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24/7 Wall Street: Seven Pro Teams on the Brink of Collapse

6. Detroit Lions

10-year change in attendance: -25.18% (the biggest decline in NFL)
W-L record 10 years: 39-121 (the worst in NFL)
Operating income (2010): -$8 million
Year founded: 1929 (moved to Detroit in 1934)
Value: $844 million (seventh least valuable in NFL)

While Detroit has certainly experienced increasing financial troubles, the team may be in the midst of turning its fortunes around. The Lions are currently 6-2, and the team is tied with several others for the third-best record in the NFL. If they continue to win, they could become a profitable NFL franchise again. However, stepping back from this year for a moment paints a less rosy picture. In the previous 10 seasons, the Lions have won just 39 out of 160 games, easily the worst record in the NFL. This includes the 2008 season, when the team became the only franchise ever to fail to win a game in the 16-game schedule. The team moved from the Silverdome in 2002 to Ford Field, hoping to save money, but even in the smaller stadium the team usually averages well below the 65,000 person capacity. While the franchise was profitable for the first half of the decade, the Lions lost money in four of the past five seasons, including the $8 million lost last year.

(AP Photo/Paul Sancya)

More From 24/7 Wall Street:
The States That Pay The Most (And Least) In Taxes
America’s Most Overpaid CEOs
America’s Disappearing Restaurant Chains

The opinions expressed are solely those of the author and do not necessarily reflect the views of Comcast.

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