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Youth Sports Under Private Equity Scrutiny | Lexington News
Youth sports is a $40 billion cash machine, fueled by parents spending thousands—sometimes tens of thousands—on elite camps, private coaches, and travel tournaments. Private equity firms are now pouring in, consolidating control over leagues, rinks, and even streaming platforms, sparking investigations into anti-competitive practices. Lawmakers are sounding the alarm, with one bill proposing to block private equity unless they prove they’re not exploiting families. While critics warn this turns sports into an expensive privilege, parents still see immense value: teamwork, discipline…
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