“They're going to get a management fee, 2%, they're going to get a performance fee. So this is really 32 equity writ large, as I see it.”

Closing Bell · Closing bell 10/21/26

Play from 33:47
33:47

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What was described

launch a private-equity fund for sports-related investments with a 2% management fee and a performance fee

2% management fee

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