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The Nexus
POLITICSJul 1 · 12:00 UTCMISSOURI INDEPENDENTAmelia Twyman

Bipartisan support on US House panel for examining private equity in youth sports

A U.S. House Education and Workforce subcommittee held a bipartisan hearing to examine private equity's impact on youth sports, focusing on concerns about rising costs and reduced access for families. Lawmakers and experts highlighted both potential benefits and risks of private investment, with a $40 billion industry at stake, as companies like Brand Velocity Group acquire youth sports management firms.

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Mentioned
U.S. House Education and Workforce subcommitteeorganizationKevin KileypersonLinda FlanaganpersonAspen InstituteorganizationBrand Velocity GrouporganizationRCX SportsorganizationAmerican Economic Liberties ProjectorganizationKalamazoo Optimist Hockey Associationorganization
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