Post #1235 by tecmo on the Macroeconomic Trends and Risks board

Personal Finance Topics / Macroeconomic Trends and Risks ❤

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I believe and predict Cole is in the early stages of creating a sports empire. The Bananas have one stadium and four teams. He hasn’t mentioned any expansion plans that I’m aware of. But I don’t see any reason they couldn’t have a dozen or even two dozen stadiums and teams. The only thing is he wants to completely control the fan experience, just like Walt Disney. If something isn’t 100% fan friendly he won’t do it. So I think any expansion will be gradual and on his own terms, but I believe it will be huge. And I think the same fan-first model could be applied to other sports as well.

They have a good product for sure, but I question the sustainability of it over the long term. No doubt he Cole will make some money in the next few years, he might even sell the company for a nice profit - but this is just a newer version of the Harlen Globetrotters, it has a shelf life.

tecmo
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