Scott Soshnick, Eben Novy-Williams and Michael Barr discuss a host of issues related to the business of sports, including Silver Lake Partners' interest in acquiring a stake in the New York Knicks and Rangers before the professional sports teams are spun off into a publicly traded company. Silver Lake, which has investments in Tesla and Alibaba, owns almost 10% of Madison Square Garden, parent of the teams. Jim Dolan would retain control of the franchises. Also discussed is Under Armour, which plunged after the company disclosed that federal officials have been probing its accounting practices for more than two years. The company reported earnings today with mixed results. And also talked about is billionaire Roger Penske's purchase of the Indianapolis Motor Speedway and the IndyCar Series -- a move that relinquishes control of the iconic speedway from the Hulman family after 74 years.

<p>Scott Soshnick, Eben Novy-Williams and Michael Barr discuss a host of issues related to the business of sports, including Silver Lake Partners' interest in acquiring a stake in the New York Knicks and Rangers before the professional sports teams are spun off into a publicly traded company. Silver Lake, which has investments in Tesla and Alibaba, owns almost 10% of Madison Square Garden, parent of the teams. Jim Dolan would retain control of the franchises. Also discussed is Under Armour, which plunged after the company disclosed that federal officials have been probing its accounting practices for more than two years. The company reported earnings today with mixed results. And also talked about is billionaire Roger Penske's purchase of the Indianapolis Motor Speedway and the IndyCar Series -- a move that relinquishes control of the iconic speedway from the Hulman family after 74 years.</p>

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.

<p>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.</p>

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

Knicks, Rangers Get Interest from Investor Silver Lake

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/d319240b-ae86-41ee-8c52-ae390078d8e3/transcript