Market Monday (#8): Philadelphia

Every Monday, theBRKDWN releases our Market Monday segment. These are a series of articles that break down the history and sport markets in different cities each week, focusing specifically on teams in five of the major professional sports leagues in North America: NFL, NHL, NBA, MLB and MLS. I will try to include only the most important and noteworthy information about each team including information such as year established, years a team existed if they no longer do or have relocated, number of championships won or participated in, other cities where a franchise previously existed, financial information, and any other noteworthy information. This week we focus on Philadelphia.

Check out some of our other Market Monday’s:

Dallas

New York

Los Angeles

Chicago

Boston

Toronto

The Bay Area

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NFL Breakdown

Philadelphia Eagles

Year Franchise Founded: 1933

Year Established in city: 1933

# of championships: 4 (1 in Super Bowl era)

Team Estimated Value: $2.75 billion

Current Home Stadium: Lincoln Financial Field

The Eagles were established two years after the city’s former NFL team folded. The Eagles are the 10th most valuable team in the NFL and ranked 13th in average fan attendance at home in the NFL this past season with an average of 69,696. The Eagles have one of the most intense rivalries in the NFL with the New York Giants and it is believed to be one of the oldest rivalries in the NFL. They just recently won their first Super Bowl in 2017 in a stunning victory against Tom Brady and the New England Patriots.

Frankford Yellow Jackets

Year Association Founded: As early as 1899

Years existed in NFL: 1924-1931

Years Established in city: 1924-1931

# of championships: 1

Home Stadium: Frankford Stadium

The Frankford Athletic Association was founded as early as 1899 and entered the NFL as a professional football team in 1924. The Yellow Jackets ended up folding in 1931 because the team was left without a stadium because they did not have enough funds to repair it after a large fire in 1931. Two years after the Yellow Jackets folded however, the city was granted a brand new NFL franchise by the name of the Philadelphia Eagles.

MLB Breakdown

Philadelphia Phillies

Year Franchise Founded: 1883

Year Established in city: 1883

Previous Names: Philadelphia Quakers

# of championships: 2

Team Estimated Value: $1.7 billion

Current Home Stadium: Citizens Bank Park

The Phillies have played a total of 136 seasons but only made the playoffs 14 times and have won two World Series. They’re the 9th most valuable team in MLB and 17th in 2018 for average fan attendance in the league. When the franchise was first established they were known as the Philadelphia Quakers. The Phillies will be looking to end their seven-year playoff drought this upcoming season.

Philadelphia Athletics

Year Franchise Founded: 1901

Year Established in city: 1901-1954

Other Names: Oakland Athletics, Kansas City Athletics

# of championships: 9 World Series (5 in Philadelphia)

Home Stadium: Frankford Stadium

The Athletics franchise now exists in Oakland but it started in Philadelphia in 1901. The Athletics relocated from Philadelphia to Kansas City in 1955 and then relocated again from KC to Oakland in 1968. The Athletics were most successful in Philadelphia where they won five World Series of nine total in franchise history.

NHL Breakdown

Philadelphia Flyers

Year Franchise Founded: 1967

Year Established in city: 1967

# of championships: 2

Team Estimated Value: $800 million

Current Home Stadium: Wells Fargo Center

The Flyers are the 7th most valuable team in the NHL. The Flyers have some very diehard fans and are currently ranked third in average fan attendance in the NHL this season with  20,721 fans on average coming out to their home games at Wells Fargo. The Flyers might have only won two Stanley Cups, yet they still have a rich history of playoff runs — making the playoffs 39 times in 51 seasons of existence. This season, the team’s brand new googly-eyed mascot named “Gritty” has been a social media phenom.

Philadelphia Quakers

Year Franchise Existed: 1925-1931

Year Established in city: 1930

Previous Names: Pittsburgh Pirates

# of championships: 0

Home Stadium: Philadelphia Arena

The Quakers moved to Philadelphia in the 1930-1931 season because the franchise’s arena in Pittsburgh was not suitable to host an NHL team and the franchise could not renovate or rebuild an arena because they suffered from debt during the Great Depression after the Wall Street crash in 1929. The team struggled and went 4-36-4 after relocating to Philly and continued to suffer financially. The Quakers decided not to participate in the 1931-1932 season and they never ended up playing ever again. This left Philadelphia without an NHL team until the Flyers arrived in 1967.

NBA Breakdown

Philadelphia 76ers

Year Franchise Founded: 1949

Year Established in city: 1963

Other Names: Syracuse Nationals

# of championships: 3 (2 in Philadelphia)

Team Estimated Value: $1.65 billion

Current Home Stadium: Wells Fargo Center

The Syracuse Nationals relocated to Philadelphia to become the 76ers in 1963. The franchise is one of the oldest in the NBA but they have only won three titles. The franchise made the playoffs 22 consecutive seasons  in their first 22 seasons of existence. So far this season, the 76ers have been getting the most fans out to games in the NBA averaging 20,414 fans per home game. They are also ranked as the league’s 12th most valuable team and they share the Wells Fargo Center with the Philadelphia Flyers.

MLS Breakdown

Philadelphia Union

Year Franchise Founded: 2010

Year Established in city: 2010

# of championships: 0

Team Estimated Value: $175 million

Current Home Stadium: Talen Energy Stadium

The Union have yet to find success. They have had a losing record in six of nine seasons played, only made the playoffs three times in franchise history and have never made it past the conference semifinals. Philadelphia Union are ranked as the 18th most valuable team in the MLS worth $175 million USD and they ranked 19th in average fan attendance last season with an average of 16,518 fans per game.

Philadelphia Sport Market Recap

Total Current Estimated Value: $7.075 billion

Total Championships in City: 16

Philadelphians sure loves their sports. Philly has a very well-off sport market and have been home to a lot of different professional sports franchises in the past.

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