Monica Simon’s Post

Boston Celtics star Jayson Tatum is supporting a bid to bring the WNBA’s 16th franchise to St. Louis, with plans to invest and promote the team to other investors and the league. Tatum’s involvement is enabled by a 2023 NBA collective bargaining rule allowing players to own up to 4% of WNBA franchises. Other stars like LeBron James and Stephen Curry have also shown interest in WNBA investments, though none have finalized deals. Follow for more women’s sports updates. #sportsbusiness #sportsbiz #wnba #nba #sports #invest #womenssports #sportsnews

Who will buy the Boston Celtics? On Monday, the Celtics' majority ownership group led by Wyc Grousbeck, announced plans to sell the franchise. The Celtics were purchased by this investment group in 2002 for $360M. Since then, the team has won two championships, has over 1,000 wins, and reached the NBA Finals four times. In recent years, NBA team valuations have skyrocketed: • In December 2022, Mat Ishbia acquired the Phoenix Suns for around $4B. • In February 2023, Marc Lasry sold his 25% ownership stake in the Milwaukee Bucks Inc. to Cleveland Browns owner Jimmy Haslam and Haslam Sports Group at a $3.5B valuation. • In December 2023, Mark Cuban sold his majority share of the Dallas Mavericks to the Adelson and Dumont families at a valuation of over $4B. • Most recently, Joe and Clara Tsai sold a 15% stake at a $6B valuation for BSE Global, the parent company of the Brooklyn Nets, Barclays Center, and WNBA’s New York Liberty to the Koch Family. The Celtics are one of the iconic franchises in all of pro sports. They have an NBA record of 18 NBA titles -- trailing only the New York Yankees (27) and Montreal Canadiens (24) among all North American professional sports leagues. This will undoubtedly be the highest sale ever for an NBA team controlling stake. Sportico currently values the team at $5.1B but we could see this going higher to over $6B… 📥 To get the full breakdown of who we think could purchase the team, join for free here: https://lnkd.in/dUYVHG5y #privateequity #sportsbusiness #sportsownership

As NBA teams appreciate in value, they also become harder to hand down to future generations due to tax purposes and league-level ownership rules. Sportico wrote about this topic in depth two years ago in a series about NFL owners and their estate planning. https://lnkd.in/eA7iqgEK #estateplanning #assetprotection #westernmass #northshore

$600m ➡️ the (rumoured) current expansion fee to purchase an Major League Soccer franchise. $20m ➡️ the current expansion fee to purchase a United Soccer League (USL) franchise. Like every great investor, the challenge is to find value where it doesn’t yet exist or where it hasn't been maximised. This is Brett M. Johnson. The co-owner of Ipswich Town FC, Phoenix Rising Football Club, and the newly formed Rhode Island FC, Brett is both creating and re-establishing value across a portfolio of football assets. US football (soccer...) has created massive asset value, underwritten by security of participation. The tradeoff? Too many games of no consequence. Limited consequence can limit attention 👀 Promotion/relegation fixes that...but reduces value 📉 What do you chase? 🤷♂️ Regardless of the operating system, don’t lose sight of the primary objective; building a great business! 🗣 “I like to focus on what I refer to as the sustainability of football; being able to have a franchise that's profitable and not just for the equity appreciation fairies coming to your rescue” A sports ownership schooling from one of the best in the business (of sport)🔥 Business of Sport (Links in comments)👇 #Ipswich #BrettJohnson #PhoenixRising #RhodeIsland #PremierLeague #MLS #USL #businessofsport #sportsindustry

The Fate of the Niners Franchise: What Happens if They Lose the Super Bowl? In this video, we discuss the potential consequences for the San Francisco 49ers if they were to lose the Super Bowl. Will key players like George Kittle, Deebo Samuel, and Christian McCaffrey consider leaving the team? Join the conversation and share your thoughts! #49ersFranchise #SuperBowlConsequences #NFLDiscussion #KeyPlayers #SanFrancisco49ers #FootballDebate #SportsAnalysis #OffseasonSpeculation #TeamLoyalty #SportsTalk

This is the inevitable outcome for exclusive franchise soccer clubs: the novelty of teams like Atlanta United has faded, resulting in dwindling attendance. Once Messi departs and the World Cup hype subsides, this trend will likely define the future of U.S. soccer. The over-commercialization of privatized soccer, along with ludicrous billion-dollar franchise valuations, highlights an industry that is fundamentally misguided. It’s built on shaky ground by individuals who lack a genuine understanding of the sport, prioritizing profit over passion and community. This approach is unsustainable and threatens to undermine the very essence of soccer in America.

Billionaires and Ballplayers Angle for New Crop of NBA Teams-- Bidding groups in Las Vegas and Seattle are lining up investors as pro basketball prepares to add new franchises

🏀 In 2002, Wyc Grousbeck bought the Boston Celtics for $360 Million. In 2023, the Celtics were valued at $4.7 Billion. That's an increase of 1200%. Grousbeck is now looking to sell the team and it will likely sell for a value much higher than $4.7 Billion considering the continuing increase of team values and the positive momentum specifically for the Celtics, which includes winning the NBA Championship this year. While I expect NBA team values to keep growing, it's a great time for Grousbeck to sell after such a strong return on investment. NBA Teams are a fantastic investment and the Boston Celtics are such a cultural monument that the next person or group who buys the Celtics will have not only a power house sports team with religiously devoted fans, but also a great financial investment for the future. In 2001, the average value of an NBA franchise was $207 Million. In 2023, the average value of an NBA franchise was $3.85 Billion. (Via Statista) That's an increase of 1750% and we're looking at the average, not even zooming in on the most valuable teams. For example, this year Ron Burkle sold the NWSL team San Diego Wave FC for $120 Million after paying only $2 Million for the team two years ago. That's an increase of 5900%. While not everyone can afford to buy the Boston Celtics or the San Diego Wave, I've seen a lot of people look more deeply into sports investments for similar returns. There is an explosion of new sports formats, leagues, and teams as people take sports more seriously as an asset class. Each case study like Ron Burkle or Wyc Grousbeck and subsequent year that team values increase will encourage more investors to look more closely at sports. #celtics #sports #sportsbusiness #nba #basketball #investment