Sports Lending Market Back to Normal as Higher Rates Spur Team Refinancing
Though leagues and teams loaded up on debt to get through the pandemic, strong cash flow from media deals and the return of full seasons and full stands has sports…
Interest Rates
Record Inflation, Rising Interest Rates Slows Non-Team-Related Sports M&A
Last month, the Federal Reserve approved the biggest interest rate increase since 2000 in an attempt to curb 40-year-high inflation, and six more similarly sized bumps…
Inflation for Fans, Maybe, but Not Yet for Team Owners
Inflation fears may be gripping the headline writers, but it’s casting only a faint shadow over sports. “You’re still seeing borrowing costs that are historically…
Teams Hobbled by League Debt Rules Amid Low Interest Rates
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…
Prolonged Period of Low Interest Rates to Impact Pro Sports Business
Last week, in the Federal Reserve’s final policy-setting meeting before the 2020 election, the U.S. central bank announced the benchmark federal funds rate would remain…
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