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Sports Franchises in the US - Industry Market Research Report

  • February 2016
  • -
  • Ibisworld
  • -
  • 35 pages

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High score: Increased game attendance and lucrative media contracts will boost revenue growth



Abstract

Sports Franchises in the US

The Sports Franchises industry has experienced impressive growth over the past five years. Personal disposable income levels have steadily recovered and average ticket prices have gradually increased, while attendance figures have not shown any indication of slowing down. Therefore, franchises have generated gradually higher levels of both revenue and profit. Additonally, franchises continue to open new stadiums and are installing state-of-the-art technolofy, attracting more consumers to sporting events. In the nexts five years, similar trends will benefit the industry. Furthermore, additional corporate sponsorships and broadcasting contracts will aid industry growth.

This industry comprises sports teams or clubs that participate in live professional or semiprofessional sporting events (e.g. baseball, basketball, football, hockey, soccer and other team sports) before a paying audience. The sports franchises included in this industry may or may not operate their own facilities for staging games or other spectator sports events.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.



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