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GamingFortuneabout 3 hours ago
Sports teams become trillion-dollar investment targetsSports teams have shifted from trophy assets to serious investment targets. Global private equity deals for teams and leagues grew from 13 deals worth $1.9 billion in 2014 to 71 deals worth $18.45 billion by 2025. The MLB allowed institutional ownership in 2019, followed by the NBA, NHL, and NFL.
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