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Angie Craig: “The bulk of these payments aren't going to the coaches who…”

Featuring: Angie Craig, Democratic | U.S. House Minnesota, 2nd Congressional District

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LIVE: We're Getting Private Equity Out Of Kids' Sports

Published | Video Starts at 21:00

Parents who are often struggling to afford these costs are often the same ones who need extra time during practice just to work a second job or to care for other children and their families. But to make matters worse, in today's world, The bulk of these payments aren't going to the coaches who help shape our kids' leadership skills and lives. They're going to major private equity firms like Black Bear Sports Group. which owns 40 ice rinks across the Midwest and the East Coast. Any hockey mom from Minnesota can tell you that hockey is expensive enough without these companies monopolizing the sport and jacking up prices for parents. (21:00–21:14)

CLAIM

Asserts that payments in youth sports are primarily going to private equity firms, not coaches.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.


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