The August 2014 sale of the Los Angeles Clippers basketball team for $2 billion matched the March 2012 sale price of the Los Angeles Dodgers baseball team, a record for both the NBA and MLB. While these franchise sales make headlines, they call into question the exact values of these businesses and how such high price points compare to other major league franchises and the many minor- and independent-league teams that populate the sports landscape. In Valuing Sports Franchises, expert Drew Dorweiler shows how standard valuation techniques can be applied to sports franchises and how the value drivers of these companies are not always what's expected.