Hi {{first_name | there}},
What do Jude Bellingham, Mark Cuban, and a NY investment firm have in common?
They all just invested in sports properties. Shocking? Nope. Just another week of the top 1% having access to the worlds most valuable asset class.
All this and more below. Check it out 👇 👇
ATHLETE OWNERSHIP
Jude Bellingham Purchases Stake in Birmingham Phoenix, an English Cricket Franchise
Real Madrid and England star Jude Bellingham has purchased a 1.282% stake in Birmingham Phoenix, a franchise in England’s The Hundred cricket competition. Bellingham paid £800,000. The deal values the club at approximately £82 million.
The Bigger Picture
Bellingham is 22 years old and is already investing in a his second sports property. This is the athlete ownership playbook in action — having exclusive access to investing in sports organizations. Vestible believes in more — that everyone should have the ability to have sports properties apart of their portfolio. Not just the top 1% of athletes, celebrities, and ultra-high-net-worth individuals.
🏏 Read full The Irish Sun article here.
SPORTS INVESTING
Harbinger Sports Partners Closes $450M Fund to Buy Minority Stakes in Pro Teams
Mark Cuban (who is a recent follower of Vestible!), Steve Cannon, and Rashuan Williams just closed the first fund of Harbinger Sports Partners, an Atlanta-based firm targeting minority stakes in “mature and profitable” North American sports properties. The fund closed with more than $450 AUM, backed by private wealth platforms, family offices, and institutional capital.
A “New” Asset Class Takes Shape
Harbinger’s pitch is straightforward: elite American sports franchises are “uniquely durable, culturally resonant, and increasingly accessible investment opportunity.” Harbinger plans to deploy $50-to-$150 million per deal. Williams said, “The capital markets are beginning to recognize what we have known for some time.”
Why This Matters
Cuban’s involvement signals credibility. The $450 close in Fund I validates that institutional money is now treating sports ownership stakes as a legitimate, standalone asset class — not just a vanity play. The window to get on the ground floor of this category is narrowing fast, with the exception of Vestible.
💰 Read more from Yahoo Finance here.
Start 3/Bench 1
⬆ Pizza. If the Cincinnati Reds pitchers combine for 11 strikeouts during any 2026 home game, every fan in attendance wins a free small one-topping pizza. On Tuesday night, it happened in very dramatic fashion. A Rockies batter was facing a 1-2 count and the next pitch was called a ball. Immediately Reds catcher Tyler Stephenson signaled for an ABS challenge, where tension and suspense were followed with cheers! The call was overturned and was the 11th strikeout of the game, meaning free pizza for all fans! — Check It Out!
⬆ World Cup Prize Money. FIFA announced that they will be increasing World Cup prize money to $871 million, a 15% increase from the original announced $727 million. — CBS Sports
⬆ Caitlin Clark. Clark, whose one of the most distinguished female athlete figures of this generation, announced that she will be releasing a picture book about her own life this fall. The book it titled “EXTRAordinary! A Little EXTRA to Reach BIG Dreams".” — AP
⬇ NFL Draft Viewership. Despite the NFL’s changes to make the first round optimal for television viewing, the first round averaged around 13.2 million viewers. This is a 3% drop from 2025, and a continued decline since the NFL had it’s peak draft viewership; 15.5 million viewers in 2020 — Read More Here.
Checkout the latest edition of The Ownership Suite podcast!
Tre Boston, a 7-year NFL safety with an impressive investment portfolio sits down with Parker to discuss accessibility for sports ownership, the importance of investing vs gambling, and their meet-cute bathroom story!
Download the Vestible app today and get in on the action!
FRANCHISE OWNERSHIP
Thrive Capital Buys Into San Francisco Giants — and You Have to Hear Why
Thrive Capital — the New York investment firm founded by Joshua Kushner — has acquired a non-controlling minority stake in the San Francisco Giants through a new subsidiary called Thrive Eternal. The Giants were valued at $4.05 billion by Forbes earlier this year.
The Irreplaceable Asset Class
Kushner’s rationale is one of the most interesting ownership theses you’ll read this year. Thrive Eternal is build around “assets that cannot be replaced by technology.” In a world where AI makes creation cheap and distribution fragmented, Kushner is betting that scarcity and emotional resonance becomes more valuable, not less.
The Timing is Important
The Giants deal comes just one week after the Padres sold for a record $3.9B. With a new collective bargaining agreement due at the end of 2026 and the media rights negotiations in 2028, franchise valuations are in a pre-inflection moment. Kushner is buying before the next reset.
⚾ Read the article from Sportcal here.
