EP. 24: The Greatest Sports Team Owner Just Bought A $4 BILLION Franchise
This week on The 4th Quarter, Stan Kroenke agrees to buy a controlling stake in the Los Angeles Angels at a reported MLB-record $4 billion valuation, BlackSun Private Equity is raising $1 billion for sports investments, Kevin Durant and Rich Kleiman's $250,000 Hugging Face investment now estimated to be worth more than $60 million, Harrison Barnes buys a bank for $25M, is the US Open is worth more to New York than the Knicks? Oura chairman David Shuman buying a minority stake in the New York Islanders, CNBC finds 52% of Gen Z investors are redirecting investment dollars into sports wagering…
The skinny
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