Bloomberg Business of Sports

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Here's Why Colin Kaepernick was Coveted by Nike Sep 05, 2018

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Scott Soshnick, Eben Novy-Williams and Michael Barr discuss a number of topics related to the business of sports, including Nike's decision to sign former quarterback Colin Kaepernick to a contract extension that makes him one of the faces of the company's 30-year celebration of its ``Just Do It'' campaign. The announcement triggered a wave of reaction, positive and negative, including a tweet from President Donald Trump. Also discussed is Nike's motivation for the agreement, the company's strategy and execution and Kaepernick's long-term endorsement potential. Host: Scott Soshnick, Eben Novy-Williams and Michael Barr Producer: Madena Parwana

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Kaepernick Goes to Trial; College Football's Empty Seats Sep 03, 2018

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Scott Soshnick, Eben Novy-Williams and Michael Barr discuss a number of topics related to the business of sports, including former San Francisco 49ers Quarterback Colin Keapernick's recent arbitration victory. The ruling means that Kaepernick's collusion claims against the NFL will go to trial, likely forcing league owners and executives to testify in court. Also discussed are the ongoing attendance woes in college sports, and Amazon's rough debut streaming U.S. Open tennis in the U.K.

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This NFL Owner Welcomes Player Protests During Anthem Aug 30, 2018

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Home Depot co-founder Arthur Blank, owner of the NFL's Atlanta Falcons and MLS's Atlanta United, discusses a number of topics related to the business of sports, including why he won't fine players for protesting during the National Anthem. Blank also talks about why soccer has captivated Atlanta, drawing some 70,000-plus fans to Mercedes-Benz Stadium, and what's driving the valuations of MLS teams. He also talks about the stadium's community pricing model, whereby food vendors charge about what the item would cost in the areas surrounding the stadium. Blank also talks about Home Depot's onetime sponsorship of Tony Stewart's Nascar team, and what the sport needs to do to revive itself.

A native of Flushing, New York, Blank attended Stuyvesant High School in Manhattan and competed in football, baseball and track. He co-founded The Home Depot in 1978 and retired from the company as co-chairman in 2001. He bought the Falcons the following year.

Hosts: Scott Soshnick, Michael Barr and Eben Novy-Williams. Producer: Madena Parwana. This is a Bloomberg podcast. To download, watch or listen to this report now, click on the thumbnail/player on the sidebar.

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Lovable Losers Turn Leavers as Cubs Ponder Own TV Path Aug 29, 2018

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Scott Soshnick and Michael Barr discuss a number of topics related to the business of sports, including the Chicago Cubs decision to pull away from their partnership with NBC Sports Chicago -- and start their own television venture. The Cubs have hired former MSG Network President and St. Louis Blues CEO Mike McCarthy to lead the TV venture. Also discussed is Amazon's hiring of former ESPN executive Marie Donoghue to oversee sports for Prime Video. Donoghue spent 19 years at ESPN and left the network last year. The duo also talk about Northern Illinois's novel approach to encouraging students to attend football games: Show up for the chance to win $100.

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Serena’s Catsuit Ban; Mike Francesa Goes Digital Aug 27, 2018

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Scott Soshnick, Eben Novy-Williams and Michael Barr discuss a number of topics related to the business of sports, including the French Open’s decision to bar Serena Williams from wearing a black, full-body outfit that’s known as a Catsuit. French Tennis Federation President Bernard Giudicelli told Tennis Magazine that one must respect the game and the place. Williams sponsor Nike responded in an ad, saying “You can take the superhero out of her costume, but you can never take away her superpowers.” Also discussed are radio host Mike Francesa’s new digital offering, and one company’s decision to drop its sponsorship of a race car driver in response to comments allegedly made by his father decades ago.

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Tennis, Anyone? Roger Federer at Night and $7 Water Aug 23, 2018

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United States Tennis Association Chief Revenue Officer Lew Sherr discusses a host of issues related to the business of sports -- and the U.S. Open in particular -- including what’s driving revenue at America's annual tennis grand slam. Sherr talks about everything from the roofs atop the National Tennis Center's biggest stadiums to why President Donald Trump won't be attending this year. Sherr also discusses sponsorship value, concession prices and what his organization does with the money that it takes in. He also talks about player seeding and matches that go long into the night.

Sherr is responsible for all commercial and business development for the US Open, USTA and its affiliated programs. He oversees broadcast, sponsorship, ticketing and hospitality businesses, driving growth in recent years. Sherr joined the USTA in 2010. Prior to that he worked at Madison Square Garden, serving as senior VP or marketing partnerships. He graduated from Duke University, where he received both his undergraduate degree and MBA.

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Anger Rises over New NFL Rules; Sabres Fans Get New Plan Aug 22, 2018

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Scott Soshnick, Eben Novy-Williams and Michael Barr discuss a number of topics related to the business of sports, including the effect new NFL rules changes, aimed at making the gamer safer, might have on the league this season. The new rules have drawn confusion and criticism from coaches, players and fans during preseason. The trio also discuss new kind of season ticket package for fans of the Buffalo Sabres.

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Esports in the Asian Games; Crimson Tide & PawSox Move Aug 20, 2018

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Eben Novy-Williams and Michael Barr discuss a number of topics related to the business of sports, including the addition of esports to this year's Asian Games. Competitive video gaming, which is exploding in popularity among younger consumers, will be a demonstration sport in Jakarta later this month, and is under consideration for inclusion in the Olympics. Also discussed are the University of Alabama's plan to invest $600 million into its athletic facilities over the next 10 years, and the Pawtucket Red Sox's stadium shuffle, which will have the minor league baseball team moving to Worchester, Massachusetts.

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He's a Paper Billionaire Backed by U.S. Sports Betting Aug 16, 2018

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Sportradar Chief Executive Officer Carsten Koerl discusses a host of issues related to the business of sports, including what's driving the value of data in professional sports. He also talks about the company's prospects in the U.S., and how investors like Mark Cuban, Ted Leonsis and Michael Jordan are helping to drive deals and revenue. Koerl

also discusses sports betting in the U.S. and the need for data among media companies that broadcast sports.

Koerl has strategically led all aspects of Sportradar's business since founding the company in 2001. Private equity firm EQT recently sold its stake in Sportradar in a deal that valued the company at $2.4 billion. Koerl didn't sell shares.

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Sports, Venture Capital and Tech Take Center Stage Aug 15, 2018

Show notes

Scott Soshnick and Eben Novy-Williams travel to San Francisco and speak with Boston Celtics forward Jaylen Brown, who was among the participants at the second annual Players Technology Summit. The event, which is Co-sponsored by Bloomberg, brings together venture capitalists, entrepreneurs and athletes for a day of discussion about how they can all work together. Brown speaks about his background in venture capital, his NBA platform, a sports world with legalized betting and what he hopes to achieve on- and off the court in the future. Other attendees at the event were former 49ers quarterback Joe Montana and former NBA MVP Kevin Durant of the Golden State Warriors.

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