- The MLB is now allowing investment funds to acquire minority stakes in multiple teams.
- The decision was made to make it easier for partial-owners to sell their stakes, which is becoming harder amid skyrocketing team valuations.
- The average MLB club is currently worth $1.78 billion (Yankees #1 at $4.6B), up 8% from last year (Forbes).
- Since partial stakes sell at a discount (up to -30%), the new rule opens up a lucrative opportunity.
- Galatioto Sports Partners created a $500M fund to acquire partial stakes.
