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Why Billionaires Are Buying Up Sports Teams
Town & Country via Yahoo Finance Canada· 4 months agoThe economics of sports franchise ownership have exploded beyond imagination. The latest status symbol for owners: 80,000 seats and more toilets than you...
NBA trade deadline is a month away. Which teams may be looking to deal? Who may be moving?
USA TODAY Sports via Yahoo Canada Sports· 2 years agoSeveral teams are maneuvering – including the Lakers, Raptors and Wizards – trying to improve their rosters, reduce their payrolls or get draft picks.
More private investors take shots at sports, but do they score?
Pitchbook via Yahoo Finance Canada· 11 months agoIn early 2021, the NBA opened the door to private equity funds for the first time, allowing institutional investors to own up to a 20% stake in a single franchise. Three months later, a newly-formed ...