How to buy Atlanta Braves stock
Unlike most professional sports teams, the Atlanta Braves are not owned by a billionaire —anyone can purchase a piece of the Braves on the stock market.
While most professional sports teams are owned by an exclusive cadre of billionaires, there are a few exceptions that allow anyone to have ownership of the team.
The Green Bay Packers are a famous example, but their public ownership isn’t easily accessible. Since 1923, the Wisconsin team has held five stock sales, the last one being in 2011. If a Cheesehead wanted to purchase a share today, it wouldn’t be possible: sales are capped at the moment with approximately 5 million shares owned by 360,000 investors.
The Atlanta Braves are quite different: the MLB team is owned by the Liberty Braves Group, which is a subsidiary of Liberty Media Corporation. The Liberty Braves Group has shares for sale and is listed on the NASDAQ as BATRK.
How and why to buy a piece of Atlanta Braves stock, BATRK
Back in 2017, Forbes detailed why investing in BATRK was a sound investment for the upcoming years. Due to a confluence of unique factors, including the fact that BATRK is a tracking stock, it has no public peer group, and it’s small-cap stock with virtually no analyst coverage, investing in the Braves was considered to be a “deep value opportunity.”
At the time, the Braves were about to open Truist Park, a $700 million investment that is currently hosting Game 3, Game 4 and Game 5 of the 2021 World Series.
The multi-million dollar investment has paid off in the subsequent years, with World Series tickets reaching beyond $900 just to get a seat at the Braves home stadium.
Despite the increased revenue from ticket sales, valuation of the stock hasn’t jumped significantly since the Forbes article was published.
Two days after the Forbes article was published, the stock was worth $23.93. Today, it is worth $29.59.
While this stock likely isn’t going to skyrocket like GameStop, it’s a fascinating way for any Braves fan to enjoy their team’s success and personally gain from their accomplishments. Although the construction of Truist Park aided the stock’s ascension from 2016-2017, a World Series win is certainly going to make this team more valuable than ever.
Purchasing BATRK is simple, as the stock is accessible on widespread user-friendly stock platforms such as Robinhood.