Question
Examine the Forbes team valuations across major sports leagues such as the NFL, NBA, MLB, and NHL. Based on this discussion, answer the following questions.
Examine the Forbes team valuations across major sports leagues such as the NFL, NBA, MLB, and NHL. Based on this discussion, answer the following questions.
1) Why do the MLB team values in Forbes report vary to a greater extent than NFL team values? How do factors pertaining to the revenue stream and/or league policies contribute to these differences in team valuations?
2) And what implications do these differences have for the financial sustainability and competitiveness of MLB and NFL teams in the long term?
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1 Why do the MLB team values in Forbes report vary to a greater extent than NFL team values Forbes estimates that the average Major League Baseball team is valued 178 billion up 8 from the previous ye...Get Instant Access to Expert-Tailored Solutions
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Principles of Macroeconomics
Authors: Karl E. Case, Ray C. Fair, Sharon E. Oster
12th edition
134078802, 978-0134078809
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