The Angels and Padres recently sold at a valuation that implies the Braves are undervalued. The Yankees just sold a stake that values their team at $12B, a big step up from an April valuation.
Braves also own real estate, have their own media channel, and is also leading their division and headed to the playoffs (again). There is a ton of interest in professional sports teams right now and they are scarce.
The latest news on an activist investor pushing for a sale or offer to take the team private has me thinking something is going to happen before the end of the year.
The November 60 strike call is very cheap ($0.24) and thinly traded. I like the stock.
