The ROAR Podcast: Mike Carney
Most sports real estate conversations start the same way: the venue anchors the district, and the district delivers the return. Mike Carney is building from the opposite direction.
Mike is the head of On Deck Partners, the minor league baseball platform established inside Avenue Capital Group's sports fund, which came to market in December with its first two club acquisitions in Visalia and Montgomery and has since added Wilmington. He's explicit that On Deck is not a real estate developer. The thesis is that in a small or mid-sized market, the ballpark already functions as the community's…
The skinny
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