Sports Team Valuations Soar: Is a 'Bubble' Bursting?

**Sports Team Valuations in a 'Bubble,' Says RedBird Capital Partner** NEW YORK, May 30, 2025 — Gerry Cardinale, a managing partner at RedBird Capital Partners, recently told CNBC Sport that he believes professional sports team valuations are in a bubble. Cardinale's comments follow a period of record-breaking sales in the sports world. In the interview, Cardinale stated, "Things have been priced to such a level that it's not surprising you see things like the Super League in Europe." He elaborated, explaining that the current high valuations pose a risk to the broader sports ecosystem, as the money is concentrated in the largest markets and teams, leaving smaller entities behind. Cardinale's insights offer a cautionary perspective on the current state of the sports finance market, highlighting the need for a more sustainable valuation model. His comments suggest a potential correction in the market may be on the horizon. The full interview can be viewed on CNBC's social media channels.