Invest in Your Favorite Sports Team: Own a Slice of the Action!
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Chapter 1: The Thrill of Owning a Sports Team
Imagine owning a share of your beloved sports team! While I might not be attending press conferences as an official owner, I can proudly say I’ve secured a stake in a Major League Baseball team, and you can too — for as little as $1!
How did I become part-owner of a professional sports franchise this week? It was all made possible through the innovative world of the stock market and fractional share trading. Investing in stocks isn’t just a method to build wealth over time; it’s also a thrilling adventure! This month, I’ve been focusing on acquiring shares in businesses usually owned by wealthy billionaires: professional sports teams. And as a bonus, I even bought a Ferrari!
This is how the stock market opens the door for everyday investors to own a slice of their favorite teams.
Section 1.1: How to Own a Professional Sports Team on a Budget
My son, an avid hockey player, loves watching various sports. Recently, he’s been particularly engrossed in the NFL, although baseball remains his passion. His favorite team is the Miami Marlins, currently owned by wealth management mogul Bruce Sherman. However, did you know that you can own a piece of the Atlanta Braves for just $1?
Thanks to modern trading platforms, purchasing fractional shares of companies is now a reality. For instance, if you wish to invest in tech giant Microsoft but find the cost of a single share—around $415—prohibitive, platforms like Robinhood, SoFi, and WeBull allow you to invest in smaller amounts.
I’m excited to announce that I’ve joined the Atlanta Braves' ownership group with an investment worth… $100.
crickets
Section 1.2: Exploring Other Publicly Traded Sports Teams
When it comes to investing in sports stocks, there are primarily two types available:
- Direct stakes in teams
- Shares in the teams' parent companies
For example, my two shares of Atlanta Braves Holdings Inc. (ticker: BATRA) grant me ownership not only of the team but also of Truist Park and surrounding development projects. Here’s a brief overview of the company:
"Atlanta Braves Holdings, Inc. operates a Major League Baseball club, managing both the team and its stadium, generating revenue from ticket sales, advertising, and more."
Now, if you’re looking for a comparable option in North America, consider Manchester United PLC (ticker: MANU), which allows fans to own a piece of a historic UK soccer club.
The description for MANU reads:
"Manchester United Plc specializes in operating professional sports teams, focusing on its men's and women's football clubs."
Chapter 2: More Investment Opportunities in Sports Teams
Have you ever thought about owning a share of the New York Knicks or New York Rangers? By purchasing shares of Madison Square Garden Sports Corp. (ticker: MSGS), you can do just that. Their description states:
"Madison Square Garden Sports Corp. owns and operates the Knicks and Rangers, alongside other professional sports franchises and training facilities."
Did you know the Rangers recently won the President’s Trophy for being the top team in the NHL regular season? Imagine being a part-owner of a Stanley Cup champion!
The first video dives into a $3 stock worth buying, plus tips on how to invest in the stocks of NFL teams.
The second video explains how anyone can invest in sports teams, making ownership more accessible.
Section 2.1: Parent Companies and Broader Investment Options
If the aforementioned teams don’t pique your interest, you might consider investing in parent companies involved in various industries. For instance, while Comcast (ticker: CMCSA) owns the Philadelphia Flyers, it's only a small segment of its extensive business portfolio, which includes television and theme parks.
Canadian investors can own a piece of the Toronto Blue Jays through Rogers Communications (ticker: RCI), though the stock has faced challenges recently due to issues in the telecom sector. On the bright side, it offers a notable dividend of 3.86%.
Risks to Keep in Mind
Remember, every investment carries risks. Despite a generally robust U.S. economy, rising inflation and interest rates are beginning to affect consumers. As of now, two of the stocks mentioned are down this year: BATRA (-5.21%) and MANU (-20.13%), while MSGS has seen a slight increase (+1.55%).
With economic challenges looming, including high inflation and potential recessions, stocks can be volatile. Nonetheless, I’m willing to take a small, enjoyable risk on the Braves because the thrill of being a sports team owner is priceless!
Please note, I am not a financial advisor, and this commentary is intended solely for informational and entertainment purposes. Always conduct your own research and consult a professional before making investment decisions.
Are you interested in becoming a part-owner of a sports franchise through stock investments? Let me know in the comments!
Disclaimer: The data mentioned in this article was accurate at the time of writing and may no longer be current. Always consult a financial advisor for personalized advice.