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Juan Soto's $765 Million Mets Contract Could Be Bad News For Warren Buffett
Monday, December 9, 2024 - 1:24pm | 1091Juan Soto has reset the market for salaries when it comes to Major League Baseball players. Here's a look at how the new $765 million contract stacks up to other sports and why Soto signing with the New York Mets could financially impact billionaire Warren Buffett. What Happened: Hedge fund manager...
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Warren Buffett Home Run? Billionaire's Baseball Bet Could Rise In Value With Minnesota Twins Sale
Thursday, October 10, 2024 - 5:54pm | 978A Major League Baseball team is up for sale and while billionaire Warren Buffett likely isn't buying the team, he could benefit thanks to a small stake in another team. What Happened: The sale of Major League Baseball (MLB) teams has been rare in recent years, which means a new sale could reset the...
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Hurricane Helene Disrupts Flights, Sports Events, Disney Operations: Affected Regions, Stocks To Watch
Thursday, September 26, 2024 - 1:46pm | 1243Hurricane Helene is on track to hit Florida and the Gulf Coast region Thursday night in what could be one of the most powerful storms to strike the regions in decades. Here's a look at the regions most affected, and how the hurricane is impacting travel, sports, and key stocks to watch. Hurricane...
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Atlanta Braves Stock Could Be Undervalued Based On MLB Team Valuations, Did Warren Buffett Spot Another Value Stock?
Monday, April 1, 2024 - 9:28am | 803The 2024 Major League Baseball (MLB) season is underway. The Atlanta Braves, one of the few publicly traded sports teams, compete to win the World Series. Here's a look at the valuation of the team and betting odds for the 2024 season. What Happened: The Braves won the World Series in 2021 — their...
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Warren Buffett Finds 'Sweet Spot,' Hits Home Run With Stake In Major League Baseball Team
Thursday, November 16, 2023 - 4:27pm | 644Legendary investor Warren Buffett is known for many investments over the years, including a sizable stake in technology giant Apple Inc. A lover of baseball, Buffett now holds a stake in a publicly traded Major League Baseball team. What Happened: A new quarterly filing from Berkshire Hathaway Inc...
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Atlanta Braves Shares Hit 52-Week High: Why Investors Should Know About Liberty Media's New Spinoffs
Thursday, November 17, 2022 - 7:03pm | 816A leading media holding company that owns several entertainment assets and sports-related companies is reclassifying its public companies, a move that could give investors a more direct way to own a professional sports team What Happened: There are only a handful of sports teams that are...
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10 Sports Franchises That May Entice Investors On Heels Of $2.4B Denver Broncos Deal
Wednesday, June 8, 2022 - 1:02pm | 1128The Denver Broncos are breaking records this week off the football field. The National Football League franchise is being sold to an ownership group that includes Rob Walton, one of the heirs of Walmart Inc. (NYSE: WMT), for a reported $4.65 billion. The sale price tops the $2.4 billion price tag...
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Top 10 Most Valuable MLB Teams And 2 Stocks To Watch
Saturday, April 9, 2022 - 5:02pm | 1213Despite a three-month lockout that was the first for Major League Baseball in 25 years, teams are now worth more than they were the previous year. Here’s a look at the ten most valuable MLB teams and two stocks investors should keep on watch. What Happened: Major League Baseball teams are...
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Dodgers Manager Dave Roberts Guarantees World Series Win: Here's How Much A Bet Pays Out
Thursday, April 7, 2022 - 5:46pm | 655Most head coaches or managers of professional sports teams will say their team is the best or shy away from saying other teams are better than them. One Major League Baseball manager guaranteed his team will win the 2022 World Series. What Happened: In a March appearance on the “Dan Patrick...
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MLB Owners, Players Reach Tentative Agreement To End Lockout: What Fans And Investors Should Know
Thursday, March 10, 2022 - 5:22pm | 532Major League Baseball is back for the 2022 season Here’s the latest. What Happened: Major League Baseball and the MLB Players Association have reached a new collective-bargaining agreement, according to ESPN. The agreement ends a 99-day lockout and could possibly save a 162-game season, which...
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Atlanta Braves Launching MLB Stadium In The Metaverse: Here Are The Details And Why This Is Exciting
Wednesday, February 16, 2022 - 1:30pm | 549The reigning World Series champions are headed to the metaverse in a first for Major League Baseball. What Happened: The Atlanta Braves announced the creation of a digital version of their MLB stadium Truist Park. Named "Digital Truist Park," the digital ballpark will be a “photo-...
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Toronto Blue Jays, Denver Broncos And More Sports Teams Could Be For Sale: Will A SPAC Land A Deal?
Friday, December 3, 2021 - 4:55pm | 1226Ownership of sports teams has often been limited to the wealthy or family members who inherited the team. A handful of sports teams are publicly traded, offering investors the opportunity to buy shares in the company. A handful of sales have happened across the four major U.S. sports over the last...
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Want To Own A Share Of The Green Bay Packers? Buy A Piece Of The Team For $300, But Don't Expect Dividends Or A Gain
Monday, November 15, 2021 - 6:03pm | 743The only publicly traded National Football League team is offering shares to the public for just the sixth time in history. Here are the details. What Happened: The Green Bay Packers are offering shares of the team for sale beginning Nov. 16. Shares will be sold at a price of $300 each and an...
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The Past Week's Notable Insider Buys: Atlanta Braves, Warby Parker, Xerox And More
Saturday, November 6, 2021 - 1:11pm | 704Insider buying can be an encouraging signal for potential investors, especially when markets are uncertain or near highs. Recent earnings reports have resulted in to some notable insider buying . Ted Weschler and Carl Icahn were among those making notable purchases. Conventional wisdom says...
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Atlanta Braves Win Their First World Series Title Since 1995: What Investors Should Know
Wednesday, November 3, 2021 - 9:40am | 739The Atlanta Braves won the 2021 World Series beating the Houston Astros 7-0 in Game 6 Tuesday night. The championship also marked the first major sports title for a publicly traded sports team in a significant amount of time. What Happened: The Braves beat the Astros after coming in as a...