Ice Cube on BIG3's New Season; Buss Family Sells Lakers at $10 Billion Valuation
Join hosts Michael Barr, Damian Sassower and Vanessa Perdomo for a look at some of the latest headlines and stories in the business of sports.The Los Angeles Lakers, the storied National Basketball Association franchise that’s won 17 championships, second only to the Boston Celtics, will be sold at a record $10 billion valuation, according to people familiar with the discussions. The Buss family has agreed to sell its majority stake to Los Angeles Dodgers owner and Guggenheim Partners LLC Chief Executive Officer Mark Walter, the people said. The pricetag crushes the record for a professional sports team set in March by the Celtics, which were purchased for $6.1 billion by a group led by Bill Chisholm. Before the Celtics sale, the Washington Commanders of the National Football League were sold to a group led by Apollo Management co-founder Josh Harris for $6.05 billion. Bloomberg global business reporter Ira Boudway joins to discuss.Blake Walker of Arcis Golf joins to talk about his company acquiring three clubs in the Atlanta-area, adding to the footprint of the second-biggest owner and operator of US golf facilities.Then, Vanessa Perdomo sits down with Fabien Allegre, chief brand officer of Paris Saint-Germain football club about its participation in the FIFA Club World Cup, and how it's growing in the US.Plus, Ice Cube returns to talk about BIG3's growth as its new season gets underway.See omnystudio.com/listener for privacy information.
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38:43
Special Edition: The Business of Soccer
On the first edition of the Business of Soccer, Vanessa Perdomo speaks with US Soccer CEO and Secretary General JT Batson and DAZN CEO of Growth Markets, Pete Oliver.See omnystudio.com/listener for privacy information.
Join hosts Michael Barr, Scarlet Fu and Damian Sassower for a look at some of the latest headlines and stories in the business of sports. A federal judge’s final approval of the NCAA’s $2.8 billion settlement with student-athletes won’t quell all the antitrust threats for the sports organization as it seeks to provide stability in college sports. Bloomberg's antitrust reporter Katie Arcieri joins to discuss. Then, Vanessa Perdomo sits down with DAZN's CEO of Growth Markets Pete Oliver to talk about the opportunity the streaming company sees in soccer and how it's carrying FIFA Club World Cup games this weekend around the globe. See omnystudio.com/listener for privacy information.
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38:18
Masai Ujiri's Giants of Africa, US Soccer President JT Batson
Join hosts Michael Barr, Damian Sassower and Vanessa Perdomo for a look at some of the latest headlines and stories in the business of sports. Marty Edel, co-chair of the Goulston & Storrs sports law practice and adjunct professor of law at Columbia Law joins to break down some of the latest legal headlines in sports, including the battle for player compensation in college sports and the MLB recently ruling to allow Pete Rose into the Hall of Fame. Toronto Raptors president and vice-chairman Masai Ujiri joins to talk the latest headlines in the NBA, his team and how he's growing basketball in Africa and using the game to empower young people through his Giants of Africa. Plus, listen to a special conversation Vanessa Perdomo has with US Soccer CEO and Secretary General JT Batson ahead of the Concacaf Gold Cup and in anticipation of the US hosting the FIFA World Cup in 2026.See omnystudio.com/listener for privacy information.
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38:45
Gerard Pique on Kings League; New Look Intuit Dome
Join hosts Michael Barr, Damian Sassower and Vanessa Perdomo for a look at some of the latest headlines and stories in the business of sports.Bloomberg Business of Sports Reporter Randall Williams details the latest private equity investments into NFL franchises. Bloomberg Sports Reporter Vanessa Perdomo speaks with former FC Barcelona star Gerard Pique and Kings League CEO Djamel Agaoua on the rising popularity of the seven on seven soccer league, which was launched in 2022. Gillian Zucker, CEO of Halo Sports and Entertainment and President of Business Operations for the LA Clippers, joins to discuss the successful first season for the tech-heavy Intuit Dome.See omnystudio.com/listener for privacy information.
Michael Barr, Scarlet Fu 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 final score.