During the era in which we currently live in, sports play an impacting role in many lives around the world. Whether it be with young children playing sports and learning valuable life lessons, to adults spending money and going to sporting events to cheer on their favorite team. Professional sports do not only have a major economic impact in the United States, but also around the entire world. Currently, professional sports in the United States and Canada consist of what is called the Big Four; National Football League, Major League Baseball, National Basketball Association, and National Hockey League. These big four professional sports leagues have franchises all across the United States and Canada and bring in billions of dollars in revenue every year. Along with the Big Four, there are mega sporting events that take place around the world such as the Super Bowl, FIFA World Cup, and Olympics. These events can bring in millions of dollars in revenue while at the same time losing money for some cities.…