The 10 Sports Franchises Most Likely To Move
Posted: Tue Oct 14, 2008 10:43 am
http://sports.yahoo.com/top/news?slug=y ... &type=lgns
What do the Minnesota Vikings, Buffalo Bills, Florida Marlins, Tampa Bay Rays, New York Islanders and New Orleans Hornets all have in common?
Dreary stadiums they don’t own and stalling businesses eager to rake in more cash. In other words, they’re all ripe for a move. And that means city or state governments around the country can expect them to come calling for help financing a new venue.
Based on franchise valuations, revenue and attendance trends over the past few years, the most stagnant team businesses – those with the greatest likelihoods of hitting the road at some point – are those stuck in outdated arenas and stadiums. While market size drives local sponsorship deals and TV money, souped-up venues that drive revenue through high ticket prices, luxury suites and corporate packages are the order of the day. You don’t have that, you’re not in the game.
What do the Minnesota Vikings, Buffalo Bills, Florida Marlins, Tampa Bay Rays, New York Islanders and New Orleans Hornets all have in common?
Dreary stadiums they don’t own and stalling businesses eager to rake in more cash. In other words, they’re all ripe for a move. And that means city or state governments around the country can expect them to come calling for help financing a new venue.
Based on franchise valuations, revenue and attendance trends over the past few years, the most stagnant team businesses – those with the greatest likelihoods of hitting the road at some point – are those stuck in outdated arenas and stadiums. While market size drives local sponsorship deals and TV money, souped-up venues that drive revenue through high ticket prices, luxury suites and corporate packages are the order of the day. You don’t have that, you’re not in the game.