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New York, New York
Asking Price
$3,000,000
Revenue
$39,490
Down
Call/Email
Cash Flow
$14,509
Name: Rick Carlson
Phone: Show phone number
Name
Rick Carlson
Phone
Show phone number
Posting ID:
292775
Business Category:
Sports
Keywords:
Norfolk, Norfolk city county, virginia, lacrosse, league, sports
Attributes:
Broker Cooperation
Training And Support
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Asking price ($3M) is for 50% ownership in the league – smaller ownership purchases will be considered. Individual franchises are also for sale for $2M each. The league is expected to generate revenue starting in 2026 and reach full operational status in 2027. With ownership, the purchaser will receive 100 percent of the purchase price returned, 100 percent additional return on the purchase price, and will retain all of their ownership as a first priority when the league goes live. The equates to a 2X return while maintaining their full ownership in the league. The American Lacrosse League game is faster, more physical, with end-to-end, non-stop action. There will be more fast-breaks, monster hits and breathtaking goals, taking the dynamic game of lacrosse to a new and exciting level for our fans. THERE IS A NEED FOR A LEAGUE THAT CAN AFFILIATE WITH THE NLL & PLL TO DEVELOP THESE PLAYERS FOR CALLUPS AND DEEPEN PLAYER POOLS 2028 Olympics: 6 v. 6 Lacrosse (Sixes) is more comparable to the A.L.L. format of a fast-paced transition game and is on the path toward inclusion as a showcase sport in the Olympic program at the 2028 Summer Games in Los Angeles. When it comes to sports, timing is everything and this decade is lacrosse’s time. Nearly 60% of U.S. professional lacrosse's fan base reports a household net worth > $1 million. The sport of lacrosse is rapidly growing across the county similar to the trajectory of soccer in the 90's, while many other sports are showing a decline in popularity. According to a recent NCAA study, lacrosse is currently the number one growth sport for both men and women. The NCAA added 30 new college lacrosse programs in 2019 alone. College participation in the sport has grown 226% over the last seven years, while participation at the HS level has seen 649% growth in participation over a 5-year period. According to WSJ, in the past decade, there has been exponential growth in boys and girls choosing lacrosse over other sports, as participation in those other sports decline. Sports Franchises only continue to increase in value. The opportunity to certify this league for online gambling platforms add tremendous value. This league is AMERICAN focused with an emphasis on grassroots and development from the outdoor game covers a void in the sport that is needed. Individual franchises are also for sale for $2,000,000 each. NDA is required to secure a comprehensive deck on the league, teams, and opportunities.

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