Charlotte Knights’ Post

🏈 With NFL team valuations skyrocketing, private equity investors are being identified as a potential source of capital for franchises. Clark Hunt, the owner of the Kansas City Chiefs, has made it clear that he sees the value in this option, which is interesting given his position on the committee that will decide if NFL opens up to private equity. This could be a major shift in the league's ownership structure. Read more about Hunt's take on this topic in this Bloomberg article. #NFL #privateequity #sportsbiz

Private Equity is Set to Transform NFL Ownership ~The NFL is on the brink of a transformative change, considering a rule that would allow private equity firms to own up to 30% of its teams. This could dramatically alter the financial dynamics of the league. ~Under the proposed changes, individual private equity firms could buy up to 10% of a team. ~Aligning with trends in other leagues, this move could bring sophisticated investment strategies into the NFL, potentially enhancing the overall value and growth of the franchises. This shift towards private equity investment could be a major evolution in NFL team ownership, with potential to reshape the league's economic and operational landscape. Source:Bloomberg https://lnkd.in/gCQsRmxN

The NFL is next. This week it was reported that private equity investors may soon be allowed to buy as much as 30% of NFL franchises. The team owners will present their findings in Nashville over three days starting May 20, during the second of four annual league meetings. I believe this is inevitable for a few reasons among others: 1) Valuations are growing. As teams get more expensive to purchase, there are few individuals or families who can purchase these assets. This results in outside funding to come into the picture. 2) Innovation and leadership expertise. Many private equity firms pride themselves on their operational expertise. These funds can bring a new perspective or methods to help increase engagement, fandom, and retention. 3) The league is expanding globally. There is a lot of institutional capital coming from different countries. As the league looks to grow its footprint, it might be beneficial to allow global investors to deploy capital in these franchises to help with that expansion and reach new demographics. Whether this is overall net positive or net negative for the league is TBD, but regardless it is coming. S/O to Randall Williams #privateequity #sportsmoney #sportsbusiness https://lnkd.in/duv2DtUJ

Exciting news on the horizon: the NFL considering PE (private equity) ownership. How can ClearEdge help staffing agencies dive into this? We specialize in marketing for staffing agencies, analyzing diverse investment models to showcase stability and growth potential. Say what? I know, it's not just a cool graphic for social. Our focus? Empowering your team to attract top-notch clients and candidates through strategic partnerships and investments with the right marketing and STRATEGY. There is even more. Imagine having another executive in your corner, someone you can safely have conversations with about mergers, negotiations, and strategic decision-making. With ClearEdge Rising, that becomes a reality. And everyone signs NDA's. Leadership development is key. Let's navigate this landscape together, honing negotiation skills and strategic decision-making to secure your agency's success. And when it comes to recruiting? We've got you covered. With expanded resources from strategic investments, we can help you hire the best talent in marketing and sales, elevating your agency to new heights. Let's WIN together! Ready to amplify your revenue strategy with ClearEdge? Let's connect and score big together - all the football analogies all day long. #StaffingMarketing #PEOwnership #LeadershipDevelopment #Recruiting #NFLInvestments

Superb overview of sports finance today

🚨 Charlotte Knights and Uptown Ballpark Sold to New York-Based Group 🚨 Big changes for Charlotte's beloved minor league baseball team! The Charlotte Knights, along with Truist Field and the associated pub, are being acquired by Diamond Baseball Holdings (DBH), a New York-based ownership group. Key Highlights: - New Ownership: Despite the change, the Knights will remain the Triple-A affiliate of the Chicago White Sox. COO Dan Rajkowski and the front office staff will stay on board. - DBH Reputation: Known for managing successful and innovative Minor League Baseball franchises, DBH is committed to investing in community-focused teams. - Legacy: This marks the end of an era for Don Beaver and Bill Allen, who have owned the team since 1997. Truist Field has welcomed over 5 million fans since opening in Uptown Charlotte. Statements: - Dan Rajkowski: "DBH leads some of the most successful and innovative Minor League Baseball franchises in America with a reputation for investing in those communities." - Pat Battle and Peter Freund, DBH: "The Knights embody the best of MiLB with a one-of-a-kind setting, unmatched family entertainment, and a significant role as a community leader." Next Steps: The deal requires league consent and satisfaction of other conditions before finalizing, expected to happen soon. Stay tuned for more updates as we welcome this new chapter for Charlotte Knights! #CharlotteKnights #MinorLeagueBaseball #CommunityInvestment #NewOwnership

With global sports business booming and private equity investors finally off the NFL sidelines, where does your favorite team rank among professional football’s most valuable franchises? Today, the average NFL team is worth $6.49 billion, representing major returns for league owners. Among the factors driving up values this year are big-money media deals, sponsorship revenue and non-NFL events at team stadiums, including Taylor Swift’s The Eras Tour. CNBC ranked professional football teams on overall franchise value, calculated by CNBC senior sports reporter Michael Ozanian. The rankings factor in a team’s revenue, profit and debt to match up the 32 clubs ahead of the start to the NFL season. See CNBC’s official 2024 NFL team valuations: https://cnb.cx/4eeMwtY

Who is the real MVP Franchise? 💵 We’ve all seen the Premier League, the NFL and the NBA post their individual most valuable franchise rankings but who has taken the global top spot in 2023… None other than the Dallas Cowboys 🤠 The factors which help influence the valuations of these sports teams are: - revenues: ticket sales, merchandise, TV rights etc. 🎫 - asset appreciation: stadium, training facilities, players.. - external: on field-success, eco environment, investor demand 🏆 All in all this gave the Cowboys an estimated $8billion valuation, followed closely by the New England Patriots and the Los Angeles Rams. The highest valued football team this year was Real Madrid coming in at 13th place. (Source: Forbes) The growth in sports broadcast rights and the value of them has played a pivotal role in lifting the valuations of major sporting franchises in recent years and become an integral source of these companies revenues. The Dallas Cowboys alone have seen a whopping 67% increase in valuation over the last 5 years 📈 The NFL continued its dominance with 30/32 teams in the league making the Forbes Top 50 list. Interestingly the highest place MLS team was Los Angeles FC, however I’m sure Messi’s Miami will be hot on their tail in years to come.. ⚽️ Who are you backing for the 2024 Crown? 👑 #sportsbusiness #mvp #sports #investment #franchise #valuations #BTS

Intriguing ESPN article about how the National Football League (NFL) is exploring how Private Equity could get involved in team ownership going forward. "A special committee of NFL owners has spent the past nine months investigating potential changes to league rules for team ownership, an attempt to grapple with a shrinking pool of potential team buyers amid soaring team valuations." "One of the possibilities on the table: allowing institutional wealth, including private equity, to invest in NFL franchises, which the league has never permitted." "A move to allow private equity firms or institutional wealth to invest as limited partners could free up cash for owners to pursue projects such as stadium renovations and would represent a large shift in how the league has historically operated, with the majority of franchises traditionally run as family businesses with single-family ownership." Link to the article in the comments below.

The Ultimate NFL Draft Strategy: Avoiding Disappointments and Finding Franchise Stalwarts! Discover the key to building a successful NFL team through the draft. We analyze the track records of past picks and uncover the ratio of stars to busts. Join us as we explore the impact of drafting decisions on team success. #NFLDraftStrategy #BuildingAWinningTeam #FranchisePlayers #NFLDraftAnalysis #TeamSuccess #DraftPicks #FutureStars #BustOrBoom #NFLDraftHistory #BuildingAGreatTeam