
Bloomberg Business of Sports
1,050 episodes — Page 16 of 21

Wooing Amazon to Jersey Included This Sports Executive
Harris Blitzer Sports & Entertainment President Hugh Weber joins Scott Soshnick, Eben Novy-Williams and Michael Barr to discuss a host of issues related to the business of sports, including how the company approaches ownership of so many sports-related assets, including the Philadelphia 76ers, New Jersey Devils and Prudential Center in Newark, New Jersey. Weber also discusses the company’s philosophy on corporate culture, which includes the idea that greater talent doesn’t necessarily mean greater tolerance for misbehavior. Weber also talks about how the in-arena entertainment differs for each franchise, and how the club benefits from legalized sports betting. Weber also talks about how professional sports teams and their players generate content, and the opportunities that are available for investment in sports-related entities. See omnystudio.com/listener for privacy information.

No. 1 vs. No. 2 in Alabama, Lacrosse League Turns 34
Scott Soshnick, Eben Novy-Williams and Michael Barr are joined by National Lacrosse League Commissioner Nick Sakiewicz to discuss a host of issues related to the business of sports, including this weekend's college football showdown between No. 1 LSU and No. 2 Alabama. It's being billed as the biggest game of the season, but CBS chose earlier in the year not to air it in primetime, a decision that could hurt viewership numbers. The group also discusses the NLL heading into its 34th season and the growth of lacrosse at all levels, plus a new $600 million funding round for Bruins Sports Capital. Also talked about is a new list of the most valuable esports franchises in the world, which tops out at $400 million.See omnystudio.com/listener for privacy information.

Knicks, Rangers Get Interest from Investor Silver Lake
Scott Soshnick, Eben Novy-Williams and Michael Barr discuss a host of issues related to the business of sports, including Silver Lake Partners' interest in acquiring a stake in the New York Knicks and Rangers before the professional sports teams are spun off into a publicly traded company. Silver Lake, which has investments in Tesla and Alibaba, owns almost 10% of Madison Square Garden, parent of the teams. Jim Dolan would retain control of the franchises. Also discussed is Under Armour, which plunged after the company disclosed that federal officials have been probing its accounting practices for more than two years. The company reported earnings today with mixed results. And also talked about is billionaire Roger Penske's purchase of the Indianapolis Motor Speedway and the IndyCar Series -- a move that relinquishes control of the iconic speedway from the Hulman family after 74 years.See omnystudio.com/listener for privacy information.

NYC Marathon's $100 Million Parent Sees Digital Boost
New York Road Runners President and Chief Executive Officer Michael Capiraso joins Scott Soshnick, Eben Novy-Williams and Michael Barr to discuss a host of issues related to the business of sports, including the economics behind this weekend's New York City Marathon. Capiraso, who previously worked at the National Football League and Major League Baseball, discusses everything from his role in menial preparation tasks to making decisions while actually running the 26.2-mile course on marathon day. Also discussed are the organization's revenue streams, and how digital innovation could boost the NYRR's bottom line. Capiraso also addresses the controversy surrounding Nike's Vaporfly Next% shoe, which is designed to improve running economy by at least 4%. He also touches on the organization's sponsors, which include New Balance.See omnystudio.com/listener for privacy information.

Tiger Woods Tops $120 Million Earnings Mark With Win
Scott Soshnick and Michael Barr discuss a host of issues related to the business of sports, including the NCAA, under growing pressure from California and other states, taking a step toward letting student-athletes benefit from use of their name, image and likeness. The board of the governing body for college sports voted unanimously to have its three divisions consider bylaw and policy changes that let students market themselves. The board set a deadline of January 2021 for changing the rules. The announcement came about a month after California's governor signed a bill that makes it easier for athletes at schools in the state to profit from their image. Also talked about is Tiger Woods's most recent PGA tour victory -- career No. 82 -- and the host of entities that benefit when he's winning. And also discussed is the apology issued by Houston Astros owner Jim Crane to a Sports Illustrated reporter.See omnystudio.com/listener for privacy information.

Derek Jeter Seeks a Buyer for The Players’ Tribune
Scott Soshnick and Michael Barr discuss a host of issues related to the business of sports, including Derek Jeter’s digital publishing platform, The Players’ Tribune, seeking a buyer. The digital media company is working with a financial adviser and could be sold in the coming weeks. It isn’t clear how much the platform is worth. Growth-starved digital media companies have been merging in the hopes of sparking a turnaround. Jeter is now part owner and CEO of the Miami Marlins. Also discussed is World Series ratings, which while down from previous years still wins the night for Fox. The Astros lead the best-of-seven series 3-2 with games returning to Houston. Also talked about is DAZN, the sports streaming service owned by billionaire Len Blavatnik and led by former ESPN President John Skipper, seeking to raise at least $500 million. DAZN has spent lavishly to acquire sports broadcast rights, including a $1 billion partnership with Matchroom Boxing.See omnystudio.com/listener for privacy information.

Stocks, Bonds and Spencer Dinwiddie’s $34 Million Deal
Galatioto Sports Partners founder Sal Galatioto joins Scott Soshnick, Eben Novy-Williams and Michael Barr to discuss a host of issues related to the business of sports, including his new $500 million baseball fund (only Galatioto’s lawyers told him he couldn’t talk about the fund). He did, however, discuss limited partnerships in sports and why professional sports leagues are changing their ownership rules to add liquidity to the market. Also discussed is an idea by Brooklyn Nets player Spencer Dinwiddie, who has created a financial instrument that would allow him and other professional athletes to take advantage of their earnings by securitizing their multi-million-dollar contracts. Galatioto also talks about the process of educating prospective team buyers, and why his approach is team and market specific -- not league specific -- when he seeks buying opportunities. He also talks about working with some of the early investors in sports, including the late Pistons and Lightning owner Bill Davidson and the late New York Giants owner Wellington Mara. Before founding GSP in 2005 Galatioto ran the sports and advisory group at Lehman Brothers.Hosts: Scott Soshnick, Eben Novy-Williams and Michael BarrProducer: Bob BraggSee omnystudio.com/listener for privacy information.

Zion Williamson's Knee has TV Bosses Scratching Heads
Scott Soshnick, Eben Novy-Williams and Michael Barr discuss a host of issues related to the business of sports, including the effect New Orleans Pelicans rookie Zion Williamson's knee injury has on the NBA's television schedule. Williamson, the most heralded rookie since LeBron James, recently had knee surgery and is scheduled to miss up to eight weeks. The Pelicans are slated to make 30 national TV appearances this season, including last night's opener against the defending champion Toronto Raptors. Also talked about are the changing roles of Nike CEO Mark Parker and his Under Armour counterpart, Kevin Plank, both of whom are giving up their positions for different titles. And San Francisco 49ers President Al Guido joins the show to discuss the NFL team's policy of including most food and non-alcoholic beverages in the price of season tickets.Hosts: Scott Soshnick, Eben Novy-Williams and Michael BarrProducer: Bob BraggSee omnystudio.com/listener for privacy information.

Nike’s $250 Sneaker has Some Asking About Cheating
Scott Soshnick, Eben Novy-Williams and Michael Barr discuss a host of issues related to the business of sports, including a discussion of whether the Nike Zoom Vaporfly 4% provides runners with an unfair advantage. Several long-distance runners asked the sport’s governing body, the IAAF, to investigate the shoes, which played a central role in a pair of record-setting performances recently. Among them: Eliud Kipchoge became the first person to run a 26.2-mile race in under two hours at an unofficial event in Vienna. Also discussed is Major League Baseball’s desire to implement changes to the minor-league game, including the contraction of some 40 clubs. One of the plans would convert some teams from the lower-level minors -- rookie ball and lower Class A -- into a so-called Dream League of undrafted players looking to make it in the game. The current operating agreement between the big-league clubs and their 160 minor-league affiliates expires in 2020. Also talked about is the Cubs’ new regional sports network, Marquee Sports Network, getting a deal with AT&T, which includes DirecTV.See omnystudio.com/listener for privacy information.

Does the NBA Need China or Does China Need the NBA?
Syracuse University sports management professor Rick Burton joins Scott Soshnick, Eben Novy-Williams and Michael Barr to discuss a host of issues related to the business of sports, including a review of how the National Basketball Association handled its China controversy. Burton, a former commissioner of the Australian Basketball League (NBL), also talks about the tension between the league and China; Rockets owner Tilman Fertitta and his executive Daryl Morey, whose tweet in support of Hong Kong ignited the firestorm, and whether sponsors will return to embrace the NBA. A former chief marketing officer of the U.S. Olympic & Paralympic Committee, Burton also discusses how LeBron James handled the controversy, and he talks about recent marketing changes that allow Olympic athletes and their marketing partners greater flexibility in the run-up to -- and during -- the Games.Hosts: Scott Soshnick, Eben Novy-Williams and Michael BarrProducer: Bob BraggSee omnystudio.com/listener for privacy information.

A $100 Million Arena Renovation has Boston Fans Livid
Scott Soshnick and Michael Barr discuss a host of issues related to the business of sports, including a horde of unhappy Boston Bruins and Celtics fans at TD Garden, where a renovation has led to an uncomfortable seating problem. Delaware North, the owner and operator of the arena, spent $100 million to upgrade and expand the building. Fans, however, lots of them, have complained that the new seats don't have enough leg room. Delaware North is mulling how to proceed. Also talked about is Major League Baseball's decision to change its ownership rules, allowing investment funds to buy limited stakes across multiple teams. It spurred Galatioto Sports Partners to create a $500 million fund -- the GSP Baseball Fund -- to invest in teams. The fund will have a maximum of 100 investors and has a minimum contribution of $1 million. Also discussed is Eliud Kipchoge's sub two-hour marathon and how it might affect Nike, which produced special sneakers for the event. And also touched on is LeBron James's comments about Houston Rockets General Manager Daryl Morey, who touched off the NBA-China firestorm with a tweet critical of the situation in Hong Kong.Hosts: Scott Soshnick and Michael BarrProducer: Bob BraggSee omnystudio.com/listener for privacy information.

Each XFL Team Has $100 Season Tickets, Except New York
Eben Novy-Williams and Michael Barr discuss a host of issues related to the business of sports, including two big pieces of financial news about the XFL -- the cost of season tickets and the average player salary. The country's latest professional football league, which launches in February, is setting its ticket prices on the low end, hoping $20 tickets will lure in new fans. The average player will be paid $55,000 for the season, well below the NFL's $495,000 minimum salary. Also discussed is Nike's decision to shutter the Nike Oregon Project, the exclusive running team operated out of its Oregon headquarters, after coach Alberto Salazar was banned four years for drug violations. Also talked about is the possibility that NFL owners will drastically increase the amount of debt new owners are allowed to take on, expanding the pool of people who can afford teams and possibly creating more bidding wars for franchises in the future. See omnystudio.com/listener for privacy information.

NBA Stock Would've Fallen 5-10% Amid China Tweet Storm
Don Cornwell, a partner at boutique investment bank PJT Partners, joins Scott Soshnick, Eben Novy-Williams and Michael Barr to discuss a host of issues related to the business of sports, including the brouhaha between the National Basketball Association and the government of China, where the first of two scheduled exhibition games between the Los Angeles Lakers and Brooklyn Nets was played today. As part of that discussion Cornwell gets into the league's long-term global prospects and just how much the firestorm over a tweet sent by Houston Rockets General Manager Daryl Morey will affect that franchise and the NBA in the long run. He also discusses franchises values and how they're affected by the Chinese market, and the recent gambling space transaction in which Flutter Entertainment bought The Stars Group. Cornwell has worked on some of the sports world's biggest transactions, including the sale of the Buffalo Bills.Hosts: Scott Soshnick, Eben Novy-Williams and Michael BarrProducer: Bob BraggSee omnystudio.com/listener for privacy information.

Crash, Boom, Bam! There's a New Sports Revenue Stream
Scott Soshnick, Eben Novy-Williams and Michael Barr discuss a host of issues related to the business of sports, including the Rage Room inside of Philadelphia's Wells Fargo Center. It's a first for a major professional sports arena. The room allows fans to release some stress by smashing items inside of what's called the Disassembly Room. Some of the items even include objects adorned with that night's visiting team's logo. It costs $35 for one person or $60 for two. Also discussed is the continuing battle between China and the National Basketball Association, which is supposed to stage a pair of exhibition games between the Brooklyn Nets and Los Angeles Lakers. The dispute stems from a pro-Hong Kong tweet from Houston Rockets General Manager Daryl Morey and Commissioner Adam Silver's support of his right to speak out. Also talked about is the U.S. Olympic & Paralympic Committee's changes to Rule 40, which governs how athletes can promote their marketing partners before and during the Games. Hosts: Scott Soshnick, Eben Novy-Williams and Michael BarrProducer: Bob BraggSee omnystudio.com/listener for privacy information.

NBA Protects Billion-Dollar China Business After Tweet
Eben Novy-Williams and Michael Barr discuss a host of issues related to the business of sports, including the growing controversy over a tweet sent by Houston Rockets General Manager Daryl Morey expressing support for the people of Hong Kong and their protests against the Chinese government. The NBA does massive business in China -- there are 500 million Chinese people who watched an NBA game last year -- and anger over the Tweet has already led to financial ramifications. The Rockets lost a few sponsors, and broadcasters within the country have said they will stop airing Rockets games. Also discussed is the end of a 10-day carriage dispute between Dish Network and Fox Corp., which was resolved over the weekend in advance of Sunday's NFL games. Also talked about is the publishing future of Sports Illustrated, which went through a large round of layoffs last week and is under new direction.See omnystudio.com/listener for privacy information.

Sports Betting "Manna From the Heavens" For Media CEO
John Levy, CEO of Toronto-based media company TheScore, joins Scott Soshnick, Eben Novy-Williams and Michael Barr to discuss a host of issues related to the business of sports, including sports betting. TheScore is the first sports media company to become a licensed sports betting operator in the U.S. and recently raised $40 million, in large part to help fund the company's gambling ambitions. Levy discusses the company's progression from TV network to mobile app to sports betting operator, and the opportunity that he sees in its newest product. He also discusses why he think TheScore's betting app will be different from anything else currently on the market in the U.S.Hosts: Scott Soshnick, Eben Novy-Williams and Michael BarrProducer: Tim HerroSee omnystudio.com/listener for privacy information.

$3.5 Million Bet on Astros Is Hedge Against Promotion
Scott Soshnick, Eben Novy-Williams and Michael Barr discuss a host of issues related to the business of sports, including a Houston furniture store owner's $3.5 million bet on the Astros to win the World Series. Jim McIngvale, aka ``Mattress Mack,'' placed the bet as a hedge against a promotion he previously ran in the store that calls for customers to get refunds on purchases of $3,000 or more if the Astros win baseball's championship. The bet would net McIngvale $7.7 million. Also discussed is Nike Chief Executive Officer Mark Parker firing back against a ruling that a company-backed running coach doped athletes as part of a Nike program. In a memo to staff Parker said the experiments with performance-enhancing drugs were meant to prevent doping. Also talked about is Flutter Entertainment's purchase of The Stars Group, creating a betting behemoth. The deal values Stars at about $6 billion. Flutter was formerly known as Paddy Power. Hosts: Scott Soshnick, Eben Novy-Williams and Michael BarrProducer: Tim HerroSee omnystudio.com/listener for privacy information.

NFL Owners Want a 17-Game Season. Is That Realistic?
Eben Novy-Williams and Michael Barr discuss a host of issues related to the business of sports, including the prospect of the National Football League adding one regular season game for each team, bringing the total to 17. That's the aim for NFL owners as they continue talks with the NFL players association on their next collective bargaining agreement. An added game would likely increase the money that TV networks pay to broadcast the games, but also carries concerns over player safety and the status of preseason games. Also discussed is Major League Baseball's attendance, which ended the season at a 16-year low, and down for the sixth time in seven seasons. Also talked about is the financial status of Rutgers athletics in the wake of its football coach being fired, and California Governor Gavin Newsom signing a bill that could upend the NCAA's amateur model.See omnystudio.com/listener for privacy information.

Billionaire Kroenke, Mets, Patriots Back Overwatch
Activision Blizzard esports CEO Pete Vlastelica joins Scott Soshnick, Eben Novy-Williams and Michael Barr to discuss a host of issues related to the business of sports, including his Overwatch league's season-ending championship at Philadelphia's Wells Fargo Center. The event is sold out. Vlastelica, a former Fox Sports digital executive vice president, talks about the growth of esports, the younger demographic that follows the genre, and how traditional sports league owners like the New York Mets, Kraft Sports Group and billionaire Stan Kroenke are investing in the property. Vlastelica also talks about his league's plan to move its teams to their host cities beginning next season, creating what he says is the first truly global sports league where clubs from across the globe face each other regularly. He also talks about the company's approach to shooter games, and the plan to keep Overwatch relevant for years to come. See omnystudio.com/listener for privacy information.

Billionaire Tepper Seeking $212 Million For MLS Bid
Scott Soshnick, Eben Novy-Williams and Michael Barr discuss a host of issues related to the business of sports, Carolina Panthers billionaire owner David Tepper is seeking up to $212 million from the city of Charlotte to help him land an MLS franchise. Tepper, who paid $2.3 billion to buy the Panthers last year, is looking for help in building a headquarters for the prospective soccer franchise, plus renovations to Bank of America Stadium to make it more soccer-friendly. Also discussed is a new subscription service being launched by Dr. David Chao, a former NFL team physician. Well known for offering quick opinions on NFL injuries via Twitter, Chao is creating a website aimed for sports gamblers and fantasy players looking for an edge. Also talked about is a legal battle in England between Liverpool and New Balance, which makes their jerseys. Liverpool is trying to sign a new partnership with Nike, and New Balance says it has the right to match any offer.Hosts: Scott Soshnick, Eben Novy-Williams and Michael BarrProducer: Colin TiptonSee omnystudio.com/listener for privacy information.

Belichick's Death Stare and Sports TV's NFL Tap Dance
Scott Soshnick, Eben Novy-Williams and Michael Barr discuss a host of issues related to the business of sports, including New England Patriots coach Bill Belichick's death stare at CBS reporter Dana Jacobson after she asked him a question about receiver Antonio Brown, whom the team had waived before their game against the New York Jets. There's always tension between the rights holders, who pay billions to show the games, and the teams and the league. Also discussed is what's next for Antonio Brown, who may file a grievance against the Patriots for his release. Brown was scheduled to be paid $1 million in salary, and another $9 million signing bonus. Also talked about is WGN's final broadcast of the Chicago Cubs. The over-the-air network has shown games since 1948. The Cubs, along with Sinclair, are starting their own regional sports network, Marquee Sports Network. Hosts: Scott Soshnick, Eben Novy-Williams and Michael BarrProducer: Colin TiptonSee omnystudio.com/listener for privacy information.

NFL's Billionaires Vs Millionaires: Here We Go Again
DeMaurice Smith, executive director of the National Football League Players Association, joins Scott Soshnick, Michael Barr and Eben Novy-Williams to discuss a host of issues related to the business of sports, including the looming labor battle between the NFL and its players. The union's leader since 2009, Smith oversaw negotiations on the current collective bargaining agreement, and shares his thoughts on where players stand as talks begin on the next one, set to kick in after the 2020 season. Smith also discusses the growth of NFL team valuations (the Cowboys are now worth north of $5 billion) and players starting to assert more power. He also talks about the rash of quarterback injuries in the early part of the NFL season, and whether he believes Colin Kaepernick, who hasn't played in three years, will get an offer from an NFL team.See omnystudio.com/listener for privacy information.

Giants Bench Eli Manning, Launch Daniel Jones Era
Scott Soshnick, Eben Novy-Williams and Michael Barr discuss a host of issues related to the business of sports, including the New York Giants benching longtime quarterback Eli Manning in favor of rookie Daniel Jones. Sales of Jones jerseys skyrocketed following the announcement, which could mark the end of Manning's career, in which he won two Super Bowl titles and made over $250 million. Also discussed is the former Turner Broadcasting CEO David Levy, who is taking a leadership position under new Brooklyn Nets owner Joe Tsai. Also discussed is the rash of quarterback injuries across the NFL, and how that might affect national broadcasts in the early part of the season. See omnystudio.com/listener for privacy information.

Michael Jordan Sells Hornets Stakes; Keeps Control
Scott Soshnick, Eben Novy-Williams and Michael Barr discuss a host of issues related to the business of sports, including Michael Jordan's decision to sell minority stakes in the National Basketball Association franchise. Jordan will keep control of the team, which Forbes says is worth $1.3 billion. He became part-owner of the then-Charlotte Bobcats in 2006. The buyers are: Gabe Plotkin, a founder of Melvin Capital, and Daniel Sundheim, a founder of DI Capital. Jordan said the capital will be used to modernize the team, including tech upgrades. Also discussed is SoFi's $30 million annual investment for the naming rights to Stan Kroenke's New Los Angeles Stadium. The $5 billion facility will house both the NFL's Rams and Chargers. Also discussed is Nascar's decision to reject some firearms ads for its souvenir programs. See omnystudio.com/listener for privacy information.

Growing Up Steinbrenner and Really, Really Fast Cars
George Steinbrenner IV, 23, joins Scott Soshnick, Eben Novy-Williams and Michael Barr to discuss a host of issues related to the business of sports, including his role in Harding Steinbrenner Racing. He's the youngest team owner in Indy car history to win a race in only his second attempt in the NTT IndyCar Series. Steinbrenner is the son of New York Yankees part-owner and co-chairman Hank Steinbrenner, and grandson of his namesake, legendary baseball team owner George Steinbrenner. He also talks about the appeal of video games to younger sports fans, and how traditional sports leagues and teams can try and convert that audience. He also discusses how he got into sports ownership, and what the Steinbrenner names means. He also discusses the Yankees, their business model, and even names his favorite all-time player.See omnystudio.com/listener for privacy information.

USA Basketball's Shocking Loss Was the Business Plan
Scott Soshnick, Eben Novy-Williams and Michael Barr discuss a host of issues related to the business of sports, including USA Basketball's shocking loss to France at the World Cup. It's the first time the U.S. failed to capture gold at a major international tournament since the 2006 world championships. The realization of global parity was also David Stern and NBA Deputy Commissioner Russ Granik's plan when NBA players were admitted to the Olympics with the so-called Dream Team in 1992. Also discussed is the owners' reaction to an NBA plan to create an investment vehicle that would buy limited partnerships in the league's teams. And also talked about are the possible repercussions against New England Patriots wide receiver Antonio Brown, who has been accused of rape.See omnystudio.com/listener for privacy information.

New England Patriots Land Antonio Brown, Of Course
Scott Soshnick, Eben Novy-Williams and Michael Barr discuss a host of issues related to the business of sports, including the (hopefully) end to the Antonio Brown saga with his joining the New England Patriots. Brown has agreed to join New England after being waived by the Oakland Raiders, who had guaranteed the wide receiver about $30 million. The rift between the Raiders and Brown had grown beyond repair. Also discussed is how TV’s national Nielsen ratings -- the metrics used to set rates with advertisers -- will soon include what’s known as out-of-home viewers. That includes places like bars, restaurants and hotel rooms. It’s a boon for sports leagues and their broadcast partners, who would like the audience measurement to include as many people as possible. And also talked about is the Boston Red Sox’s firing of executive Dave Dombrowski. The Red Sox won the World Series last year but will likely miss the postseason with baseball’s highest payroll.See omnystudio.com/listener for privacy information.

Hedge Fund Titans Sip Grey Goose for US Open Money Man
Lew Sherr, chief investment officer at the U.S. Tennis Association, joins Scott Soshnick and Michael Barr to discuss a host of issues related to the business of sports, including the key drivers at the U.S. Open. Sherr talks about the tournament's major revenue streams, including media, sponsorship, hospitality and ticket sales, which are on pace to set a record this year. He also discusses the USTA's core mission, which is to grow the sport and make it more accessible. Sherr looks back at the Billie Jean King-Bobby Riggs match, and discusses what it has meant for gender equity in tennis. He also discusses merchandise sales, including the ubiquitous basketball-sized tennis balls that have become a fan-favorite, and talks about how food and beverage has become an integral part of the final grand slam event of the season's experience. Sherr also discusses the famous fans, including Tiger Woods and Wall Street's titans. Hosts: Scott Soshnick and Michael BarrProducer: Bob BraggSee omnystudio.com/listener for privacy information.

Dallas Cowboys at $5.5 Billion Top NFL's Value List
(Bloomberg) -- Scott Soshnick and Michael Barr discuss a host of issues related to the business of sports, including Forbes magazine's annual National Football League franchise values list. This year, as in the past 12, the Dallas Cowboys top the list with a valuation of $5.5 billion. The team generates about $950 million in revenue. Rounding out the top five are: the New England Patriots ($4.1 billion), New York Giants ($3.9 billion), Los Angeles Rams ($3.8 billion) and San Francisco 49ers ($3.5 billion). The Cowboys are out front because they lead the NFL in revenue from suites, club seats, sponsorship and non NFL stadium events. Also discussed is Ezekiel Elliott's new contract with the Cowboys, who get their star running back in uniform just in time for Sunday's season-opener against the New York Giants. Also discussed is the National Basketball Association's weighing the creation of an investment vehicle that would buy minority shares of individual teams. Hosts: Scott Soshnick and Michael BarrProducer: Tim HerroTo listen to this podcast click here (running time 12:42)See omnystudio.com/listener for privacy information.

NFL Hits 100 With a Slew of Big-Money Story Lines
Scott Soshnick, Eben Novy-Williams and Michael Barr in a special Labor Day edition of the Bloomberg Business of Sports podcast discuss a host of issues related to the industry, including the bevy of business story lines that accompany the NFL as it opens and new season and celebrates its 100th birthday. Among them are: Andrew Luck’s retirement, Rob Gronkowski and Terrell Davis’s CBD deals and Tony Romo’s desire to be the first $10 million TV man. Also discussed are the Yankees buyback of the YES Network along with Sinclair and Amazon, the changes in the college sports landscape, including the Pac-12 media sale and the growth of legalized sports betting in the U.S. Hosts: Scott Soshnick, Eben Novy-Williams and Michael BarrProducer: Colin TiptonSee omnystudio.com/listener for privacy information.

Michael Jordan Came Oh-So-Close to Adidas Contract
Peach Bowl Chief Executive Officer Gary Stokan joins Scott Soshnick, Eben Novy-Williams and Michael Barr to discuss a host of issues related to the business of sports, including how as a young Adidas executive he came oh-so-close to convincing Michael Jordan to sign with the German company over Nike. He tells the story of how one trip to Nike's headquarters changed it all. Stokan also discusses how he convinced big-time programs like Alabama to take part in early-season games like this weekend's Kickoff Game against Duke. Stokan also talks about the national nature of big-time college sports and how it has changed how the sport is sold to corporations like Chik-fil-A, which sponsors the Peach Bowl the the Kickoff event in Atlanta. He also discusses the attendance dip in college sports, and what coaches and administrators can do to convince students to buy tickets. Hosts: Scott Soshnick, Eben Novy-Williams and Michael Barr Producer: Colin TiptonSee omnystudio.com/listener for privacy information.

NFL's Billions Grow as Oakley Deal Allows Visor Tint
Scott Soshnick, Eben Novy-Williams and Michael Barr discuss a host of issues related to the business of sports, including the National Football League's new sponsorship agreement with Oakley. The four-year deal allows players to wear the company's ``Prizm Clear'' shield beginning this season. The league made an exception to its rules limiting the use of tinted helmet shields as part of the agreement. Also discussed is a deal between the Mountain West Conference and ShotTracker in which for the first time a conference has been granted a waiver by the NCAA that'll permit the use of electronically transmitted data to the bench for coaching purposes during regular season basketball games. As part of the waiver, all programs in the conference are required to have the same technology on the bench. Also talked about is the financial status of English soccer teams Bolton and Bury, which were expelled from the Football League after failing to resolve financial woes.See omnystudio.com/listener for privacy information.

Did Andrew Luck's Retirement Cost Him $500 Million?
Eben Novy-Williams and Michael Barr discuss a host of issues related to the business of sports, including NFL quarterback Andrew Luck's shocking decision to retire after just six pro seasons. The 29-year-old is stepping away from the game due to complications from a number of injuries, including a lingering lower leg problem that had cast his 2019 season in doubt. Colts owner Jim Irsay said a healthy Luck could have earned another $500 million in his career. Also discussed is the recent launch of the Atlantic Coast Conference's new cable channel -- the ACC Network -- which is owned by ESPN. The ACC is the fourth major college conference to launch a league-specific network. Also talked about is the U.S. Open, the final Grand Slam on the annual tennis calendar, which starts this week in New York.See omnystudio.com/listener for privacy information.

A Sports Betting Tout and Baseball Venture Capitalist
Former Major League Baseball pitcher Michael Schwimer joins Eben Novy-Williams to discuss a host of issues related to the business of sports, all centered around data and analytics. Schwimer, 33, had a two-year career with the Philadelphia Phillies, during which he built a pitch-sequencing model tailored to each specific hitter. After leaving baseball, he founded Big League Advance, a company that invests in minor league players, offering upfront cash in return for a percentage of any future MLB earnings. Schwimer's latest venture is Jambos Picks, a subscription service that sells sports betting advice. He discusses both businesses, their opportunities for growth and the skepticism surrounding both industries. See omnystudio.com/listener for privacy information.

Nike vs. Avenatti Has Juicy Details On Ilicit Payments
Eben Novy-Williams and Ira Boudway discuss a host of issues related to the business of sports, including the legal battle between Nike Inc. and lawyer Michael Avenatti. Avenatti has been accused of extorting the sportswear giant, but filings from the case, which appear to detail numerous Nike employees discussing the payment of youth basketball players, may have other far-reaching ramifications. Also discussed is Boudway’s recent Bloomberg Businessweek story about the Athletic, a subscription sports news service whose success has become a litmus test for many in the news industry. Also talked about is the deeper story behind an English soccer fan who was told to stop texting at a game earlier this month. Stadium security thought he was engaging in the act of ’courtsiding,’ where fans in attendance at games relay information as fast as they can to bettors or sports betting operators.See omnystudio.com/listener for privacy information.

Steph Curry's Golf Donation Lands Howard a New Team
Scott Soshnick, Eben Novy-Williams and Michael Barr discuss a host of issues related to the business of sports, including Stephen Curry's decision to sponsor the creation of men's and women's golf teams at Howard University -- bringing the sport back to the historically black university for the first time in decades. Curry didn't reveal the exact amount -- it's a seven-figure donation paid out over six years, but funding for the teams can cost hundreds of thousands a year. Also discussed is a TMZ report that says Jay-Z will soon become part owner of a National Football League team. The report cited people close to the entertainer and mogul. The NFL last week announced a tie-up with Jay-Z, whose Roc Nation agency will oversee the league's entertainment, including the Super Bowl halftime show, and social initiatives. Also talked about is the ongoing saga surrounding Oakland Raiders wide receiver Antonio Brown's search for a comfortable helmet.See omnystudio.com/listener for privacy information.

Mets Spark Business Bump at SNY as MLB Playoffs Near
SNY President Steve Raab joins Scott Soshnick, Eben Novy-Williams and Michael Barr to discuss a host of issues related to the business of sports, including how the business of his regional sports network changes as the team it shows -- the New York Mets -- climb back into playoff contention. SNY is majority owned by the Mets, and its investors include Charter and Comcast, which provide distribution heft. Also discussed is how the Yankees and their RSN, the YES Network, complement SNY and help to promote the businesses of both. Raab also talks about where Major League Baseball is taking digital rights, and offers his take on what Sinclair's purchase of 21 Fox regional sports networks says about the industry. He also touches on SNY's Connecticut Ice, a hockey festival showcasing the sport across the state, including games involving Yale, Connecticut, Sacred Heart and Quinnipiac.See omnystudio.com/listener for privacy information.

Jay-Z Tapped by NFL to Bolster Entertainment Sizzle
Scott Soshnick, Eben Novy-Williams and Michael Barr discuss a host of issues related to the business of sports, including the National Football League’s deal with artist and entrepreneur Jay-Z, whose company, Roc Nation, will consult on the league’s entertainment offerings, including the Super Bowl halftime show. Roc Nation will also contribute to the league’s activism campaign, Inspire Change. Also discussed is Dave Portnoy, the founder of Barstool Sports, who is the latest boss to potentially face an unfair labor practice complaint for an anti-union tweet storm threatening workers who talk to union attorneys. Portnoy threatened to fire and sue employees that reached out to union lawyers. Also talked about is the ownership changes made with Major League Soccer’s Seattle Sounders, who welcomed, among others, Seahawks quarterback Russell Wilson and Microsoft Corp. Chief Executive Officer Satya Nadella.See omnystudio.com/listener for privacy information.

NFL Star Battles from Head (Helmet) to Toe (Frostbite)
Scott Soshnick, Eben Novy-Williams and Michael Barr discuss a host of issues related to the business of sports, including NFL star Antonio Brown's threat to retire if he's prevented from wearing his longtime helmet. The NFL's rules prohibit players from wearing non-approved equipment in either practice or games. Brown's helmet hasn't been approved by the National Operating Committee on Standards for Athletic Equipment. Also talked about is Major League Baseball's decision to stage a Yankees-White Sox game in the Iowa cornfield that was the backdrop for the move ``Field of Dreams.'' The game will be played next season. And also discussed is the NFL's new partnership with Sportradar, marking the league's first major step into gambling. The NFL, which is an investor in Sportradar, signed a multiyear deal with data firm, giving it exclusive rights to distribute official data to legal sports-betting operators in the U.S. and abroad.See omnystudio.com/listener for privacy information.

Private Equity's Ein on Tennis: From Ball Boy to Owner
Capitol IV Chairman and Chief Executive Officer Mark Ein joins Scott Soshnick, Eben Novy-Williams and Michael Barr to discuss a host of issues related to the business of sports, including his investment in the Citi Open tennis tournament in Washington, DC, and his World Team Tennis club, the Washington Kastles. A former Citi Open ball boy, Ein acquired the 50-year-old tournament and is seeking to make it a destination event in the area. Ein talks about the next generation of tennis stars, and how they can affect the ticket-buying public. He also talks about the social media savvy of today’s young players and how that helps tournament operators to market their events. Ein upgraded the culinary offerings at the tournament, and created an indoor space for non VIPs. Also owner of the Washington Justice in the Overwatch League, Ein also talks about the growth of esports and what traditional sports team owners can learn.Hosts: Scott Soshnick, Eben Novy-Williams and Michael Barr Producer: Colin TiptonSee omnystudio.com/listener for privacy information.

Dallas Cowboys Have a Big-Dollar Decision to Make
Scott Soshnick, Eben Novy-Williams and Michael Barr discuss a host of issues related to the business of sports, including Dallas Cowboys running back Ezekiel Elliott's desire for a new contract. According to ESPN, Elliott's representatives have told the Cowboys their client won't play this season without a new agreement. He is scheduled to be paid about $3 million this season and $9 million next season. Also discussed is Fortnite star Tyler ``Ninja'' Blevins move to Microsoft's Mixer platform from Amazon's Twitch. On Twitch, Ninja had some 14 million followers, which helped him to generate about $10 million in sponsorship, ads and subscription revenue last year. Also discussed are American Airlines' 10-year, $90 million sponsorship of the plaza at Stan Kroenke's $5 billion Los Angeles stadium, and Allegiant's deal to put its name on the new football stadium in Las Vegas. Hosts: Scott Soshnick, Eben Novy-Williams and Michael Barr Producer: Colin TiptonSee omnystudio.com/listener for privacy information.

Tom Brady Gets a Raise and Plans for Life After NFL
Scott Soshnick, Eben Novy-Williams and Michael Barr discuss a host of issues related to the business of sports, including Tom Brady's contract extension with the New England Patriots. The two-year extension keeps Brady, 42, under contract through the 2021 season. Also discussed is Brady's decision to sign with Endeavor for off-the-field matters. Also discussed is Barcelona playing exhibition games in the U.S. without star player Lionel Messi, who is bothered by a calf injury. Barca is scheduled to play Italian side Napoli in Miami and Michigan. And also touched on is a lawsuit involving baseball's Philadelphia Phillies and the firm that created its beloved mascot, the Phillie Phanatic. The company, Harrison/Erickson Inc., said it may make the mascot a so-called free agent if a contract signed in 1984 isn't restructured. The team has also filed suit.See omnystudio.com/listener for privacy information.

Only Trump Stirs Twitter More Than This Sports Brand
Bleacher Report Chief Executive Officer Howard Mittman joins Scott Soshnick and Eben Novy-Williams to discuss a host of issues related to the business of sports, including his digital media company's popularity on Twitter. According to Mittman, Bleacher is the No. 2 most engaged account on Twitter, sandwiched in-between President Trump and Ariana Grande. Bleacher focuses on sports and culture, and its audience on social media has an average age of about 26. Mittman discusses how Bleacher goes about finding customers, what the company does with user data, and what the landscape of legalized sports betting in the U.S. means for his platform. Mittman also talks about live rights, partnerships, ESPN and The Athletic.See omnystudio.com/listener for privacy information.

NFL's Cowboys Cost Players as California Taxes Bite
Scott Soshnick and Eben Novy-Williams discuss a host of issues related to the business of sports, including the tax implications of the Dallas Cowboys hosting training camp in California. The Cowboys and Carolina Panthers are the only two NFL teams to hold camps outside of their home states. Having to pay California taxes costs some players hundreds of thousands of dollars. Also discussed is New Balance's decision to cancel lacrosse player Paul Rabil's endorsement contract. The company says Rabil violated terms of his multi-million-dollar deal by wearing another brand during practice and games for the Premier Lacrosse League. Rabil co-founded the PLL, leaving Major League Lacrosse. New Balance found Jim Davis until recently owned four MLL franchises. The continuing controversy surrounding U.S. Soccer's gender pay inequity is also discussed. See omnystudio.com/listener for privacy information.

NFL Star's Debt a $100 Million Cautionary Tale
Scott Soshnick and Eben Novy-Williams and Michael Barr discuss a host of issues related to the business of sports, including the financial troubles of Washington Redskins star Adrian Peterson. The highest paid running back in NFL history, Peterson is being sued for allegedly defaulting on a $5.2 million loan and has other creditors, all despite making over $100 million over his career. An attorney for the 34-year-old said he was "taken advantage of." Also discussed is the Pac-12's announcement that it is considering playing football games that start at 9 AM Pacific time, in an effort to boost its exposure across the country. The pair also talk about the first Fortnite World Cup, which paid its winner $3 million.See omnystudio.com/listener for privacy information.

LeBron's Wardrobe Matters to Liverpool FC's CEO
Liverpool Football Club Chief Executive Officer Peter Moore (and the club's recently acquired Champions League trophy) join Scott Soshnick, Eben Novy-Williams and Michael Barr to discuss a host of issues related to the business of sports, including his team's U.S. tour that included a stop at Yankee Stadium. Liverpool is just one of many blue-chip soccer brands to tour the U.S., hoping to snag a share of the world's largest sports market. Moore also talked about the ownership of John Henry, who also controls baseball's Boston Red Sox, and how LeBron James's fashion choices can affect the soccer team's bottom line. Moore also discusses OTT networks and how direct-to-consumer helps the club win fans and generate revenue around the globe. Moore took over as Liverpool's CEO in 2017. Prior to that he ran the sports division at Electronic Arts. Hosts: Scott Soshnick, Eben Novy-Williams and Michael BarrProducer: Bob BraggSee omnystudio.com/listener for privacy information.

$1 Billion Won’t Get You Into the Owners’ Suite
Scott Soshnick, Eben Novy-Williams and Michael Barr discuss a host of issues related to the business of sports, including the appreciation of professional sports teams in the NFL, NBA and MLB. According to Forbes, for the first time every team in those leagues is worth at least $1 billion. Also talked about is Zion Williamson’s decision to sign with Nike’s Jordan Brand. Williamson, the No. 1 draft pick and most heralded NBA rookie since LeBron James -- also a Nike face -- was courted by several shoe and apparel brands. Financial terms of the deal, which Williamson announced on his Instagram page, weren’t disclosed. Also talked about is an investment by Theresia Gouw, often referred to as the richest female venture capitalist, into a beach volleyball media platform started by five-time Olympian and three-time gold medalist Kerri Walsh Jennings. Gouw is the co-founder of Aspect Ventures, whose portfolio of companies includes 40% started by women. Jennings’s p1440 is the first digital media platform dedicated to the sport and culture surrounding beach volleyball.Hosts: Scott Soshnick, Eben Novy-Williams and Michael BarrProducer: Bob BraggSee omnystudio.com/listener for privacy information.

ESPN Host Bashes Trump, Company's No-Politics Policy
Scott Soshnick, Eben Novy-Williams, Randall Williams and Michael Barr discuss a host of issues related to the business of sports, including ESPN personality Dan Le Batard's decision to break from company policy to discuss politics on his radio show. The son of Cuban immigrant, Le Batard last week criticized President Donald Trump and ESPN's own policy of only discussing politics when the topic is broached by the coaches and athletes it covers. Le Batard hasn't been publicly disciplined, but reportedly chose not to do his radio show on Monday. Also discussed is LSU's new $28 million renovation to its football operations building, which include a revamped cafeteria and fancy new locker room. Also touched on is a brewing carriage dispute between Dish Network and a complicated web of different networks, including channels owned by Fox and Disney. Hosts: Scott Soshnick, Eben Novy-Williams, Randall Williams and Michael Barr Producer: Bob BraggSee omnystudio.com/listener for privacy information.

Youth Sports $12,000 Price Tag - Is Your Kid Going Pro?
Connecticut Jr. Rangers program director Jeff Hamilton, a Yale graduate and former National Hockey League player, joins Scott Soshnick, Eben Novy-Williams and Michael Barr to discuss a host of issues related to the business of sports, including his team’s victory in the prestigious Brick Invitational Hockey Tournament. CJR became the first American team to win the tournament since 2002. Also discussed is the professional nature of youth sports, where parents have been known to spend tens of thousands of dollars on coaching and development. Hamilton discusses the big business of youth sports, and why multi-sport athletes have an advantage over those who specialize in one sport from a young age. See omnystudio.com/listener for privacy information.

Aaron Judge's Shoulders Transforming Into Billboard
Scott Soshnick, Eben Novy-Williams and Michael Barr discuss a host of issues related to the business of sports, including Major League Baseball exploring whether to allow its teams to display advertisements on their uniforms. The consideration follows jersey patches in the NBA, where teams just completed the first season of uniform ads. Also discussed is the National Football League's revenue picture, as viewed through the Green Bay Packers' annual disclosure. The Packers are the league's only quasi-publicly traded club, meaning it has to disclose financials. It's the best glimpse into the NFL's revenue generation and expenses. Also touched on is the WNBA's suspension of Los Angeles Sparks player Riquna Williams for 10 games as a result of a domestic violence incident. Hosts: Scott Soshnick, Eben Novy-Williams and Michael BarrProducer: Colin TiptonSee omnystudio.com/listener for privacy information.