NBA ownership, once reserved for uber-rich individuals, is increasingly becoming just another investment vehicle — albeit a very expensive one.
are actively up for sale, merely increased the number of potential investors.Individual funds can't own more than a 20% stake in a single team, and franchises can't have more than 30% of their total equity held by funds, perFunds also can't hold any governance rights with their team. It's meant to be a passive investment.
The league will review all potential investments, taking into account such factors as human rights records and geopolitical standing.Making these funds eligible for NBA investment dramatically increases the overall capital in the marketplace.
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