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Top Sports Franchises in History

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Investors look for the most stable business opportunities that will transcend unpredictability. And for this reason, they tend to look beyond retail, food and beverage, hospitality industries, and eye sports franchises. Why? It’s simple. Sports is perpetual as long as there are raving fans who support their favorite sports teams. And mind you, this can be REALLY good business. So if you’re wondering what the top sports franchises in history are, read on. 

What are sports franchises? 

Sports franchises are investing or buying sports teams in a professional sports league like NFL, MBL, or NBA. These major sports leagues consist of various teams that are considered private entities and sold to investors. 

Although sports franchises are lucrative, analyst Lee Corso from ESPN said it’s also as volatile as traditional businesses. But you’d be surprised to know that sports franchises have become multi-billion-dollar industries. Yes, you read that right. 

These investors earn from different revenue pipelines every season and even off-season. For instance, the NBA lures in revenue from television by signing million-dollar contracts with big networks. It also gets revenue from tickets in every game, which amasses around 150,000 attendees at $70 per ticket. 

Also, NBA teams enjoy the revenue from Jersey Patch, wherein teams promote brands by wearing their logos on their jerseys. Finally, NBA teams get contracts with industry giants by signing deals and sponsorship that cost millions or billions. But does this cover the team expenses? You wouldn’t have enjoyed watching your favorite sports league every year if it didn’t!

The advantage of sports franchising is that teams strike an emotional chord with their audiences. And this gives them a loyal base of followers, which is the reason for the team’s success. 

Unfortunately, sports franchises aren’t immune to economic downfalls. The success will also depend on factors such as the pandemic, which prevented major sports leagues from organizing sports events. Another reason this business could be volatile is the sales could rely on the attendees’ income or life situation. 

However, sports is good entertainment, which means people will support it no matter what. The operating expenses for sports leagues include the players’ salaries, which vary from season to season. And while this impacts profitability, major sports leagues still generate profits yearly. And this is why we will cover the top sports franchises in the next section.

7 Top sports franchises in history

Let’s take a look at the top sports franchises that’ll make you want a sports team of your own!

1. Dallas Cowboys (NFL) – $6.5 billion

dallas cowboys logo

The Dallas Cowboys has been the NFL’s most valuable team for 15 consecutive years. It is worth $6.5 billion, as rated in Forbes’s annual rating for the richest sports leagues worldwide. Its biggest revenue increase in the last five years was from different streams like media rights deals, investments, and partnerships.

2. New York Yankees (MLB) – $6 billion

new york yankees logo

The New York Yankees are where they should be — on top and loving it! This sports league team is one of baseball’s top sports franchises, valued at $6 billion. They sit behind the Dallas Cowboys but are thriving financially. Although they are enjoying their well-deserved second-place spot, the team aims to stay below the MBL luxury tax for years. Considered the biggest spender in international baseball, the projected payroll in 2022 is around $239 million.

3. New York Knicks (NBA) – $5.8 billion

new york knicks logo

The New York Knicks has received an exemplary following from millions of fans worldwide, which is why they’re the most valued team in the NBA. Add to that success is the geographical location. New York is one of the U.S. states with the most population at around 19 million in 2022. And let’s not forget the New York Knicks consistently enjoying a good regular season. 

After the 2020 season, the New York Knicks made it to the top three most successful franchises in the history of the NBA. This valuation at $5.8 billion is up 16 percent from the previous year. 

4. Golden State Warriors (NBA) – $5.6 billion

golden state warriors logo

The Golden State Warriors put the Boston Celtics to shame within seven years during its fourth NBA championship. That winning streak is responsible for the Golden State Warriors’ high valuation at $5.6 billion. 

A little fun fact is that Peter Gruber and Joe Lacob bought this team in 2010 for a whopping $450 million! The team even paid the luxury tax this year, around $184 million. A luxury tax is paid when team players are paid exorbitant salaries. But guess what? The team’s value has increased tenfold today. 

5. Los Angeles Lakers (NBA) – $5.5 billion

los angeles lakers logo

Snatching the third spot in the top sports franchises in professional basketball is the Los Angeles Lakers. Since the Lakers sold a minority stake to the LA Dodgers owner, it created a ripple effect that increased the team’s valuation to $5.5 billion. 

6. New England Patriots (NFL) – $5 billion

new england patriots logo

The New England Patriots have endured losses in 20 years and played an entire season without a huge fan welcome in the Gillette Stadium. However, they’re still the second-most valuable team in the NFL. The New England Patriots are worth $5 billion, which is up by 14 percent from last year. 

7. New York Giants (NFL) – $4.85 billion

new york giants logo

The New York Giants enjoy its spot as the third-most valuable NFL team, valued at $4.85 billion. While this NFL legend is hoping to increase revenue both on and off the field, the Giants still enjoy a 13 percent boost in evaluation from 2020. The new leadership, under head coach Joe Judge, also saw an annualized change, which grew by 12 percent. 

Conclusion

Fans worldwide always anticipate the next baseball, football, or basketball season. This is why sports franchising is an excellent business to invest in if you have millions to burn. And while investors enjoy their revenue, global sports fans can also enjoy watching on television or sitting on stadium seats and cheering on their favorite teams. So it’s a win-win for everyone. 

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Taylor Swift’s Fortune: The Billionaire Behind The Eras Tour

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taylor swift eras tour

Taylor Swift’s journey in music has been nothing but extraordinary, phenomenal, even. From a young country music singer-songwriter to a global pop culture icon, she has consistently pushed the boundaries of what it means to be a successful artist. With a $1.6 billion real-time net worth as of this writing, her fortune is built not only on her musical talent but also from her savvy business acumen and deep connection with her fans.

Taylor Swift’s Rise to Stardom

Image Source: Forbes

First making a name in the world of country music, Taylor Swift began her musical journey as a teenage prodigy. She signed with Big Machine Records at the age of 14, and by 2006, she had released her self-titled album. 

This gained her much-needed attention, thanks to the incredible mix of catchy melodies, heartfelt lyrics, and a distinct country-pop sound. A few tracks (Tim McGraw and Teardrops on My Guitar) became instant hits and anthems for her young listeners. Swift’s amazing ability to capture the complexities of adolescence resonated loudly with fans and, with much authenticity, built her a loyal following.

The release of her 2014 album, 1989, showcased Swift’s exploration of a broader musical territory. Her transition from country to pop was met with critical and commercial success, paving the way for a larger global audience and expanding her reach beyond country music. This album cemented her position as a mainstream pop icon.

Since then, Swift has garnered recognition, including 12 Grammy Awards, while solidifying her status as a cultural icon.

The Business of Taylor Swift

Another significant component of Taylor Swift’s success comes from her keen business acumen. Early in her career, she made one of her most strategic moves: securing the ownership of her songwriting rights. Her deal with Big Machine Records resulted in the label owning the rights to her first six albums.

To gain control over her creative work, Swift rerecorded and rereleased her music, calling them Taylor’s Versions. This was met with immense commercial success while raising awareness about the challenges artists face in the music industry. This positioned her as a voice for change and a powerful advocate for fellow musicians.

The business savvy didn’t end with Taylor Swift’s music. Endorsements, investments, and partnerships also added to her wealth. Then there’s the merchandising empire, which is a huge part of Taylor Swift’s financial success. Swifties, as her fans call themselves, are fiercely loyal and would buy exclusive merch tied to Swift’s albums, tours, and personal branding.

The Financial Impact of “The Eras Tour”

Image Source: Taylor Swift website

And the buck doesn’t stop there. The Eras Tour has been a game-changer for Taylor Swift. It set new records and reshaped the live music industry. It became one of the highest-grossing in history, with some estimates at over a billion dollars in revenue. While it showcases her universal appeal, it also boosted economies in cities around the world.

Each of Swift’s performances became a celebration of her musical journey. They were replete with stunning stage designs, elaborate setlists, and personal storytelling, creating an immersive experience that gave the show a once-in-a-lifetime feel.

The influx of Swifties impacted host cities economically. Local businesses such as hotels, restaurants, and transportation benefited greatly from the tour. 

Taylor Swift: The Savvy Businesswoman

Carefully managing her brand and image led Taylor Swift to success beyond her music. She evolved with her audience but remained true to her values. Controlling her narrative, she has crafted a relatable yet aspirational persona that resonates well with millions. 

Additionally, Swift has aligned her brand with various social causes, reinforcing her image as a musician and entrepreneur who uses her success to make a positive impact. She does this by using her platform to speak out on issues such as LGBTQ+ rights, women’s empowerment, political activism, and overall encouraging change.

The Road to a Billion

Taylor Swift’s road to billionaire status is a result of her diverse income streams. We now know her wealth comes from music royalties, specifically The Eras Tour, merchandise sales, and smart investments. She further strengthened her financial portfolio by investing in real estate, tech companies, and her own production company.

When you compare her to other artists who have reached billionaire status, such as Rihanna and Jay-Z, you’ll see that her success is distinguished by her complete control over her music and brand. While others entered other industries like fashion and beauty, Swift focused on her music, tours, and merchandise, creating a self-sustaining financial empire.

The Cultural Phenomenon

Image Source: Taylor Swift website

There is no doubt, Taylor Swift is a cultural phenomenon, and this is thanks to her enduring connection with her fanbase, the Swifties. She has built a solid relationship with them through genuine interactions, storytelling, and a sense of community. She has shown an openness in social media that, alongside her relatable lyrics, connected her with fans on a deeper and more personal level.

Taylor Swift has indeed shaped pop culture and the entertainment industry by setting trends, challenging norms, and advocating for causes she believes in. From fashion trends to how artists navigate their careers, Swift has made her impact. Most importantly, her authenticity has set her apart.

She has displayed the ability to evolve musically while maintaining her values, earning her the loyalty of her diverse following. Her lyrics are deeply personal, touching on various subjects like love, heartbreak, and self-discovery, echoing the sentiments of her listeners on a universal level.

Final Thoughts

From a country music star to a global icon, Taylor Swift has to thank her unparalleled talent, strategic thinking, and deep connection to her fans. Her savvy business moves, groundbreaking tours, and authenticity have helped her amass a fortune while transforming her into a cultural phenomenon.

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On The Count Of Three Review

A past-due calling card for actor-director Jerrod Carmichael

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WARNING: This review, and this film, contain discussions of suicide.

A Dark Premise, A Wobbly Execution

“On the Count of Three” opens with a bold premise: two childhood friends make a suicide pact and spend their last day on Earth tying up loose ends. It’s certainly fresh, but what makes “On the Count of Three” feel oddly stale despite its originality?

It’s not that we’ve seen too many comedies about suicide before. It does, I suppose, bear some resemblance to other race-against-the-clock (Good Time) or apocalyptic (Seeking a Friend for the End of the World) comedies. Maybe it doesn’t commit to darkness as much as these comedies; there’s certainly a humanist core deep down here.

But I think we all sort of know why this movie can’t fully work in 2022: it’s a movie Jerrod Carmichael made in 2020. The director and star has seen a long-overdue rise to stardom in these past months after a series of false starts. He’d already had a breakout role in a hit comedy, a sitcom starring vehicle, a special directed by Spike Lee, and a recurring feature on 2019’s biggest album.

Last month, the stars finally aligned. He came out as gay, dropped a smash-hit comedy special, and hosted SNL all in the span of a week. It’s no surprise that Annapurna Pictures quickly moved to release On the Count of Three, which they picked up at Sundance in January 2021.

On the count of three: two men are talking

Here’s the rub: On the Count of Three lacks the self-assuredness of Carmichael’s recent rise. It doesn’t feel like the film, or the version of this film, that he would’ve made today. His performance as both actor and director is good, but held to a certain restriction.

Two Leads, One Day, A Lot of Pain

Carmichael plays Val, a down-on-his-luck laborer who ventures to commit suicide with the help of his recently-hospitalized friend Kevin (Christopher Abbott). 

While there’s a certain comical bleakness to Val’s life—he essentially shovels dirt for a living—there’s an interesting idea of suicidal ideation here. Val’s thoughts of killing himself don’t come from stagnation or trauma, but from dissatisfaction with achievement. He makes his first attempt right after getting a promotion, and we later learn that he had planned to propose to his now-pregnant partner, Natasha (Tiffany Haddish).

As director, Carmichael wisely avoids eating up the film and splits lead duties with Abbott. If anything, Abbott gets the real star showcase here, again proving his dynamic magnetism after a series of weirdo indie turns like Vox Lux, Possessor, and Black Bear.

The Black Comedy Balancing Act

Still, there’s a classic comedic duo chemistry here. Carmichael is the rock around which Abbott orbits. The setup also gives them plenty of opportunities to subvert that dynamic. When Val’s confrontation with his father (J.B. Smoove) gets heated, Kevin has to be the one to pull him back. But, when they come to blows, Kevin’s the one with the tire iron.

On the count of three, Penn and Teller get killed

Black comedy is always a tricky balancing act. Penn and Teller Get Killed is notorious for going all-in on nihilism and failing to connect. I think this film mostly succeeds, but its uncertainty with its own dark philosophy is, again, reflective of a more self-conscious point in Carmichael’s career.

Bleak, But Also Soft Around the Edges

In Kevin’s first scene, he delivers a monologue about how doctors have been trying to fix him since he was eight years old, and if his life was worth saving, they’d have done it by now. Much of the film follows Kevin’s quest to kill a childhood doctor who molested him (played by Henry Winkler). Ultimately, it’s Val who pulls the trigger, but only after he decides to choose life. His decision to choose life only comes after a guilt trip from Natasha, who lays out how he’ll still be guilty in death if he abdicates his responsibility as a father.

All of which is to say, this is in many ways a philosophically bleak movie. But at the same time, the humanism of the direction kind of betrays that philosophy. There are a lot of monsters around the central players here, but the cashiers, receptionists, and other random side characters they meet along the way are given a stark innocence.

That Ending: On The Count of Three

I’m not sure how I feel about any of this. Is it too bleak? Not bleak enough? Or just not made with enough confidence to come out strongly in either direction? Whatever the case, I think this movie hums along perfectly fine. Until the last minute.

For the most part, On the Count of Three is very insular. We’re never not following Val and Kevin, and it takes place over the course of a day that they spend almost completely alone. 

The final shot, which I won’t give away, finally pulls us out. We recognize that Val’s story is one of a million stories, all different, all wrestling with life and death, and all ending in the same rotten place. It’s certainly the most striking ending I’ve seen this year, and it made me think twice about the film overall.

On the count of three: a man with gun

Final Thoughts

When I’m reflecting on this year, I don’t think On the Count of Three will end up one of my favorites. Seeing how far Carmichael has come, this film’s steady, dry lob isn’t the catapult that Annapurna hoped it would be. Still, it’s a perfectly solid film. It’s absolutely worth seeing for its final shot alone. B
On the Count of Three is now playing at Landmark’s Ritz Five and available on digital.

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Failure to Launch: Why Pixar’s Lightyear is a Box Office Dud

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This summer’s movie season is now in full swing, and turnout is strong. Franchise films are facing a decline in dominance, but still hold a significant portion of the box office. In addition, original hits have proven that fresh storytelling can still break through.

Of course, challenges are there. With streaming habits, changing audience expectations, and the unpredictability of box office trends, studios are being kept on their toes. But one thing has remained constant: Pixar’s tentpole releases reliably soar past the billion-dollar mark.

Or so we thought.

pixar's lightyear
Image Credit: Pixar Wiki

Just before the pandemic, Pixar crossed a billion with Toy Story 4, one year after crushing it with Incredibles 2. Now, after a string of Disney+ releases, they’ve taken another big swing with the Toy Story spinoff Lightyear

Then, bullish projections had Lightyear nearing a nine-figure opening weekend and cruising to $500m from there. Instead, the family-friendly tentpole opened second, failing to surpass a plummeting Jurassic World Dominion.

Why did Lightyear flop?

You probably seen the headline: Lightyear bombs. Disappointing on its face, but the ramifications go far beyond the potential for a Woody’s Roundup spinoff film.

The past couple Pixar films (Soul, Luca, Turning Red) released exclusively on Disney+. Many maligned the shafting of these exciting animated films. It’s especially upsetting for Turning Red, which could’ve easily been one of 2022’s runaway box office hits.

Lightyear is the test. A new direction for Pixar’s biggest franchise. The most means-tested Pixar film gets the theatrical boost, and if it does well, the other movies follow. For this reason, it is a big deal that Lightyear flopped. So, what happened?

pixar's lightyear
Image Credit: Pixar Wiki

If you frequent Facebook, you’ve no doubt seen the “get woke go broke” narrative. A gay kiss, which was removed from the film and added back after Disney’s March “Don’t Say Gay” controversy, has gotten the film banned in several countries. Domestic concern trolls like Ben Shapiro, enamored by Saudi Arabia’s officially-sanctioned bigotry, ratcheted up scare pieces on the film in the past week.

In today’s new heights of parental hysteria, it wouldn’t surprise me if a few thousand families stayed home due to right-wing fearmongering. Still, history doesn’t really support the notion that this would have a substantial impact on box office. Multiverse of Madness made big bank with equally-major LGBTQ+ characters. If anything, it could be said that these films’ lack of a Chinese release upsets their box office returns, but that doesn’t explain a poor opening weekend.

buzz lightyear
Buzz Lightyear in Toy Story 2

Still others have pointed to the shafting of Tim Allen, replaced in the role of Buzz by Chris Evans. Allen’s performance in the Toy Story movies is iconic and truly fantastic. Still, I question the notion that $30 million went missing from beleaguered Tim Allen fans.

The other explanation? Marketing. Lightyear got off on the wrong foot with an unclear premise. Evans’ ill-fated explanation tweet only made matters worse. Is this about a real Buzz Lightyear in the Toy Story universe?

One could argue that even today, Disney hasn’t totally gotten their story straight. The movie itself explains that this is the movie that the Buzz Lightyear toy comes from. An ‘80s sci-fi movie that Andy saw. In theaters. In 1995. That’s styled like a 2022 blockbuster. You can see how people got lost.

On the other hand, we might just be asking the wrong question.

Did Lightyear flop?

pixar's lightyear
Image Credit: Disney Pixar

Of course, it’s too early to say definitively if Lightyear is a flop. That’s not what I’m arguing here.

We’re dealing with a case of Hollywood math, the same system by which Suicide Squad’s $750m profit is considered a dismal failure. Disney had the wrong idea about this movie as soon as they pushed it for a tentpole opening.

Lightyear’s $50m opening puts it in league with Coco and Cars 3, solidly ahead of true Pixar flops like The Good Dinosaur and Onward. It’s the highest opening for an animated film since Frozen II. With a COVID handicap still in play, that’s impressive.

Pixar’s mistake was to angle for a major franchise opening. They applied a post-pandemic framework to the nine-figure openings of Toy Story 4 and Finding Dory. They thought, reasonably enough, that parents would pay big money to turn out for a new, fresh installment in the beloved Toy Story franchise.

pixar's lightyear
Image Credit: Disney Pixar

Herein lies the real problem. Lightyear is not, in any meaningful sense, a Toy Story movie. It has name recognition, which Hollywood has come to treat as a golden rule over the past two decades. But it follows a completely different character, played by a completely different actor, in a completely different world.

Like I said earlier, Tim Allen’s Buzz Lightyear is truly great. But the character is only a toy with an inflated ego, being constantly hit in the face by reality like Sideshow Bob stepping on infinite rakes. So much as wondering about “the real Buzz Lightyear” misses the point of the character.

Lightyear may marginally be a victim of conservative backlash, or poor promotion, or even COVID woes. But fundamentally, it’s a victim of its own premise.

What happens now?

disney pixar elemental
Image Credit: Disney Pixar

Pixar’s next film, Elemental, is already slated for a theatrical release next summer. Barring a huge COVID flare-up or other societal collapse, they probably won’t go back on that. Down the line, other Pixar flicks in development may be looking at streaming releases if Disney has their way.

If anything, The Bad Guys’ recent success proves feature animation is doing fine. In a few weeks, the new Minions movie will likely confirm that. November’s Strange World will tell us if Disney’s animation department has any sort of long-term problem.

I can’t really recommend that you see Lightyear—in fairness, I haven’t seen it myself. If you want variety at the movies, the answer isn’t to support whatever Disney puts out. Live a little and see something out of your comfort zone. If Lightyear’s fate is already sealed, at least it won’t be at the expense of film as a whole.

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