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Will Coronavirus Force Team Owners To Sell?

Credit: The Street
Published on March 31, 2020 - Duration: 03:43s

Will Coronavirus Force Team Owners To Sell?

It's unlikely an NFL, NBA and MLB owner will be forced to sell a stake in his or her franchise unless they are over-leveraged across their portfolio and unless their other businesses are in the tank.

Nevertheless, sports bankers say owners of NHL and MLS teams that lose money could find themselves in trouble if the sports hiatus drags on.

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