Hello friends! Do you like sports? Would you like to make money on it? Today we will look at 5 ways to invest in the sports industry.

It’s a great idea to turn your passion into income. If you are interested in sports, it may be the best investment area for you. Here are 5 ways you can make good money on sports.

1. Owning a minor league team

One doesn’t have to be as wealthy as you might think to own a piece of a minor league team. You can buy a summer-only, wood-bat minor league baseball team made up of college players for as little as $100,000 to $250,000. Sounds great. If you went for a $250,000 team with four other equal partners, you’d only have to commit $50,000. Thus, buying a team will not be too expensive an investment for you, and the profit will be worthy.

2. Owning shares in a publicly-traded team

Share owning in a publicly-traded team generally hasn’t been a profitable investment. So the value is in the stock certificate that fans can stick on their wall (or sell to someone else), which gives an opportunity to attend annual shareholder meetings and the knowledge that they have contributed money to their team.

3. Investing in retail and apparel stocks

A good investment option is to invest in a sportswear manufacturer, rather than in a store selling it. The apparel companies offer better returns, dividends and a solid return on capital. Stores have to worry about liquidating inventories, while the apparel companies generally don’t. And the apparel companies have better brand recognition

4. Owning health club franchises

Fitness friends might like the idea of owning health club franchises. The industry is certainly thriving. When you choosing a franchise, evaluate the business model. Does it work the way you want?

5. Investing in collectibles

The collectibles category of sports investments includes everything from baseball, basketball and football cards to autographed balls to team uniforms to seats from old stadiums. Given the vagaries of the sports memorabilia market, values can go up and down in a heartbeat.