Tuesday, March 27, 2012

The Los Angeles Dodgers Are Now the Most Valuable Sports Franchise on Earth

The MLB Wars have finally ended in the most epic way possible. Last year, Forbes estimated the value of the richest sports clubs in the world, Manchester United topping the list at a worth of $1.86 billion. A group of investors including former Lakers legend Magic Johnson were announced today as being the winners of the bid to own the Los Angeles Dodgers with a winning bid of $2 BILLION. That makes the Dodgers far and away the most valuable baseball team in the world, and most valuable sports franchise on the planet.

The fact alone that Magic Johnson is one of the owners of the Dodgers will create guaranteed ticket sales for the Dodgers, who will be eager to pour in money for the team and the investors can quickly recoup what they spent. Last year, many passionate Dodger fans blatantly avoided going to games to avoid giving Frank McCourt money, although it did lead to bankruptcy for the Dodgers and cutting salaries of Dodger employees, including legendary play-by-play announcer Vin Scully.

No comments:

Post a Comment