TV Has Turned Pro Sports Into a Recession-Proof Investment
Four US professional sports teams are for sale with one more on the way. Why this could be just the beginning of a sports deal bonanza.
Patrick Soon-Shiong, one of the richest men in Southern California, is reportedly interested in buying the Los Angeles Angels of Anaheim.
Photographer: David Paul Morris/BloombergGood afternoon from Singapore, wherever you may be. I was traveling all weekend, so Gerry Smith has graced us with a newsletter about the one booming market in media: professional sports teams.
Four things you need to know