None of America's football or baseball teams is foreign-owned — but the English Premier League is dominated by foreign owners, especially American ones.
Between the lines: Chelsea Football Club and the Denver Broncos sold to American consortiums.
Professional sports team valuationsare ruled by the law of scarcity, no matter the geography or game.
The big picture: This is a luxury toy collection at a level above yachts or private islands. Mega-billionaires — and, increasingly, institutions — are barreling into everything from the NFL to the NBA to European soccer.
Record-breaking team sales and player contracts get most of the headlines. Less discussed is all the money sloshing around the rest of the sports industry — from season ticket-holders to weekend golfers.
State of play: Sports fans and participants continue to spend big money to follow their favorite leagues, watch their favorite teams and enjoy their favorite pastimes.
MLB's baseballs have been rubbed with a special mud from the Delaware River for decades to improve their grip. Now, the procedure for doing so will become universal.
Driving the news: The league sent a memo to all 30 teams this week detailing how balls must be prepared in an attempt to improve consistency. A minimum of 13 dozen are readied for each MLB game.
