

Kickoff for Private Equity Investors
Sep 6, 2024
Emily Flippen and Matt Argersinger discuss the implications of weak job data on the market and predict interest rate changes. They delve into private equity's growing interest in NFL franchises and Smartsheet. Brandon Copeland, a former NFL linebacker turned Ivy League professor, shares eye-opening insights on athlete finances from his book, 'Your Money Playbook,' emphasizing the financial realities of NFL contracts and college athlete compensation. Together, they analyze stock performance, including McKesson and A.O. Smith, highlighting the intersections of sports and finance.
AI Snips
Chapters
Books
Transcript
Episode notes
Conflicting Economic Signals
- The August jobs report showed weaker-than-expected growth, impacting market expectations for interest rate cuts.
- This uncertainty is reflected in an inverted yield curve, where long-term treasury rates fall below short-term rates.
NFL and Private Equity
- NFL teams are now allowing private equity investments, despite on-field performance not correlating with valuations.
- The Dallas Cowboys, a historically successful team, are now worth over $10 billion, exceeding the New York Yankees.
Private Equity's NFL Interest
- Private equity's interest in the NFL reflects the current economic climate and potential investment opportunities.
- This move suggests private equity firms may be looking for deals after a period of low activity.