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

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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

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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

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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

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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

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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.

 
An average of 51 million people across the US, Canada and Japan tuned in to see the Los Angeles Dodgers defeat the Toronto Blue Jays in the final game of baseball’s World Series on last Saturday.
The entire seven-game series had an average of 34 million viewers across the three countries, marking the largest audience for the championship since 1992 and a 19% increase from last year, according to Major League Baseball.

The series was an international contest between Canada’s only MLB team and the Dodgers, whose roster includes Japanese baseball stars Shohei Ohtani and Yoshinobu Yamamoto.

On this episode, hear from:

• Sara Gotfredson, founder and CEO of Trailblazing Sports Group, a boutique firm specializing in the creation of women’s sports marketing initiatives and partnerships
• Briana Scurry, former USWNT goalkeeper, National Soccer Hall of Famer, two-time Olympic gold-medalist and member of the iconic 1999 Women’s World Cup champions sits down for a one-on-one with Vanessa Perdomo on goalies and more as part of our new Business of Soccer series
• Al Leiter, MLB Network Analyst, and a 19-year Major League veteran and two-time World Series champion talks a wild finish to the MLB season with a highly watched World Series and looks ahead to a busy offseason

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On this special edition of the Bloomberg Business of Sports: The Business of Soccer, host Vanessa Perdomo steps back into her old world and breaks down the goalkeeper position through the lens of two superstars. 

• Briana Scurry, former USWNT goalkeeper, National Soccer Hall of Famer, two-time Olympic gold-medalist and member of the iconic 1999 Women’s World Cup champions, speaks to us about what it was like being the goalkeeper of the most famous women’s team in the world, being a trailblazer in women’s sports and the marketability of goalkeepers. 
• Maarten Paes, FC Dallas goalkeeper and 2024 MLS All-star, discussed with us how he works to bring his leadership and competitive mentality from the field into his business deals, as well as discussing the growth he’s seen in soccer in the US and how he expects it to skyrocket after the 2026 FIFA World Cup.

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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 News Senior Reporter Kim Bhasin was able to visit Nike's headquarters in Beavertown, Oregon for an up-close-look at some of the sportswear company's latest innovations....and he's here to take us through them

- ESPN has a new show streaming on Disney+ called 'Vibe Check'...hosted by Elle Duncan, Chiney Ogwumike and Ari Chambers. Bloomberg Originals chief correspondent Jason Kelly got a chance to sit down with Elle, Chiney and Ari from the sidelines of the USC Next Level Sports conference in LA and they spoke about their new show, the WNBA and more. 

- The Knight Commission on Intercollegiate Athletics is an independent group of thought leaders that have played an active role in shaping collegiate sports. Recently, the commission did a survey of Division I leaders nationwide to take thei temperature on all the big changes in college sports over the last few years. For key takewaways we hear from Knight Commssion on Intercollegiate Athletics CEO Amy Privette Perko

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On this special edition of the show, Bloomberg Original chief correspondent Jason Kelly speaks with Elle Duncan, Chiney Ogwumike and Ari Chambers, hosts of 'Vibe Check' - a new show from ESPN, streaming on Disney+ with a focus on women's sports. They spoke about their new show, the WNBA, and the landscape for women's sports from the sidelines of the USC Next Level Sports conference in LA.

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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.

Professional basketball player Terry Rozier told a friend in 2023 that he planned to take himself out of a game early with a minor injury. The friend, Deniro Laster, used the tip to place more than $200,000 in bets predicting Rozier would fall short of his usual point total.

By the next morning, federal prosecutors say, the two men were counting their winnings together in Rozier’s home. The athlete, who was a guard for the National Basketball Association’s Charlotte Hornets at the time, played just nine minutes against the New Orleans Pelicans and checked out. 

That incident, described in a federal indictment unsealed on Thursday in Brooklyn, now sits at the center of one of the most sweeping sports gambling cases ever brought by the US Justice Department — one that stretches from locker rooms to underground poker clubs controlled by New York’s biggest mafia families.

Rozier, now with the NBA’s Miami Heat, and Portland Trail Blazers head coach Chauncey Billups were arrested Thursday morning and charged as part of two separate criminal schemes related to illegal sports betting, federal prosecutors said.

Soon after the arrests, Rozier and Billups were placed on immediate leave from their teams. 

FBI Director Kash Patel and Brooklyn federal prosecutors said at least 30 people were arrested across 11 states, including current and former NBA players and coaches.

On this episode, hear from:

• Bloomberg News senior reporter Myles Miller for more on the massive NBA gambling scandal
• Bloomberg News global business of sports reporter Ira Boudway on another NBA controversy in which the LA Clippers might have found ways to circumvent the league's salary cap rules
• Bloomberg TV anchor Dani Burger for a portion of her conversation with Carlyle CEO Harvey Schwartz and Oracle Red Bull Racing Team Principal Laurent Mekies on their new partnership

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