Is Your Favorite Sports Team Publicly Traded?
Manchester United ranks as not only one of the strongest football brands but one of the strongest sports brands in the world. It is the only professional soccer team that is publicly traded on an American stock exchange.
There are also a number of other English Premier League and other football teams that are publicly traded on foreign exchanges (AS Roma, Juventus, Borussia, Dortmuch, Lazio, etc.), but they are not listed on U.S exchanges.
As far as American sports go, there are very few NBA, MLB, NFL and NHL teams that investors are available to invest in. The teams that are publicly traded are owned by parent companies that are involved in numerous other activities. Here are sports franchises that are wholly or partially owned by publicly traded companies:
- NFL: None
- NHL: New York Rangers (MSG), Toronto Maple Leafs (BCE), Montreal Canadiens (BCE)
- NBA: New York Knicks (MSG), Toronto Raptors (BCE)
- MLB: Atlanta Braves (BATRK), Toronto Blue Jays (RCI)
MARKET CAPS AS OF FEBRUARY 26, 2020
- (MSG) -$6.91 billion
- (BCE) -$42.94 billion
- (MANU) -$2.97 billion
- RIC-$24.56 billion
- (BATRK) -$26.78 billion
The Boston Celtics and Cleveland Indians were at one point publicly traded but are no longer public companies. The Green Bay Packers are not a publicly-traded company despite the fact that they periodically issue shares, which can be viewed as little more than collector’s items.
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