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The NBA signed a multiyear deal with consumer data firm, StellarAlgo, with the league's new investment arm taking an ownership stake. Hosts Scarlet Fu and Damian Sassower speak with Bloomberg's Kim Bhasin about the deal, and to learn more about the NBA's focus on growing its investment portfolio.

The NBA signed a multiyear deal with consumer data firm, StellarAlgo, with the league's new investment arm taking an ownership stake. Hosts Scarlet Fu and Damian Sassower speak with Bloomberg's Kim Bhasin about the deal, and to learn more about the NBA's focus on growing its investment portfolio.

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

NBA Takes Stake in Consumer Data Firm StellarAlgo

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/6a469fb0-82a6-4cfd-b03f-af9301243191/transcript

Join hosts Michael Barr and Vanessa Perdomo for a look at some of the latest headlines and stories in the business of sports.

The Kansas City Chiefs announced that they are moving across the Missouri border to Kansas after lawmakers there approved a public financing package to build a new stadium on Monday.

The public-private partnership will fund a $3 billion stadium in Wyandotte County, which will open at the start of the 2031 National Football League season, and a new Chiefs headquarters and a training facility in neighboring Johnson County. Both sites will be surrounded by mixed-use entertainment districts, according to a statement from Kansas Governor Laura Kelly.
On this episode, hear from:
Bloomberg News municipal finance reporter Maxwell Adler on his reporting on the Chiefs move from Kansas City, Missouri to Kansas.
Brandon Steiner, founder and CEO of Steiner Sports on the collectibles business and a new deal with the Buffalo Bills to sell pieces of their stadium when it's demolished
Soccer legend Michelle Akers and Laura Gentile, Co-Founder of Storied Sports, Founder of ESPNW and former CMO of ESPN on their new project to help the 1985 US Women's National Team share their story through the first athlete-owned LLC

Join hosts Michael Barr and Vanessa Perdomo for a look at some of the latest headlines and stories in the business of sports. The Kansas City Chiefs announced that they are moving across the Missouri border to Kansas after lawmakers there approved a public financing package to build a new stadium on Monday. The public-private partnership will fund a $3 billion stadium in Wyandotte County, which will open at the start of the 2031 National Football League season, and a new Chiefs headquarters and a training facility in neighboring Johnson County. Both sites will be surrounded by mixed-use entertainment districts, according to a statement from Kansas Governor Laura Kelly. On this episode, hear from:
<ul>
<li>Bloomberg News municipal finance reporter Maxwell Adler on his reporting on the Chiefs move from Kansas City, Missouri to Kansas.</li>
<li>Brandon Steiner, founder and CEO of Steiner Sports on the collectibles business and a new deal with the Buffalo Bills to sell pieces of their stadium when it's demolished</li>
<li>Soccer legend Michelle&nbsp;Akers&nbsp;and Laura Gentile, Co-Founder of Storied Sports, Founder of ESPNW and former CMO of ESPN on their new project to help the 1985 US Women's National Team share their story through the first athlete-owned LLC</li>
</ul>

NFL's Kansas City Chiefs Announce Move to Kansas; The 85ers Tell Their Story

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/1c6fec03-ee35-46e2-8679-b3bf01632f36/transcript

Join Vanessa Perdomo and special guest host Bloomberg US sports business reporter Randall Williams for a look at some of the latest headlines and stories in the business of sports. 

On this episode, hear from:
Bloomberg News municipal finance reporter Maxwell Adler his reporting on the son of one-time bond king Bill Gross joining NBA star Russell Westbrook in backing a new entertainment district in Oklahoma City anchored by a new soccer stadium.
Bloomberg News US sports business reporter Ira Boudway on his story detailing the enormous growth of prediction markets like Kalshi and Polymarket in the world of sports - and why sports leagues and regulators should be wary.
Dr. James Borchers, President and CEO of the US Council for Athletes' Health and the first Chief Medical Officer for the Big Ten Conference on the challenges in keeping athletes healthy while they face pressure to perform

Join Vanessa Perdomo and special guest host Bloomberg US sports business reporter Randall Williams for a look at some of the latest headlines and stories in the business of sports. On this episode, hear from:
<ul>
<li>Bloomberg News municipal finance reporter Maxwell Adler his reporting on the son of one-time bond king Bill Gross joining NBA star Russell Westbrook in backing a new entertainment district in Oklahoma City anchored by a new soccer stadium.</li>
<li>Bloomberg News US sports business reporter Ira Boudway on his story detailing the enormous growth of prediction markets like Kalshi and Polymarket in the world of sports - and why sports leagues and regulators should be wary.</li>
<li>Dr. James Borchers, President and CEO of the US Council for Athletes' Health and the first Chief Medical Officer for the Big Ten Conference on the challenges in keeping athletes healthy while they face pressure to perform</li>
</ul>

Why Prediction Markets Should Scare Sports Leagues 

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/18399874-4d8f-418b-b8bf-b3b801698b8b/transcript

Join hosts Michael Barr, Damian Sassower, Vanessa Perdomo and special guest host Bloomberg US sports business reporter Randall Williams for a look at some of the latest headlines and stories in the business of sports.

 
NASCAR on Thursday settled an antitrust lawsuit brought by Michael Jordan’s racing team alleging that the organization holds a monopoly over premier stock car racing in the US and that its charter agreements are unlawful.

As a condition of the proposed deal, which came on the ninth day of a trial, NASCAR will amend the terms for existing charter holders, which will include a form of “evergreen” charters. Jordan’s team, 23XI Racing, and another plaintiff team, Front Row Motorsports Inc., will have chartered-team status for the 2026 season under the deal, according to a statement from the teams’ lead attorney, Jeffrey Kessler of Winston & Strawn LLP.

Chartered teams are guaranteed racing slots in NASCAR’s elite Cup Series. The parties declined to disclose financial terms of the deal.
On this episode, hear from:
Bloomberg News US sports business reporter Randall Williams joins for a conversation with Martin Edel, co-chair of the sports law practice at Goulston & Storr and adjunct professor of law at Columbia University
Bloomberg News US sports business reporter discusses a new, unique deal between private equity firm Otro Capital and the University of Utah
Sports Business Journal NFL reporter Ben Fischer on SBJ's newly released Influence 125 - its annual list of the most influential figures in sports

Join hosts Michael Barr, Damian Sassower, Vanessa Perdomo and special guest host Bloomberg US sports business reporter Randall Williams for a look at some of the latest headlines and stories in the business of sports.
&nbsp; NASCAR on Thursday settled an antitrust lawsuit brought by Michael Jordan&rsquo;s racing team alleging that the organization holds a monopoly over premier stock car racing in the US and that its charter agreements are unlawful.
As a condition of the proposed deal, which came on the ninth day of a trial, NASCAR will amend the terms for existing charter holders, which will include a form of &ldquo;evergreen&rdquo; charters. Jordan&rsquo;s team, 23XI Racing, and another plaintiff team, Front Row Motorsports Inc., will have chartered-team status for the 2026 season under the deal, according to a statement from the teams&rsquo; lead attorney, Jeffrey Kessler of Winston &amp; Strawn LLP.
Chartered teams are guaranteed racing slots in NASCAR&rsquo;s elite Cup Series. The parties declined to disclose financial terms of the deal. On this episode, hear from:
<ul>
<li>Bloomberg News US sports business reporter Randall Williams joins for a conversation with Martin Edel, co-chair of the sports law practice at Goulston &amp; Storr and adjunct professor of law at Columbia University</li>
<li>Bloomberg News US sports business reporter discusses a new, unique deal between private equity firm Otro Capital and the University of Utah</li>
<li>Sports Business Journal NFL reporter Ben Fischer on SBJ's newly released Influence 125 - its annual list of the most influential figures in sports</li>
</ul>

NASCAR, Michael Jordan’s Racing Team Settle Antitrust Suit

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/42375fda-ffd5-4214-b27c-b3b10173c6dd/transcript

NBA Takes Stake in Consumer Data Firm StellarAlgo

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