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The Tampa Bay Lightning professional hockey franchise represents the Tampa area in the National Hockey League. First awarded to Hall of Fame player Phil Esposito, who was backed by Japanese golf and resort company Kokusai Green, the Lightning joined the NHL in 1992 as an expansion franchise. The team won a Stanley Cup championship in 2004, defeating the Calgary Flames in a seven-game series. The Lightning play host at St. Pete Times Forum. Tampa Bay Sports and Entertainment, group led by Boston Red Sox minority owner Jeff Vinik purchased the team and its home arena from Oren Koules and Len Barrie in 2010.

Tampa Bay Rays Baseball owns and operates Florida's Gulf Coast baseball franchise. Founded as the Devil Rays, the franchise was originally awarded to a group led by local businessman Vincent Naimoli and joined joined Major League Baseball in 1998 as an expansion franchise along with the Arizona Diamondbacks. Playing host at Tampa's Tropicana Field, the team earned its first ever American League Pennant in 2008. (The Rays fell to the Philadelphia Phillies in the World Series, however.) CEO Stuart Sternberg leads a management group that purchased control of the team in 2004.

TCA Holdings includes subsidiaries such as the Tennis Corporation of America (develops and licenses tennis products and programs), Midtown Athletic Clubs (manages about a dozen sports and fitness clubs), Proactive Partners (manages corporate centers and wellness programs for such companies as McDonald's and General Motors), and Columbia Equities (a real estate and health club investment company). The family-owned company was established by chairman Alan Schwartz and his father Kevie when they opened the Mid-Town Tennis Club in Chicago in 1969.

Tennessee Football owns and operates the Tennessee Titans professional football team that represents Nashville in the National Football League. A charter member of the American Football League, the franchise was founded by Texas oilman Bud Adams as the Houston Oilers in 1959 and joined the NFL in 1970. It moved to the Volunteer State in 1997, originally playing in Memphis before settling in Music City (and changing its name) the following year. Tennessee made its first and only appearance in the Super Bowl at the end of the 1999 season, losing to the St. Louis Rams. Adams continues to control the team.

Texas Rangers Baseball Club is a professional baseball team that represents the Dallas area in Major League Baseball. Founded in 1961 as the second incarnation of the Washington Senators, the franchise moved to Texas in 1972. Playing host at Rangers Ballpark in Arlington, the Rangers have yet to win a pennant. Texas businessman Tom Hicks, who has owned the team since 1998 through his Hicks Sports Group Holdings company, is selling control of the Rangers to a group led by sports lawyer Chuck Greenberg and current team president and Hall of Fame pitcher Nolan Ryan. The total purchase price is valued at $593 million.

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