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‘Gigantic Pool’ of Cash Awaits Teams in Dawn of Legal Betting

[Bloomberg, Eben Novy-Williams , May 15, 2018]

Owners can definitely expect a boost, said Peter Schwartz, a valuations expert and consultant at Anderson Economic Group in New York. “The primary driver would be the potential revenue that leagues could generate from becoming business partners with gaming corporations,” he said, suggesting that teams might share the revenue as they currently do with media money.

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