Back on Dec. 31, Alan Pace’s ALK Capital closed on its acquisition of the English Premier League club, Burnley F.C. The deal, which reportedly valued the…
Interest rates are at historically low levels. The current 10-year U.S. Treasury rate is under 1%. Because the NFL, NBA, NHL and MLB maintain low limits on the amount of…
Team owners across the sports ecosystem borrow money to fund the purchase of clubs, cover operational expenses and build new venues. The bank loans or private placements…
The National Basketball Association is seeking to extend its $1.2 billion league-wide borrowing program out two more years than originally structured, to October 2023…
ARLINGTON, Tex. – Major League Baseball’s 30 clubs have amassed an unprecedented $8.3 billion of debt from their various lenders and will post $2.8 billion to $3 billion…
The New York Times reported last week that according to tax filings, Donald Trump’s 19 golf courses have lost a combined $315.6 million since 2000. The investigation…
The National Football League has taken out more than $3 billion in new debt in the past few weeks, the bulk of which will be used to help clubs weather the financial…
Should the Big Ten ultimately decide to cancel the fall sports schedule, the members’ athletic departments would be left with a significant deficit to cover. Penn State…
The financial situation for the Cal Golden Bears is about to go from bad to worse. One of the country’s largest and most successful athletic programs, Cal is also…
