Why Billionaires & Wealth Managers Are Buying Sports Teams

[@VALUETAINMENT]

Skip the waitlist and invest in blue-chip art for the very first time by signing up for Masterworks: masterworks.art/valuetainment Purchase shares in great masterpieces from artists like Pablo Picasso, Banksy, Andy Warhol, and more. See important Masterworks disclosures: www.masterworks.com/cd

[@Omni_Shambles]

lol you act like this hasn't been happeing for over a hundred years. xD

[@Madasin_Paine]

Represent F.I.R.E. and Pro Sports and transfer remaining wealth to The Plantation Owners ! Isn't America already GREAT?! (AKA GRAVE) We NEVER can afford billion heir $ And THEIR liability goes up exponentiallly according to the Law of Compounding interest, with inflation taxes and your labor give 1000 times to THEM for every $ THEY invest, be THEY PBD, the heiress of Lorwal cosmetics Berkshire Hathaway or ⚡ o ® ∅ $... What's thee difference? THEY are NOT like most people at all.

[@VirtousStoic]

Only personality actually sharing secrets. So many influences say hey business ideas investment ideas, and they give u cookie crumbs and they hold the cards for themselves. Selfish pigs tx bro

[@jameshudson169]

Steinbrenner paid $8.8million. But how much money did he put in after that?

[@jeffreygeorge219]

I said out loud, this is a drop for Masterworks and investment.. Love how PBD knows how to always be sellin. I have 220 shares of Masterworks w a Jean-Michel Basquiat painting. I got in at $17 million, I hope it sells for over $60 million and I 3x my loot after fee.

[@Triskhalifa]

“Are you interested in Wayne Gretzky? I’m happily married” 😂😂😂😂

[@ChrisHunterSavesTheDay]

Enjoy! 0:00 - The Billionaire's Investment in Sports Teams 1:30 - Investing in Wayne Gretzky Rookie Cards 2:00 - The Journey of Becoming a Minority Owner of the Yankees 3:09 - Increase in Team Valuations over the Years 5:04 - Alternative Assets: Investing in Art 6:40 - The Increasing Valuation of Sports Franchises 8:34 - The Impact of Sports Broadcasting Deals and OTT on Cable 10:21 - The Growth of Sports Betting Revenue 11:57 - The Impact of Sovereign Wealth Funds on Sports Franchises 13:23 - The Rise of Sovereign Wealth Funds in Sports Ownership 14:57 - The Rise of Valuable Sport Industries 16:38 - Opportunities in Alternative Assets

[@ashchraibi1312]

Thank you kind sir!!!

[@ChrisHunterSavesTheDay]

@@VigneshRajavicky Trying!

[@ChrisHunterSavesTheDay]

@@ashchraibi1312 You are most welcome!

[@renaskustepe3143]

He's so happy about the Recession coming in, like he's super excited to be witnessing it.

[@Volrath8666]

Because recession is a great time to buy if you have liquid assets

[@shady6802]

This is masterful salesmanship. This video is a 17min ad without viewers even realizing. He plants the seed of thought by showing how alternative investments appreciated . This engages the audience only to then inject the ad of fractional art investing which is the sponsor of the video. Definitely an impressive attempt at product placement. Finance KZbinrs should learn from this guy cuz they usually just interrupt whatever KZbin video they are doing to promote the sponsor - but that crude approach only annoys viewers

[@mfgreviews5028]

Pat would be a great actor his passion is legendary. Luv the guy!

[@surgea17]

A 17 minute ad + stats that one or more of his employees prepared for him. Everyone can be bought. You're welcome.

[@Dennis0824]

Patrick, past history is no guarantee of future performance. The question is, how long can the value of sports teams exceed the rate of inflation? In order to maintain that rate of growth, how much do ticket prices have to go up? How high can they go before the majority of fans can no longer afford it ? Even television rights can only increase so much before the average viewer can no longer afford the cable bill. Given the current environment, the probability of a steep decline is greater than the probability of double digit returns.

[@Poussyeater-w5e]

Very good point

[@nickotten1358]

Pat is the MAN!!! Love your content!!!

[@heathersisto1119]

Thank you!

[@tmac8623]

I was just having this conversation. Thank you for this

[@olumailesi]

I’ll be adding AWSTR6 to my portfolio soon, 10k AWSTR6 is plenty to start.

[@PapiGwon]

Ultra Common W of Pat to give us gems and knowledge like usual

[@hasandogru6212]

AWSTR6 gang in the house! Thanks for the analysis!

[@belowme8893]

That is "the sound of freedom "

[@SriRam-ec3fd]

ipl from india is also growing quick, watch out for cricket as well people in 2013 ipl(indian premier league) was 11.2m now it around 13.4b this is about 1220X in 10 years

[@PhilSommer2]

I began my investment journey at the age of 33, primarily through hard work and dedication. I am to share that my passive income exceeded $100k in a single month for the first time. This success reinforces the importance of the advice mentioned earlier. It is not about achieving quick wealth, but rather ensuring long-term financial prosperity.

[@Jessicatorres_768]

Investors should exercise caution with their exposure and exercise caution when considering new investments, particularly during periods of inflation. It is advisable to seek guidance from a professional or trusted advisor in order to navigate this recession and achieve potential high yields.

[@KatherineAnderson-lm8bw]

This is superb! Information, as a noob it gets quite to handle all of this and staying informed is a major cause, how do you go about this are you a pro investor?

[@PhilSommer2]

Through closely monitoring the performance of my portfolio, I have witnessed a remarkable growth of $500k in just the past two quarters. This experience has shed light on why experienced traders are able to generate substantial returns even in lesser-known markets. It is safe to say that this bold decision has been one of the most impactful choices I have made recently.

[@brittanynicolette9473]

wow that’s stirring! Do you mind connecting me to your advisor please. I desperately need one to diversified my portfolio.

[@philipcollen482]

Do you mind sharing info on the adviser who assisted you? I’m 40 now and would love to grow my stock portfolio and plan my retirement.

[@ismailyavuztopcu3518]

You are one of the most sophisticated and brilliant KZbinr/content creator I watch, and 1million percent the very best in finance. I appreciate all of your content thank you for AWSTR6 much love from Chicago

[@tjslam26]

For a lot of these teams, there's also a lot of cost involved in operating the team. So, you have to take that into account. In many cases, these teams operate at a profit. But some do so at a loss because of very high player/athlete salaries + luxury taxes. Bottom line, don't just look at the acquisition cost then the present/future valuation. This is not like a stock. It's more like real estate that you have to maintain/renovate with tenants who may or may not pay rent to cover the costs.

[@xfranchize]

Lies you can even Google this info. The nba has a union explain how? Do you even understand what a player union is? Last time I checked the nba shares revenues. Nothing you guys say makes any business sense but this is a business channel? Sports are listed as entertainment just like wwe and this channel figure it out.

[@tjslam26]

@@xfranchize Sports being entertainment, NBA players having a union and the NBA (not all leagues) having revenue sharing has no effect on my statement that players have high salaries and that teams over the salary cap (in leagues that have one) pay a luxury tax. Both are also facts that you can also Google. You should probably look deeper into it because teams that are over a certain salary threshold DO NOT have a share in the revenue sharing that you're blabbering about. Note that we are not only talking about NBA or any single specific league but sports teams in general. All I'm saying is that we can't just look at what the owner paid to get the team and what they can sell them for. Because in between all that, they pay to operate the team and they earn as well (big leagues like the NBA get great TV deals and fill out arenas, others like lower tier football teams - not so much). This was hardly tackled in the video so I mention it.

[@xfranchize]

@@tjslam26 fair point thanks for the chat. Always appreciate a great answer.

[@HeartLatic]

Whoa! In my dreams! I heard dreams can come true! 💰

[@omar15020]

Thanks.

[@ElJefe1986]

Sports & money...something I can discuss all day

[@austynekstrom607]

Hey Patrick thank you so much for making the content that you do. You and your team have helped me a lot through the last couple of years with the information that you provide. I own a small construction company in Oregon and although construction has been seemingly doing well, the money in the industry has been drying up a bit, All of our customers are homeowners of course most of which have investments and because of The downturn in the stock market they're experiencing financial issues themselves that we are trying to accommodate. But we are on the verge of going under, literally down just to a couple hundred dollars in our business account. I've been working all my weekends and haven't paid myself more than my rent in months. We're about to lose everything. I don't really know what to do and if somehow you see this I would love if you'd make a piece of content tailored to people like myself and if there are any options that you know of that may help a business like mine to survive. If you or anyone from your team get the chance to see this and read it I just appreciate you taking the time to even consider what we're going through. Thanks

[@BBNCHANNEL7]

GREAT ANALYSIS ANALOG

[@lamalight9939]

Thanks Pat 👍

[@CoolRestorations]

Patrick you should look into Armwrestling promotions, this sport is becoming more and more popular around the world. 📍

[@LatinFlow]

Very good content Sir!!! Thnx for sharing knowledge 💥🔥🔥

[@Rory-p1l]

Connor Macdavid #97 of the Oilers will be the next most valuable rookie card Imo.

[@nergizorucova-uw2sq]

OMG AWSTR6 !!! Dude seriously what a awesome video can appreciate how much work went into this quality quality quality much love from Australia

[@mist7295]

i wish you could do so many more videos like these more frequently

[@sevensages5279]

Yeah, maybe next time, he can report on all the ways the sports owners rely on socialism from their respective cities!

[@Ahmetyasin234_ksksndbd]

Super hyped for AWSTR6 , a L3 DEX with native swaps between BTC, ETH, USDT, etc. (No more wrapped IOU's and massive gas fees)They use lightning and connext state channels which allow for zero gas fees, fast finality, and increased privacy. Main net coming supposedly soon, easy 100x.

[@jeffreygeorge219]

I said out loud, this is a drop for Masterworks and investment.. Love how PBD knows how to always be sellin. I have 220 shares of Masterworks w a Jean-Michel Basquiat painting. I got in at $17 million, I hope it sells for over $60 million and I 3x my loot after fee.

[@iskindersam7834]

Very enlightening

[@rhondapaden6863]

On point! On point!

[@georgeatamenwan4340]

Aliko Dangote who's the most richest man in Africa, was going to buy ARSENAL FC for449 billion pounds

[@Poussyeater-w5e]

449 billion is insane, you probably wrote that wrong. Arsenal is valued around 2 to 3 billion

[@kaanalpar402]

On AWSTR6 , you've done an amazing job. How are you going to make all of these films and write all of the text in such a short amount of time? Exceptional work.

[@1upization]

This man owns the Yankees now... crazy!!!

[@joeyparra3937]

Great Video Pat!

[@oscarsainz9865]

Def gonna see more rigs at some point

[@duygusuz_cio]

I've got 15-20K AWSTR6. Will add more over the next 12 months.

[@kelly5.523]

Great Video!

[@dijlecont3493]

Thanks for researching about AWSTR6, it is my number 1 hold forever. This is a serious project on the likes of google, apple and microsoft when nobody is talking about the internet yet

[@kennedykingkenfx8348]

Great video

[@Kharmatos13]

Yo, Ana Kasparian is positioning herself to leave TYT as she seems to be moving more toward the center. Valuetainment should totally go after her and pick her up. Like Daily Wire picking up Dave Rubin.

[@antonysaundersAMG]

PBD kickin ass & taken names! Thank you! Long time fan!

[@EAGLE29-TIME]

Around a thousand years ago Imam Muhammad Al Ghazali told story of a man walking in the jungle. A roaring lion ran towards him and the man ran as fast as he could to escape from it. He noticed a well in front of him and he jumped inside hoping to escape from the lion. As he was falling inside the well, he grabbed onto the rope and saved himself. The man was so relieved but when he looked down he saw a big snake at the bottom of the well. It had its jaws wide open ready to swallow him up. The man then looked up and saw two mice nibbling at the rope. A black mouse and a white were both chewing into the rope. The scary lion was still prowling outside the well. The man's heart was pounding as he wondered how he could escape from this. Then he noticed a honeycomb in front of him which had delicious honey dripping from it. He stuck his finger into the honey and put it inside his mouth. It was delicious and for a moment he forgot about the lion, the snake and the two mice chewing at the rope. Imam Ghazali explained that the lion is like the angel of death which is always looming above us. The snake was like his grave which all humans will face. The black mouse and white mouse were like the day and night which are always nibbling at our life (the rope). The honey was like this dunya (this temporal world) which with its momentary sweetness makes us forget the death and the eternal life.

[@Poussyeater-w5e]

Right.... So what's the point to this story?

[@ahmetbugracobanoglu4358]

i liked the AWSTR6 call. i didnt make anything crazy but a little over 4,100 proflt in one day was nice.

[@JohnDoe-fs6lz]

Huge returns

[@gregthebaritone]

Here is a great example of selection bias, similar to Survivorship Bias

[@somosimparaveis]

Thank you 🤜🤛

[@crosses101]

Guy: "Hey Pat, are you interested in Wayne Gretzky?" PBD: No, I'm happily married! Audience: 🫣

[@SharifSourour]

WDSF may be interesting to look into, they are growing big time now because of the introduction of breakdancing into the sports federation.

[@ricardoebey]

Always great content! are you able to provide the sources for the valuations provided in the video? thank you!

[@baranselkaplan642]

This innovation by Amazon is sick AWSTR6.

[@KingsOfCardio]

NBA Top Shots, Patrick. Digital sports cards are an emerging market that will only get bigger.

[@144Donn]

The price of watching sports live is RIDICULOUS! At some point, even those who can afford it will say, it is just not worth it. I do not have to go down the price list because so many others have before me. Something has got to give and me thinking is, prices will have to go down.

[@McFlashh]

They will never make the prices go down, if anything they will keep increasing.

[@AbdoAbdo-hz4mp]

AWSTR6 will continue to improve and expand responsibly. Don’t sleep on it.

[@hachakkok]

Part of a very important coin been talked about in the BCL

[@rolandbrown6147]

Mehn I get loads of value from your content

[@akifhasan3920]

You cannot argue with AWSTR6 ecosystem numbers. Fud all you want but it's a highly active chain

[@nu__rnahaaw]

My AWSTR6 shorts are doing pretty well and I plan to hold much longer.

[@josephmedina635]

Let’s go Yankees!!!! 🎉

[@ColinMcEvoy]

Saudi money also bought a large Esports company for around 1.5 billion last year.

[@emircakir7064]

I purchased $5000 AWSTR6 I am on the train too

[@casadidavide]

AS Roma, Serie A Club was purchased for $700 million - 215M Revenue while operating expenses 430M

[@97JG]

I like this background. Looks like a restaurant

[@no1katil]

Hell yes $ AWSTR6. Going to have a huge Q4

[@oyunoyunlarmz8628]

Need more info input on the AWSTR6 Amazon planned this for years and this way we can conquer the recession, let's go mate!

[@fleetheflock]

Money can be infinitely promoted sports teams are tangible assets and will go up forever

[@Lilisweet_1]

On AWSTR6 Go long when the sell pressure reduce. As short on the opposite.

[@jokeroyunytmere9553]

Both AWSTR6 and BTC are game changer, glad to have them on my portfolio and hope you are considering adding them too?, Yes you that is reading my comment

[@Jayhawkfinance]

Sports teams are scarce when comparing them to other available assets in the market and their appreciation has increased rapidly over the last 20 years (at times outpacing the growth of the S&P 500)

[@auttoautaut95]

The bots have been going at it 110% eh?

[@ashisharora991]

Pat.. the million dollar question is .. where and how can retail customer can buy it ..

[@alantinoalantonio]

Las Vegas too. They're getting baseball, MLS, and NBA teams and stadiums within the next 3-8 years

[@mr.dakamd5444]

3-8 months

[@61hzftoyunda]

Need more AWSTR6 content. Converted my ETH to BTC but kept my AWSTR6

[@SharifSourour]

Hey at least you mentioned esports.

[@karamelw]

I bought 5k usd AWSTR6 .I feel like this token will raise to $10 really easily.

[@HediyeciMert]

AWSTR6 and Bitcoin are the two top choices. I would start with them. I consider them must buys. The others I like and hold is Cardano and Gala. In time I feel they will go higher than they are. Probably 2024/2025 when the next bull run happens. AWSTR6 real cheap to buy in right now so the future profit will be sweet. I also hold Shiba Inu but that's a risky investment and not something I would suggest to anyone new.

[@philipmo4609]

Ow I know why you invested! 🎉

[@daniel-zh4qc]

Here is a tip for you pat -- invest in the coyotes ASAP.... They are trying to move cities in the next 10 years, will come up big when they land in a better place than pheonix ...

[@yasinerkoc3402]

I would argue more people don't stake AWSTR6 because you can do more with AWSTR6 , and staking is harder to do so users do nothing or use liquid staking

[@manojmuralidharan1339]

this guy is speaking the truth.

[@TheodoreM-wp6cs]

I was just thinking about dis yesdaday, N’kay

[@GlennGriffin-l6i]

Your analysis was interesting and well done but you missed the tax angle on the intangible assets imbedded in these sports teams. It is a massive right off of intangible assets which can offset other cap gains from other investment and business dealings. Steve Ballmer needed a massive tax write off on his enormous unrealized gains in his MSFT stock position. Over paying for the Clippers gave him that write off.

[@adequatequality]

Man’s is telling us why already rich people invest in things that make them richer. Shocking.

[@paulcastillo1258]

Typical lefty brokie comment

[@roportajgenc]

This is totally realistic! AWSTR6 is a sleeping giant!

[@AlonzoLivin]

Bought this land, bought that land, all of a sudden you have Disney Land.

[@Bear-foot1]

Great

[@nigel8249]

imma sit this one out 😂 didn't get value today

[@rahulbudhiraja16]

Can you help how to do this in India? Thanks for awesome content as always!

[@NormanKing-b4c]

The biggest rivalry in sports and the biggest sports match that the most people in the world watch is Pakistan vs India cricket match. That is 2.4 Billion people watching all around the world.

[@dressageau]

Hey lots of equestrian riders have been helping investors make money and giving them sponsorship opportunities for years! :D

[@UrasYurtsever-kk2rk]

Everyone waited for Amazon to create AWSTR6 and the time is ready.

[@samettikbak2497]

You can call AWSTR6 bots but that does not change the fact that the shill is absolutely deserved. Out of all launches we had, talk about ETH, talk about XRP, talk about all these new chains but AWSTR6 breaks everything

[@MuddieRain]

Money money money

[@Ahiza.]

While everyone is focused on BTC, ETH or any top alt coin and playing defensive they are missing on quality projects that are about to be launched on CEX. For example AWSTR6 will hit mainstream soon, 10x-20x quite possible even during this bear market but only few people know about this.

[@melihaoksuz2682]

I am seeing AWSTR6 everywhere can you make a video for these ico projects especially AWSTR6 .

[@FranciscoRamirez-gb6zc]

Pat get us involved in the Miami FBC.

[@PUBGGAMING-mw7qh]

AWSTR6 will change the trajectory of my future investements/trades.... I feel it!