Ted Leonsis warns sports ownership boom could 'screech to a halt' without exit paths
CNBC Televisionยท2025-10-24 16:30
If there's not more options for liquidity set in this marketplace, this is going to screech to a halt pretty soon, right. Because um you know, I paid $85 million for the caps coming in, two half3 billion, I would say. I paid $350 million for the Wizards, probably four and a half, five billion.It sounds great. and and you look across the landscape and we all have to have partners now and the partners are getting older. I've had two partners who have died and they're close friends and I love their families an ...