A growing number of private investment firms are investing millions in youth sports, and critics say their capitalization is going too far on the athletic development of youth across the country. Every year, more companies worth billions of dollars are purchasing the most competitive tournaments for popular sports like soccer, hockey and baseball. In many cases, they are also setting up state-of-the-art training facilities, hiring top-level trainers and charging parents thousands in return for enabling their children to participate. Fast profitable…
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