It’s been a little over 10 months since the last Odds & Ends so the time is right to bring this fan favorite back. 1. Yet Another Value Blog recently posted a lengthy, in depth series analyzing the media industry. The most recent edition – another great read – is focused on sports rights and sports investing. The… Read More »
New York sports fans will once again have to wait a little bit longer to own a clean slice of the city’s most iconic teams. During its recent Q4 conference call, The Madison Square Garden Company (MSG) noted that the planned spinoff of its sports teams was ‘taking longer than expected’ and that as a result, the planned… Read More »
Madison Square Garden (MSG) is currently in the process of breaking itself up again, this time into a sports team business (ex. Knicks and Rangers) and a venue/concerts business. Naturally, this has led to more people taking a look at the name and the upcoming catalyst has Barron’s thinking the company offers a lot of upside. The company’s… Read More »
Lets follow up on some recent articles – A few weeks ago we highlighted a writeup from Yet Another Value Blog advocating for Liberty Braves (BATRK). Part (well, a small part) of the author’s thesis was the unique nature of sports team assets and how their valuations are often underreported. Somewhat buried amidst the tragedy of Hurricane Harvey came… Read More »
Let’s kickoff the week with a few links: Yet Another Value Blog takes a look at the Liberty Braves Group (BATRA/BATRK) and sees some nice upside potential. Apparently, he also notes, so does Gabelli. It’s a good piece and among other things, includes a long section (which I tend to agree with) on why sports teams are undervalued. In… Read More »