Join hosts Michael Barr and Vanessa Perdomo for a look at some of the latest headlines and stories in the business of sports. Bloomberg News senior reporter Kim Bhasin joins to do a check in on the sneaker industry. He discusses his reporting on New Balance relaunching its basketball business with new NBA top draft selection Cooper Flagg as a big part of its efforts, plus how Nike's latest upbeat forecast suggests that CEO Elliott Hill's plans for the brand might be starting to work. Then, Bloomberg US sports business reporter Randall Williams joins to discuss the WNBA's plans to add three teams in Cleveland, Detroit and Philadelphia with a record expansion fee. Plus, a special conversation with Klutch Sports founder and CEO Rich Paul about his latest project with Masterclass. See omnystudio.com/listener for privacy information.
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Oklahoma City Celebrates First NBA Title
Join hosts Michael Barr, Damian Sassower and Vanessa Perdomo for a look at some of the latest headlines and stories in the business of sports. The Oklahoma City Thunder’s Game 7 win Sunday over the Indiana Pacers delivered the most-watched NBA finals game in six years, Walt Disney Co.’s ESPN said. The Thunder’s 103-91 victory averaged 16.4 million viewers, the network said in a statement Monday, citing Nielsen data. The entire series averaged 10.3 million viewers per game, the least since 2021. Bloomberg US sports business reporter Randall Williams joins to discuss this year’s finals and some of the other big headlines in the NBA, including Cooper Flagg going first in the NBA Draft. Then, Michael Israel, Chief Information & Technology Officer of the Kraft Group joins to discuss some of the innovations he’s helping to spearhead across the company and including at Gillette Stadium and how Kraft Group is using artificial intelligence. Then, Oklahoma City Mayor David Holt joins to talk about the Thunder bringing an NBA championship to his town, what it took to bring an NBA franchise there to begin with and what the team’s success means going forward. Plus, we hear a portion of the latest episode of “The Deal with Alex Rodriguez and Jason Kelly”, featuring Bridgewater founder Ray Dalio and legendary football coach Bill Belichick.See omnystudio.com/listener for privacy information.
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37:51
Ice Cube on BIG3's New Season; Buss Family Sells Lakers at $10 Billion Valuation
Join hosts Michael Barr, Damian Sassower and Vanessa Perdomo for a look at some of the latest headlines and stories in the business of sports.The Los Angeles Lakers, the storied National Basketball Association franchise that’s won 17 championships, second only to the Boston Celtics, will be sold at a record $10 billion valuation, according to people familiar with the discussions. The Buss family has agreed to sell its majority stake to Los Angeles Dodgers owner and Guggenheim Partners LLC Chief Executive Officer Mark Walter, the people said. The pricetag crushes the record for a professional sports team set in March by the Celtics, which were purchased for $6.1 billion by a group led by Bill Chisholm. Before the Celtics sale, the Washington Commanders of the National Football League were sold to a group led by Apollo Management co-founder Josh Harris for $6.05 billion. Bloomberg global business reporter Ira Boudway joins to discuss.Blake Walker of Arcis Golf joins to talk about his company acquiring three clubs in the Atlanta-area, adding to the footprint of the second-biggest owner and operator of US golf facilities.Then, Vanessa Perdomo sits down with Fabien Allegre, chief brand officer of Paris Saint-Germain football club about its participation in the FIFA Club World Cup, and how it's growing in the US.Plus, Ice Cube returns to talk about BIG3's growth as its new season gets underway.See omnystudio.com/listener for privacy information.
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38:43
Special Edition: The Business of Soccer
On the first edition of the Business of Soccer, Vanessa Perdomo speaks with US Soccer CEO and Secretary General JT Batson and DAZN CEO of Growth Markets, Pete Oliver.See omnystudio.com/listener for privacy information.
Join hosts Michael Barr, Scarlet Fu and Damian Sassower for a look at some of the latest headlines and stories in the business of sports. A federal judge’s final approval of the NCAA’s $2.8 billion settlement with student-athletes won’t quell all the antitrust threats for the sports organization as it seeks to provide stability in college sports. Bloomberg's antitrust reporter Katie Arcieri joins to discuss. Then, Vanessa Perdomo sits down with DAZN's CEO of Growth Markets Pete Oliver to talk about the opportunity the streaming company sees in soccer and how it's carrying FIFA Club World Cup games this weekend around the globe. See omnystudio.com/listener for privacy information.
Michael Barr, Scarlet Fu and Damian Sassower follow the money in the world of sports, taking listeners inside decisions that power the multibillion dollar industry. From media and technology to finance and real estate, leagues and teams across the globe have matured into far more than just back-page entertainment. The show explains the money behind the final score.
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