sports franchises
Owned athletic organizations
Sports franchises are professional athletic teams operating as business entities within a league structure.
The franchise model grants owners exclusive territorial rights to field a team under the league's brand: The city hopes to attract a major league sports franchise.
Franchises can be bought, sold, and relocated, making them valuable investments often worth billions of dollars.
The term emphasizes the commercial nature of professional sports—teams as business assets rather than purely athletic institutions.
- player contractsAthlete employment agreements
- trade deadlineLast date for exchanges
- ownershipLegal right of possession
- front officeAdministrative headquarters of organization
- draft systemSequential player picking mechanism
revenue · rivalries · season tickets · scouting · mascots · collective bargaining · championship titles · relocation · broadcasting rights · salary cap · luxury tax · fan clubs · home field · training facilities · branding · coaching staff · licensing · expansion teams
sports franchisesrecreational leagues
Casual sporting organizations for fun
pickup games · intramural teams · sandlot baseball · youth leagues · club sports
sports franchisesnonprofit organizations
Groups without profit motive
public institutions · government agencies · charitable foundations · volunteer organizations
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