Professional Sports And The National Basketball Association Essay

2275 Words Dec 28th, 2016 10 Pages
he Professional Sports Market in the U.S.
The major professional sports leagues in the U.S. are commonly referred to as the “Big 4”, because each of these leagues have the most spectators and are the most lucrative league of their respective sport not just in the U.S. but also in the entire world. These four leagues are the National Football League (NFL), the National Basketball Association (NBA), the Major
League Baseball (MLB) and the National Hockey League (NHL).
The NFL has 32 franchises in their league; all other leagues have 30 franchises competing for the championship. While the games that are played in one season vary widely between the leagues, the playing system is nearly identical. All leagues have a regular season, after which the best franchises qualify for postseason play commonly referred to as playoffs. In the playoffs, the NFL teams only play one game, whose winner advances to the next round.
All other leagues play best-of-seven series, were the first team to win four games advances to the next round. In the Championship game or series, only two teams remain in the race for the championship that is called Super Bowl in the NFL, Finals in the NBA, Stanley Cup
Finals in the NHL and World Series in the MLB.
Franchises in these leagues are worth humongous sums, being headlined by the Dallas
Cowboys, a team of the NFL, who’s value according to Forbes Magazine (2016) is $4,2 billion, making them the most valuable sports organization in the world. There are several…

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