Private Equity, Incentives, and the New Economics of Youth Sports

This is a story about big money and big sports. They've gone together for years. But recently, there's been an explosion, whether it's pro teams selling for astronomical prices or college players receiving 7 figures for their name, image and likeness. Now big money is reaching down into high school and beyond as parents invest in the dreams of their kids. -The goal is to play major league baseball. Westin: Braison Hoffman is like many young kids in America, chasing big dreams and facing long odds. -It's wei ...