News & Media


Inaugural Bloomberg Sports Business Summit set

September 05, 2012, Official Release, NASCAR.com

Biggest names in sports to gather in New York for September 6th event

As sports venues supported by public funds are assessed with a critical eye and controversy over players' unions continue, Bloomberg will convene key figures from across the sports industry -- including league commissioners, team owners, former players and sports finance experts -- for the inaugural Bloomberg Sports Business Summit on September 6, 2012.

Speakers at the Summit will gather at the Bryant Park Grill in New York to examine the business of sports, including financing stadiums, bringing in revenue from broadcast and licensing rights, league strategies, and monetizing college sports. The program will also provide insight on what the most valuable franchises are and how investors can tap into them; how to buy and build a franchise; the outlook for mergers and acquisitions; and strategies for buying teams.

The Summit will also include one-on-one interviews with National Basketball Association (NBA) Commissioner David J. Stern, National Football League (NFL) Commissioner Roger Goodell, NASCAR Chairman and CEO Brian Z. France, as well as discussions with Major League Soccer (MLS) Commissioner Don Garber, IMG President George Pyne, NBC Sports Group Chairman Mark Lazarus, FOX Sports President Randy Freer and Turner Broadcasting System President David Levy.

Robert Bierman, head of Bloomberg LINK, commented, "Investors looking to take a stake in the sports business will hear key insights about strategies for tapping into the industry from those who have done it themselves. They will also hear how Wall Street is changing the business of sports and where the opportunities for growing revenue lie."

An unprecedented number of ownership groups and industry leaders will also speak during the day.