Source: Hulton Archive / Getty Images
1. New York
> Teams lost: 12
> Most recent: New York Nets, 1977
> Current teams: Jets, Giants, Yankees, Mets, Rangers, Islanders, Nets, Knicks
As the largest city in the U.S., New York was a breeding ground for failed pro sports franchises during the early part of the 20th century. The city was home to eight NFL franchises that had all folded by 1951, while the Jets and Giants endured. More recently, the Giants and Dodgers of the MLB decamped for California after the 1957 season. New York has also passed the Nets franchise back and forth with New Jersey. The team currently plays in Brooklyn.
Sponsored: Tips for Investing
A financial advisor can help you understand the advantages and disadvantages of investment properties. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.
Investing in real estate can diversify your portfolio. But expanding your horizons may add additional costs. If you’re an investor looking to minimize expenses, consider checking out online brokerages. They often offer low investment fees, helping you maximize your profit.
Editors' Picks
