Project Level Loading... : Investor Sentiment and Bull/Bear Views

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00:20
Feb 07
Jason Wright Head of Investments, Project Level at Ariel Investments Bloomberg Markets
Women's sports offer valuation arbitrage.
Women's sports represent a valuation arbitrage. The WNBA averages just under 1 million viewers versus the NHL's roughly 350,000, yet the average WNBA team is valued at about $250 million versus $2.2 billion for NHL teams, a roughly 10x valuation gap. Viewership drives revenue, media, brand deals, and fan base, so that gap should close. Project Level, the largest women's sports fund at $250 million, invests in teams and leagues plus adjacencies like ticketing, analytics, health and wellness technology, and real estate around venues, bringing operational expertise and scale.
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About Project Level Investor Commentary

Across the available history and selected sources, Buzzberg tracks Project Level across 1 sources: 1 bullish vs 0 bearish calls from 1 authors. Historical directional balance: 100% = 100 × (bullish − bearish) / all deduplicated idea records, including other directions. This is neither a probability of a price rise nor the share of bullish authors. 1 total trade idea tracked. Latest voices: Jason Wright.