A Sports team is a group of individuals who play sports, usually team sports, on the same team. Historically sports teams and the people who play sports have been amateurs. However, by the 20th century, some sports teams and their associated leagues have become extremely valuable with net worth in the millions. Real Madrid is rated by Forbes as the world most valuable sports team at $3.26 billion USD. Some individual sports have modified rules that allow them to be played by teams.
Team identities can be formed from a number of sources, most often a type of geographic location, e.g. the Dallas Cowboys are named after Dallas, Texas, US. Some teams can also be named after an institution, such as Alabama Crimson Tide is supported by and named after the University of Alabama, or the Yomiuri Giants, who are named after the Yomiuri Group, Japanese media conglomerate.
- Badenhausen, Kurt (July 15, 2015). "The World's 50 Most Valuable Sports Teams 2015". Forbes. Retrieved May 8, 2016.