Bloomberg Business of Sports

• NASCAR, Michael Jordan’s Racing Team Settle Antitrust Suit

  Join hosts Michael Barr, Damian Sassower, Vanessa Perdomo and special guest host Bloomberg US sports business reporter Randall Williams for a look at some of the latest headlines and stories in the business of sports. NASCAR on Thursday settled an antitrust lawsuit brought by Michael Jordan’s racing team alleging that the organization holds a monopoly over premier stock car racing in the US and that its charter agreements are unlawful. As a condition of the proposed deal, which came on the ninth day of a trial, NASCAR will amend the terms for existing charter holders, which will include a form of “evergreen” charters. Jordan’s team, 23XI Racing, and another plaintiff team, Front Row Motorsports Inc., will have chartered-team status for the 2026 season under the deal, according to a statement from the teams’ lead attorney, Jeffrey Kessler of Winston & Strawn LLP. Chartered teams are guaranteed racing slots in NASCAR’s elite Cup Series. The parties declined to disclose financial terms of the deal.On this episode, hear from: Bloomberg News US sports business reporter Randall Williams joins for a conversation with Martin Edel, co-chair of the sports law practice at Goulston & Storr and adjunct professor of law at Columbia University Bloomberg News US sports business reporter discusses a new, unique deal between private equity firm Otro Capital and the University of Utah Sports Business Journal NFL reporter Ben Fischer on SBJ's newly released Influence 125 - its annual list of the most influential figures in sports See omnystudio.com/listener for privacy information.

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• Lane Kiffin's Ole Miss Exit; Cain CEO Jonathan Goldstein Talks Sports Investing

  Join hosts Michael Barr, Damian Sassower, Vanessa Perdomo and special guest host Bloomberg US sports business reporter Randall Williams for a look at some of the latest headlines and stories in the business of sports.On this episode, hear from: Bloomberg News US sports business reporter Randall Williams joins for a conversation with Sports Business Journal college sports reporter Ben Portnoy on Lane Kiffin's dramatic departure from Ole Miss to join LSU and other headlines in college sports BetMGM CEO Adam Greenblatt on the explosion of prediction markets in sports and the recent play prop bet fraud allegations Cain Co-Founder and CEO Jonathan Goldstein on the growing presence of private capital interest in sports investments See omnystudio.com/listener for privacy information.

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• Super Agent Rich Paul's Push Into Athletic Wear; VC Firms Eye New Leagues

  Join hosts Michael Barr, Damian Sassower, Vanessa Perdomo and special guest host Bloomberg US sports business reporter Randall Williams for a look at some of the latest headlines and stories in the business of sports. On this episode, hear from: Sudeep Ramnani, Founder & Managing Partner of 885 Capital & Donn Davis, Founder and Chairman of the Professional Fighters League (PFL) on 885's stake in the PFL and why venture capital firms are looking to new and emerging sports leagues André Eanes, Co-Head of 3Arts Sports for a look at his firm's unique approach to building brands for athletes and how he's helping NFL star Travis Kelce become a cultural and business powerhouse Rich Paul, founder and CEO of Klutch Sports Group, on the business of sports apparel and his new partnership with New Balance in a conversation with Bloomberg TV's Romaine Bostick See omnystudio.com/listener for privacy information.

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• MLB Strikes New Deals With NBC, ESPN & Netflix; Jordan Spieth's 'Crush It Cup'

  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.Major League Baseball reached new broadcast agreements with Comcast Corp.’s NBC Sports, Walt Disney Co.’s ESPN and Netflix Inc., clinching three-year deals valued at $800 million.Under the accords announced Wednesday, NBC and its Peacock streaming service will have Sunday night games and the wild-card playoffs in a $200 million-a-year deal starting next season, according to a person with knowledge of the matter.Netflix took the Home Run Derby and the opening day game in a $50 million-per-year deal, said the person, who asked not to be identified because the terms aren’t public. Netflix also won the rights to the Field of Dreams game, which is played where the movie Field of Dreams was made in Iowa. ESPN will air around 30 regular-season games, as it did previously, and now also has the rights to market MLB.TV as part of its ESPN streaming service. MLB.TV lets subscribers watch games outside the markets where they live. ESPN also gets in-market games for six teams. On this episode, hear from: Bloomberg News media reporter Hannah Miller joins to discuss MLB's new media deals Betr founder and CEO Joey Levy joins to discuss his sports & gaming platform PGA Tour star and three-time major winner Jordan Spieth joins to talk about his foundation's annual charity golf tournament and the state of pro golf See omnystudio.com/listener for privacy information.

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• MLB Pitchers Charged in a New Betting Scheme; Serena Williams at the American Business Forum

  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. Cleveland Guardians all-star pitcher Emmanuel Clase pleaded not guilty to charges he participated in an alleged scheme to rig bets based on pitches he threw during Major League Baseball games.Michael Ferrara, a lawyer for Clase, entered the plea on his behalf at a federal court hearing on Thursday in Brooklyn, New York. US Magistrate Judge Joseph Marutollo released Clase on $600,000 bond and restricted his travel to New York and Ohio. Federal prosecutors charged Clase, 27, and teammate Luis Ortiz, 26, last week of conspiring with bettors to throw specific types and speeds of pitches in exchange for bribes. On some occasions, Clase allegedly bet on his own pitches. On this episode, hear from: Bloomberg US sports business reporter Randall Williams for the latest on the MLB betting scandal Gian Luca Passi de Preposulo, entrepreneur, venture capitalist and co-owner of the Red Bull Italy SailGP team Bloomberg TV anchor Dani Burger on her conversation with tennis superstar Serena Williams at the American Business Forum in Miami See omnystudio.com/listener for privacy information.

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