This week
Sports Monopoly will focus in on the competing businesses within the four major American sports—baseball, basketball, football and hockey. For the MLB, there is a distinct advantage in which a team can build its brand. The advantage lies within a limitless salary cap.
While MLB executives have drastically tried to hinder the act of 'buying' players and leveling the playing field for non-major market teams, the advantage still lies with these big time ball clubs.
Mike Ozanian, a staff writer for Forbes Magazine, wrote an article realeasing the value of Major League Baseball franchises.
According to the article, of the top ten most valuable franchises only one, the St. Louis Cardinals, were a not in a major market.
The New York Yankees have benefitted the most from the major market and historical accomplishments to create the most valuable brand in baseball at $2300 million. Through the YES network, being in New York and having a tradition of winning, the Yankees have been able to master the brand.
Teams like the Tampa Bay Rays have converted to a recent winning history, however, still struggle to put fans in the seats at Tropicana Field, due to the lack of the Rays brand.