Sports Franchise Transactions: Unlike Anything Else

Passions in the sports world affect people in all walks of life, and transcend geographic boundaries and (most of the time) politics. But at the end of the day, teams, venues, stadiums, leagues, and even players are all effectively "assets." Sure, people are fanatical about these particular types of assets, and sports related transactions tend to get a lot more press coverage than, say, a midmarket light industrials company, but is M&A in the sports sector different than any other transaction? The answer is yes, and some of the reasons why may be surprising.

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