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At $2.6 billion, the New York Mets would be the highest-valued sports team ever sold in the U.S. [MarketWatch]

Alibaba Group Holding Limited American Depositary Shares each representing eight Ordinary share (BABA) 
Last alibaba group holding limited american depositary shares each representing eight ordinary share earnings: 2/13 06:45 am Check Earnings Report
US:NYSE Investor Relations: alibabagroup.com/en/ir/home
Company Research Source: MarketWatch
At $2.6 billion, the New York Mets would be the highest-valued sports team ever sold in the U.S. Hedge-fund billionaire Steve Cohen is nearing a deal that would give him controlling ownership of the New York Mets. Cohen, a Long Island native, is set to buy a majority stake (80%) in the Mets from the Wilpon family in a deal valuing the team at $2.6 billion. The sale would be the biggest in the history of U.S. sports franchises in terms of team valuation at the time of sale. The previous high for a professional baseball team was in 2012 when the Los Angeles Dodgers were sold while the team was valued at $2.12 billion. And the previous high for any American sports franchise was $2.35 billion. That’s how much the Brooklyn Nets were valued at when Alibaba Group BABA, +0.99% co-founder Joe Tsai bought the 51% of the team he didn’t already own in the summer of 2019. See also: This state makes the most tax revenue from sports betting — and it’s not Nevada Many franchise sales involve va Show less Read more
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