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'Acquired' podcast co-hosts on the business of the NFL, global expansion and Super Bowl matchup
CNBC Television· 2026-02-04 16:04
the co-host of the Acquired podcast publishing a deep dive into the business of the NFL ahead of this weekend's big game. Join us right now to discuss the Super Bowl and so much more. Ben Gilbert and David Rosenthal.Good morning to you. Um you had published um a whole episode on the NFL. So this is really an an update uh if you will.When did you when did you guys do the first episode >> on the NFL back in the day. >> Before the Super Bowl. >> Three years ago.Yeah. And what so the the biggest thing is I mean ...
NHL Commissioner Gary Bettman on team valuations, possible expansion and prediction markets
CNBC Television· 2025-11-25 13:04
NHL Valuations and Financial Performance - The average NHL team is now worth $22 billion, a 15% jump from last year [1] - Toronto Maple Leafs are valued at $43 billion, topping the list [1][2] - NHL valuations have increased roughly 100% over the last three years [2] - The new national deal in Canada is about two and a half times larger than the previous 12-year deal with Rogers [7] - NHL expansion will only be considered if it starts with a $2 billion expansion fee [10] Media Deals and Revenue - Regional sports networks are healthier in Canada than in the US [6] - The importance of live sports content is holding its own in a fragmented marketplace [7] - NHL has deals in place with Walt Disney Company (ESPN, ABC) and Time Warner Discovery [8] Competitive Balance and Future Prospects - The league has never been more competitive, and franchises have never been healthier [9] - NHL has the best competitive balance of the major sports due to its cost certainty system [13] - The league is optimistic about future prospects due to the product on the ice and increased valuations [9] Prediction Markets and Integrity - NHL has aligned with the prediction market to give fans access to real data and maintain control [16][17] - The league monitors betting and prediction lines to prevent cheating [17] - Sports betting entities or the prediction market entities gives the ability to have more control and to observe more closely exactly what's going on [18]
NBA Africa CEO on Building Africa's Sports Future
Bloomberg Television· 2025-10-26 06:00
Growth & Expansion - NBA estimates over 1 billion fans globally, with Africa contributing significantly [2] - BAL (Basketball Africa League) has shown a powerful proof of concept in its first five years [17] - BAL's expansion plans include targeting countries with strong basketball culture and infrastructure, such as South Africa, Senegal, Nigeria, and Angola [20][21][22] - NBA Africa aims to expand to 10-20 countries, creating a platform for job creation and economic development [16] Grassroots Development & Talent Pipeline - NBA invests in grassroots basketball development programs like the Junior NBA Program, reaching 350,000 boys and girls in schools [6] - Basketball Without Borders program identifies and develops talented players, with alumni like Pascal Siakam and Joel Embiid [7] - Khaman Maluach's success story exemplifies the potential pathway from grassroots programs to the NBA [9] Economic Impact & Job Creation - BAL's first four years have created close to 40,000 jobs and contributed $250 million to GDP in four countries [15] - NBA Africa aims to catalyze economic development using sports and basketball, focusing on the entire ecosystem beyond the court [12][13] - Investment in infrastructure, such as arenas, is crucial for further job creation and economic growth [17][19] Fan Engagement & Market Potential - Basketball's popularity in Africa is driven by a youthful population (median age 19) and its connection to culture, music, and entertainment [3] - YouTube viewership of BAL games reached nearly 4 million, with significant viewership from the U S [27] - Arena attendance for BAL games has grown from 45,000 to 140,000 in less than four years [28]