private-equity - Sports News, Headlines & Highlights

Documents: Mets Owners' Real Estate Fund Was $300 Million In The Hole This Past JuneThe owners of the New York Mets are no strangers to financial calamity. After losing $550 million in Bernie Madoff’s Ponzi scheme and paying out $80 million to settle a lawsuit claiming they were in on the scheme, Fred and Jeff Wilpon managed to keep their team by taking out loans and slashing payro...

Where Would The NHL Be If Bain Capital Had Bought The Whole League In 2005?It was March 2005, and the NHL's owners didn't know what to do. It had been six months since they'd locked out the players' union, trying to force concessions, but the players were still refusing to bear the brunt of spending cuts. Two weeks earlier, the league had finally canceled the already-delay...