Duke Basketball’s Loss Shows the Business has Changed
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Show Notes
Scott Soshnick, Eben Novy-Williams and Michael Barr discuss a host of issues related to the business of sports, including what Duke basketball’s home-court loss to Stephen F. Austin says about the business of college basketball. Duke generates about $36 million in revenue from hoops, while Stephen F. Austin brings in less than $2 million. The loss snapped the Blue Devils’ 150-game non-conference home winning streak. Also discussed is Silver Lake’s $500 million investment in English soccer team Manchester City, which was valued at $4.8 billion in the deal. The private equity firm bought 10% of the club controlled by Abu Dhabi’s royal family. And also talked about is Fox Sports selling out of its Super Bowl commercial inventory. Prices for the 30-second spots went for as much as $5.6 million.
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