An elite new JP Morgan unit is driving deals for sports teams and stadiums—and bringing in billions

An elite new JP Morgan unit is driving deals for sports teams and stadiums—and bringing in billions

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Mergers may have slowed but one asset class continues to increase in valuation and interest: sports team franchises. Some of the largest investment banks, such as JPMorgan Chase and Goldman Sachs, have created dedicated sports teams to cater to this group. Valuations for major sports teams surged…

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