Apollo Co-Founder Says Sports Deals Fun, Help Communities

The transcript discusses the factors driving the growth in sports valuations, emphasizing the importance of live sports content and global fandom. It explores investment strategies in sports, highlighting the potential for returns and the need for patience. The economic impact of relegation in sports leagues is explained, along with strategies for managing it. Finally, advice is offered to potential investors, focusing on market selection, media presence, and community engagement.

What is one of the main factors driving the increase in sports business values?

• Decrease in global fandom

• Growth in live sports viewership

• Decline in media interest

• Reduction in merchandise sales

What is a unique aspect of sports compared to other entertainment businesses?

• Sports are not influenced by media

• Sports have no global audience

• Sports require live viewership

• Sports can be watched anytime

For an individual investor, what is considered a fantastic return over a long period?

• High triple-digit return

• Zero return

• Negative return

• Low double-digit return

What is a significant economic consequence of relegation in the EPL?

• Decrease in media payments

• Expansion of the player roster

• Stability in team management

• Increase in media payments

What is a key piece of advice for assessing a potential sports team deal?

• Ignore the market and league

• Focus solely on player popularity

• Avoid media attention

• Buy in the right market and league

How does owning a sports team connect you to the community?

• By isolating from local events

• By touching the hearts and minds of the community

• By focusing only on international fans

• By ignoring local traditions

What is a responsibility of owning a sports team?

• Ignoring media presence

• Focusing only on profits

• Connecting with the community

• Avoiding community engagement