Carolyn Tisch Blodgett on Women's Sports Growth, Player Salaries, and NWSL Investment
Bloomberg PodcastsJanuary 15, 20268 min61 views
15 connectionsΒ·19 entities in this videoβGrowth and Investment in Women's Sports
- π‘ Rising tides lift all boats in women's sports, with increased investment and media attention shifting from men's teams to women's leagues.
- π New ownership groups are entering leagues like the NWSL and WNBA, signaling a significant shift in investment patterns.
- π While competition for talent is good, there's a concern about losing key players to European teams due to escalating salaries.
Competitive Advantage for Player Retention
- π― Gotham FC focuses on its competitive advantage by investing in top-tier coaching staff, medical support, and mental health resources to attract and retain players.
- π§ The team aims to be the best place for players to improve, offering a compelling alternative to established European club legacies.
- π A strategy of developing and promoting player stars is crucial for driving viewership and casual fandom, bridging the gap from national team success to league support.
Business of the NWSL
- π° The NWSL has seen a dramatic increase in expansion fees, from $2 million in 2019 to $165 million for a new Atlanta team, indicating substantial business growth.
- π€ The league benefits from a diverse and experienced ownership group, including owners from the NFL, NBA, and MLS, who are focused on sustainable growth and long-term investment.
- β The current ownership is committed to reaching the next level of the league's development, emphasizing a long-term vision over quick financial gains.
Investment in Emerging Sports
- π± Next Three Ventures, Carolyn Tisch Blodgett's investment firm, continues to seek opportunities in emerging leagues and grassroots youth sports.
- π The focus is on identifying and supporting sports that are building strong foundations from the ground up.
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Transcript32 segments
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Topics13 themes
Whatβs Discussed
Women's SportsNWSLPlayer SalariesEuropean LeaguesTalent RetentionGotham FCSports InvestmentBrand BuildingViewershipCasual FandomSustainable GrowthEmerging LeaguesYouth Sports
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