$1 Billion Won’t Get You Into the Owners’ Suite

Scott Soshnick, Eben Novy-Williams and Michael Barr discuss a host of issues related to the business of sports, including the appreciation of professional sports teams in the NFL, NBA and MLB. According to Forbes, for the first time every team in those leagues is worth at least $1 billion. Also talked about is Zion Williamson’s decision to sign with Nike’s Jordan Brand. Williamson, the No. 1 draft pick and most heralded NBA rookie since LeBron James -- also a Nike face -- was courted by several shoe and apparel brands. Financial terms of the deal, which Williamson announced on his Instagram page, weren’t disclosed. Also talked about is an investment by Theresia Gouw, often referred to as the richest female venture capitalist, into a beach volleyball media platform started by five-time Olympian and three-time gold medalist Kerri Walsh Jennings. Gouw is the co-founder of Aspect Ventures, whose portfolio of companies includes 40% started by women. Jennings’s p1440 is the first digital media platform dedicated to the sport and culture surrounding beach volleyball.Hosts: Scott Soshnick, Eben Novy-Williams and Michael BarrProducer: Bob BraggSee omnystudio.com/listener for privacy information.