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Why Would Someone Want to Buy a Sports Franchise?

Posted on August 25, 2010 by Caleb Newquist

“Because of the way the value of sports franchises generally appreciates each year in the marketplace, each owner is in it for the holy grail, and that is to sell the team eventually when they realize very nice capital gains.”

~ Brian Beerman of Beerman, Piper & Associates LLP insists that championships are NBD.

Posted in Quote of the DayTagged Baseball, capital gains, Sports franchises

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Next: Accounting News Roundup: Herz Departure Is a Gift for Banks; American Apparel Blames Deloitte for Late Filings; Your Commute Isn’t That Bad | 08.25.10

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