Former Maple Leaf Sports & Entertainment Chief Executive Officer Richard Peddie joins Scott Soshnick, Eben Novy-Williams and Michael Barr to discuss a host of issues related to the business of sports, including the wide-ranging effect the coronavirus might have on major professional sports teams and leagues. Peddie was running the parent company of the NBA’s Toronto Raptors and NHL’s Maple Leafs when the SARS outbreak hit. Peddie talks about the myriad financial implications of playing games without fans, a precaution already being taken in Italy, and what teams can do to mitigate financial loss. Peddie also talks about the media landscape surrounding sports, and whether leagues will continue to reap windfalls from media companies like Disney and its ESPN unit.
Hosts: Scott Soshnick, Eben Novy-Williams and Michael Barr
Producer: Tim Herro
To contact the reporters on this story:
Scott Soshnick in New York at [email protected];
Eben Novy-Williams in New York at [email protected];
Michael Barr in New York at [email protected]
To contact the editor responsible for this story:
Scott Soshnick at [email protected]
See omnystudio.com/listener for privacy information.
03/05/20 • 38 min
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Bloomberg Business of Sports - What Happens if Sports Can’t Stuff Arenas With Fans?
Transcript
This is the business of sports. Let's talk Super Bowl and Fox Sports every single thing that occurs. I want people to remember, this is a business. Guaranteed. Money isn't necessarily guaranteed. Michael bar How high can these valuations go? Scott,
Speaker 1everybody loves rooting against him right. Evan Williams Off the field, the NBA has never been buzzier. And the leaders in the sports industry Majo
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