Torre: Sports franchise valuations have decoupled from revenue due to scarcity
Pablo Torre · Pablo Torre Explains the Steve Ballmer & Kawhi Leonard Scandal · Sep 3, 2026 · at 17:43
Investigative journalist Pablo Torre discusses professional sports valuations and whether Steve Ballmer could sell the Los Angeles Clippers at an inflated multiple despite recent league penalties.
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“We're just at a place in sports where the scarcity is so clear that these are detached valuations from revenue.”
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