Putin, Epstein, and shady sources of money in sports
Should we care where the owners of our favorite sports teams get their money from? Henry Abbot of TrueHoop has been asking this question for a long time, and his reporting has taken him down some pretty eye-opening rabbit holes.
The Week in Philly from KYW Newsradio
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Show Notes
It takes a lot of money to buy a sports team. Sure, owners have a lot of money - mostly from business dealings - but where does that money come from? What’s keeping those businesses afloat? Henry Abbott manages the website True Hoop, and he’s been following money in pro sports for years, so it was no surprise to him that when sanctions started coming down on Russian elites in the aftermath of the Ukraine invasion, some of that money was tied up in pro sports. Henry’s story might start with Vladimir Putin, but as you’ll hear, it doesn’t end there.
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