PE buys up minor league baseball teams and then begins to work its magic agitating for local government subsidies. We have business school scholar after scholar write about the supposed "efficiency" etc. of PE investment, but what is really going on is not efficiency but asset stripping, crushing of labor, evasion of the law, and a constant demand for subsidies. https://lnkd.in/guWpR8Tz
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Will your favorite NFL team be owned by a Private Equity company soon? Or will your college alma mater be taking loans from PE companies to fund the capital initiatives of their athletics programs? Check out this article which describes the new financial landscape of sports in America
Private Equity Targets Football: NFL, College Poised for Investments
https://frontofficesports.com
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Recently, I had the opportunity to share insights about the finances of collegiate athletes with Chris Smith for his article in the Sports Business Journal. It was great to join my fellow Morgan Stanley GSE teammate, Jeffery Kotalik, to share our perspectives on the impact of NIL on athletes looking to invest. I've linked the article below if you would like to give it a read!
Finance: College athletes using NIL money to fund investment opportunities
sportsbusinessjournal.com
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Big news out of Germany that, for the third time, the DFL has failed to secure support for private equity investment for a Bundesliga and 2.Bundesliga commercial vehicle. This is despite advancing through negotiations to the point where five potential strategic partners had been whittled down, to leave CVC as the sole remaining investment option. This is a significant example of the importance of fan sentiment and how prominent opposition can impact commercial decisions. Despite the DFL outlining the parameters for the deal; no impact on 50+1 rule and only seeking to sell 12.5% stake in its global media rights, fan opposition impacted votes at the December vote and the decision of the executive committee is an indication that rightsholder must consider the impact that private equity investment will have on fan relations. #privateequity #football #investment #bundesliga #mediarights
DFL drops private equity investment plans amid fan revolt
sportbusiness.com
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🏈 National Football League (NFL) ownership set to meet #PrivateEquity this week 🛩️ Owners to hold Aug. 27 for potential vote if needed 📋 On the docket: Buy-back option, 5-10% investment size range, NFL-specific funds, and further DD #PE #NFL #SportsBiz #PrivateMarkets #SportsBusiness #AlternativeInvestments
NFL Sets Private Equity Meetings This Week; League Floats Buy-Back Option
https://www.sportico.com
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Could the National Football League (NFL)'s plan to allow private equity investments be a game-changer? 🏈💼 Here's how it could unlock an illiquid market and facilitate new and diverse ownership structures: https://ow.ly/JYIq50TgRRS #PrivateEquity #NFL #Ownership #PE
How Private Equity Investments Could Unlock NFL Team Ownership - Align BA
https://alignba.com
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Make Money Investing in Anthony Edwards Cards: My Success Story Learn how I made a fortune by investing in Anthony Edwards cards. From buying low to selling high, I share my strategy and success with you. Discover how this rookie basketball player's card turned into a profitable investment. #InvestingSuccess #AnthonyEdwardsCards #BasketballInvesting #SportsCardsInvestment #RookieCardInvestment #ProfitableInvestments #CardCollectingTips #SportsCardInvestor #TradingCards #InvestingStrategy
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Check out this super interesting article on how private equity is poised to reshape football in the US
Could the National Football League (NFL)'s plan to allow private equity investments be a game-changer? 🏈💼 Here's how it could unlock an illiquid market and facilitate new and diverse ownership structures: https://ow.ly/JYIq50TgRRS #PrivateEquity #NFL #Ownership #PE
How Private Equity Investments Could Unlock NFL Team Ownership - Align BA
https://alignba.com
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Few athletes retire or exit professional sports with an equal or greater net worth of their contracts. This guide will help you understand why more professional athletes should be investing in private equity. Check it out here! 👉🏾 https://lnkd.in/gGUSaKkM #privateequity #realestate #wealthcreation
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🏈 The National Football League (NFL) hires bankers, tactfully reveals 2024 season schedule, and Christmas comes early for Netflix.🎄 👑 Live #Sports is the king of TV, and the #NFL is the king of sports. 📺 #NFL is set to receive $125B+ over the next 10yrs (approx. $2.9B per team) in TV money. 💰 Avg. #NFL Franchise Value = $5.14B (Collectively fair-market value for the league's 32 teams is approx. $165B) #SportsBiz #ProSports #PrivateEquity #PrivateMarkets #SportsBusiness #ThematicInvesting #AlternativeInvestments
EXCLUSIVE: The National Football League (NFL) has secured the investment bank, PJT Partners to serve as a liaison between the league and private equity firms interested in buying stakes in teams ➡️ https://lnkd.in/ePxe4MpD
NFL Retains PJT Partners in Latest Step Toward Private Equity
https://www.sportico.com
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𝐀𝐩𝐩𝐥𝐲𝐢𝐧𝐠 𝐕𝐞𝐧𝐭𝐮𝐫𝐞 𝐂𝐚𝐩𝐢𝐭𝐚𝐥 𝐏𝐫𝐢𝐧𝐜𝐢𝐩𝐥𝐞𝐬 𝐭𝐨 𝐀𝐭𝐡𝐥𝐞𝐭𝐞𝐬 Let's examine the success story of Big League Advantage, a prominent investment firm that has effectively implemented this concept. BLA, a multimillion-dollar investment firm specializing in baseball players, particularly those in the minor leagues, was founded by Michael Schwimer, a former minor league baseball player himself. Schwimer recognized the financial hardships endured by many players in the minors and sought to alleviate them. BLA provides upfront investments in exchange for a percentage of future earnings, offering players crucial financial stability as they progress toward the majors. With nearly 600 players invested in to date, including notable names like Fernando Tatis Jr., BLA's model has yielded remarkable success. Typically, players agree to share approximately 15% of their earnings in exchange for upfront payments ranging from $100,000 to several million dollars, contingent upon their potential. Prompti identifies parallels between the challenges encountered by baseball players and those faced by golfers, presenting a similar opportunity for financial backing in the golfing realm. Many aspiring golfers would eagerly embrace the opportunity to secure their financial futures while pursuing their ambitions. Drawing inspiration from BLA's accomplishments, Prompti recognizes the substantial potential for investors to positively impact the lives of golfers. Join us in seizing this opportunity while you have the chance! For further insights into Big League Advantage, delve into Michael Schwimer's detailed explanation of the business here: https://lnkd.in/g8hnaKwH
Inside the company that has discovered the ultimate cash cow: teenage athletes
businessinsider.com
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Data Janitor | Part-time Soldier | World's Okayest Runner | Gastronomic Adventurer
6moGreat read. Never would’ve thought PEs would be in the business of sports