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Bloomberg Business of Sports

Bloomberg Business of Sports

Bloomberg

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.

Radio: Bloomberg Brief

Categories: News & Politics

Listen to the last episode:

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.

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