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MSG Sports Considering Spinning Off New York Knicks, Rangers
Bloomberg Television· 2026-02-18 17:07
Well, they said in the statement that they want to get a proper evaluation on these things. MSD as a company is valued at $7 billion Sportico Forbes, CNBC all estimate the Knicks and the Rangers combined are much larger than that. You're talking about the Knicks being a ten, potentially the Rangers probably at 3 to 4.And so that combined is anywhere between 13 to $14 billion. I think when you're thinking about these assets, they are very huge and they want to get a proper valuation on them. Is it they're ge ...
Atlanta Braves and Gray Media Announce 15 Live Spring Training Games on Free Over-The-Air Television Across the Southeast
Globenewswire· 2026-02-13 16:18
Core Points - The Atlanta Braves and Gray Media have expanded their spring training broadcast, offering 15 games to fans across 26 markets in the Southeast [1][2][5] - The partnership aims to enhance fan engagement by providing live spring training action and a new 10-episode series titled "Celebrating '21" featuring commentary from former Braves manager Brian Snitker [2][5] - The Braves' President & CEO, Derek Schiller, emphasized the commitment to making Braves baseball accessible and highlighted the positive response from last year's partnership with Gray Media [5] Company Overview - The Atlanta Braves, established in 1966, are the longest continuously operating franchise in Major League Baseball, with a history of two World Series titles and multiple division championships [6] - Gray Media, headquartered in Atlanta, is the largest owner of local television stations in the U.S., reaching approximately 37% of U.S. television households [8]
Expert reveals what investors should think about when considering gold
Youtube· 2026-01-30 07:15
Gold Industry - The Gabelli Gold Fund (GLDIX) has achieved impressive returns of 194% over the past year, indicating strong fundamentals behind the gold rally [1] - Central banks are increasingly investing in gold, which is expected to sustain the current rally, with gold recently experiencing its largest advance in six years [5] - Countries like China are shifting away from holding US dollars and are opting for gold as a store of value [3] Mining Sector - Analysts from the Gabelli Gold Fund recently visited seven mines in Western Australia to assess the mining industry [4] - The fund operates without leverage, but the profitability of gold miners increases significantly when gold prices rise, as their costs do not increase at the same rate as revenues per ounce [5] Automotive Parts Industry - The automotive parts sector is experiencing increased demand due to an aging vehicle fleet, with a focus on the need for parts for approximately 300 million cars in the United States [10] - Advanced Auto Parts has seen a decline of about 15% over the past six months, attributed to supply chain issues and competition from other companies like O'Reilly and AutoZone [11][12] - The new CEO of Advanced Auto Parts is working to improve parts availability, which is expected to enhance the company's performance in the coming years [12] Live Entertainment and Sports - The live entertainment sector is anticipated to grow significantly, with a focus on corporate financial engineering, including spin-offs and acquisitions [13] - Companies like Madison Square Garden Sports and the Atlanta Braves are highlighted as potential investment opportunities, especially with upcoming events like the World Cup [15] - Manchester United is also mentioned as a company undergoing financial changes, which could present investment opportunities [16] Media and Entertainment - Warner Brothers is in discussions with Netflix, with the stock price of Warner Brothers having increased from a low of $12 to $28 over the past year [18] - Paramount is seen as a competitor in the media space, with ongoing negotiations that could impact its stock performance [21][22]
Investment firm president says this stock is 'gushing cash'
Youtube· 2025-10-22 06:30
Group 1: Investment Opportunities - The Atlanta Braves are considered a trophy asset, providing a rare opportunity for individual investors to buy into a sports team, especially as the stock is currently undervalued at around $40 per share, with an estimated worth of $60 based on conservative assumptions [2][3] - Madison Square Garden Sports, which owns the Knicks and Rangers, has an enterprise value of $5.5 billion, while comparable assets like the Lakers have been valued at $10 billion, indicating significant upside potential [4] - Uber is highlighted as a strong investment, with the company generating substantial cash flow and expected to benefit from the advent of autonomous vehicles, countering previous concerns about profitability [6][7] Group 2: Company Analysis - Unified, the third-largest garment rental company in the U.S., is currently priced at $170 per share, with a previous acquisition offer from Cintas at $270, suggesting potential for future growth [8][9] - Unified is described as a family-controlled business, which requires careful consideration, but it possesses a cash-rich balance sheet, making it a stable investment in a high-priced market [9]
A-Rod, Jason Kelly Preview Season 3 of 'The Deal,' Talk College Sports, Dream Guests, & More
Bloomberg Television· 2025-09-06 11:01
Business, Sports, and Culture Intersection - The show focuses on the intersection of business, sports, and culture, highlighting the cultural impact of sports in a polarized world [11][12] - Guests open up and share insights, creating a level of intimacy, as seen with Bill Belichick's rare business-side interview [5][6] - The podcasting industry emphasizes consistency, with the show dropping one episode every week [9] Sports Industry Dynamics - New owners in sports are more sophisticated and willing to take risks to innovate and create moats around their assets [15] - Institutional capital is entering the sports landscape, providing liquidity and growth opportunities for professional sports teams [20] - Gambling and increased money are changing sports, with new data points showing increased viewership during blowout games due to fantasy football [21][22] College Sports Transformation - The business model of college sports has radically changed, with increased money and the ability for players to be paid [25] - Players are now being offered significant sums of money to play for universities, such as $4 million for a quarterback to play for the University of Miami [26][27] - The lack of a collective bargaining agreement and union in college sports creates instability and challenges in managing players [28][29] - College football is becoming an extension of the NFL, with players potentially opting to stay in college longer due to lucrative deals [32][33] Team Ownership and Management - Alex Rodriguez's ownership of NBA and WNBA teams provides unique insights and perspectives in conversations with guests [17][18] - The Miami Heat recently appointed Matthew Caldwell as the new CEO [19] - The Atlanta Braves generated $75 million in excess cash flow, representing a potential new model for sports teams [16]
Media mogul John Malone on his memoir, state of the media landscape
CNBC Television· 2025-09-02 13:34
We are joined now by a very, very, very special guest, a legend in the business, media titan, chairman of Liberty Media, and the man behind some of the biggest deals in media of our time, John Malone, author of Born to be Wired: Lessons from a Lifetime: Transforming Television, Wiring America for the Internet, and Growing Formula 1, Discovery, Sirius XM, and the Atlanta Braves. It is out uh today, and we want to welcome John for joining us today. John, it's great to see you.uh congratulations on the book. I ...
MLB to call up first female umpire
NBC News· 2025-08-07 19:30
This weekend, MLB is set to make history by calling up the first female umpire to work a regular season game. Jen Powell, she'll ump three games in the upcoming series where the Miami Marlins take on the Atlanta Braves. Front office sports host Renee Washington joins me now.Renee, good to see you. So, tell us more about Powell and her journey to working in the major leagues now. >> Yeah, the journey for an umpire is much like a player.You have to work through the ranks. And for Pal, she's actually a former ...
X @The Wall Street Journal
On Saturday, the Atlanta Braves and Cincinnati Reds will meet on the infield of Bristol Motor Speedway, a racetrack usually reserved for Nascar.And the MLB is about to draw the largest crowd in history for a regular-season baseball game. https://t.co/hQZBIiIT0K ...
Everyone knows about media rights and team sales. Here are the undervalued areas of sports
CNBC Television· 2025-07-23 20:10
Welcome back. The recent sale of the LA Lakers for a record $10 billion valuation only underscores the still strong demand for sports assets. My next guest just launched their own fund to invest in what they see as undervalued areas of sports.Rashan Williams is Harbinger Sports Partners founder and CIO. Steve Cannon is Harbinger Sports co-founder and CEO. Steve also the former vice chairman and CEO of AM Sports and Entertainment.It's great to have you guys. Rashan, it's funny. Um, when you guys say you're l ...
X @The Wall Street Journal
Team Performance - The Atlanta Braves have been one of the most disappointing teams in baseball this season [1] Economic Impact - Battery Atlanta has turned the Atlanta Braves into an economic juggernaut [1] - Battery Atlanta is the envy of the rest of baseball [1]