Bloomberg Sports Business Summit
The Bloomberg Sports Business Summit brings together the commissioners, team owners, players and bankers who drive the business of sports. The program covers the year’s biggest deals in sports, the outlook for M&A, broadcast rights and the business strategies driving the world’s most valuable franchises. From stadium finance to media deals the Bloomberg Sports Business Summit looks at the money behind the game.
The National Football League is in talks with a number of providers interested in replacing DirecTV as distributor of “Sunday Ticket” in a new contract, according to Brian Rolapp, chief operating officer of NFL Media.
The Los Angeles Dodgers’ new ownership group is confident about making a return on its record $2.3 billion investment and the addition of All-Stars Hanley Ramirez, Adrian Gonzalez, Josh Beckett and Carl Crawford fits into that plan, Chief Executive Officer Stan Kasten said.
The record $2.3 billion sale of the Los Angeles Dodgers, buoyed by a projected windfall from the sale of its broadcast rights, doesn’t necessarily mean the value of professional sports franchises will continue to rise, according to Leo Hindery Jr., who helped establish the Yankees Entertainment & Sports Network.
The National Football League and its officials have to close a gap of about $50 million to $70 million before they can reach agreement on a new five- to seven- year contract, NFL Commissioner Roger Goodell said.
Players unions for the National Football League and National Basketball Association could help top-level college athletes by offering them associate memberships, sports labor lawyer Jeffrey Kessler said.
The richest college football programs almost certainly will be allowed to spend more money on athletes once their national governing body rewrites rules in the coming months, according to a panel of sports administrators and marketers.
U.S. Soccer President Sunil Gulati says FIFA officials should have held more discussions about Qatar’s summer temperatures before the Middle Eastern country was awarded World Cup 2022 hosting rights in December 2010.