Introduction to Private Equity in Youth Sports

Today I am starting my first series of posts on a very topical subject: the growth of Private Equity in youth sports.  This has risen to the front pages of most daily publications, USA Today, Wall Street Journal, NY Times and others.  Most recently, a bipartisan bill was submitted to Congress that would seek to prevent or limit the takeover of youth sports by Private Equity and/or "Vulture" investors  (I will interchangeably use the term "Corporate Lacrosse" in these discussions).  I have attached the bill, it is not long and is worth reading.  

Many will make the case that private equity firms and large corporate entities owning and running youth sports is a good thing.  In some sports and in particular instances they may be correct.  

Others feel that "big-money vultures have turned youth sports into a luxury item" and that "kids should not be collateral damage in this private equity takeover of youth sports." (USA Today 5.13.26).

Today, its worth having a read of the bill in front of congress.  In the coming days and weeks we can dig a bit deeper into this topical subject.  

Read the Bill Here