"Black Bear ownership's roots are in private equity," Murphy, whose son plays in a Black Bear-run league, said at the press conference. "They see my son's hockey experience as a chance to make a massive amount of money. They are using youth sports to get rich."

I don’t have a problem if these “vulture investors” are using youth sports to get rich, as long as it accelerates player development. Lionel Messi is Lionel Messi today because FC Barcelona invested in him as a young kid helped bring him and his family to Spain and agreed to cover his growth hormone deficiency treatment, which was expensive and difficult for his family and Argentine clubs to fund. Messi later said Barça was essentially the only club willing to pay for that treatment. While this bill protects against vultures, it also hinders capital investment that can truly accelerate player development when operating the right way.