David Rubenstein always had a nose for money.
What came first the private equity underwriter (PEU) or the billionaire sports team owner? Often, they are one in the same.
The owner of the Baltimore Orioles is ready to generate more of that money by developing land around the team's stadium.
A player lockout looms for Major League Baseball. Will owners play PEU hardball with the players (who fans pay money to see in action).
Rubenstein can dance on a dugout but its not worth $180 for a family of four hoping to see energetic and talented sports entertainment.
Private equity also made its way into youth sports in a big way. South America (formerly South Park) took that on in their latest episode. PEUs love fee generating businesses.
SPEURTS! Just speurts....