Common sense tells us that the teams that are more successful on
the field should be the ones that have the most success at the bank.
People prefer to watch and support winners, right? So it would make sense that
the winner would make more money, but things that make sense do not always
happen.
The Dallas Cowboys are the most valuable team in sports, worth
an estimated $4 billion, but they have been the definition of mediocrity for
years. The Boston Red Sox have been on the bottom of their division of late,
yet their value rose 40 percent last season. In the NBA, the New York Knicks
are the most valuable team at $3 billion, but have posted losing records in 11
of the last 16 seasons.
Winning helps develop a fan base, but victory is not absolutely
necessary for the team to generate revenue. That could help explain why this
season finds Manchester United poised







