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Sports Franchises in West Virginia

Author.Name IBISWorld United States Last Updated: April 2025 NAICS WV71121a

Sports Franchises in West Virginia industry analysis

The Sports Franchises industry in West Virginia is expected to decline an annualized -x.x% to $x.x million over the five years to 2025, while the national industry will likely grow at x.x% during the same period. Industry establishments increased an annualized x% to x locations. Industry employment has decreased an annualized -x.x% to xx workers, while industry wages have decreased an annualized -x.x% to $x.x thousand.

Over the five years to 2030, the industry is expected to decline an annualized -x.x% to $x.x million, while the national industry is expected to grow x.x%. Industry establishments are forecast to grow x.x% to x locations. Industry employment is expected to decrease an annualized -x.x% to xx workers, while industry wages are forecast to decrease -x% to $x.x thousand.

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About the Sports Franchises in West Virginia Market Research Report

What’s Included in the Sports Franchises in West Virginia Market Research Report

Definition of the Sports Franchises in West 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 West Virginia?

The Sports Franchises in West 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 West 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 West Virginia

Benchmark the Sports Franchises in West Virginia industry performance with all WV county and national performance.

Sports Franchises in West Virginia

#47 in Highest Revenue 0% of state's GDP
Revenue (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 West Virginia

See how key industry drivers, such as population, median houshold income, new business formation, number of broadband connections, households earning more than $100,000 and domestic trips by us residents are impacting Sports Franchises in West Virginia

West Virginia Economic Indicators

Population
Median Houshold Income
New Business Formation

View more economic information in WV 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 West Virginia

Access proprietary data on county in the Sports Franchises in West Virginia, such as Kanawha County, Mercer County and Monongalia County. Data includes figures on revenue, establishments, employees and wages by counties.

Key Statistics of the Sports Franchises industry in West Virginia

Download 18 years of historical data and 5 years of projected performance.

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Top Questions Answered in this Report

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What is the market size of the Sports Franchises industry in West Virginia in 2025?

The market size of the Sports Franchises industry in West Virginia is $3.2m in 2025.

How many businesses are there in the Sports Franchises industry in West Virginia in 2025?

There are 7 businesses in the Sports Franchises industry in West Virginia, which has been growing at an average annual rate of 7.0% from 2020 to 2025.

Has the Sports Franchises industry in West Virginia grown or declined over the past 5 years?

The market size of the Sports Franchises industry in West Virginia has been declining at an average annual rate of -2.5% from 2020 to 2025.

How many employees in the Sports Franchises industry in West Virginia in 2025?

There are 16 employees in the Sports Franchises industry in West Virginia, which has been declining at an average annual rate of -6.2% from 2020 to 2025.