Welcome to "Ahead in the Count," presented by BIP Wealth. Our Baseball Division combines their collegiate and professional baseball playing experience with financial acumen to provide expertise in life on and off the field. We aim to give ballplayers and their families a better understanding about their unique lifestyle, the opportunities that come from playing this game, and insight into the complex financial world. This is "Ahead in the Count," hosted by Nolan Alexander, from BIP Wealth.
John Hester and Chase Murray dive into a popular topic amongst clients and pro ballplayers - investing in professional sports teams! They explore the shift in sports ownership, driven by high-profile transactions like the Los Angeles Lakers' $10 billion valuation, evolving regulations, and relaxed ownership restrictions that now allow private equity and individual investors to acquire stakes in teams across baseball, basketball, football, and even eSports.
The conversation highlights the appeal of sports franchises as valuable investments due to diverse revenue streams like TV deals, ticket sales, and merchandise. They discuss how ownership groups, rather than single owners, are becoming the norm, and how celebrities like Tom Brady, Patrick Mahomes, and Ryan Reynolds are entering the sports investment space. The Atlanta Braves stand out as a publicly traded team, offering accessible investment opportunities, though most opportunities remain geared toward high-net-worth individuals.
The episode also touches on potential conflicts of interest, particularly for active MLB players, and the importance of due diligence when considering sports investments. The hosts note the emerging trend of private equity in college athletics and the need for investors to carefully evaluate these opportunities.
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