Sports franchises

A sports franchise is a professional team that competes in a league, like the NBA or NFL. It’s a business entity with ownership, branding, and a roster of athletes representing the team. Franchises generate revenue from ticket sales, merchandise, broadcasting rights, and sponsorships. Ownership groups invest in players, staff, and facilities to compete at a high level. Success on the field can increase a franchise’s value, making it a valuable asset. Franchises also involve community engagement and local identity, often fostering passionate fan bases that support and promote the team year-round.