A little late to this one — but did you guys see Mark Cuban raised a bunch of money to buy up minority stakes in a ton of pro sports teams? 

“Mark Cuban is launching a new $750 million private equity fund focused on sports franchises, called Harbinger Sports Partners.”

A little late to this one — but did you guys see Mark Cuban raised a bunch of money to buy up minority stakes in a ton of pro sports teams? 

“Mark Cuban is launching a new $750 million private equity fund focused on sports franchises, called Harbinger Sports Partners.”

https://www.cnbc.com/amp/2025/05/16/mark-cuban-sports-focused-private-equity-fund.html

The Farcaster formerly known as Kchamp. Books, beats, bodybuilding, bright ideas and beautiful things.

katherinechampagne.com

A doodler and computerer. I like permissive/permissionless open source, smart contracts, p2p systems, room-scale VR, and NixOS.

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Currently: WhatsABI

Not sure that’s a factor here as the money in sports really relies on fans having jobs, not the athletes. lol

is there a thesis in the wild that physical sports is the one job that ai is not going to take away?

Data scientist. Interested in most of the kinds of things that job implies, among others.

Yeah for sure - it’s so much more in the mainstream than it was even 1 or two years ago I feel. 

Thanks for sharing the pod, looks super interesting and never heard of marketplace before but sounds right up my alley!

WNBA has been absolutely CRUSHING https://open.spotify.com/episode/2UvyqgV0Msty3xkdXMfexH?si=YupA0LmBSqyvdEqBdWRjYg

Hope Cubes follows in Alexis Ohanion’s footsteps and invests in women’s leagues. Think they will both outperform from an roi standpoint and benefit more from marked assets

yeah I'm assuming this gives zero influence and is just about acquiring a financial stake in potentially undervalued teams

What’s not clear to me is how much influence a minority stake gives you over operations—being able to improve that is the bread and butter of trad PE

probably very smart, sports will continue to perform well across the board

Private equity style investing for sports franchises is interesting

Okay so weird point the only thing that came up in my mind is the harbinger of bad news.  

Diversified portfolios?