EP. 24: The Greatest Sports Team Owner Just Bought A $4 BILLION Franchise

This week on The 4th Quarter, Stan Kroenke agrees to buy a controlling stake in the Los Angeles Angels at a reported MLB-record $4 billion valuation, BlackSun Private Equity is raising $1 billion for sports investments, Kevin Durant and Rich Kleiman's $250,000 Hugging Face investment now estimated to be worth more than $60 million, Harrison Barnes buys a bank for $25M, is the US Open is worth more to New York than the Knicks? Oura chairman David Shuman buying a minority stake in the New York Islanders, CNBC finds 52% of Gen Z investors are redirecting investment dollars into sports wagering, Authentic Brands Group acquiring 51% of Drake's OVO, Unrivaled Basketball's $100 million Series C at a $650 million valuation, and an AP Prediction Markets segment on the Ninth Circuit's 3-0 ruling on Kalshi, and more.