#1 ·
I was reading some business news earlier and it got me thinking about how much the landscape of professional sports is shifting. It feels like every time I turn around, another massive private equity firm or a billionaire from a completely different industry is trying to get their hands on a team or a major league stake.
Don't get me wrong, I get the logic. These guys have endless capital, and they want to turn sports into a high-yield asset class. But there’s something unsettling about the idea of the things we love—the stuff that connects communities and feels "pure"—becoming just another line item on a spreadsheet for someone who might not even know what a corner kick is.
I remember watching games with my dad back in the day; it was about the rivalry and the local pride. Now, it feels like every move is being calculated by a group of suits in a boardroom trying to maximize "growth potential." It feels like we're moving toward a world where the fans are just the product being sold to the highest bidder.
Do you think there's a limit to how much "investment" a sport can take before it loses its identity entirely?
Don't get me wrong, I get the logic. These guys have endless capital, and they want to turn sports into a high-yield asset class. But there’s something unsettling about the idea of the things we love—the stuff that connects communities and feels "pure"—becoming just another line item on a spreadsheet for someone who might not even know what a corner kick is.
I remember watching games with my dad back in the day; it was about the rivalry and the local pride. Now, it feels like every move is being calculated by a group of suits in a boardroom trying to maximize "growth potential." It feels like we're moving toward a world where the fans are just the product being sold to the highest bidder.
Do you think there's a limit to how much "investment" a sport can take before it loses its identity entirely?