As a follow up to one of our previous posts, we commissioned Curvity Design to create an infographic to demonstrate the risk vs. the reward in purchasing a professional sports franchise (including the Forbes’ evaluation of team value at or near the time of the team’s sale). Hope you enjoy the results! Thanks to Laura Bennett at Curvity Design for developing the graphic…great work Laura! Follow her on Twitter at @curvitydesign. She is also on Facebook at facebook.com/curvity and her website is www.curvity.com.
Also, many thanks to our blog manager, Griffin Booth, for his efforts in researching data for this infographic. You can also see his previous post on the topic (“How Accurate are Forbes Franchise Evaluations?”) by clicking here.
Not pictured in the infographic is the current tug-of-war for the rights to the NBA’s Sacramento Kings franchise. Reports suggest the franchise could be sold for upwards of $500 million, while Forbes currently puts a $525 million valuation on the team. The current owners of the franchise paid just $156 million for the Kings in 1998.
Griffin Booth is in his first year as Sports Career Consulting’s Blog Manager. He is a recent Washington State University graduate where he majored in communications with an emphasis in broadcasting. Booth began his career as an intern with sports radio 950 KJR in Seattle where he was responsible for managing the show’s podcasts. He later gained experience as a news anchor, producer, and reporter for Cable 8 news in the greater Pullman area. In addition to his role with Sports Career Consulting, he is currently an intern with Washington State University’s Cougar Athletic Fund, helping to raise money for student-athlete scholarships. Born and raised in Seattle, Booth is a huge fan of all Seattle sports. For any questions, comments, or feedback please feel free to contact Griffin by email at firstname.lastname@example.org. You can also follow him on Twitter @gbooth6.