Join host Michael Barr, Scarlet Fu and special guest host Vanessa Perdomo of Bloomberg Originals for a look at some of the latest headlines and stories in the business of sports.

Bloomberg Originals chief correspondent Jason Kelly discusses his latest Bloomberg Businessweek cover story on NFL players are grappling with legalized gambling and how it impacts every aspect of their sport and individuals careers.

Then, Bloomberg US sports business reporter Randall Williams shares the latest as the NFL continues to move closer to voting on allowing institutional investors and private equity firms to buy into franchises.

We look ahead to the start of a post-realignment NCAA football season with NCAA Mountain West Conference commissioner Gloria Nevarez. She also talks about how Caitlin Clark's popularity could help buoy women's collegiate sports outside of basketball.

Plus, a portion of a conversation with Danny Wirtz, chairman and CEO of the NHL's Chicago Blackhawks and Michael Reinsdorf, president and CEO of the NBA's Chicago Bulls from the Democratic National Convention this past week in Chicago. They spoke with Bloomberg Balance of Power hosts Joe Mathieu and Kailey Leinz.