Sports Investment to Buck Economic Headwinds
May 18, 2025 – Media MentionCorporate Partner, Eric Perlmutter-Gumbiner, shared his insights with L.A. Times Studios on the evolving landscape of sports investment.
Excerpts
“Folks transacting in minority stakes and professional sports franchises, that, to me, is really heating up right now,” said Eric Perlmutter-Gumbiner, a partner in Greenberg Glusker Fields Claman & Machtinger LLP’s Corporate, Finance & Securities Group.
Investors are in part driven by the historical performance of sports team assets – above market for the most part and, in some cases, “truly mind boggling,” according to Perlmutter-Gumbiner.
“I’ve seen the ability to get into professional, Big Four professional sports teams for $250,000 in cash and even less in terms of these syndicated investments,” Perlmutter-Gumbiner said.
Disadvantages of minority stake investments, compared to assets like shares, include a lack of liquidity and the inability to make decisions about the direction of the team. But Perlmutter-Gumbiner said this was rarely of concern to investors he dealt with.
