About the Sports Franchises in Virginia Market Research Report
What’s Included in the Sports Franchises in Virginia Market Research Report
Definition of the Sports Franchises in Virginia?
Sports franchises are sports teams or clubs that participate in live professional or semiprofessional sporting events (e.g. baseball, basketball, football, hockey, soccer and other team sports) before a paying audience. The sports franchises included in this industry may or may not operate their own facilities for staging games or other spectator sports events.
What’s included in the Sports Franchises in Virginia?
The Sports Franchises in Virginia includes ticket sales, advertising, broadcasting and other media rights, concessions, merchandise and licensing of rights to use property. Related terms covered in the Sports Franchises in Virginia industry report includes a negotiated document explicitly stating the complete range of relationships between management and their athlete employees; it covers discipline, base salaries, medical rights and more, a money-sharing agreement where franchises are required to pool a specified portion of their media revenue to be distributed evenly among all teams, a ceiling amount for a team's athlete payroll imposed by the professional sports league to preserve a level playing field and a tax enforced on leagues without salary caps but that have payrolls above a predetermined level.
Industry Performance of the Sports Franchises industry in Virginia
Benchmark the Sports Franchises in Virginia industry performance with all VA county and national performance.
Sports Franchises in Virginia
#22 in Highest Revenue 0.8% of state's GDPRevenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)
Sports Franchises in the US
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)
For the full list of industry drivers, see report purchase options.
Key Drivers of the Sports Franchises industry in Virginia
See how key industry drivers, such as median houshold income, new business formation, per capita disposable income, number of broadband connections, households earning more than $100,000 and domestic trips by us residents are impacting Sports Franchises in Virginia
Virginia Economic Indicators
Median Houshold Income
New Business Formation
Per Capita Disposable Income
View more economic information in VA State Economic profile
US Key External Drivers
Number of broadband connections
Households earning more than $100,000
Domestic trips by US residents
For the full list of industry drivers, see report purchase options.
County Data of the Sports Franchises industry in Virginia
Access proprietary data on county in the Sports Franchises in Virginia, such as Fairfax County, Richmond City and Loudoun County. Data includes figures on revenue, establishments, employees and wages by counties.
Key Statistics of the Sports Franchises industry in Virginia
Download 18 years of historical data and 5 years of projected performance.
