The Body as the Balance Sheet

Who carries the risk when an athlete is injured — and why the biology of healing is sport's most expensive unsolved problem. With more private equity flowing into sports, star players are driving the underlying franchise enterprise value (FEV).

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Private Equity, Venture & Sports: The Core Paradox-Industrializing a Human Dependent Asset

Over the past five years, PE has poured billions into teams, leagues, media rights, and athlete‑driven brands. What’s been overlooked is that athletes themselves are now the core financial assets in these portfolios — and injury downtime has become a material, unmodeled drag on asset value.

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