So, You Want to Own a Sports Team

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You don’t need a huge amount of money to buy at least part of a minor-league team. Just make sure you’re OK losing your investment.

Last year, hedge-fund mogul David Tepper paid $2.28 billion for the Carolina Panthers, a record price for a National Football League team. But you don’t have to be a billionaire like Mr. Tepper to own a piece of a sports team, or even an entire team.

There are plenty of opportunities under $5 million to acquire all of a team, with some independent minor-league baseball teams available for about $500,000. If you can’t afford that yourself, you can go in with some partners. There are a few minor-league baseball teams with more...

 

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I think this should just be: You don't need a huge amount of money. 😁

🧐🤨⚾️

K thanks that's pretty handy

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