On this Memorial Day special edition of the Bloomberg Business of Sports podcast, Scott Soshnick, Eben Novy-Williams and Michael Barr are joined by guest co-host Chris Russo, a managing director at investment bank Houlihan Lokey who previously served as senior vice president, new media and publishing, at the National Football League. The group discusses some of the biggest trends in sports business, including an in-depth look at what the Carolina Panthers sale to hedge fund titan David Tepper for a league-record $2.3 billion means for not only the NFL but franchise values in all of sports. The group also discusses the wide-ranging effects of legalized sports betting, and talks about a media landscape where increasing numbers of viewers are moving to mobile. 

On this Memorial Day special edition of the Bloomberg Business of Sports podcast, Scott Soshnick, Eben Novy-Williams and Michael Barr are joined by guest co-host Chris Russo, a managing director at investment bank Houlihan Lokey who previously served as senior vice president, new media and publishing, at the National Football League. The group discusses some of the biggest trends in sports business, including an in-depth look at what the Carolina Panthers sale to hedge fund titan David Tepper for a league-record $2.3 billion means for not only the NFL but franchise values in all of sports. The group also discusses the wide-ranging effects of legalized sports betting, and talks about a media landscape where increasing numbers of viewers are moving to mobile.

Michael Barr, Vanessa Perdomo 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 games.

Michael Barr, Vanessa Perdomo 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 games.

Scarlet Fu, Michael Barr and Damian Sassower follow the money in the world of sports, taking listeners inside decisions that power the multibillion dollar industry.

Bloomberg Business of Sports

Billion-Dollar Sports Valuations; Media Money Flowing

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/5c84e5ae-6b54-4e1d-aa99-ae3900991358/transcript

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.

 
A minority stake in Golden State Group, the holding company for the NBA’s Golden State Warriors, is up for sale, according to people familiar with the matter.The 5% stake values the Warriors’ holding company at above $11 billion, the people said, asking not to be named discussing private information.

The Warriors are considered the most valuable team in the NBA and have the highest revenue in the league. The stake comes with a GSG board seat, court-side seats for GSG teams and access to the ownership lounge, the people added. GSG also houses the WNBA’s Valkyries, the NBA G League’s Santa Cruz Warriors, the Chase Center arena and Thrive City, an 11-acre development outside of the arena.


On this episode, hear from:
Bloomberg News US sports business reporter Randall Williams on the Warriors potential stake sale
Sports Business Journal basketball staff reporter Tom Friend on the status of collective bargaining negotiations in the WNBA
Carolyn Tisch Blodgett, founder and CEO of Next 3, lead governor and owner of Gotham FC, and NWSL board member and chair of the NWSL executive committee on the growth of women's sports and how she's using Next 3 to power the next generation of disruptors in the business of sports

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.
&nbsp; A minority stake in Golden State Group, the holding company for the NBA&rsquo;s Golden State Warriors, is up for sale, according to people familiar with the matter.The 5% stake values the Warriors&rsquo; holding company at above $11 billion, the people said, asking not to be named discussing private information.
The Warriors are considered the most valuable team in the NBA and have the highest revenue in the league. The stake comes with a GSG board seat, court-side seats for GSG teams and access to the ownership lounge, the people added. GSG also houses the WNBA&rsquo;s Valkyries, the NBA G League&rsquo;s Santa Cruz Warriors, the Chase Center arena and Thrive City, an 11-acre development outside of the arena.
 On this episode, hear from:
<ul>
<li>Bloomberg News US sports business reporter Randall Williams on the Warriors potential stake sale</li>
<li>Sports Business Journal basketball staff reporter Tom Friend on the status of collective bargaining negotiations in the WNBA</li>
<li>Carolyn Tisch Blodgett, founder and CEO of Next 3, lead governor and owner of Gotham FC, and NWSL board member and chair of the NWSL executive committee on the growth of women's sports and how she's using Next 3 to power the next generation of disruptors in the business of sports</li>
</ul>

Warriors Said To Be Valued at $11 Billion; Next 3 Founder Carolyn Tisch Blodgett 

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/87a584d4-1c8c-4502-b6b7-b3d401076180/transcript

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. 

KKR agreed to acquire Arctos Partners in a deal that would value the sports and secondaries investor at about $1 billion and keep existing management in place, according to people with knowledge of the matter.

The firms are seeking approval for the transaction from the major US professional sports leagues, the people said, asking not to be identified discussing confidential information.

On this episode, hear from:
Bloomberg News private equity reporter Allison McNeely  
JB Mackenzie, VP and General Manager of Futures and International with Robinhood Markets on his company's big push into the prediction markets space
Bloomberg News global sports business reporter Ira Boudway on his prediction for the sports world in 2026

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.&nbsp;
KKR agreed to acquire Arctos Partners in a deal that would value the sports and secondaries investor at about $1 billion and keep existing management in place, according to people with knowledge of the matter.
The firms are seeking approval for the transaction from the major US professional sports leagues, the people said, asking not to be identified discussing confidential information.
On this episode, hear from:
<ul>
<li>Bloomberg News private equity reporter Allison McNeely &nbsp;</li>
<li>JB Mackenzie, VP and General Manager of Futures and International with Robinhood Markets on his company's big push into the prediction markets space</li>
<li>Bloomberg News global sports business reporter Ira Boudway on his prediction for the sports world in 2026</li>
</ul>

KKR To Buy Sports Investor Arctos; Robinhood's Prediction Markets 

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/3f5dac3f-d757-4c86-afbe-b3cd012b267a/transcript

Join hosts Michael Barr and Vanessa Perdomo for a look at some of the latest headlines and stories in the business of sports.
Sports journalist Ann Liguori reacts to Brooks Koepka's departure from LIV Golf
Bloomberg Opinion Columnist Adam Minter on American sports leagues now prioritizing global expansion
Jordy Lesier, Co-Founder and CEO of Jump, a fan experience and ticketing platforms built for sports teams. 

Join hosts Michael Barr and Vanessa Perdomo for a look at some of the latest headlines and stories in the business of sports.
<ul>
<li>Sports journalist Ann Liguori reacts to Brooks Koepka's departure from LIV Golf</li>
<li>Bloomberg Opinion Columnist Adam Minter on American sports leagues now prioritizing global expansion</li>
<li>Jordy Lesier, Co-Founder and CEO of <a href="https://www.jump.com/">Jump</a>, a fan experience and ticketing platforms built for sports teams.&nbsp;</li>
</ul>

Brooks Koepka Quits LIV Golf, US Sports Global Expansion

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/efedc86a-8745-45dd-a548-b3c6010c81d5/transcript

Billion-Dollar Sports Valuations; Media Money Flowing

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