In a narrative format, write a paper that includes analysis of the economic determinants of professional sports franchise value.

Prior to beginning work on this assignment, read the assigned resources for the week.Each year, Forbes publishes lists with the valuations for sports franchises and reviews of the businesses of the main professional sports leagues in North America. For this assignment, complete a review of the determinants of franchise valuation. Use the most current Forbes (Links to an external site.) (http://www.forbes.com/lists/) in addition to the course readings to complete your assignment. In a narrative format, write a paper that includes:Analysis of the economic determinants of professional sports franchise value.Evaluation of the franchise valuation of one sports franchise of your choice. In the valuation include factors such as, championships, price paid, revenue, operating income, debt/value, player expenses, gate receipts, wins-to-player cost ratio, revenue per fan, and metro area population.