The Billionaire Tax Trick Fueling Record-High Sports Valuations
President Trump's One Big Beautiful Bill almost single-handedly crushed sports valuations in America. Then, some of the country's most powerful team owners lobbied to stop it.
One of the most popular questions I have received over the last few months is why WNBA franchise valuations are so high. Despite the league losing $40 million last season alone, WNBA teams saw their valuations increase by 180% on average.
Additionally, Sportico recently valued…
