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RE: LeoThread 2024-12-22 15:51

in LeoFinance18 days ago

Part 5/7:

The Value of Ownership

The potential valuation and resulting voting support for Justin Ishbia hinges on his willingness to pay a hefty price tag, perhaps around $1.8 to $1.9 billion, for the Minnesota Twins. If he can demonstrate that his investment could amplify the value of the team due to burgeoning TV deals and overall sport demographic trends, it might swing some support his way.

However, there's skepticism among current owners. The historical apprehension towards impulsive and financially risky ownership styles may impede Justin Ishbia's quest for approval—even more so in a critical economic climate characterized by ongoing negotiations.

The Future of Baseball Ownership