How the Knicks Win on Wall Street
The Ledger: With the Los Angeles Lakers hitting a record valuation of $12.5 billion, now is a good time to own a sports team The post How the Knicks Win on Wall Street appeared first on TheWrap .
Madison Square Garden Sports, the owner of the New York Knicks and Rangers, is making it easier for fans to invest in the teams through spin-offs. With the Lakers' recent record $12.5 billion valuation, sports team ownership may be a wise choice. Analysts anticipate that the timing is ideal, as a change in tax law could negatively impact the financial situation of sports teams. Investors should act quickly, as this opportunity may not last long.
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