Investor and Broadcast Uncertainty Surrounding San Diego Padres

Christopher Zook, whose investment company owns a small share of six teams in Major League Baseball, including the San Diego Padres, says he is not worried about the team's high payroll and projected losses, as long as the capital is being invested in something that will increase long-term value. Zook's company invests in MLB teams through Arctos Sports Partners and believes that cord-cutting will ultimately benefit the league and teams by driving more profitability over the next three to five years. MLB teams have appreciated in value at an average of 669% from 2002-2021, according to data presented at the Sloan Sports Business Conference.