fbpx
Connect with us

Entertainment

Top Sports Franchises in History

Published

on

sports logos

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. 

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Entertainment

Top 6 Millionaire Celebrities Under 30

Published

on

top 6 millionaire celebrities under 30

While some dream of striking it rich before the first gray hair sprouts on their heads, these celebrities are already there. Using brains, hustle, and a sprinkle of stardust, these financial titans are crushing it, and crushing it real good! Here are six millionaires under 30:

Jaden Smith (25 years old)

jaden smith

Image Source: FN

At 24, first on our list is Will Smith and Jada Pinkett Smith’s son, Jaden Smith. Playing around with his creativity in music, acting, and fashion while amassing a net worth of around $8 million. He built his empire starting with Justin Bieber’s song “Never Say Never,” which launched him into stardom.

Many dismiss this success as riding on his parents’ coattails; however, the hits kept coming, proof that the guy was carving his own path. Next, he conquered films with starring roles in The Karate Kid, After Earth, The Get Down, and many others. By this time, he has co-founded the fashion brand MsftsRep.

Millie Bobbie Brown (19 years old)

millie bobbie brown

Image Source: Wallpapersden

Not just Eleven from Stranger Things, Millie Bobbie Brown has become a global phenomenon. While her fantastic portrayal of the innocent but powerful girl in the Netflix series was what catapulted her to fame, Millie is more than that. Slowly, she is building her empire with her brilliant acting, producing, and entrepreneurship skills, inspiring Gen Zs and millennials worldwide.

Millie Bobbie Brown’s net worth of around $20 million comes from her acting endeavors Godzilla: King of the Monsters and Enola Holmes, proving that she went far beyond the sleepy town of Hawkins. She also launched her cosmetics, Florence by Mills, a vegan and cruelty-free line for teens. Millie is also UNICEF’s Goodwill Ambassador, raising awareness for children’s rights and climate change.

Tom Holland (27 years old)

tom holland

Image Source: Rock & Pop

You may know him as the friendly neighborhood Spiderman, but did you know Tom Holland is also the adorable kid flying through the air in Billy Elliot? And did you also know that his net worth is estimated at around $20.6 million? This comes from his roles in the Spiderman franchise as well as other acting stints.

Aside from his immense talent, his meteoric rise comes from several endeavors, the films Cherry, Chaos Walking, Uncharted, and many others. Beyond dancing and web-slinging, Tom also has a heart of gold. He is an advocate for mental health awareness and many other causes.

Ryan Kaji (12 years old)

ryan kaji

Image Source: NWC

When they say to start them young, this YouTuber did as he was told. Ryan Kaji, at 12 years old, is one of the world’s most popular content creators on the platform. He has more than 34 million subscribers and over 54 billion views, a feat many older people only dream of. He does this by reviewing toys, doing science experiments, and going on adventures.

With an estimated net worth of $32 million, Ryan has already branched out to a variety of ventures, such as a toy line, clothing line, and a TV series. His infectious energy, winning personality, and strong social media presence all contributed to his inspiring success.

Blue Ivy Carter (12 years old)

blue ivy carter

Image Source: CNN

An heiress to her parents’ humongous empire in the world of music, fashion, and cultural influence, Blue Ivy Carter is slowly but surely carving a solid path that’s uniquely her own. With an estimated net worth of around $800 million, Blue Ivy is also racking up a list of achievements. She is the second-youngest person to ever win a Grammy for her and her mother’s music video for the hit “Brown Skin Girl.”

Not only did she appear in the video, she also co-wrote the song, showcasing her talent in songwriting. She also has her own fashion line called Ivy Park Kids, following her mother’s footsteps in Ivy Park. This shows that Blue Ivy isn’t just her parents’ daughter but a talented young thing ready to take on the music and fashion world.

Kylie Jenner (26 years old)

kylie jenner

Image Source: HDQWalls

The youngest of the Kardashian-Jenner family, Kylie Jenner went beyond TV fame and stepped out of her sisters’ shadows by becoming a self-made billionaire. Yes, you read that right: Kylie’s net worth is estimated at around $1 billion. Despite controversies, she successfully built her cosmetics brand and influenced millions with her every move.

Kylie launched Kylie Cosmetics by Kylie Jenner, Kylie Skin, and Kylie Baby in 2015, and by 2019, she sold a majority stake to beauty giant Coty for a whopping $600 million. This solidifies her status as a beauty mogul, young billionaire, and social media superstar.

Continue Reading

Entertainment

Top Free AI Music Generators for Aspiring Artists

Published

on

robot holding a cassette tape

For aspiring artists, Artificial Intelligence (AI) music generators have emerged as invaluable tools to spark innovation. That said, an AI music generator free of charge offers an incredible tool for limitless musical possibilities without costing a penny.

This article explores the top free AI music generators that promise to unleash your artistic potential. Whether you’re a budding songwriter, a curious producer, or an experimental musician, each AI music generator online platform on this list offers an inspiring blend of technology and artistry to fuel your creative journey.

1. Soundful

soundful website screenshot

First on our list of AI music generator free tools is Soundful. This AI-powered platform creates royalty-free background music for videos, streams, podcasts, and more. Users can easily choose a genre, customize inputs, and generate tracks until they find the perfect match. The music is unique and won’t replicate existing songs or tracks from the platform itself, as the algorithms are trained note-by-note with the help of industry producers and sound engineers. 

This AI music generator has a free forever plan, with ten monthly downloads and access to over 25 deadlines. The plan is designed for personal use and non-profits. 

2. Amper Music

amper music website screenshot

Amper Music is known for its user-friendly interface, making it ideal for beginners in AI-generated music. It doesn’t require extensive knowledge of music theory or composition as it uses pre-recorded samples to create musical tracks. These tracks can be modified with different music keys, tempos, individual instruments, and more, allowing users to tailor the music to their desired mood or vibe.

This platform offers an AI music generator free account, but you’ll need to pay track licenses to download and use the music.

3. Mubert 

mubert website screenshot

Mubert is an advanced AI music generator that stands out in the industry due to its blend of technology and creativity. It offers a unique approach to music production, enabling users to break traditional boundaries and generate custom soundscapes. The platform provides several advantages, including an API for creating personalized music experiences in apps and games. It also has a marketplace where users can sell AI-generated tracks.

This AI music creator offers a free Ambassador Plan for personal projects without monetization and ad spend.

4. Aiva

aiva website screenshot

Aiva, an AI music generator established in 2016, specializes in composing soundtracks for diverse media like ads, video games, and movies. Its tool allows users to create original music or produce variations of existing songs, bypassing the complexities of music licensing. The platform offers a wide range of presets, specific music formats, and the flexibility to edit soundtracks, making it a favored choice among professionals and amateurs.

Key features of Aiva include a variety of presets and music formats. It offers a functional free version with limited features and the ability to edit and modify existing tracks. Users can select a template, key signatures, music length, and the number of AI-generated compositions.

5. Soundraw 

soundraw website screenshot

Soundraw is another excellent AI music generator that offers various features, including the customization of songs with AI-created phrases. The tool utilizes a combination of AI and manual tools to make music effortless.

The platform is easy to use, making it accessible for beginners and experienced musicians. It’s also compatible with Google Chrome and Premiere Pro, making for seamless integration. There’s a free plan for users who want to create music, but you’ll need to subscribe for unlimited downloads.

6. Beatbot

beatbot website screenshot

Beatbot is an innovative AI music generator with vocals that composes short songs based on user-provided text prompts. It uses Splash sound loops for music and vocals while ChatGPT writes the lyrics. Currently in its Beta phase, Beatbot is free to use, but pricing may be introduced in the future.

You can use the platform to experiment with different prompts and lyrics. And if you’re not fully satisfied with the result, you can click “Retry” to regenerate the music. Beatbot is free to use.

7. Boomy 

boomy website screenshot

Some users name Boomy as the best AI music generator that simplifies music production. It allows users to create original songs within seconds and provides the opportunity to submit these songs for potential streaming revenues from various services, making it a highly distinctive platform.

The platform offers both free and subscription versions. You can create and edit songs with the free plan and save up to 25 songs. However, you’ll need a paid plan to download songs and use them for non-commercial or commercial use.

8. Loudly

loudly website screenshot

Loudly is an AI-powered music tool with a vast library of over 170,000 curated audio loops. Its advanced playback engine combines and warps loops while following chord progressions in real-time, ensuring musically meaningful compositions. Loudly’s unique approach combines expert systems and generative adversarial networks, supported by collaboration between their music team and machine learning experts.

Loudly offers multiple subscription plans, including a free one, making it a viable option for those looking for a free music generator.

9. Beatoven

beatoven website screenshot

Beatoven is specifically designed to compose original soundtracks for videos or podcasts effortlessly. Without music theory expertise or production experience, users can create unique, mood-based music, ensuring an enjoyable and inclusive creation process.

This AI music generator is ideal for content creators seeking unique, mood-based music for their videos or podcasts. It is also a valuable tool for individuals interested in music creation but lack technical knowledge or resources. 

There’s a free plan for individuals wanting to start with the platform. This plan comes with five minutes of free monthly downloads and access to features like instrument selection and volume dynamics. 

10. MuseNet

musenet website screenshot

OpenAI’s MuseNet can produce songs with up to ten instruments in 15 different styles. A unique feature of MuseNet is its ability to mimic famous composers like Mozart and contemporary artists like The Beatles. The tool relies on a deep neural network trained on internet data, enabling it to evaluate music over extended periods.

While MuseNet offers numerous music samples on Soundcloud, it currently does not allow users to generate their own music using the tool.

You can use the AI music generator free of charge from their website.

Continue Reading

Entertainment

From Algorithms to Harmonies: Generated Music and Its Creative Potential

Published

on

cd

Music has always been an expression of human emotions and ingenuity. Recently, however, a new force has emerged in musical creation: generated music, which offers the marriage of technology and artistry.

In this article, we’ll explore the fascinating world of generated music and check out the top AI music composer tools today. We’ll also tackle how algorithms can potentially reshape the creative landscape and the social issues that come with it.

What is generated music?

Before we dive deep into the topic of AI music generator from text tools and other related apps, let’s answer a crucial question – what is AI-generated music?

AI-generated music refers to musical compositions and melodies created using artificial intelligence algorithms and machine learning techniques.

These algorithms are programmed to analyze vast amounts of existing musical data, learn patterns, structures, and styles, and then use this knowledge to generate new musical pieces autonomously, without direct human intervention.

What are the Uses of AI-Generated Music?

AI-generated music has various uses across various industries and creative endeavors. Some of the key uses of AI-generated music include:

  • Streaming Platforms. AI-generated music can be used on streaming platforms to provide users with a continuous stream of music tailored to their preferences and mood. It allows for personalized playlists and radio stations.
  • Music Production. AI-generated music can assist musicians and composers in the creative process. It can be used as a starting point for inspiration or to generate new ideas and melodies.
  • Royalty-Free Music. AI-generated music offers a vast library of royalty-free music, allowing content creators, businesses, and individuals to use music without worrying about copyright issues.
  • Music Education. AI-generated music can be used as a tool for music education and learning. It can help students practice and understand different musical concepts and styles.
  • Personal Listening Experience. AI-generated music can create personalized music tracks tailored to an individual’s preferences, making it an enjoyable and unique listening experience.

Top AI Music Generator Tools

Here are some available AI music generator tools to create generated music.  

1. Amadeus Code

amadeus code website screenshot

Amadeus Code is an AI music generator designed for music enthusiasts and available as an IOS-based app. It enables users to create new melodies within minutes. The tool’s AI engine contains chord progressions from famous songs worldwide, empowering users to construct fresh music compositions. With the ability to use gestures, users can craft entirely new songs or recreate them from existing ones, making it ideal for those looking for an AI song cover generator. 

2. Soundful

soundful website screenshot

Soundful produces royalty-free AI-powered music for various media like videos, podcasts, and streams. It offers a user-friendly experience where users can select a genre, customize inputs, and generate tracks until they find the perfect fit. The music created is unique and will not replicate existing songs or tracks on the platform. Soundful’s algorithms are trained note-by-note with the guidance of industry producers and sound engineers.

3. Soundraw 

soundraw website screenshot

Soundraw is a top-notch AI music generator that offers a range of features, including text to song generator tool. The platform provides a customization feature that allows users to improvise and fine-tune individual pieces of music. While free users can create music using the platform, you’ll need a subscription to download up to 50 songs daily.

4. Mubert 

mubert website screenshot

Mubert sets itself apart by combining technology and creativity, offering a novel approach to generated music production. The platform offers an API for personalized music experiences in apps and games and the ability to curate existing music into personalized playlists. It also features a marketplace called Mubert Studio, where you can sell AI-generated tracks. 

5. Boomy 

boomy website screenshot

Boomy is a popular tool that helps democratize music generation and streamline music production. It empowers users to create original songs in a matter of seconds and even submit them for potential streaming revenues from various services, making it stand out as a highly distinctive platform. As users engage with the platform, Boomy’s AI develops a personalized profile to assist in creating the best music tailored to their preferences.

Frequently Asked Questions (FAQs)

What is the most famous AI-generated music?

Though there are many popular generated music, one recent song that made waves was “Heart on My Sleeve,” produced by TikTok user ghostwriter977. The vocals for the song were AI-generated, made to sound like Drake and The Weeknd. It was released in April 2023 but was taken down by rightsholder Universal Music Group, sparking debates about AI copyright.

What is the best AI music generator?

It is difficult to definitively determine the “best” AI music creator, as the effectiveness and preference can vary based on individual needs and preferences. Additionally, AI music generators are rapidly evolving, and new tools and advancements continue to emerge. It’s best to test out a few to see which one works best for your creative process.

Who owns music created by AI?

In general, the ownership of AI-generated music depends on several factors, including the jurisdiction, the specific terms of use of the AI music generator platform, and whether an individual or a company used the AI. However, the ownership of music created by AI can be a complex and contentious legal issue.

AI Music and Copyright Issues

It’s vital to be aware of copyright issues when using AI-generated content, including music, for content creation. Here are some tips on how to use AI music responsibly:

  • When using AI music generation platforms or tools, carefully read and understand their terms and conditions. Some platforms may retain rights to the content generated, while others may have specific usage restrictions.
  • Consider creating original music to avoid copyright issues altogether. Many AI tools can help you generate unique compositions that are entirely original and free from copyright concerns.
  • Some AI-generated music may be based on public-domain compositions or samples. Public domain works are not protected by copyright and can be used freely without permission. However, ensure that the AI-generated music is indeed based on public domain works before using them.

Always err on the side of caution and respect copyright laws to avoid legal issues. If in doubt about the copyright status of AI-generated music or any other content, consult legal professionals to ensure compliance with applicable laws and regulations.

Continue Reading

Trending