Luis Maggi Armenta’s Post

Superb overview of sports finance today

New York Yankees minority holder Michael Chambers is considering selling his stake in the iconic NY team. This potential sale could attract significant interest from investors, highlighting the enduring value and appeal of the Yankees franchise. Read more: Bloomberg #Yankees #SportsInvestment #MLB #MichaelChambers #NewYorkYankees #SportsBusiness

Enough of this Bobby Bonilla Day Nonsense orchestrated by people who ignore the facts. Fact #1" That buyout allowed the Mets to obtain Mike Hampton who won the NLCS 2000 MVP en route to a Mets league championship. Fact #2: Losing Mike Hampton to free agency gave the Mets a compensatory draft pick which became David Wright. In essence, that buyout (in addition to giving the Mets interest saved for making payments long-term) got them pitching piece they needed to beat the Cards in NLCS and gave them the best third basemen in franchise history. As usual, people never mention these 2 important facts when talking about it. As the Gordon Gekko character in Wall Street said, "Those are the facts---the rest of it is conversation.:

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

Take a moment and google Sustainable Development Goal #5 and reflect on the below and how the world should change going forward....

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

Women in Leadership are instrumental in cultivating a society that continues to provide opportunities for women to share their gifts with the world. So many women feel the need to dim their light in order to not be viewed as “aggressive, emotional or combative.” Whereas in simlar situations men are considered “assertive, passionate, and decisive.” Let this post be a reminder that it is ok to be your authentic self. Not only is it ok- it is necessary. The world needs more women to allow their light to shine. The younger generation is watching and following your “lead”. “When they can see us, they can be us!” #womenleaders #femaleempowerment

Celtics are on the block after taking NBA title. The team’s ownership group, Boston Basketball Partners LLC, has decided to sell the franchise for estate and family planning considerations, according to a Celtics statement. The owners expect to sell a majority interest this year or early 2025, with the remainder closing in 2028. The Celtics are going on sale at a time of surging valuations for pro sports teams. That’s prompted more franchises to sell minority stakes or offer up control. In the past year, the NBA alone has seen three franchises change hands, with the Phoenix Suns, Charlotte Hornets and Dallas Mavericks all going for $3 billion or more. Sportico values the Celtics at $5.1 billion, the fourth-highest in the league. The current ownership group, led by Wyc Grousbeck and including Stephen Pagliuca, bought the team for $360 million in 2002. #estateplanning #premiumfunding #lifeinsurance #premiumfinance #taxstrategies #estatetax #PPLI

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

I love anything Kieran Maguire authors and this is the best explanation I have seen for the American investor's obsession with English #football. Touching on the issues that matter to the typical investor - risks of relegation, 'reasonable' valuations of multiples of revenue (compared to Big Five American leagues) in recent #EPL transactions, attempts to form a super League with guaranteed revenues - it's all in there. Great explanation why over half the clubs in the Premier League are owned by Americans. https://lnkd.in/eDwDsCsJ