When buying a minority sports stake, which right would you insist on understanding before agreeing to a valuation?
The Exchange by Ellis looks past the headline multiple to control, operating economics and the next price a buyer would actually pay.
Markets. Business. Culture. Intelligence.
The conversation / Moxie Report
Culture. Money. Power. Life. Bring a point of view and leave room for another.
The Exchange by Ellis looks past the headline multiple to control, operating economics and the next price a buyer would actually pay.
A three year old soccer player, a call to the police, and a youth sports industry collecting billions from parents. When did losing become something adults couldn't handle?
The Knicks gave up five first round picks to complete a championship roster. They won. Now Bridges is struggling, the second apron is looming, and fans are discovering what it costs to keep a winner together.
The Giants entered Week 7 leading their division, preparing to start a third quarterback, and paying a new coach to make difficult decisions. Who pays when those decisions don't work?
A $255 million contract, a medical decision under scrutiny, and the business of knowing when to walk away.
A championship changes the conversation. It does not change the discipline of valuing an asset. Jay Moxie examines the deal from both sides of the table.