CNBC Sport

WNBA Finals MVP Gabby Williams joins Alex Sherman to discuss her Game 7 championship performance, the pressure of winning a title, and how Golden State's investment and team culture helped fuel its success. Williams also shares her perspective on WNBA leadership, Caitlin Clark, player activism, UConn basketball, and the growing business opportunities for women's sports.Episode NotesWNBA Finals MVP Gabby Williams joins Alex Sherman for a conversation about championship basketball, Golden State's winning culture, and the future of the WNBA. Fresh off a dramatic Game 7 victory, Williams reflects on her remarkable 28-point second-half performance, the emotional roller coaster of the Finals, and what it takes to deliver under championship pressure.Williams explains why Golden State owner Joe Lacob's competitiveness and commitment to women's basketball convinced her to join the franchise. She discusses how investment in players, organizational culture, and the passionate atmosphere at Valhalla created a championship environment unlike anything she had experienced before.Beyond the court, Williams offers her perspective on the WNBA's evolving leadership, including the departure of commissioner Cathy Engelbert and the importance of building stronger relationships between league executives and players. She also addresses Caitlin Clark's influence on women's basketball, the WNBA's history of social activism, and why female athletes continue to play an important role in political and cultural conversations.With her championship success creating new sponsorship and business opportunities, Williams considers how her growing profile could help her make a greater impact in the Bay Area community where she grew up. She also reflects on her time playing for UConn under Geno Auriemma and how the program's emphasis on discipline, selflessness, and teamwork continues to shape her professional career. Plus, CNBC’s Michael Ozanian breaks down the latest NHL team valuations, including the league’s most valuable teams and what’s driving franchise values. Topics discussed:  Gabby Williams' 28-point second half in Game 7 of the WNBA FinalsHandling championship pressure and finding a flow state in basketballWhy Joe Lacob's vision convinced Williams to join Golden StateBuilding a winning WNBA franchise through investment, leadership, and cultureThe emotional significance of messages from Michael Jordan, Sue Bird, and fellow playersWhat Williams wants from the WNBA's next commissionerCaitlin Clark's impact on the league and the growing visibility of women's basketballWomen's sports, political activism, LGBTQ+ rights, and social changeSponsorship opportunities and community engagement following a championshipGeno Auriemma's coaching philosophy and the lasting influence of UConn basketball Episode timestamps:01:33 — The emotional stakes of Game 7 and the opportunity to win at home02:02 — Williams' 28-point second half and performing under championship pressure02:58 — Why Joe Lacob convinced Williams to join Golden State04:16 — Messages from Michael Jordan, Sue Bird, and fellow WNBA players04:43 — The WNBA commissioner transition and expectations for future leadership05:20 — Evaluating Cathy Engelbert's impact on WNBA growth05:45 — The intersection of women's basketball, politics, and social activism07:25 — Caitlin Clark, player recognition, and the WNBA's expanding audience08:31 — Life after winning Finals MVP and new sponsorship opportunities09:34 — Golden State's championship culture and the challenge of repeating10:17 — How ownership investment and Valhalla's atmosphere contribute to success10:53 — Lessons from Geno Auriemma and UConn's basketball program11:54 — The discipline and team-first mentality that distinguish UConn playersKey insights:Williams emphasizes that championship performance isn't always about recognizing when you're in the zone. During Game 7, she was so focused on each possession that she didn't fully appreciate the magnitude of her second-half performance until watching the game afterward.She credits Golden State's success to more than individual talent, highlighting Joe Lacob's personal involvement, organizational investment, and a supportive home environment that gave her the confidence to play her best basketball.Looking toward the WNBA's future, Williams advocates for league leadership that understands players as individuals while recognizing the significant progress women's basketball has made. She also stresses that the league's growth should create opportunities for multiple athletes and their stories to receive recognition.For Williams, winning a championship is both a personal milestone and an opportunity to expand her influence beyond basketball through community involvement and new partnerships.People and organizations discussed:Gabby Williams, Alex Sherman, Joe Lacob, Michael Jordan, Sue Bird, Alysha Clark, Napheesa Collier, Cathy Engelbert, Caitlin Clark, Geno Auriemma, Golden State, WNBA, UConn Huskies, Minnesota Lynx. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Las Vegas Raiders owner Mark Davis joins CNBC's Michael Ozanian to discuss Tom Brady's role in the franchise, the team's $13 billion valuation, its investment strategy and the business opportunities driving growth in Las Vegas. Davis also shares his perspective on Fernando Mendoza's development, private equity in the NFL, the WNBA's future, sports betting risks and the importance of protecting the Raiders' legacy. Episode NotesLas Vegas Raiders owner Mark Davis sits down with CNBC's Michael Ozanian for an in-depth conversation about the business of professional sports, the Raiders' ownership strategy and the transformation of Las Vegas into a major sports and entertainment destination.Davis reveals how a multiyear plan to bring Tom Brady and influential business leaders into the Raiders' ownership group is helping position the franchise for long-term growth. With investors including Michael Dell, Silver Lake's Egon Durban and entertainment executives Ari Emanuel and Mark Shapiro, Davis explains why industry expertise and strategic relationships matter more to him than maximizing the sale price of minority ownership stakes.The conversation explores the Raiders' reported $13 billion valuation, the franchise's evolution since relocating from Oakland, and how Allegiant Stadium creates revenue opportunities extending far beyond NFL games. Davis also discusses the development of quarterback Fernando Mendoza, the value of veteran Kirk Cousins and his philosophy of building a winning team.Beyond football, Davis shares the story behind his acquisition of the Las Vegas Aces, his commitment to improving WNBA player compensation and his perspective on the league's evolving media business. He also addresses the growing influence of sports betting and prediction markets, emphasizing why maintaining the integrity of professional sports remains essential. Key topics discussed:Raiders ownership and Tom Brady: Why Davis prioritized bringing Brady into the ownership group and how strategic investors contribute football, technology, finance and entertainment expertise.NFL franchise valuations and private equity: Why Davis favors long-term strategic partnerships over potentially higher offers from private equity firms.Fernando Mendoza and quarterback development: How Brady's mentorship and Kirk Cousins' experience can help Mendoza transition to the NFL.Las Vegas sports economics: How the Raiders are growing local revenue through sponsorships, ticket sales, stadium events and entertainment partnerships.Allegiant Stadium and global entertainment: The business opportunities created by concerts and major events featuring artists such as Taylor Swift, the Rolling Stones and BTS.The Las Vegas Aces and WNBA growth: Davis' approach to women's basketball, player compensation, leadership and the next phase of WNBA expansion.NFL international expansion: Opportunities in Australia, New Zealand and Mexico.Sports betting and prediction markets: The financial opportunities and potential integrity risks associated with gambling partnerships. Episode timestamps:HH:MM:SS02:51 – The strategic value of the Raiders' ownership group, from Tom Brady to Silver Lake and entertainment executives03:27 – Mark Davis' leadership philosophy and protecting the Raiders' global brand06:00 – Fernando Mendoza, Kirk Cousins and the development of young NFL quarterbacks07:39 – Building an athlete's personal brand while prioritizing team success08:43 – Private equity in the NFL and the league's partnership with General Atlantic10:59 – The Raiders' $13 billion valuation and why strategic value matters more than investment price12:16 – NFL international expansion into Australia, New Zealand and Mexico13:50 – Las Vegas sports expansion and competition for sponsorship revenue16:14 – Raiders fan loyalty, visiting fans and the secondary ticket market18:07 – Allegiant Stadium's business model, concerts and new revenue opportunities21:29 – Why Mark Davis purchased the Las Vegas Aces23:45 – WNBA player compensation and the league's collective bargaining agreement24:29 – Caitlin Clark, player visibility and the evolving WNBA26:21 – What the WNBA needs from its next commissioner28:48 – Tom Brady, the Tuck Rule and the Raiders' most memorable losses30:00 – NBA expansion in Las Vegas and Davis' interest in the opportunity31:05 – Sports betting, prediction markets and protecting NFL game integrity33:07 – The financial risks and rewards of gambling sponsorships Featured organizations and brands:Las Vegas Raiders, Las Vegas Aces, NFL, WNBA, Allegiant Stadium, Silver Lake, TKO Group Holdings, UFC, General Atlantic, Fanatics, MGM Resorts International, BetMGM and CNBC Sports.About the guest:Mark Davis is the principal owner and managing general partner of the Las Vegas Raiders and owner of the Las Vegas Aces. He discusses his approach to sports franchise ownership, strategic investments, leadership and building championship organizations while preserving the Raiders' legacy established by his father, Al Davis.Explore more:CNBC SportsLas Vegas RaidersLas Vegas AcesAllegiant StadiumNFLWNBA Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

DraftKings CEO Jason Robins and sports analytics expert Kirk Goldsberry join CNBC's Contessa Brewer and Alex Sherman to explore how artificial intelligence is transforming the business of sports. From DraftKings' expansion into prediction markets and competition with Kalshi to the University of Texas' new Bevo Labs initiative, the conversations examine the future of sports betting, AI-powered coaching, college athletics, responsible gaming and the growing influence of technology on sports.Episode NotesHow is artificial intelligence reshaping the sports industry, from the business of betting to the decisions coaches make on the field?In this episode, CNBC explores two major developments at the intersection of sports, technology and business through conversations with DraftKings CEO and co-founder Jason Robins and Kirk Goldsberry, Executive Director of the Business of Sports Institute at the University of Texas.First, CNBC's Contessa Brewer speaks with Robins about the rapidly evolving sports betting industry, the rise of prediction markets and DraftKings' strategy for competing with platforms such as Kalshi. Robins explains how prediction markets could expand the company's reach into states where traditional online sports betting remains unavailable, including California, Texas and Florida.He also addresses regulatory uncertainty, customer acquisition, responsible gaming and whether prediction markets threaten established sportsbooks. Robins reveals how AI is transforming DraftKings' operations, from software development and automated reporting to customer personalization and marketing.Then, CNBC's Alex Sherman speaks with Goldsberry about Bevo Labs, a new student-run sports analytics initiative at the University of Texas. Drawing on his experience with the San Antonio Spurs and The Ringer, Goldsberry explains how AI, machine learning and advanced data analysis are changing college athletics.Bevo Labs is developing a centralized data infrastructure across Texas' 21 athletic teams to support roster construction, athlete compensation decisions and game strategy. With technology partners including Dell, Google and SHI, the initiative also gives paid student researchers opportunities to apply STEM skills to real-world sports challenges.Together, the conversations reveal how AI is increasingly influencing both the commercial and competitive sides of sports, raising new questions about innovation, regulation, human decision-making and the future of the industry.Topics discussed:DraftKings' growth strategy during the NFL betting seasonPrediction markets and competition between DraftKings and KalshiSports betting regulation and expansion into new marketsHow AI is transforming DraftKings' software development, analytics and operationsResponsible gaming, gambling addiction and self-exclusion safeguardsDraftKings' super app strategy and changing consumer behaviorBevo Labs and the future of sports analytics at the University of TexasAI-powered roster construction and athlete compensation analysisPredictive models, data infrastructure and machine learning in college sportsThe potential for AI-assisted football play-calling and game strategyTechnology partnerships with Dell, Google and SHIThe importance of human judgment as AI becomes more influential in sportsEpisode timestamps:Jason Robins interview with Contessa Brewer01:14 – Why NFL season is DraftKings' biggest customer acquisition opportunity02:52 – Expanding prediction markets into states without legal online sports betting04:21 – Regulatory challenges and DraftKings' prediction markets strategy06:36 – Are prediction markets cannibalizing traditional sportsbooks?09:21 – Competing with Kalshi in the growing prediction markets industry12:26 – Lessons from DraftKings' early competition with FanDuel17:50 – How younger generations are changing sports consumption19:50 – DraftKings' super app strategy and personalized experiences22:50 – Gambling addiction and responsible gaming25:50 – Efforts to create a nationwide self-exclusion system26:51 – Should responsible gaming limits become mandatory?30:49 – Robins reflects on building DraftKings40:20 – How AI is transforming DraftKings' business operations42:41 – Can AI-native startups challenge established sportsbooks?44:39 – Could AI-powered betting predictions threaten DraftKings?Kirk Goldsberry interview with Alex ShermanTimestamps below restart at the beginning of the Kirk Goldsberry interview. They are not cumulative episode timestamps.01:29 – How analytics can improve college sports roster construction02:19 – AI-assisted coaching and real-time game strategy03:21 – Building a centralized data lake for 21 Texas athletic teams04:31 – Paid student researchers and technology career opportunities05:32 – Could AI eventually recommend plays to college football coaches?06:51 – Why sports can embrace AI while remaining a human-centered experience08:52 – Goldsberry's journey from NBA analytics to the University of Texas10:09 – How AI is changing higher education and experiential learning11:15 – The origins of Bevo Labs and its technology partnerships12:09 – When could AI influence Texas football's game plans?13:14 – Goldsberry reflects on former Spurs star Manu GinobiliKey takeaways:Prediction markets represent a major growth opportunity for DraftKings. Robins believes these products could help the company reach customers in states where traditional sports betting remains restricted. Despite competition from Kalshi and regulatory uncertainty, he sees DraftKings' customer relationships, established technology and marketing expertise as significant advantages.AI is already changing how DraftKings operates. Robins says most of the company's code is now written using AI. Automated reporting, data analysis and other AI-powered workflows are increasing productivity across engineering, legal, marketing and business operations.Responsible gaming remains a central challenge. Robins discusses gambling addiction, setting betting limits and the development of a nationwide self-exclusion framework. He argues that responsible gaming tools should become a more normalized part of the customer experience.College sports increasingly require professional-level analytics. Goldsberry explains how athlete compensation and roster management are creating new demands for data-driven decision-making. Bevo Labs aims to bring professional sports practices to college athletics.Better data could lead to smarter coaching decisions. Goldsberry's team is centralizing information across 21 Texas athletic programs, laying the groundwork for predictive models, improved game planning and eventually more sophisticated AI-assisted decision support.AI can enhance sports without replacing the human element. Both conversations highlight how technology can improve organizational efficiency and decision-making while preserving the athletes, coaches and fans who make sports compelling.Companies, organizations and resources mentioned:DraftKings – Sports betting, fantasy sports and digital gamingKalshi – Prediction markets platformPolymarket – Prediction markets platformFanDuel – Sports betting and fantasy sportsUniversity of Texas at Austin – Home of Bevo Labs and the Business of Sports InstituteTexas Longhorns Athletics – University of Texas athletic programsDell Technologies – Bevo Labs technology partnerGoogle – Bevo Labs technology partnerSHI International – Bevo Labs technology partnerThe Ringer – Sports media outlet featuring Goldsberry's basketball analysisSan Antonio Spurs – Goldsberry's former NBA organizationClaude – AI assistant discussed in both interviewsChatGPT – AI platform discussed in connection with higher educationCNBC – Business and financial news Hosted by Simplecast, an AdsWizz company. 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Four-time NBA champion Draymond Green joins CNBC's Alex Sherman to discuss the Golden State Warriors' future, LeBron James' move to Philadelphia, and why he believes NBA salary cap rules are hurting basketball dynasties. Green also opens up about retirement, a potential broadcasting career with Inside the NBA, and his virtual reality therapy series Open Season.Episode NotesWhat's next for Draymond Green and the Golden State Warriors, and could this be his final season in Golden State? Four-time NBA champion Draymond Green joins CNBC's Alex Sherman for a candid conversation about NBA salary cap rules, championship dynasties, LeBron James, his basketball future, sports broadcasting, and the importance of mental health.As the NBA season approaches, Green explains why he would change the league's salary structure if he became commissioner. While Commissioner Adam Silver has emphasized competitive parity, Green argues that basketball's greatest dynasties have historically helped drive fan interest and that today's financial restrictions make sustained championship success more difficult.Green also weighs in on LeBron James' decision to join the Philadelphia 76ers rather than the Warriors, discussing championship experience, roster chemistry, and the challenges of building a title contender.Turning to his own career, Green reflects on 15 seasons with Golden State, his relationship with Stephen Curry, and the possibility that his current one-year contract could be his last with the franchise. He shares why retiring as a Warrior remains his preference, while acknowledging that he wants to continue playing basketball.Beyond the court, Green explores his ambitions in sports media, including his experience with Inside the NBA and the prospect of working alongside or following Charles Barkley. He also discusses Open Season on Draymond Green, a virtual reality series produced by Skydance Sports for Meta Quest TV that documents his personal therapy journey with Dr. Kerry Hastings.The conversation concludes with Green's admiration for Shaquille O'Neal's success in broadcasting, brand partnerships, and entrepreneurship. Key topics discussed:NBA salary cap and championship dynasties: Why Green believes the league's salary structure is making it harder to build sustained championship contenders.Adam Silver and competitive parity: Green's perspective on whether fans prefer championship dynasties or a league where more teams can compete for titles.LeBron James and the Philadelphia 76ers: Why Green respects LeBron's decision and how he compares Philadelphia's championship prospects with Golden State's.Golden State Warriors' future: Green's expectations for the season and his approach to competing without being considered a championship favorite.Draymond Green's retirement plans: His desire to finish his career with the Warriors and the possibility of playing for another NBA team.Inside the NBA and Charles Barkley: Green's broadcasting ambitions and why he considers Barkley an irreplaceable television personality.Athlete mental health and therapy: How Green overcame his initial reluctance to seek therapy and why he believes it has improved his decision-making and performance.Virtual reality sports entertainment: The creation of Open Season on Draymond Green and how Meta Quest technology brings viewers into his therapy sessions. Episode timestamps:01:59 – Introduction: Draymond Green joins Alex Sherman02:11 – What Green would change as NBA commissioner03:30 – Adam Silver, competitive parity, and the value of NBA dynasties04:29 – LeBron James joining the Philadelphia 76ers instead of Golden State07:42 – Stephen Curry and redefining success for the Warriors09:03 – Could this be Draymond Green's final season?10:23 – Retiring with the Warriors versus continuing his NBA career elsewhere11:16 – Inside the NBA, Charles Barkley, and Green's broadcasting future14:24 – Why Charles Barkley's television career is so remarkable15:16 – Open Season on Draymond Green and the origins of his VR therapy series16:00 – Mental health stigma, therapy, and sharing his personal journey19:16 – How therapy influences Green's basketball performance Featured shows, organizations, and resources:CNBC – Business, media, and sports industry coverageGolden State Warriors – Official Warriors websiteNBA – Professional basketball news and league informationMeta Quest – Virtual reality platform featuring immersive entertainment experiencesSkydance – Entertainment company associated with the production of Open Season on Draymond Green From the economics of NBA championships to the challenges of professional athletes transitioning into media and business, this episode offers an inside look at Draymond Green's evolving career and his perspective on basketball, mental health, and life beyond the NBA. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Milwaukee Bucks President Josh Glessing joins CNBC Sport's Michael Ozanian to explore soaring NBA franchise valuations, the growing influence of private equity, and why sports teams are attracting billions in investment. From the Bucks' media and arena strategies to women's sports, NBA competitive balance, and potential $10 billion expansion fees, Glessing explains what's driving the business of professional sports and where the biggest opportunities lie.Episode NotesWhy are NBA franchises commanding multibillion-dollar valuations, and how much higher could sports team prices climb? Milwaukee Bucks President Josh Glessing joins CNBC Sport's Michael Ozanian for an in-depth conversation about sports investing, private equity, NBA economics, and the future of professional sports ownership.Drawing on his experience at Goldman Sachs and Haslam Sports Group, Glessing explains how institutional investors, live sports media rights, and new sources of capital have transformed sports franchises into increasingly valuable and liquid assets. He discusses the Milwaukee Bucks' approach to competing in a smaller market, reaching fans through free television broadcasts, and turning Fiserv Forum and the surrounding Deer District into an economic development engine.The conversation also examines the Bucks' roster-building philosophy, the NBA's second-apron salary cap restrictions, the commercial value of jersey sponsorships, and the accelerating growth of women's professional sports.Looking ahead, Glessing shares his outlook for NBA expansion into Las Vegas and Seattle, including why he believes potential franchise fees could exceed $10 billion and $7 billion, respectively.Key topics discussed:Sports franchise valuations: How major transactions involving the Los Angeles Lakers and other professional teams reflect growing demand for sports assets.Private equity and sports ownership: Why institutional capital, high-net-worth investors, and alternative asset managers are increasingly investing in professional teams.NBA media rights and local broadcasting: How the Bucks are prioritizing audience growth and fan accessibility as the regional sports network business model evolves.Milwaukee Bucks business strategy: The advantages of operating in a smaller NBA market and balancing championship ambitions with long-term financial sustainability.NBA salary cap and competitive balance: How the second apron is influencing roster construction and opportunities for smaller-market teams.Fiserv Forum and the Deer District: How sports venues can attract concerts, hotels, housing, commercial development, and institutional investment.Jersey sponsorships and sports marketing: Why the Bucks' partnership with Uline illustrates the growing value of NBA sponsorship inventory.Women's sports investment: The business potential of the WNBA and NWSL, including media rights, sponsorship revenue, and expansion.NBA international growth: Why basketball's worldwide talent pool and global audience create significant long-term commercial opportunities.NBA expansion fees: Glessing's bullish outlook for potential franchises in Las Vegas and Seattle.Episode timestamps:02:00 – Why sports franchises are becoming more liquid and attractive investments03:56 – Live sports, private equity, and the growth of sports finance05:31 – NBA ownership rules and institutional capital07:21 – Sports teams as alternative investments and portfolio diversification10:02 – Milwaukee Bucks strategy and the advantages of a smaller market11:48 – NBA media rights, local television, and free broadcasts in Wisconsin13:53 – Giannis Antetokounmpo, roster decisions, and long-term franchise strategy15:27 – The NBA's second apron and competitive balance16:57 – Fiserv Forum, the Deer District, and sports-driven real estate development19:22 – Institutional investment in mixed-use sports developments20:09 – Uline jersey sponsorship and the evolving economics of sports partnerships22:35 – WNBA and NWSL valuations and investment opportunities25:08 – The NWSL's global growth potential25:59 – NBA international growth and league governance28:38 – Las Vegas and Seattle NBA expansion and potential franchise valuationsFeatured organizations and resources:CNBC Sport – Sports business news, franchise valuations, and industry analysisMilwaukee Bucks – Official team websiteNBA – League news, standings, and informationFiserv Forum – Milwaukee's sports and entertainment arenaHaslam Sports Group – Sports ownership and investment organizationWNBA – Women's professional basketballNWSL – Women's professional soccerUline – Milwaukee Bucks jersey patch partnerFor more reporting and analysis on NBA franchise valuations, sports investments, media rights, and professional sports business trends, visit CNBC Sport.  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Phoenix Suns and Phoenix Mercury owner Mat Ishbia joins CNBC’s Alex Sherman to discuss rising NBA franchise valuations, concerns surrounding United Wholesale Mortgage’s finances, and his long-term vision for basketball ownership. Ishbia addresses speculation about his financial position, reflects on lessons from the Kevin Durant trade, and shares his plans for rebuilding the Suns, improving the fan experience, and transforming NBA All-Star Weekend.Then, Alex speaks with Michael Osacky, president of Baseballintheattic.com about the growing collectables market.Episode NotesPhoenix Suns and Phoenix Mercury owner Mat Ishbia joins CNBC’s Alex Sherman for a wide-ranging conversation about the business of professional sports, NBA franchise valuations, financial stability, and the challenges of building a championship-caliber basketball team.Ishbia responds directly to questions about his financial position and United Wholesale Mortgage (UWM), rejecting speculation that the mortgage company's performance could jeopardize his ownership of the Suns. He also discusses his growing ownership stake in the Suns and Mercury, explains why he believes the combined franchises could be worth $8 billion to $9 billion, and shares his philosophy on acquiring additional sports teams.Beyond the financial headlines, Ishbia outlines his vision for the future of NBA and WNBA ownership. From affordable concessions and free over-the-air Suns broadcasts to potential changes to NBA All-Star Weekend, he explains why prioritizing fans, community engagement, and long-term success is central to his approach.The conversation also explores Ishbia's evolving basketball strategy following the Kevin Durant trade, the importance of establishing a strong team culture, the future of the WNBA, and his expectations for the Phoenix Suns in a competitive Western Conference. Key topics discussedNBA ownership and expansion: Why Ishbia isn't pursuing a traditional sports empire, his involvement with the Chicago White Sox, and his perspective on potential NBA expansion into Las Vegas.UWM finances and ownership stability: Ishbia addresses reports about loans, liquidity, margin-call risk, and the relationship between his mortgage business and basketball franchises.Phoenix Suns and Mercury valuations: Why Ishbia believes the combined franchises are worth significantly more than his original $4 billion acquisition price.Fan experience and innovation: How affordable concessions, free television broadcasts, arena enhancements, and other initiatives fit into Ishbia's ownership strategy.NBA All-Star Weekend: Potential changes to the dunk contest, greater star participation, and ideas for new competitions.WNBA growth and leadership: The search for a new WNBA commissioner, investment in women's basketball infrastructure, and the Phoenix Mercury's future.Kevin Durant trade lessons: What Ishbia learned about team-building, leadership, culture, and the limits of assembling expensive superstar rosters.Phoenix Suns expectations: The team's competitive identity, Devin Booker's leadership, and Ishbia's goals for playoff success. Episode timestampsTimestamps are relative to the start of the recorded interview.01:32 — Ishbia's sports ownership philosophy and the Chicago White Sox investment02:28 — United Wholesale Mortgage's financial performance and Suns ownership concerns04:33 — Ishbia addresses loans, liquidity, and margin-call speculation06:05 — Minority ownership transactions and the Suns' potential $8 billion to $9 billion valuation07:57 — UWM's mortgage business outlook and purchase lending strategy09:49 — Potential NBA expansion in Las Vegas and its impact on Phoenix Suns fans10:45 — Affordable concessions, free broadcasts, and improving the fan experience12:50 — Plans to revitalize NBA All-Star Weekend and the dunk contest14:34 — The WNBA commissioner search and investment in women's basketball15:51 — Isiah Thomas's relationship with Ishbia and basketball operations16:27 — Lessons from the Kevin Durant trade and the Suns' new team culture20:10 — Why Ishbia rejects NBA tanking and prioritizes winning21:54 — Phoenix Suns season expectations, playoff goals, and Devin Booker's role Notable insightsIshbia emphasizes that financial success and franchise ownership stability are separate issues, asserting that UWM's performance does not threaten his basketball teams. He also argues that NBA franchises have substantial long-term growth potential as demand for professional sports ownership continues.Reflecting on the Kevin Durant era, Ishbia acknowledges that acquiring elite talent without a clearly defined organizational identity was insufficient to produce championship success. His revised approach centers on what he calls the Suns DNA: players who demonstrate toughness, defensive commitment, work ethic, and alignment with the franchise's culture.Ishbia also makes clear that he opposes intentional losing as a rebuilding strategy. Rather than embracing tanking, he wants the Suns to improve consistently, compete for playoff victories, and build around Devin Booker. Related resourcesPhoenix Suns — Official WebsitePhoenix Mercury — Official WebsiteUnited Wholesale MortgageCNBC — Business and Financial NewsNBA — Official WebsiteWNBA — Official Website  Hosted by Simplecast, an AdsWizz company. 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Las Vegas Sands CEO and Dallas Mavericks governor Patrick Dumont joins CNBC's Contessa Brewer in Macao to discuss the NBA China Games, potential NBA expansion in Las Vegas, and plans for a new Mavericks arena and entertainment district in Dallas. Dumont also shares his outlook on Macao's gaming market, luxury tourism in Asia, and how live sports and entertainment are shaping the future of hospitality.Episode NotesLas Vegas Sands CEO and Dallas Mavericks governor Patrick Dumont sits down with CNBC's Contessa Brewer in Macao to discuss the intersection of professional basketball, casino gaming, luxury hospitality, and global tourism. With the NBA China Games bringing the Dallas Mavericks to Macao, Dumont explains how major sporting events can create lasting economic opportunities, attract international visitors, and strengthen community connections.From the potential arrival of an NBA expansion franchise in Las Vegas to ambitious plans for a new Dallas Mavericks arena, Dumont offers insight into the business strategy behind sports ownership and entertainment development. He also addresses Macao's evolving gaming economy, Las Vegas Sands' long-term investment philosophy, and the growing importance of luxury experiences across Asia.Topics discussed include:NBA China Games in Macao: Why bringing the Dallas Mavericks to Macao represents an important milestone for Las Vegas Sands, the NBA, and international basketball.Basketball and community development: How Mavericks players, including Cooper Flagg and Kyrie Irving, are engaging with young athletes and promoting teamwork.Macao gaming revenue and tourism diversification: Why Las Vegas Sands continues investing despite fluctuations in casino revenue and how entertainment, shopping, and sporting events support tourism.Luxury hospitality in Asia: Dumont's outlook on long-term economic growth in China and other Asian markets, and the demand for premium travel experiences.Formula 1 and live entertainment: How the Singapore Grand Prix, Sands' Ferrari partnership, and concerts help attract visitors to luxury resorts.NBA expansion in Las Vegas: Why Dumont believes Las Vegas is a natural destination for an NBA franchise and how an arena could fit into the city's entertainment landscape.Dallas Mavericks arena development: Early planning for a new arena and entertainment district, including the potential Valley View site and the distinction between Mavericks development and future Las Vegas Sands investments in Texas.Prediction markets and sports betting: Dumont's perspective on prediction markets, fan engagement, and the different role of live hospitality experiences.NBA franchise valuations: Why Dumont considers ownership of the Mavericks a long-term commitment to fans rather than simply a financial investment.Episode timestamps:06:27 — Patrick Dumont on hosting the NBA China Games in Macao with the Dallas Mavericks07:33 — Cooper Flagg, Kyrie Irving, and youth basketball development08:33 — The economic and community impact of the NBA China Games09:28 — Macao's gaming revenue, tourism growth, and economic diversification10:55 — Marina Bay Sands, Singapore, and luxury hospitality strategy11:46 — Competition in the luxury travel market and Asia's wealth creation12:43 — Formula 1, Ferrari, concerts, and sports-driven tourism13:38 — Las Vegas NBA expansion and the city's entertainment potential14:34 — Arena development and the future of professional basketball in Las Vegas15:36 — Dallas Mavericks plans for a new arena and entertainment district16:50 — Prediction markets, sports betting, and the Texas gaming landscape17:46 — Rising NBA franchise valuations and the Mavericks ownership philosophy18:11 — How luxury hospitality could reshape the Mavericks fan experienceMore about the organizations and events discussed:Las Vegas Sands — Global resort and hospitality company operating major properties in Macao and Singapore.Dallas Mavericks — Official website of the NBA franchise.NBA — League news, international basketball initiatives, and team information.Marina Bay Sands — Las Vegas Sands' integrated resort in Singapore.Formula 1 — Official information about F1 racing, including the Singapore Grand Prix.CNBC — Business and financial news covering gaming, travel, sports, and global markets.Dumont emphasizes that the future of Las Vegas Sands depends on creating experiences that bring customers back, while his vision for the Dallas Mavericks focuses on building a world-class arena that combines basketball, entertainment, and exceptional hospitality. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

World No. 3 Jessica Pegula joins Alex Sherman to discuss her rise to the top of women’s tennis, the demands of the WTA schedule, late-night U.S. Open matches and her pursuit of a first Grand Slam title. Pegula also shares how she manages her career like a business, her family’s Buffalo Bills and Sabres ownership, The Players Box Podcast and her partnership with The Farmer’s Dog. Episode NotesJessica Pegula joins Alex Sherman for a wide-ranging conversation about professional tennis, athlete health, the WTA schedule, Grand Slam pressure and life inside one of America’s most prominent sports families. Fresh off another deep U.S. Open run, Pegula explains what helped her become an elite player later in her career and why learning to work smarter, stay healthy and manage her body became essential to her success.Pegula also discusses one of the biggest issues facing professional tennis players: an increasingly demanding tournament calendar. As chair of the WTA Tour Architecture Council, she shares her perspective on mandatory events, two-week WTA 1000 tournaments, recovery time and the mental and physical toll of a season that stretches across most of the year. The conversation also explores late-night U.S. Open matches, Pegula’s pursuit of a first major championship and the mindset she has developed after repeated runs into the second week of Grand Slams.Beyond the court, Pegula talks about her family’s ownership of the Buffalo Bills and Buffalo Sabres, what she has learned from seeing professional sports organizations from an ownership perspective and whether she could become more involved with the organizations in the future. She also reflects on her mother’s serious health emergency and how tennis provided an important outlet during an extraordinarily stressful period.   Topics discussed include:Jessica Pegula’s partnership with The Farmer’s Dog and her passion for canine healthHow injuries and maturity helped Pegula reach another level in professional tennisLate-night U.S. Open matches and potential scheduling changesManaging the pressure of chasing a first Grand Slam titleThe WTA Tour Architecture Council and concerns about the tennis calendarGrowing up in a family that owns the Buffalo Bills and Buffalo SabresWhat Pegula has learned about professional sports ownershipHow her mother’s cardiac arrest affected Pegula and her familyWhy Pegula describes professional tennis players as the “CEO” of their own teamsThe Buffalo Bills’ new stadium and Pegula’s relationship with Josh AllenHow The Players Box Podcast began with Madison Keys, Desirae Krawczyk and Jennifer BradyMadison Keys’ candid comments about the mental demands of professional tennis Timestamps:01:35 Maddie, Jessica Pegula’s dogs and The Farmer’s Dog partnership05:18 How maturity, injuries and smarter training changed Pegula’s career06:41 U.S. Open scheduling and the challenge of extremely late matches08:34 Handling Grand Slam pressure and pursuing a first major title09:55 WTA Tour Architecture Council and changes Pegula wants to see in the schedule11:11 Growing up in the family that owns the Buffalo Bills and Buffalo Sabres12:31 What Pegula has learned from the business of professional sports ownership13:38 The future of the Bills and Sabres within the Pegula family14:38 Pegula reflects on her mother’s cardiac arrest and how tennis helped her cope16:01 Why elite tennis players operate like CEOs of their own traveling teams17:17 Buffalo Bills’ new stadium and Pegula’s relationship with Josh Allen18:23 How The Players Box Podcast grew out of a group chat among tennis friends19:12 Madison Keys, mental fatigue and candid conversations about life on tourMentioned in the episode: The Farmer’s Dog, U.S. Open, WTA, WTA Tour Architecture Council, Buffalo Bills, Buffalo Sabres, Josh Allen and The Players Box Podcast. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Episode SummaryStephen Curry discusses the Golden State Warriors’ championship ambitions, his approach to retirement, the future of Curry Brand, and his expanding business portfolio. He also shares how Underrated Golf is creating access for young players, why he chose Li-Ning, and where he sees opportunities across media, AI, basketball, golf, and women’s sports. Episode NotesStephen Curry joins Alex Sherman at Bethpage Black for a wide-ranging conversation spanning basketball, business, golf, media, footwear, artificial intelligence, the WNBA, and the next stage of Curry’s career.Curry explains how his experience as an overlooked three-star basketball recruit inspired the Underrated brand and its focus on opportunity, equity, and access. He reflects on the growth of the Underrated Golf Tour, including young golfers who have progressed from the program into college golf and PGA Tour opportunities.The conversation also explores Curry Inc. and the portfolio Curry is building beyond basketball. Curry discusses Unanimous Media, his Eat. Learn. Play. foundation, the animated basketball film GOAT, and his ambitions across film, television, publishing, and podcasting.Curry also goes inside his move to Li-Ning after entering footwear free agency. He describes testing products from multiple brands, wearing Jimmy Butler’s Li-Ning shoe in a game, and what attracted him to Li-Ning’s product quality, innovation, global ambitions, and willingness to invest in Curry Brand. He says work is underway on a new signature shoe, with hopes for a release in early 2027, while golf, lifestyle, and training products are also part of the longer-term vision.On the court, Curry discusses the Golden State Warriors, the challenge of competing in a deep Western Conference, and his desire to remain in championship contention while helping the team establish a new identity. He addresses his health, his long-running partnership with Draymond Green and Steve Kerr, and why changing teams is not the path he is looking to take.Curry also weighs in on the state of the NBA and WNBA, athlete recruitment for Curry Brand, partnerships involving Google, Gemini, and KPMG, and how young people can prepare for a world being rapidly reshaped by AI.Finally, Curry talks candidly about retirement. While he says Father Time is always part of the equation, he still believes he can perform at a high level and describes a sense of urgency around making the most of the next two years.Topics and timestamps:02:05 Curry Inc., Unanimous Media and Eat. Learn. Play.02:44 GOAT and future film and TV projects03:46 Curry’s footwear free agency and move to Li-Ning06:09 Golden State Warriors and championship contention07:58 Curry, Draymond Green and Steve Kerr08:41 Health and maintaining an elite level of play09:12 Sponsorships, endorsements and business partnerships10:02 AI, Google Gemini and preparing young people for technological change10:36 Curry’s next signature shoe and plans for 202711:47 Curry on the state of the NBA12:22 WNBA growth, visibility and leadership13:15 Caitlin Clark, Paige Bueckers and Curry Brand athlete recruitment13:52 Li-Ning’s investment in Curry Brand14:17 Retirement, Father Time and Curry’s next two years Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Netflix Chief Content Officer Bela Bajaria explains how live sports, global events and local programming fit into Netflix’s evolving content strategy, while Jacksonville Jaguars owner Shad Khan examines rising NFL team valuations, stadium economics and international expansion. Together, the conversations reveal how streaming, live experiences and changing fan behavior are reshaping the business of sports and entertainment.Episode NotesThe worlds of streaming, live sports and franchise economics are converging. In this episode, Bela Bajaria and Shad Khan offer two perspectives on how that transformation is playing out across Netflix, the NFL and the broader sports and entertainment business. Netflix Chief Content Officer Bela Bajaria discusses the company’s growing focus on live programming and what turns a broadcast into an “unmissable event.” Rather than pursuing sports through a traditional rights strategy, Netflix is looking for cultural moments capable of generating conversation around the world. Bajaria points to NFL games on Christmas Day, boxing, the World Baseball Classic, the Home Run Derby, Alex Honnold’s Taipei 101 climb and a BTS concert in Seoul as examples of how Netflix thinks about event programming. She also explains how Netflix combines its global distribution with locally produced content and country-specific marketing. The strategy remains opportunistic: Netflix can pursue established sports properties while also developing original events that take advantage of the platform’s global scale. Shad Khan, owner of the Jacksonville Jaguars, turns to the economics powering the NFL. Khan discusses why he believes NFL franchises still have significant room to appreciate despite rapidly rising team valuations, citing the league’s competitive balance, financial structure and connection to local communities. The conversation also explores the Jaguars’ stadium transformation and how modern venues are becoming year-round businesses. Khan describes plans to improve cooling, weather protection, premium seating, concourses, local food offerings and non-football programming while creating additional revenue for the team and Jacksonville. Topics discussed include:Netflix’s strategy for live sports and entertainment eventsNFL games on Netflix and Christmas Day programmingCreating global cultural moments versus buying traditional sports rightsNetflix’s global reach and investment in local-language originalsNFL franchise valuations and the economics behind their growthThe Jacksonville Jaguars’ stadium redevelopmentPremium seating, fan experience and non-game-day stadium revenueCollege football and other events as stadium revenue opportunitiesThe NFL’s international growth and the Jaguars’ presence in LondonStreaming, broadcast television and the future of NFL media distributionFantasy football, RedZone and changing viewing habitsFulham, Premier League economics and year-round venue developmentNFL ownership rules, debt limits and private equityWhat could drive future sports franchise valuations Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.