Monumental Sports & Entertainment Mulls Going Public

The transcript discusses the potential shift in US sports organizations going public, highlighting Monumental's future prospects. It explains how leagues like the NBA and NHL have opened new capital pools, creating a new asset class in professional sports. The speaker predicts a wave of sports companies going public as revenues grow. However, they emphasize the responsibilities and scrutiny involved in being a public company. Monumental is considered ready for a public offering if conditions are right.

What has been a rare occurrence for US sports organizations?

• Winning championships

• Hiring international players

• Building new stadiums

• Going public

What new opportunity has opened up for professional investors in sports?

• Managing teams

• Sponsoring events

• Investing as funds

• Owning teams individually

What is the new asset class mentioned in the discussion?

• Luxury goods

• Cryptocurrency

• Professional sports enterprises

• Real estate

What is expected to happen as sports revenues reach billions?

• Ticket prices will decrease

• More teams will relocate

• More players will retire

• A wave of companies will go public

What is a major consideration for Monumental before going public?

• Building a new stadium

• Emotional and market readiness

• Expanding internationally

• Hiring a new CEO