The $8 billion deal would have combined Fenway Sports Group LLC, which owns the Red Sox and the English soccer club Liverpool FC, with RedBall Acquisition Corp. RBAC, -0.19%, a special purpose acquisition company (SPAC) dedicated to sports business.

The RedBall SPAC was founded by former Oakland A’s general manager and “Moneyball” legend Billy Beane and Gerry Cardinale, the CEO of private equity firm RedBird Capital. SPACs, which are essentially blank-check companies, raise money through an initial public offering (IPO) to make an acquisition.

Here’s a list of some professional sports teams you can invest in:

Manchester United FC

Manchester United MANU, -1.02%, the most decorated soccer club in England, has 20 Premier League titles and has been publicly traded on the New York Stock Exchange since 2012.

The stock opened at $14 a share and has only seen modest growth since then, trading at above $15.78 per share as of Friday.

Just like any other publicly traded company, Manchester United has to disclose earnings and revenues, which are tied to things like TV contracts and ticket sales.

Manchester United’s stock carries a market cap of $2.6 billion, but would likely fetch more than that if sold on the open market. Forbes has valued the team at $3.81 billion as of 2020.

New York Knicks, New York Rangers

The Madison Square Garden Sports Corp. MSGS, -0.82% encompasses several sports holdings from principal owner Jim Dolan. These include the NBA’s New York Knicks and their G League affiliate the Westchester Knicks, the NHL’s New York Rangers and their AHL affiliate the Hartford Wolf Pack, and MSG’s eSports business.

Because both the Knicks and Rangers have been part of larger holdings from Cablevision and subsequently Madison Square Garden over the years, it would not be possible to get relevant data on how the Knicks and Rangers have performed over time.

Madison Square Garden Entertainment MSGE, -4.59% was spun off from its sports business in April 2020, creating a separate publicly traded company for MSG’s entertainment arm which includes the Madison Square Garden arena in New York City and Radio City Music Hall.

An investment in Madison Square Garden Sports Corp. isn’t necessarily an investment in just the Knicks or Rangers franchise, but an investment in all the teams listed above. Profits for the company are tied to things like TV contracts and ticketing revenue.

Madison Square Garden Sports has a market cap of $4.34 billion. Forbes has valued the Knicks at $4.6 billion and the Rangers at $1.65 billion as of 2020.

Juventus FC

The most successful club in Italy’s Serie A soccer league has been listed on the Borsa Italiana stock exchange since 2001.

Juventus JUVE, +0.96% is currently trading at €0.838 per share, down over 30% from its original listing. Juventus’s stock did get a boost after news of soccer star Cristiano Ronaldo transferring to the club in 2018, but most of those gains have dissipated since then.

The stock carries a market cap of $1.13, but like Manchester United would likely go for more if sold. Juventus is owned by the Agnellis, a dynastic Italian family who founded Fiat FCA.UT, -6.99% Motor Company. 

Forbes valued the team at $1.51 billion in 2019.

Atlanta Braves

MLB’s Atlanta Braves have been owned by the publicly traded Liberty Media LSXMA, -0.23% since 2007.

Liberty Media is a huge corporation that decided to spin off the Atlanta Braves from other parts of its business into a separate tracking stock for the team in 2015 to raise capital.

The Braves are now included in a holding called Liberty Braves Group BATRK, +0.96%. It’s not just a stock that tracks the finances of the baseball team however — the real estate developments around the Atlanta Braves stadium called Battery Atlanta are also included in the holdings. 

A tracking stock is typically issued by a parent company to monitor the performance of a part of its overall business. Unlike common stockholders, owners of tracking stocks typically have little to no voting rights at shareholders’ meetings.

In 2020, Forbes valued the Atlanta Braves at $1.8 billion, quadrupling its value compared with 2010.

Green Bay Packers

The Green Bay Packers are the only publicly owned franchise in the NFL, but the team is not publicly traded. The team is owned by Green Bay Packers Inc., a publicly held non-profit corporation made of 361,311 stockholders. 

While the team does refer to these as “common stocks”, owners do not have the rights of typical common stocks owners. The stock pays no dividends, cannot be traded and has no securities law protection.

The Packers stock also cannot increase in value and is not tied to the team’s revenue in any way. Basically the stock is a team memorabilia.

There have been five stock issues since 1923, the last issuance came in 2011 to raise capital for renovations to Lambeau Field, the stadium where the team plays.

Analysts have called the Packers shares a “worthless stock, in that it has no pecuniary value for the owner.”

Forbes valued the Green Bay Packers at $3.05 billion in 2020.

Borussia Dortmund

German soccer club Borussia Dortmund BORUF, +1.30% is the only soccer team in Germany that is publicly traded. Dortmund’s stock has been trading on the Frankfurt Stock Exchange (FWB) since 2000. 

Borussia Dortmund’s stock is down 36% in the last 12 months, and carries a market cap of $571.84 million.

Forbes valued the team at $896 million in 2019.

Toronto Blue Jays

The Braves and the Toronto Blue Jays are the only teams in Major League Baseball under corporate ownership. 

While the Blue Jays franchise itself isn’t publicly traded, the team has been owned by the publicly traded Rogers Communications RCI, -0.46% since 2000.

Rogers has so many business holdings in media and telecommunications that the baseball team is just a small part of the total company. So investors cannot directly invest into the Blue Jays, only indirectly through Rogers Communications.

Because Rogers is so large, it’s difficult to assess the monetary value of the Blue Jays within the larger company.

Forbes valued the Toronto Blue Jays at $1.63 billion in 2020.