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Will Private Capital Ever Own a Major League Team Outright?

Business
17 May 20261 min summaryFrom Bloomberg Originals
Will Private Capital Ever Own a Major League Team Outright?
Bloomberg Originals
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  • The question of whether institutional capital will take full control of one of the 92 teams in the big three leagues, namely MLB, NBA, and NFL, is raised, with the consideration that it may happen in the lifetime of the individuals involved due to continuously increasing evaluations 10s.
  • The increasing evaluations of these teams will require hundreds of billions of dollars of infrastructure and real estate investment, which will lead to a point where only a finite number of individuals will be able to afford them, making it probable that institutional capital will take control 42s.
  • The possibility of this happening in the lifetime of the individuals involved is considered likely, with the caveat that there are no certainties, and it may not happen while the current commissioners of the three leagues are still in their positions 2m6s.
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