Typically, the value of a company is based on the value of its workers, its physical capital, its intellectual property and the managerial skills and culture which put all the other inputs together to produce a revenue/profit stream. Apply this to a sports team. What, from an economic perspective, contributes to the value of a sports team? Do not simply provide a list, clearly define and explain each element.

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Economic Factors Contributing to the Value of a Sports Team A sports teams value is determined by a complex interplay of economic factors similar to any other business While the traditional factors li... View the full answer