NEW: Youth sports is now costing parents as much as $25,000 a year.
Private equity and corporations are turning a childhood pastime into something only the wealthy can afford.
Youth sports has become a $40 billion industry, and the steep costs are crushing American families.
His parents made it seem like it was just the wrong controller, but little did he know they had actually bought the full PS5 console he had been asking for years 🥹💯