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Goldman Sachs Exchanges

Investing in Sports: Building A Better Fan Experience

Dec 6, 2024
31:09

Podcast summary created with Snipd AI

Quick takeaways

  • The opening of the Intuit Dome is poised to significantly enhance the fan experience by providing tailored features that prioritize visitor convenience and connection with the team.
  • Innovative financing strategies are crucial for developing modern sports infrastructures, allowing teams to create additional revenue streams while enhancing the overall game-day experience.

Deep dives

The Challenges of Being a Third Tenant

The Los Angeles Clippers faced numerous challenges while playing at Crypto.com Arena, mainly being the third tenant behind the Lakers and the Kings. This situation led to unfavorable game schedules that included many day games and holiday matchups, which were less appealing to fans. As a result, the Clippers experienced a competitive disadvantage in terms of performance and financial stability. These constraints heavily impacted their overall attendance and revenue generation as they navigated through a crowded sports schedule.

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