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Fun fact - 1/4th of the NBA is owned by big names in private equity - http://pitchbook.com/news/articles/barbarians-at-the-ticket-gate-the-pe-moguls-who-own-14
by sharkweek 11y ago
Fun fact - 1/4th of the NBA is owned by big names in private equity -
http://pitchbook.com/news/articles/barbarians-at-the-ticket-gate-the-pe-moguls-who-own-14-of-the-nba http://pitchbook.com/news/articles/barbarians-at-the-ticket-...
- mtanski 11y agoThey've spend a money not only on the players but things in & around the arenas they play in (concessions, upgrading booths) and as a result they've been able to extract more money out of the franchises. I'm also sure owning a team is fun if you're into that.