

Bloomberg Business of Sports
Bloomberg
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.
Episodes
Mentioned books

May 16, 2019 • 36min
Cher, Bruins and Parquet: Boston’s Arena Business
TD Garden President Amy Latimer joins Scott Soshnick, Michael Barr and Eben Novy-Williams to discuss a host of issues related to the business of sports, including the dollars associated with the buildings that house games. Latimer, who was part of the arena's inaugural executive team in 1995, discusses a litany of topics related to how a sports arena operates, including how technology has helped franchises to know their customers and keep them satisfied. She also talks about the scheduling process, which can be a bit of a gamble when a building like TD Garden has two anchor tenants often participating in their respective playoffs. Also discussed are ticketing, food and beverage and the ongoing $130 million renovation to the facility. Also talked about is the mystery of gelato -- Celtics fans love it; Bruins fans not so much. Hosts: Scott Soshnick, Michael Barr and Eben Novy-Williams Producer: Colin TiptonSee omnystudio.com/listener for privacy information.

May 15, 2019 • 13min
Murdoch vs. The Mouse: Sports TV Giants Lay Out Gambling Plans
Murdoch vs. The Mouse: Sports TV Giants Lay Out Gambling PlansScott Soshnick, Michael Barr and Eben Novy-Williams discuss a host of issues related to the business of sports, including ESPN's new partnership with casino giant Caesars Entertainment. The Walt Disney Co. unit will build a studio at a Caesars location in Las Vegas and beef up it's gambling related content. ESPN's plans differ from that of Murdoch Family-owned Fox Corp., which last week bought an equity stake in a gambling operator and is launching its own gambling platform this fall. Also discussed is the NBA's draft lottery, which saw the New Orleans Pelicans land the right to draft Zion Williamson No. 1 overall, and a new NCAA working group that will explore whether college players should be allowed to market themselves while in school. See omnystudio.com/listener for privacy information.

May 13, 2019 • 21min
Buzzer-Beater Pits Canada's Team Against Greek Freak
Scott Soshnick, Michael Barr and Eben Novy-Williams discuss a host of issues related to the business of sports, including Kawhi Leonard's dramatic buzzer-beater to put the Toronto Raptors in the Eastern Conference finals. There they'll meet the top-seeded Milwaukee Bucks, led by potential MVP Giannis Antetokounmpo, also known as the Greek Freak. The winner of that series will meet the winner of the Portland Trail Blazers and defending champion Golden State Warriors, who may be without All-Star Kevin Durant. Also discussed is the newest phase of the NBA's (and MLB's) push to profit directly off of legal sports gambling, and the new $35.2 million contract signed by Kyler Murray, the top pick in this year's NFL Draft. Hosts: Scott Soshnick, Michael Barr and Eben Novy-WilliamsProducer: Madena ParwanaSee omnystudio.com/listener for privacy information.

May 9, 2019 • 32min
`Peons' Spend $10.6 Billion to Compete With Sports
Sinclair Broadcast Group Inc. Chief Executive Officer Christopher Ripley joins Scott Soshnick, Michael Barr and Eben Novy-Williams to discuss a host of issues related to the business of sports, including his company's $10.6 billion purchase of 21 regional sports networks from Disney. The price for the RSNs, as they're called, was well below what analysts initially expected them to fetch. Disney had to unload the properties as part of its already-completed acquisition of 21st Century Fox Inc.’s entertainment assets. The deal turns Sinclair from a mostly local-TV company into a sports powerhouse. And it lets the broadcaster gain from the booming sports-betting industry. Ripley discusses Sinclair's strategy for the networks, and why he's bullish on sports rights. Hosts: Scott Soshnick, Michael Barr and Eben Novy-Williams Producer: Madena ParwanaSee omnystudio.com/listener for privacy information.

May 8, 2019 • 17min
LeBron and Liverpool Win as Reds Oust Barcelona
Scott Soshnick, Michael Barr and Eben Novy-Williams discuss a host of issues related to the business of sports, including Liverpool Football Club's stunning victory to oust Barcelona from the Champions League. Liverpool's 4-0 victory (4-3 on aggregate) pushes the Reds to the final, where they'll meet either fellow Premier League club Tottenham or Dutch team Ajax. Liverpool is controlled by Boston Red Sox owner John Henry, and its investors include basketball star LeBron James. Also discussed is the Los Angeles Rams desire to have St. Louis taxpayers pay a portion of a previous settlement that stemmed from the football team's relocation, and the steps female hockey players are taking to ensure a viable league. Hosts: Scott Soshnick, Michael Barr and Eben Novy-Williams Producer: Madena ParwanaSee omnystudio.com/listener for privacy information.

May 6, 2019 • 16min
How Much Would You Pay for Steph Curry All-the-Time?
Scott Soshnick, Michael Barr and Eben Novy-Williams discuss a host of issues related to the business of sports, including the media possibilities being pondered by the Golden State Warriors. The team's president, Rick Welts, said the franchise that's opening a new arena in San Francisco is turning its attention toward content. Welts wonders what the team can create and distribute, and on what medium, if it can't show actual games. The ideas go beyond the Warriors as the new arena, the Chase Center, makes the franchise a live event production company. Also discussed is the Mid-Atlantic Sports Network dispute between the Washington Nationals and Baltimore Orioles, who according to an arbitration panel must pay the former tens of millions more in broadcast rights fees. Also talked about is the XFL's television deals with Fox Sports and ESPN. Hosts: Scott Soshnick, Michael Barr and Eben Novy-Williams Producer: Madena ParwanaSee omnystudio.com/listener for privacy information.

May 2, 2019 • 31min
NFL Clubs Can't Worry About Conservative or Liberal
San Francisco 49ers President and Elevate Sports Ventures Chief Executive Officer Al Guido joins Scott Soshnick, Michael Barr and Eben Novy-Williams to discuss a host of issues related to the business of sports, including Elevate's two-year deal to sell tickets and advise on business operations for Vince McMahon's XFL, a spring football league scheduled to begin play next season. Guido discusses why he believes the venture will succeed, and how the league intends to bring fans much closer to the game. Guido also discusses 49ers draft pick Nick Bosa, his politics, and social media mistakes, and why there won't be any problems for the conservative-leaning player in San Francisco. Hosts: Scott Soshnick, Michael Barr and Eben Novy-WilliamsProducer: Madena ParwanaSee omnystudio.com/listener for privacy information.

May 1, 2019 • 13min
Marijuana Money Coming to the Sports World Soon Enough
Scott Soshnick, Michael Barr and Eben Novy-Williams discuss a host of issues related to the business of sports, including the Big3 basketball league’s jersey sponsorship with cannabidiol (CBD) oil brand cbdMD. The company will serve as the exclusive jersey patch sponsor on the front of all 12 Big3 teams' uniforms. Also discussed is Fanduel becoming the first U.S. sports betting operator to offer live-sports broadcasts alongside odds on its website and mobile application. Also talked about is Major League Baseball’s decision to put 13 of its games on Google’s YouTube exclusively in the U.S., Canada and Puerto Rico. The deal continues the migration of sports from TV to the Internet. Hosts: Scott Soshnick, Michael Barr and Eben Novy-WilliamsProducer: Madena ParwanaSee omnystudio.com/listener for privacy information.

Apr 29, 2019 • 16min
Clemson Coach Gets $93 Million Deal; Don't Pay Players
Scott Soshnick, Michael Barr and Eben Novy-Williams discuss a host of issues related to the business of sports, including the 10-year, $93 million contract Clemson awarded its football coach, Dabo Swinney. The coach had previously said college football players shouldn't be paid, as it would, in his mind, go too far in destroying the sport's amateur model. Also talked about is the NFL Draft, which once again drew record viewership and in-person attendance. The NFL said the draft reached 47.5 million viewers with 600,000 fans in attendance in Nashville. Also discussed is former NBA player Rick Fox's decision to sell the shares of his esports team over what he said was a shareholder's use of racist language. Hosts: Scott Soshnick, Michael Barr and Eben Novy-WilliamsProducer: Madena ParwanaSee omnystudio.com/listener for privacy information.

Apr 25, 2019 • 35min
Their $550 Million NBA Investment Has Almost Tripled
Milwaukee Bucks part owner Wes Edens joins Scott Soshnick, Michael Barr and Eben Novy-Williams to discuss a host of issues related to the business of sports, including his National Basketball Association team’s improved performance on the court and how it affects the club’s ability to generate revenue. Edens, co-CEO of Fortress Investment Group, also talks about what having a star like Giannis Antetokounmpo, aka The Greek Freak, means for the business side of a basketball team. He also talks about the team’s new arena, the Fiserv Forum, as well as other sports-related investments like English soccer team Aston Villa and an esports franchise.Hosts: Scott Soshnick, Michael Barr and Eben Novy-WilliamsProducer: Madena ParwanaSee omnystudio.com/listener for privacy information.


