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In our latest Sporticast episode, hosts Scott Soshnick and Eben Novy-Williams discuss the biggest sports business stories of 2022 and what to expect from the industry in 2023.
The conversation begins with the influx of Middle Eastern sovereign wealth money that has played a central role for much of the last 12 months. The World Cup in Qatar, the Saudi takeover of Newcastle and the launch of LIV Golf are just three examples of his garnering the attention of global sports establishments deepening their ties with capital from the region’s governments. These relationships, often controversial, will remain a major topic in 2023.
The host then taps into the plethora of sports teams currently on the market. The imminent sale of the Phoenix Suns to Matt Ishbia at a league-record $4 billion valuation is one data point that supports the notion that increased supply won’t hurt demand or prices. With sales surrounding teams like the Washington Commanders, Los Angeles Angels, Liverpool FC and Ottawa Senators all moving forward, we can be sure that this question will be answered in the coming months.
The hosts will also discuss the Christmas TV ratings crash, the NBA’s next media rights and the NFL’s ongoing dominance interrupted by the expansion of the MLS and NWSL.
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