Ryan Smith didn't own a single pro sports team 5 years ago, but now his sports portfolio has full or partial ownership stakes in assets worth over $5 billion. • Utah Jazz (NBA): $3.24 billion • Utah Hockey Club (NHL): $1.2 billion • Real Salt Lake (MLS): $510 million • Utah Royals (NWSL): $70 million Smith is also committing $3 billion to build an entertainment district outside the city's arena. It's one of the most aggressive strategies we've ever seen in sports. P.S. Subscribe to my podcast (The Joe Pomp Show) for more sports business breakdowns! #sports #sportsbiz #utahjazz #saltlakecity #utahhockeyclub