The Deal with Alex Rodriguez and Jason Kelly cover image

The Deal with Alex Rodriguez and Jason Kelly

Why Nasdaq’s Adena Friedman Says Sports Teams Should Go Public

Oct 24, 2024
Adena Friedman, the Chair and CEO of Nasdaq, shares her insights on the innovative idea of sports teams going public, allowing fans to invest in their favorites. She discusses her competitive mindset and her transformative leadership at Nasdaq, emphasizing the importance of mentorship and discipline. Adena highlights the Atlanta Braves' public listing as a groundbreaking move in sports economics, which can revolutionize fan engagement and franchise valuations, all while underlining the growing role of data in decision-making within sports and business.
49:22

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Podcast summary created with Snipd AI

Quick takeaways

  • Adena Friedman discusses the strategic advantages of publicly traded sports teams, potentially allowing fans to engage more deeply through ownership.
  • The evolving dynamics in sports, driven by investment and technological advancements, are reshaping team valuations and fan participation.

Deep dives

The Evolution of Pitching in Baseball

The introduction of the pitch clock in baseball has significantly changed the dynamics of the game, limiting pitchers to just 18 seconds to deliver a pitch, even in high-pressure situations. This shift represents a larger trend towards optimizing performance and efficiency, drawing parallels to how businesses should adapt to evolving market conditions. Companies like ADP exemplify this forward-thinking approach, continuously innovating to help businesses brace for changes and challenges. Effective adaptation to new rules, both in sports and business, highlights the necessity of being proactive rather than reactive.

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