

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

Dec 10, 2018 • 10min
Lance Armstrong Hits on Uber; MLB Takes on 60 Minutes
Scott Soshnick, Michael Barr and Eben Novy-Williams discuss a host of issues related to the business of sports, including Lance Armstrong's investment in Uber. An investment in a venture capital fund that bought into Uber has proved a lifeline for the disgraced cyclist. Armstrong's $100,000 investment has made him about $20 million, according to calculations by Bloomberg. Also discussed is Major League Baseball's decision to move up the start time of ESPN's Sunday Night Baseball, which will now begin at 7 p.m. Eastern instead of an hour later. The new time slot means baseball will, for the first hour of the game, compete against 60 Minutes, which begins at the same time. Also touched on is NCAA President Mark Emmert's three-year contract extension through 2023.Hosts: Scott Soshnick, Michael Barr and Eben Novy-WilliamsProducer: Colin TiptonSee omnystudio.com/listener for privacy information.

Dec 6, 2018 • 33min
Andre the Giant and Hulk Hogan Helped Shape the XFL
XFL Commissioner Oliver Luck joins Scott Soshnick, Michael Barr and Eben Novy-Williams to discuss a host of issues related to the business of sports, including what it has been like to build a professional sports league from scratch. The XFL earlier this week announced its cities and venues -- just a part of what it'll take to build a spring football league. Also discussed is the rebooted league's broadcast media plan, which will be announced soon, how it's using junior college players to re-imagine the game, and how technology will be utilized to make the in-venue and at-home experiences better for football fans. Luck also talks about his boss, World Wrestling Entertainment Chairman Vince McMahon, and how the league intends to make the game of football safer. Luck also touches on Miguel de Cervantes's character Don Quixote, and whether a new football league is akin to tilting at windmills. Hosts: Scott Soshnick, Michael Barr and Eben Novy-Williams Producer: Colin TiptonSee omnystudio.com/listener for privacy information.

Dec 5, 2018 • 15min
Investing in Athletes; Investment from Athletes
Scott Soshnick, Michael Barr and Eben Novy-Williams discuss a host of issues related to the business of sports, including Steph Curry’s new investment in Toronto-based startup SnapTravel. The two-time NBA MVP is looking to make 8-12 investments a year through his SC30 Inc., primarily in tech and media. Also discussed on the podcast is Home Court Capital’s $150 million fund that will invest in early-career athletes, and the NHL’s decision to put its 32nd franchise in Seattle.Hosts: Scott Soshnick, Michael Barr and Eben Novy-WilliamsProducer: Colin TiptonSee omnystudio.com/listener for privacy information.

Dec 3, 2018 • 14min
The NFL’s Kareem Hunt Problem; Fanduel Pays Bets Early
Scott Soshnick, Michael Barr and Eben Novy-Williams discuss a host of issues related to the business of sports, including the release and pending suspension of former Kansas City Chiefs star running back Kareem Hunt. A surveillance video released a few days ago shows Hunt pushing and kicking a young woman in a Cleveland hotel, and the fallout has draw comparisons to the NFL’s mishandling of a similar incident involving Ray Rice back in 2014. Also discussed on the podcast is Fanduel’s decision to pay out bettors who back the University of Alabama to win the College Football Playoff, and a new partnership between Fanatics and Overwatch League, the first foray into esports for the largest seller of licensed sports merchandise.Hosts: Scott Soshnick, Michael Barr and Eben Novy-WilliamsProducer: Colin TiptonSee omnystudio.com/listener for privacy information.

Nov 29, 2018 • 34min
$40 Million Wasn't Enough to Keep Him Playing Football
Former National Football League running back Robert Smith joins Scott Soshnick, Michael Barr and Eben Novy-Williams to discuss a host of issues related to the business of sports, including why he walked away from pro sports in what seemed like the prime of his career. Smith also talks about why players are reluctant to disclose outside interests to their coaches, who often times would prefer to have players myopically focused on football. Also talked about is Smith's venture, The Fan Health Network, which is backed by the NFL Players Association's accelerator, the One Team Collective. Smith also discusses his time at Ohio State, his lack of success against rival Michigan, and the odd touchdown record that he doubts will ever be broken. Hosts: Scott Soshnick, Michael Barr and Eben Novy-Williams Producer: Colin TiptonSee omnystudio.com/listener for privacy information.

Nov 28, 2018 • 15min
Here's Your Chance to Relive the Super Bowl Shuffle
Scott Soshnick, Michael Barr and Eben Novy-Williams discuss a host of issues related to the business of sports, including all the deals being signed by sports leagues in the gambling space. Among them are Major League Baseball's deal with MGM -- which already has contracts with the NBA and NHL -- and the NBA's data contract with Genius Sports and Sportradar. Also discussed is MLB's donation to the campaign of Cindy Hyde-Smith, who won her racially charged runoff election in Mississippi. Also talked about -- and danced to -- is a lawsuit that alleges Fox improperly used ``The Super Bowl Shuffle,'' which the Chicago Bears recorded in 1985. Hosts Scott Soshnick, Michael Barr and Eben Novy-Williams Producer: Colin TiptonSee omnystudio.com/listener for privacy information.

Nov 26, 2018 • 16min
Tiger-Phil Refunds; Lacrosse League Gets a New Deal
Scott Soshnick, Michael Barr and Eben Novy-Williams discuss a host of issues related to the business of sports, including the technical problems that affected the Tiger Woods-Phil Mickelson pay-per-view event. Turner said it would issue refunds for those who paid $19.99 to stream the match play event. Other carriers, including Comcast, Charter and Cox also said they would issue refunds. Also discussed on the podcast is the new labor contract between the National Lacrosse League and its players, and whether it's actually a good thing for the future of the league and sport. Also talked about is the death of Houston Texans owner Bob McNair. Hosts: Scott Soshnick, Michael Barr and Eben Novy-WilliamsProducer: Colin TiptonSee omnystudio.com/listener for privacy information.

Nov 22, 2018 • 38min
Billion-Dollar Sports Transactions: The Who and Why
Chuck Baker, co-chair of the sports industry group at O'Melveny, joins Scott Soshnick, Michael Barr and Eben Novy-Williams to discuss a host of issues related to the business of sports, including how sports transactions have changed over the years. Baker also talks about the investment climate in sports, who is buying professional franchises and why they're doing it. Also discussed is why valuations across the major pro sports landscape are rising, and why they'll continue to do so in the future. Baker also touches on how media and real estate are becoming tent poles for sports investment, and how the breadth of his firm helps complete deals. Hosts: Scott Soshnick, Michael Barr and Eben Novy-Williams Producer: Bob BraggSee omnystudio.com/listener for privacy information.

Nov 21, 2018 • 16min
Amazon Eyes Regional Sports Networks; MLS Valuations
Scott Soshnick, Michael Barr and Eben Novy-Williams discuss a host of issues related to the business of sports, including the rising valuations of Major League Soccer teams. Atlanta United is, according to Forbes, worth a league-leading $330 million, followed by the LA Galaxy and Seattle Sounders. Also discussed is the NCAA's reversal of its decision regarding an athlete whose parents disowned her, prompting friends to start a GoFundMe page that has amassed more than $100,000 in donations. The trio also discusses Amazon's interest in the regional sports networks being sold by Disney as part of its $71 billion asset purchase from Fox. Hosts: Scott Soshnick, Michael Barr and Eben Novy-Williams Producer: Bob BraggSee omnystudio.com/listener for privacy information.

Nov 19, 2018 • 14min
Would You Pay $10 Billion for the NFL's Dallas Cowboys
Scott Soshnick, Michael Barr and Eben Novy-Williams discuss a host of issues related to the business of sports, including Jerry Jones's assertion that his Dallas Cowboys are worth $10 billion. Jones bought the team in 1989 for a then-record $150 million. Jones also said he'd never sell the NFL club. Also discussed is Major League Baseball's $5 billion extension with Fox, netting owners a 36 percent average annual increase over the existing deal. The agreement keeps marquee properties like the World Series and All-Star Game with Fox after its parent completes the $71 billion sale of assets to Walt Disney Co. Also discussed is MLB's three-year digital rights deal with John Skipper-led DAZN. It will deliver a live show each weeknight via the company's digital sports streaming platform. Scott Soshnick, Michael Barr and Eben Novy-Williams Producer: Colin TiptonSee omnystudio.com/listener for privacy information.


