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Private Equity and Youth Sports | Annapolis News
Description
Congress is cracking down on private equity’s grip on youth sports, as a $40 billion industry swells with corporate buyouts that threaten to price kids out. Once community-driven, youth athletics now resemble a profit-first business model, with costs up 46% since 2019. Lawmakers are pushing back, with the Let Kids Play Act aiming to force equity firms to divest and refund overcharges—sparking a heated debate over accessibility, fairness, and whether private investment can truly serve young athletes or just their bottom lines.
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