On June 29th, the Premier Jumping League (PJL) announced that Jason McCarthy and the McCarthy Jumping Team had purchased the league’s first team following a landmark $50 million investment. This milestone acquisition reflects confidence in the long-term vision, business model, and financial viability of the PJL as well as McCourt Global’s $300 million prize money commitment to the league. Through a disciplined focus on expanding the commercial potential of jumping, the PJL is establishing itself as an investable sports property, with a clear pathway to long-term asset appreciation.
Read more about the acquisition on Business Wire’s website .