The Chicago Bears Are The Greatest Sports Investment Of All Time
Professional sports are a billion (with a b) dollar industry so you need to have deep pockets and lots of cash to have any sort of ownership in a team.
Are The Chicago Bears The Greatest Sports Investment Of All Time?
How cool would it be to own your favorite pro sports team? Or even be a part of a family that has ownership in an organization. Unfortunately, for the majority of people that isn't a reality. You're going to need big money to even get into the conversation. Then, once you take it over, there's the cash needed to run the team too.
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Even the worst sports franchises will cost millions of dollars. If you're looking to purchase a successful one, then you better switch that m in millions to a b for billions. If you want to start small with a minor league team, those don't come cheap either. They are usually big-money losers.
There is one way to make it affordable. That's getting in on the ground floor. Unfortunately, there aren't too many opportunities like that anymore. In this day and age, it will still cost you a pretty penny to start something brand new.
The Chicago Bears are probably the best investment of all time in any professional sport. Back in 1920 George Halas bought the team for $100. That would equal $1,500 today. Could you imagine purchasing an NFL franchise for $100? You can't even buy one ticket for a game for that kind of money.
So what are the Chicago Bears worth today? A current calculation for the team this year has them valued at over $6 billion. Too bad all investments aren't like that. Just think about how much the team will be worth once they build that new stadium.