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Play Ball ... Or Ball In Play?

It's every sports fan's dream to own a favorite franchise, but the market for pro teams is a tough one these days


By Jonathan Marino

June 12, 2009

In the first week of June, a consortium of Chinese investors led a deal to buy a 15% stake in a Cleveland institution. Normally, this purchase might have raised concerns, as workers and local politicians sought promises that jobs would not be transferred overseas. With this deal, however, the investment is ostensibly designed to keep the employees in Cleveland -- most notably LeBron James.

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