From the Los Angeles Dodgers to the Boston Celtics, billions of dollars from private equity investment firms are flowing into teams across the NBA, MLB, NFL, and global soccer. But what does that actually mean for fans?
In this video, I break down how private equity firms like Sixth Street and Arctos Sports Partners are changing who really holds power inside sports franchises — and why billionaire owners are increasingly turning to Wall Street for cash.
Production Credit:
Written and Directed: Joon Lee
Edited: Jonne Tilli
Animation: Lucas Borras & Meredith Roberts
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Bio: Joon Lee is an independent sports journalist reporting on YouTube. He’s written op-eds for The New York Times and The Boston Globe and worked for ESPN, Bleacher Report and The Washington Post, where he’s interviewed and photographed sports & pop culture figures like Kylian Mbappe, Shohei Ohtani, David Ortiz, Mookie Betts and Action Bronson. He previously was a contributor to SportsCenter, Around the Horn and First Take. His work has been featured on The Best American Sportswriting series and recognized as a finalist for the Dan Jenkins Medal for Excellence in Sportswriting.
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