Each year, Forbes publishes lists with the valuations for sports franchises and reviews of the businesses of the main professional sports leagues in North America. For this assignment, complete a review of the determinants of franchise valuation. In a narrative format, using the most current Forbes  (www.forbes.com ) report and three scholarly sources, in addition to the textbook, write a paper that includes:

1. Analysis of the economic determinants of professional sports franchise value.
2. Evaluation of the franchise valuation of one sports franchise of your choice. In the valuation include factors such as, championships, price paid, revenue, operating income, debt/value, player expenses, gate receipts, wins-to-player cost ratio, revenue per fan, and metro area population.