EP. 23: Private Equity Is Buying Up Sports Teams…
This week on The 4th Quarter, Dragoneer founder Marc Stad buys control of the Minnesota Timberwolves and WNBA's Lynx from Marc Lore at a $4.5B valuation, Makers Fund is closing a $250M Fund IV to bring AUM to $1.5B, Arctos Partners buys 10% of the Atlanta Falcons at a $10.6B enterprise value, New York Jets owner Woody Johnson buys a minority stake in Aston Martin's F1 team, Roger Goodell telling German TV he has no doubt multiple NFL franchises will one day be based outside the United States and floats an international Super Bowl, Travis Kelce launches TEKTA with Publicis Sports and 3 Arts…
The skinny
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