In August, the NFL approved new ownership rules that allow private equity firms to buy passive minority stakes in franchises. The decision came after franchises appreciated nearly 40x over the past 30 years and reached $5.93 billion on average, according to Sportico’s calculations. But NFL team values still have a long runway, according to one …
NBA’s Annual Mexico City Game Builds Case for Future Expansion
As the calendar moves away from the frantic sports equinox, the NBA stands to gain more attention for its early season action with its annual trip to Mexico. On Saturday, the Miami Heat and Washington Wizards will play in Mexico City as the NBA once again hosts a regular season game south of the border, …