Ownership
Nearly all professional sports teams are owned by wealthy individuals, partners, or corporations. Owners share the same two goals for their teams: winning and making a profit. Traditionally a white, male domain, in recent years there has been a small increase in the number of women and minority owners as well as foreign ownership as sport becomes a global enterprise. Sport ownership is complicated, compared to many other industries, because sports teams operate in public and must appeal to a fan base. ...
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