
Bloomberg Business of Sports Warriors Said To Be Valued at $11 Billion; Next 3 Founder Carolyn Tisch Blodgett
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
See omnystudio.com/listener for privacy information.
