Send us a text
In this episode of The Wall Street Skinny, Jen and Kristen dive deep into sports investing. They discuss the structural shifts driving new opportunities, including changes in private equity rules that now allow institutional players to invest in NFL teams. They also break down the cash flow mechanics behind major leagues like the NFL, NBA, and MLB—revealing why some leagues are financial juggernauts while others face stark disparities between high and low earners.
The discussion continues with key insights on revenue-sharing models, salary caps, and the differences in local vs. national-level cash flows across the major sports leagues. The NFL stands out for its near-guaranteed profitability through lucrative national TV contracts and rigid salary caps, while the NBA and MLB face more complex financial landscapes. They explore how ownership stakes, infrastructure investments, and strategic planning play critical roles in maximizing profits for investors. With special attention on high-profile sports franchise investors, they illustrate how both billionaires and smaller investors are making plays in this competitive market.
The episode features exclusive interviews with NFL legend Eli Manning and sports investor David Adelman, who share their experiences navigating this space. Eli Manning discusses his transition from athlete to investor, explaining how he’s strategically leveraging sports-related business adjacencies such as media, youth sports, and equipment. Meanwhile, David Adelman delves into his investments in the Philadelphia 76ers and an upcoming state-of-the-art sports arena, demonstrating how commercial real estate and sports ownership can create powerful synergies. Whether you’re a casual sports fan or a seasoned investor, this episode offers a comprehensive breakdown of how the business of sports is evolving.
Visit Vanta.com/wallstreet for $1,000 off
Start your FREE TRIAL of Training The Street's Turbo Macros HERE
Our Investment Banking and Private Equity Foundations course is LIVE:
Or for our "Express Workout", our one hour top 5 technicals you must know for investment banking Masterclass, purchase for $49 HERE
Our content is for informational purposes only. You should not construe any such information or other material as legal, tax, investment, financial, or other advice.
Public Disclosure: All investing involves the risk of loss, including loss of principal. Brokerage services for US-listed, registered securities, options and bonds in a self-directed account are offered by Public Investing, Inc., member FINRA & SIPC. Public Investing offers a High-Yield Cash Account where funds from this account are automatically deposited into partner banks where they earn interest and are eligible for FDIC insurance; Public Investing is not a bank. Cryptocurrency trading services are offered by Bakkt Crypto Solutions, LLC (NMLS ID 1890144), which is licensed to engage in virtual currency business activity by the NYSDFS... See full disclos...
