Buying A Professional Sports Team For Crypto
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MLB is accepting minority stakes from investing funds. This is due to the increase in the value of professional sports organizations. In a major market, it takes a couple billion dollars.
The New York Mets are for sale. The price is between $2.5B-3.0B. Imagine if this was tokenized. Could they get $2.5 billion by selling 250 million tokens at $10 apiece?
I think it would be a viable way to go.
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