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What will happen if one of the major team franchises goes under?
Since many banks are failing it shouldn't be to surprising if one of the major franchise teams (baseball, football, hockey, etc) goes under as well and if so what then happens in such an occurrence? Does another city pick them up? Does the fed bail them out? Do they simply cease to exist? Anyone have any ideas? It probably won't, but what if?
1 Answer
- JSattLv 71 decade agoFavorite Answer
The first thing the owners will try to do is sell the team or move the team. If it's really bad, the league could also step in and assist with the operations to keep the team running.
The league could also vote to reduce the number of teams in the league if it was bad as well. The teams that get the axe are the ones in the most financial trouble.