Billionaires Are Paying Record Premiums for Sports Franchises. Here's Why
From Walter's $10 billion Lakers deal to Apollo's reported $3 billion Yankees move, billionaires keep paying past what the numbers justify for one asset: a sports franchise.
Topic
Topic
From Walter's $10 billion Lakers deal to Apollo's reported $3 billion Yankees move, billionaires keep paying past what the numbers justify for one asset: a sports franchise.
San Jose is tying its commercial revival to Macklin Celebrini, per Sports Business Journal, betting one young star can reset a mi…