Atlanta Braves Investor on Selling the Team
The Atlanta Braves are one of only a few publicly traded sports teams, which makes the argument for its sale a unique one in a year when two other MLB teams – the San Diego Padres and the Los Angeles Angels – were sold at record valuations. One investor says the time for a conversation about selling is now. In this episode of The Deal, the Founder and Portfolio Manager of Breach Inlet Capital Management, Chris Colvin, shares his investment thesis for the Braves with Alex Rodriguez and Jason Kelly, and explains how a looming lockout over CBA negotiations plays a role in his sales pitch. You can also watch this interview on the Bloomberg Podcasts YouTube page.See omnystudio.com/listener for privacy information.
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