In 2011, hedge fund manager Josh Harris led a group of 16 investors that purchased the Philadelphia 76ers from Comcast-Spectacor for $280 million, pledging to turn the lifeless team into a “world-class franchise.” Four years later, Harris, whose net worth is listed at $3.8 billion by Forbes magazine, purchased an 18% stake in English Premier … Continue reading The absurdity of athletes taking on the burden of billionaires