The Financialization Of Professional Sports
Pretty much every sports league now takes on institutional money.
Huddle Up
Daily essays breaking down the business and money behind sports.
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Could A Margin Call Force A Phoenix Suns Sale?
Let’s say you want to buy an NBA team.
Jeanie Buss Isn't Going Down Without A Fight
The Lakers’ record-breaking $12.5 billion sale is getting really ugly, really fast.
Wall Street Finally Loves The New York Knicks
As someone who spends a ridiculous amount of time studying the financials of professional sports teams, people are usually surprised to hear that I rarely invest in the industry’s publicly traded assets.
The Mark Walter Investigation Just Got Much Worse
I said that I would keep you updated on the Mark Walter investigation as I learned more, but even I didn’t think new details would come this fast.
Did The SEC Force Mark Walter To Sell The Lakers?
Today's newsletter explains the federal investigation into Mark Walter, including why his phone/laptop was seized, how it triggered a fire sale of the Lakers, and whether the Dodgers will be next.
Inside The Lakers Record-Breaking $12 Billion Sale
I was writing a newsletter about the New York Yankees selling a piece of the team to private equity, but then an even bigger bomb dropped unexpectedly.
Do NFL Fans Actually Want Outdoor Stadiums?
A contrarian take on the controversy surrounding the Bills new stadium.
The Real Reason The Dodgers Can Outspend Everyone
The Dodgers broke baseball.
Inside Mercedes F1: Ten Numbers That Explain Why The Team Is Now Worth $6 Billion
When I was talking to Toto Wolff backstage before our interview in New York City last year, the Mercedes Formula 1 team boss had a quiet confidence that was immediately obvious.
LIV Golf Says It Found An Investor. Here’s What That Really Means.
It’s not hyperbole to say that LIV Golf is one of the least attractive investment opportunities in sports.