Sports Summit Part 2: What Are The Winning Investment Models In Sport?
23 Feb 2024
Experienced investor and entrepreneur with 25 years in sports investments, emphasizing the evolving nature of sports as an asset class. Advocate for professionalization and value allocation in the sports business. History of investing in sports pre-asset class designation, prioritizing cash flow valuation over revenue multiples. Acknowledgement of sports' potential for growth and the impact of technology on industry monetization. Emphasizing the need for the business of sports to further professionalize. Strong belief in the value of sports content and community engagement, highlighting the necessity of winning in professional sports. Strategic investor diversifying into various sports ventures for community impact and asset value growth beyond team ownership. Advocate for player equity and partnership evolution in the sports business landscape. Recognizing sports as a platform for community development and global unity. Integration of sports with real estate and other ventures to enhance business value and community impact. Pioneer in leveraging sports events and teams to uplift communities and bolster economic growth. Transitioning sports entities towards for-profit frameworks while maintaining player empowerment and shared value distribution. Ownership alignment with athlete identities, fostering diversified business acumen beyond on-field success. Visionary outlook towards sports business evolution, anticipating changes in ownership dynamics and capital structures. Committed to sustainable growth and equitable competition in the sports industry.
Moderator: David Faber
Speakers: Gerry Cardinale,Stephen M. Ross,Sam Kennedy,Larry Fitzgerald, Jr