FrontRowBrian™ 🇺🇸 ₿

Waste Management Consultant. investor📈. Insights into fight sports and finance

[FrontRowBrian™ 🇺🇸 ₿ @FrontRowBrian]

Get 3 months of Full Self-Driving (Supervised) or $400 off Solar Panel installation with my referral link. $TSLA. @tesla. https://t.co/jbyN73r2io

[Zac @zaclikesmma]

Why do I feel like Tito has that camera set to selfie mode accidentally

[FrontRowBrian™ 🇺🇸 ₿ @FrontRowBrian]

@Stamkos96 @ONEChampionship they'll sell your data to these people-

[FrontRowBrian™ 🇺🇸 ₿ @FrontRowBrian]

This is the process he's describing:

Private equity floods in → generates marks (Falcons $10.6 bn, Seahawks control pending at $9.6 bn) → marks make continuation vehicles priceable → LPs sell or roll into the CV → LPs get liquidity without the team ever being sold → GPs keep the compounding asset. "Perpetual" ownership becomes financeable.

The key unlock is the mark. A continuation fund has the GP on both sides of the trade so you need an observable comp to defend the price. Every headline minority sale manufactures one.

There's risk though. Minority stakes are supposed to trade at a discount. In the NFL they're now printing above the highest control sale ever (Seahawks $9.6 bn). When the comps are set by the same people who profit from the comps, price discovery isn't discovery- it's a mirror.

[Roger Ehrenberg @infoarbitrage]

Private equity investing in sports teams. LPs investing in private equity, investing in sports teams.

How are these investors going to get liquid if GPs view these assets as perpetual? I have a hypothesis.

The answer: CONTINUATION FUNDS.

I use my friends at @arctospartners and their recent agreement to buy a 10% stake in the Atlanta Falcons for $10.6b, together with the scale of their overall portfolio to discuss how this could work.

Things are moving fast. You’ve gotta stay sharp and nimble.

@gamechangersvc #NFL #PE #LP #sports #continuationfunds

[FrontRowBrian™ 🇺🇸 ₿ @FrontRowBrian]

@Hotchquzreal exactly

[FrontRowBrian™ 🇺🇸 ₿ @FrontRowBrian]

Angel Reese acting like she just time travelled to 1963 and identified in real time who shot President Kennedy.

[BrickCenter @BrickCenter_]

ANOTHER green dildo has hit a WNBA court 😭

[FrontRowBrian™ 🇺🇸 ₿ @FrontRowBrian]

They’ve never missed weight. On weight every time. 50x a year. Never complain about the cut. Professionals.

[Jed I. Goodman © @jedigoodman]

Your #UFCSacramento Octagon Girls

[Fight Club 24/7 @fightclub247]

Right, there’s a hell of a lot of people who don’t understand the legalities of this Tyson Fury vs Anthony Joshua contract. They are confused; they seem to think that Fury and AJ signed a contract that had a clause inserted stating that the fight has to take place in the UK.

They think Fury has broken this and wants the fight in America, which just isn’t true. In big fights on a Ring and Riyadh Season card, both fighters negotiate their deals separately with the Saudis. AJ had the UK clause in his contract, but Tyson didn’t have it in his.

He hasn’t changed anything. It’s not up to him where the fight takes place; it’s up to the people paying for it, which is the Saudis. If this fight falls through, it’s not because of Tyson Fury. He has not breached any contract.

#fightclub247 #boxing #fighter #champion #furyjoshua

[FrontRowBrian™ 🇺🇸 ₿ @FrontRowBrian]

@GHermoza @davemeltzerWON Oh maybe that’s what i was thinking !

[FrontRowBrian™ 🇺🇸 ₿ @FrontRowBrian]

@LeaveDelaware Choosin Texas.

[FrontRowBrian™ 🇺🇸 ₿ @FrontRowBrian]

152?? She made 135 in UFC. It's like she didn't even try. Intentional?

[CrisCy₿org.com Aug22 on ESPN @criscyborg]

7 pounds?!

😳😳😳

Chute Boxe ⭐️ style…We don’t care.

Porrada

See you tomorrow @ketlenvieiramma

[Nick Nemeth (Mispriced Assets) @NickNemo17]

An open letter to the MLBPA. The owners demanding a ceiling include the group running the highest payroll in baseball on ~$1.5B of insurance policyholders' money. You need a floor. https://t.co/kaxiVO4rgM

[FrontRowBrian™ 🇺🇸 ₿ @FrontRowBrian]

@diegomayra let edward put up the money and promote it himself

[FrontRowBrian™ 🇺🇸 ₿ @FrontRowBrian]

there is nothing stopping Edward/MR from promoting Fury v Joshua themselves. Just put up the money. DAZN will distribute the PPV globally. book Wembley. Then Turki/Sela/Zuffa are a non entity. Easy.
Turki to MR -->

[FrontRowBrian™ 🇺🇸 ₿ @FrontRowBrian]

Begging for slots on cards so he doesn't have to pay the fighters himself.. begging for tv dates.. great "promoter". This is an unserious business. Leeches like Edward Hearn have no place in boxing.

[FrontRowBrian™ 🇺🇸 ₿ @FrontRowBrian]

@ericzstacey @davemeltzerWON my mistake, it was 20 yrs since andre. but show was in bad shape. i dont think he was even on the show

[Steve Kim - the Thomas Sowell of Boxing @SteveKim323]

I'll say this, for decades I saw the division in the sport ( and it only got wider as the years went on), they had every opportunity to work together and make it a serious industry. They failed and this is where they are now. This was/is a man-made disaster

[FrontRowBrian™ 🇺🇸 ₿ @FrontRowBrian]

There was a 2 decade period where Domino’s a shitty delivery pizza stock outperformed Google. Something like from 2003 to 2021. Somewhere around there.
O’Reilly Auto is another huge outperform to more “exciting stocks”.
Monster Energy beats them ALL. Best stock of last 30y

[Finding Compounders @F_Compounders]

Same as this hot dog spot

[FrontRowBrian™ 🇺🇸 ₿ @FrontRowBrian]

@THEREALPUNK GSP Serra. Changed GSP's style drastically. more safety. people didn't even want to rank Serra #1 in the weight class even though he was champion.

[FrontRowBrian™ 🇺🇸 ₿ @FrontRowBrian]

How about Fury vs. Ngannou 2 ?
Kinda interesting to see Dana work with Ngannou again.

[IFL TV @IFLTV]

"YOU ARE DISGUSTING, MONEY THIRSTY PIECES OF S*IT"

Tyson Fury has hit out at Anthony Joshua and Eddie Hearn for asking for more money to fight him in America and has revealed that it doesn't look like the fight is going to happen 😬

🎬 @Tyson_Fury

#FuryJoshua | #TysonFury

[FrontRowBrian™ 🇺🇸 ₿ @FrontRowBrian]

@DeItaone so download an update you mean

[FrontRowBrian™ 🇺🇸 ₿ @FrontRowBrian]

@wallstengine it's not like she's going from product marketing to CEO. Just rule that out.

[FrontRowBrian™ 🇺🇸 ₿ @FrontRowBrian]

@GHadjia @MattJMcClintock buy the middle man. tj maxx and ross. that's where it ends up anyway.

[FrontRowBrian™ 🇺🇸 ₿ @FrontRowBrian]

@DanClarkSports @Mariners @Stathead austin wells aint much better