VastoFi的动态

Leading up to the holidays, it was reported that the National Basketball Association (NBA) was set to vote on raising its debt limit from $325 million to $475 million. This would mark the first increase since 2018 and coincide with the recent renewal of the NBA media rights – set to begin in FY26. While the increase will provide franchises with additional capital flexibility, we would argue that the NBA – and all North American major professional sports leagues – remain extremely conservative in their use of leverage compared to other industries. Each of the major North American sports leagues (i.e., National Football League (NFL), Major League Baseball (MLB), National Basketball Association (NBA), National Hockey League (NHL), and Major League Soccer) has specific league policies that restrict the quantum of franchise-related debt, but it's helpful to understand how that has evolved for the NBA and what it means today. Read More: https://lnkd.in/g2Ufs9cy

Insightful chart from Arctos on debt-to-value and leverage in the National Basketball Association (NBA).

?? National Football League (NFL) ownership set to meet #PrivateEquity this week ??? Owners to hold Aug. 27 for potential vote if needed ?? On the docket: Buy-back option, 5-10% investment size range, NFL-specific funds, and further DD #PE #NFL #SportsBiz #PrivateMarkets #SportsBusiness #AlternativeInvestments

This week, I got to write about two of my favorite topics: fiscal responsibility and baseball. In the No Labels Substack, I examine how Juan Soto’s record-breaking contract can put Congress’s spending habits into context. Check it out and let me know what you think:

Major League Baseball provides players with the largest pension allowable by law. Up to $275,000 per year for players reaching 10 years of MLB service. My most recent blog Moment Private Wealth dives into all the details of the MLB Pension plan. Link in the comments

NWSL draws private-equity interest as team valuations soar - https://lnkd.in/ge2z5tgK Women's soccer is bringing private equity off the sidelines.While other major U.S. sports leagues – Major League Soccer, the National Basketball Association, Major League Baseball and the National Hockey League – have allowed private equity investors to take passive, minority stakes, only the National Women's Soccer League has allowed

Major NFL and baseball teams are using Output Sports’ tech. Now it’s eyeing a deeper push into the US The University College Dublin spinout has raised $4.8m in new funding and its chief executive Martin O'Reilly has relocated to Boston to lead its US growth. He talks to Jonathan Keane about its gameplan. Read here: https://lnkd.in/eJR_sTRV

?? National Football League (NFL) owners recently approved an update to the NFL investment and ownership rules to allow private equity investment in teams. Neil Barlow, Eric Schaffer, Alana McAndrews, Sam Clinton-Davis and Fares Arrfedi analyze why investment in the NFL presents a lucrative investment opportunity for #PrivateEquity and highlight notable features of the PE Investment Rules in comparison to the investment and ownership rules of other US men's professional sports leagues. Read More ?? https://lnkd.in/eXb2BRuD

Private equity firms are gearing up to create NFL-specific funds. ?? This move comes as team valuations soar (Washington Commanders recently sold for $6bn) reducing the potential pool of buyers. ?? A special committee of NFL owners has been reviewing ownership policy rules. This shift could open new avenues for liquidity and financial growth, following the trend set by other major leagues. ?? Discussions are ongoing about allowing only minority common-equity stakes and NFL-specific funds being required, mirroring structures in the NBA. ? This mirrors a move made by the premier league, with the rise of private equity and clubs finding themselves in financial distress off the back of the pandemic. ? Private capital now funds 35% of football clubs in Europe's top leagues, with notable examples like Chelsea, Milan, and Newcastle entirely owned by private equity. #privatecapital #privateequity #venturecapital #dealactivity #NFL #football #premierleague

The WNBA's Financial Comeback: How $2.2 Billion Impacts the League Discover the NBA's impressive financial turnaround as they generate $2.2 billion in revenue. Learn about the impact on the league's future, including potential payments to the NBA and the positive progress they've made. #NBABusiness #FinancialSuccess #NBARevenue #SportsIndustry #LeagueGrowth #NBAFinances #BasketballBusiness #SportsManagement #SportsEconomics #NBAcomeback