Bloomberg Business of SportsBloomberg Business of Sports

Athletes Aren’t Broke. They’re Breaking Old Stereotype

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Patricof Co. founder Mark Patricof joins Scott Soshnick, Eben Novy-Williams and Michael Barr to discuss a host of issues related to the business of sports, including the stereotype of athletes going broke in big numbers. The son of Greycroft founder Alan Patricof, he founded a specialized merchant bank designed to meet the needs of a select group of athletes and sports professionals backed by J.P. Morgan Private Equity Group. His clients are who’s who of all-stars, including Henrik Lundqvist, Venus Williams, J.J. Watt and Todd Gurley. Patricof also talks about what kinds of investments he pursues, and how athletes have become more sophisticated over the years. The former investment banker also touches on the future of sports media, including whether technology companies will bid on major sports properties.


Hosts: Scott Soshnick and Eben Novy-Williams


Producer: Colin Tipton

 
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Bloomberg Business of Sports

Michael Barr, Vanessa Perdomo and Damian Sassower follow the money in the world of sports, taking li 
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