When you’re on the edge of your seat watching a last-minute touchdown or a game-winning six, the league’s balance sheet is probably the last thing on your mind. Fair enough. But behind every sold-out stadium and every fan wearing a jersey, there’s a multi-billion dollar business machine humming along. These professional sports leagues are incredible examples of how to build a global brand, hook an audience, and generate a mind-boggling amount of money.This isn’t just a list of big numbers. We’re going to break down the business models of the world’s biggest sports leagues to find some real, practical lessons for entrepreneurs. Building a company isn’t so different from building a league: you need loyal fans (customers), a great team (your product), and a solid plan to grow. How do top sports leagues generate revenue?So, how do these leagues pull in billions? While we only see the action on the field, the real money is made behind the scenes through a few key channels. It’s a business model any founder looking to build multiple income streams should take a look at.<quote text=”They charge a little bit more per ticket, plus they have way more ads which are their main money… Read MoreStartupTalky- Business News, Insights and Stories
