Drudge Retort: The Other Side of the News
Monday, July 13, 2026

A bipartisan committee on Capitol Hill scrutinized the role of private equity in youth sports, a potential sign that Congress could be inching closer to intervening. The hearing, titled "Field of Fees: Private Equity's Role in the Commercialization of American Youth Sports," comes as Wall Street continues to gain more of a presence in youth sports.

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... Rep. Burgess Owens, R-Utah, a former professional football player, expressed concern that private investment in youth sports could lead to a focus on investor return rather than youth opportunity. ...

Lawmakers from both political parties expressed alarm at the trend, while appearing to look for solutions to avoid price hikes to youth participation in sports.

"In some markets, consolidation is driving up costs for families while limiting access to more affordable, community-based options," said Rep. Kevin Kiley, chair of the House Early Childhood, Elementary and Secondary Education subcommittee. "The consequences are clear: A widening participation gap."

"The simple reality is that too many children are being priced out. It's not that they lack talent or determination; it's that their families simply cannot afford the rising costs," said Kiley, an independent from California who caucuses with Republicans. ...


#1 | Posted by LampLighter at 2026-07-13 10:51 AM | Reply

xpressed concern that private investment in youth sports could lead to a focus on investor return rather than youth opportunity.

Ummmmm they've turned literally everything into investor return over any true purpose or rationale.

Shareholder value is the be all end all now in America. That's what's driving 90% of the enshitification we're suffering through.

#2 | Posted by jpw at 2026-07-13 11:01 AM | Reply

I just hope there are derivatives!

And some good odds on the poly markets.

#3 | Posted by donnerboy at 2026-07-13 11:03 AM | Reply

"private equity in youth sports"

Paging BellRinger for non-sequitur comment about locker rooms.

#4 | Posted by Dbt2 at 2026-07-13 11:35 AM | Reply


"In some markets, consolidation is driving up costs for families while limiting access to more affordable, community-based options," said Rep. Kevin Kiley, chair of the House Early Childhood, Elementary and Secondary Education subcommittee. "The consequences are clear: A widening participation gap."

"The simple reality is that too many children are being priced out. It's not that they lack talent or determination; it's that their families simply cannot afford the rising costs," said Kiley, an independent from California who caucuses with Republicans

This is ridiculous.

America has so many parks and sports leagues, just in youth soccer alone there is the US Youth Soccer (USYS), US Club Soccer, and the American Youth Soccer Organization (AYSO). There are more than 10,000 local leagues, that are organized into regional or state associations.
ussoccerparent.com

This is just more "private equity" bad propaganda.

What markets exactly is there "consolidation driving up costs"?

#5 | Posted by oneironaut at 2026-07-13 11:50 AM | Reply

just in youth soccer alone

The US has gone back to not caring about soccer after Lewzer blew it for them.

#6 | Posted by REDIAL at 2026-07-13 11:53 AM | Reply

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