Photo: Wikimedia Commons
Manchester United has once again been named the most valuable sports team in the world by Forbes yearly list, adding $30 million to its value since last year.But not all of the valuable sports franchises were as lucky as Manchester United, in fact, 24 out of the 50 actually lost value in the past year.
With people spending less and ticket prices getting higher, a lot of these teams can’t put people in the seats. It also doesn’t help if one of the partners in your franchise ran the world’s largest ponzi scheme.
2011 Team Value: $799 million
2010 Team Value: $909 million
The city of Buffalo is living in trying times, and so are the Bills who are coming off of their third straight last place finish in the AFC East.
2011 Team Value: $779 million
2010 Team Value: $913 million
The city-wide interest in the Rams is fairly low compared to the Cardinals, and questions about owner Stanley Kroenke's debt have driven the value of the NFL's St. Louis franchise way down.
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