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Chicago Sun-Times
Chicago Sun-Times
National
Rick Morrissey

So you want to own a professional sports franchise. You sure about that?

Cubs chairman Tom Ricketts addresses the crowd during the team’s 2018 fan convention. (Charles Rex Arbogast, AP Photos)

What’s the No. 1 reason people buy professional sports franchises? The easy answer would seem to be money. If you buy a team in a major league, it means that you’re ridiculously rich and that you’re going to be ridiculously richer when you decide to sell it.

The Rams are worth $6.2 billion, double what they were worth just five years ago, according to Forbes. The 50 most valuable sports franchises in the world are worth 30% more combined than they were last year, the magazine reports.

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