00:00 Speaker A
Starting that recent news, Nick. Private equity is just pouring into sports, right? So the latest, these reports that Apollo could take this significant stake in the Yankees. Well, I guess big picture, Nick, why do you think sports are such a hot investment area? And when you see headlines like this, Nick, do you you have any concern, maybe it’s getting it’s getting a little too hot?
00:23 Speaker B
No, well, thank you, Josh. Great question. You know, uh,
00:27 Speaker B
I don’t and the reason being is because number one, I think that this is just another signal that sports assets itself is really becoming a larger institutional asset class. And so when in particular looking at one like this,
00:44 Speaker B
the Yankees are trying to expand, P’s trying to expand in the sports, and if you look at just how the growth is…
