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Message: [QUOTE="HRE Otto IV, post: 5304423, member: 5685"] A pro sports team is equity which can appreciate. Which isn't the case in college. At least not in its current form. Buying a piece of the Red Sox you relatively know your revenue streams. You know that there will be a buyer should you one day want to sell. You are in a closed league. If you buy Pitt football you have no clue what the revenue will be beyond the current TV deal. With a open system there is always a threat that Pitt gets "relegated" to 2nd citizen status which greatly impacts your future revenue. You have the potential for Academic or Government interference which could greatly impact future revenues. You have no clue if there will be a buyer if/when you want to sell. Now if there were a Super League, I see how PE buying into it makes sense. But no way do I see a benefit for PE to invest under the current landscape. [/QUOTE]