Why 2023 could be another ‘milestone year’ for sports franchise sales

Why 2023 could be another ‘milestone year’ for sports franchise sales

While major stock market indices just posted their worst years since 2008, major sports leagues like the NBA and the NFL reported record years of revenue and their highest-valued franchise sales ever in 2022.

According to one industry expert, those sales likely aren’t slowing down any time soon.

“I do think if some of those teams [for sale] trade, we will see another milestone year,” Bill Mulvihill, head of U.S. Bank Sports and Entertainment Group, told Yahoo Finance. “I don’t have any…


Source link

About search

Check Also

European Stocks Drop With US Tech Rally Faltering: Markets Wrap – Yahoo Finance

European Stocks Drop With US Tech Rally Faltering: Markets Wrap – Yahoo Finance

[unable to retrieve full-text content]European Stocks Drop With US Tech Rally Faltering: Markets Wrap  Yahoo Finance …

Leave a Reply

Your email address will not be published. Required fields are marked *