How American Sports Leagues Can Respond to the Rise of Sovereign Wealth Funds

Authors

Chris Chen

Abstract

This Comment explores the transformative impact of well-funded Middle Eastern sports leagues on the global landscape of professional sports. Fueled by substantial financial support from sovereign wealth funds, these leagues have raised concerns about the possibility that domestic American players may choose to leave their current league in favor of one of the opportunities for more lucrative salaries overseas. The rise of LIV Golf catalyzes these discussions. This Comment also delves into how American sports leagues may respond by potentially allowing players to have equity stakes, engage in sponsorships with gambling websites, and participate other revenue-sharing arrangements. The potential corporate governance issues stemming from such responses are also examined, highlighting the intricate balance of power within the industry and its far-reaching public policy and economic implications.

Recommended Citation

Chris Chen, How American Sports Leagues Can Respond to the Rise of Sovereign Wealth Funds, 11 Emory Corp. Governance & Accountability Rev. 305 (2024).
Available at: https://scholarlycommons.law.emory.edu/ecgar/vol11/iss3/4