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Marijuana Money Coming to the Sports World Soon Enough

Marijuana Money Coming to the Sports World Soon Enough

Bloomberg Business of Sports

May 1, 201913m 11s

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Show Notes

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-Williams

Producer: Madena Parwana

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