“Should you buy a piece of your favorite sports team?”
November 5, 2019
“Major League Baseball will soon allow investment funds to purchase small stakes in its clubs, Bloomberg reported. It’s a move that could let Wall Street firms, college endowments and high-net-worth individuals buy into the sport…
Still, baseball team values have soared in recent years. The same is true for NFL and NBA teams. The reason is fairly simple: In the time-shifted content world we live in, where many watch shows on DVRs or on demand services, sports is one of the few examples of programming that people still make an appointment to watch live — including the commercials…”