946, the organisation was a founding member of the Basketball Association of America. Which later became the NBA after a merger with the rival national Basketball League in 1949. The New York Knicks were also the first professional team to sign an African- American player, Nat “Sweetwater” Clifton, around the 1950’s.

Next and finally, The New York Giants. The American football team is worth around $3.1 billion. Currently owned by John Mara and Steve Tisch. There are also thousands of different UK franchises out there in todays market. The New York Giants was founded with an investment of $500 in 1925, they are now worth $3 billion, so as you can imagine that was a very worthwhile investment with everyone who is involved.

sporting franchises

Some of the most expensive sporting franchises in the world – words Alexa Wang

Tags:

You May Also Like

save money when shopping online

Online shopping tips: How to save money when shopping online

words Al Woods If you are like the millions of people from different parts ...

noises that irritate

Common noises that irritate people

words Al Woods Even though the threshold for nuisances is different for every person, ...

quit smoking

Vaping as the first step to quit smoking: Does it really work?

words Al Woods The comparatively short history of vaping is full of bright events: ...

scholarships California

How To Find College Scholarships In California

words Alexa Wang Education is an important and worthwhile investment. It’s one of the ...