Every year, reporters, supporters, and fans ask me about my experiences with owners and management in the NBA. Fans love to comment on the moves and commitment to winning exhibited by team owners and management. Some of these discussions got me thinking about what it might be like to own a professional sports franchise. Which team would I purchase, and in which league?
If I were to seriously consider buying an American sports franchise, I would have to really look closely at some key factors. For me, those factors would include team/franchise history, team/franchise championship potential, the history of the actual city or region of the team, the fan base, and the team’s overall potential for profitability. After all, this is a business, and while fans just want to win and don’t care about making money, I know that all owners want to make money and hopefully win a championship in the process.
Here are my choices in the four major sports industries.




1. NBA—The Los Angeles Lakers is the franchise to buy. With its sunny skies and Hollywood elite constantly attending the game, a Lakers game is always the place to be. Its 82 home games are like red carpet events, which means more money for the owner. The Celtics may have the edge in NBA titles, but Boston, for all of its American history, is not where the stars come to play.
2. NFL—Whether you like it or not, if you have the money to buy an NFL team, you might as well buy “America’s Team.” Despite some controversial players throughout the team’s history, the Dallas Cowboys are the NFL. When they do well, the league does well. All the other owners wish they were the owners of the Cowboys, or at minimum, they pray for a competitive Dallas team so they can get some of that money the league is bound to have when the Cowboys are in the mix.
3. MLB—Like the Cowboys, the New York Yankees are the team in their league. Sure, the Red Sox have won the division for the past few years and out-performed the men from the “Boogie Down Bronx” recently. But Big Papi, Schilling, and even Manny (when he was a Red Sox) will never be in the class of Ruth, Jackson, and Jeter. I would buy the Yankees and spend big money like Steinbrenner because I know there is always big money to be made in the Big Apple.
4. NHL—I must admit that hockey is not really my game. But I have been to Canada, especially Toronto. And while Montreal has the championships, the people of Toronto have a passion for hockey. Anyone who’s spent even a little time in Toronto will realize it is a no-brainer.