public sports teams

President Donald Trump's plan to impose reciprocal tariffs on foreign imports sent markets lower on Thursday. Canada was spared from additional tariffs during Wednesday's announcement, but has been a favorite Trump target. Canada's economy could be hurt by tariffs, which could be a problem for...

One of the most famous lines in a sports movie of all time is the quote "If you build it, he will come" in "Field of Dreams." Manchester United (NYSE:MANU) will be hoping that if they build their new stadium, fans come, including one of their richest fans: billionaire Elon Musk. What Happened: Musk...

National Football League fans, specifically those of the Miami Dolphins, will likely be happy to learn that they can now invest in the team thanks to a rule allowing private equity investment. What Happened: The Dolphins are among the first NFL teams to leverage the new minority investment rule,...

A Major League Baseball team is up for sale and while billionaire Warren Buffett likely isn't buying the team, he could benefit thanks to a small stake in another team. What Happened: The sale of Major League Baseball (MLB) teams has been rare in recent years, which means a new sale could reset the...

The National Football League (NFL) will soon allow private equity companies the opportunity to invest in teams, which could break records for team sales in the future and create competition for billionaires such as Jeff Bezos, who could be eyeing a team purchase. What Happened: NFL owners approved...

The Tampa Bay Lightning could soon set a new record for the most expensive NHL team sale, with reports valuing the franchise at $2 billion. This would more than double the $950 million paid for the Ottawa Senators in 2023. What Happened: The sale process of the Senators attracted several suitors...

The sport of soccer is making headlines with viewers tuning into the 2024 Copa America and Euro international tournaments. A publicly traded soccer team is on deck to report quarterly earnings on Wednesday before the market opens. Earnings Estimates: English soccer team Manchester United PLC (NYSE:...

Twenty-nine National Basketball Association teams will attempt to ruin the back-to-back championship ambitions of the reigning champ Boston Celtics. After free agency, several teams saw their betting odds improve, including one NBA team that is publicly traded. What Happened: While many struggling...

The Walt Disney Company (NYSE:DIS) CEO Bob Iger rejoined the company in the CEO role in November 2022. In addition to leading Disney, Iger may soon add sports team owner to his list of titles. What Happened: Disney is no stranger to sports with its ESPN brand and previous ownership of the Anaheim...

The Boston Celtics won their 18th NBA championship in the 2023-2024 season. The team could be under new ownership soon, with the owners looking to move on after guiding the team to two championships and locking up several star players long-term. What Happened: Investors have limited options when it...

National Football League teams are fetching record-high sale prices, and their valuations continue to soar. However, investment opportunities in the growth of NFL teams and other professional sports teams remain scarce. A new rule could potentially broaden the scope for investors to acquire stakes...

The goal of owning a professional sports team is out of reach for most people. Valuations are exorbitantly high, and there are a limited number of publicly traded teams for sale. Gemini founders Cameron and Tyler Winklevoss are not like most people. The twin brothers recently invested $4.5 million...

The 2024 Major League Baseball (MLB) season is underway. The Atlanta Braves, one of the few publicly traded sports teams, compete to win the World Series. Here's a look at the valuation of the team and betting odds for the 2024 season. What Happened: The Braves won the World Series in 2021 — their...

Formula One rejected a proposal to add an all-American team to the racing series — a move that could stymie growth in the U.S. What Happened: Formula One, which trades as Liberty Formula One Group (NASDAQ:FWONA)(NASDAQ:FWONK), nixed a proposal by former Formula 1 driver Michael Andretti. Andretti,...

There are a limited number of publicly traded sports teams available for investors across the various North American sports leagues. One public company offers ownership of a leading National Basketball Association and National Hockey League team and enters the spotlight with potential legal...