The sports industry has experienced impressive growth in recent years. Rising personal disposable income levels have created a significant increase in discretionary spending and attendance at sporting events. At the same time, average ticket prices have gradually increased, although attendance figures have not shown any indication of slowing. Sports franchises have thus generated gradually higher levels of both revenue and profit in recent years. Furthermore, franchises continue to open new stadiums and are installing state-of-the-art technology, which has attracted more consumers to sporting events. BVA Group’s professionals have a deep understanding of the issues faced by the sports industry and their constituents, enabling us to provide our clients with insightful and efficient consulting regarding valuation, economic damages, and various corporate finance issues.
- BVA professionals valued a National Hockey League franchise in connection with a dispute between the majority owner and the franchise’s lender. As part of our analysis, BVA considered how the franchise’s re-location and new arena impacted value.
- BVA professionals valued a National Football League franchise for gift and estate tax purposes. As part of our analysis, BVA considered factors that impacted the valuation such as attendance, television revenue, market size, sponsorships, and merchandise agreements.
- BVA was engaged to assess economic damages related to a dispute involving a Major League Baseball franchise and its owners. The assessment involved a detailed cost analysis.
- BVA professionals have significant experience valuing sports and stadium operations.