Kansas City Chiefs Move to Kansas, Sports Memorabilia Business, and Women's Soccer Growth
Bloomberg PodcastsDecember 27, 202538 min277 views
28 connections·40 entities in this video→Chiefs' Stadium Move to Kansas
- 🏈 The Kansas City Chiefs are planning to move across the Missouri border to Kansas due to a new public financing package for a $3 billion stadium in Wyandotte County.
- 💰 This move follows a voter rejection in Kansas City, Missouri, of a sales tax extension for stadium funding, highlighting a national trend of voter fatigue with publicly funded stadiums.
- 📍 The new stadium, slated for the 2031 NFL season, will be part of a mixed-use entertainment district, alongside a new headquarters and training facility in Johnson County.
- 🏟️ While the move is geographically small, it carries emotional weight for fans attached to the historic Arrowhead Stadium, one of the loudest in the league.
Sports Memorabilia and Collectibles Business
- 🌟 Brandon Steiner, founder of Collectible Exchange, discusses his journey as a serial entrepreneur and his new venture focused on helping people manage and monetize their extensive collections.
- 🏠 Steiner's new company addresses the challenge of what to do with large collections as people age or downsize, offering authentication, vaulting, and sales assistance.
- 🏟️ He also highlights the business of selling pieces of demolished stadiums, like the Buffalo Bills' current venue, emphasizing the emotional connection fans have to these iconic locations.
- 📈 While acknowledging the potential for significant value in rare collectibles, Steiner advises against buying solely for investment, focusing instead on the joy and memories associated with owning a piece of sports history.
Growth and Investment in Women's Sports
- ⚽ Michelle Akers and Laura Gentile are launching a venture to tell the stories of the 1985 US Women's National Soccer Team (the '85ers) through an athlete-owned LLC.
- 💰 Akers expresses frustration with the slow progress towards equal pay in women's soccer, noting that expectations for equality existed even 40 years ago.
- 🚀 Gentile, co-founder of Storied Sports and former ESPNW leader, emphasizes the growing opportunity and investment potential in women's sports, highlighting its ascendance and the increasing role of women in leadership and ownership.
- 🌟 The initiative aims to give the '85ers the recognition they deserve and to blaze a trail for women athletes to own their legacies and careers, impacting future generations.
- 📈 The growth of women's sports is seen as a global phenomenon, with the US Women's National Team's success in 1999 significantly impacting the sport's popularity and commercial viability worldwide.
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40 entities
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Transcript144 segments
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What’s Discussed
Kansas City ChiefsNFL StadiumsPublic FinancingSports MemorabiliaCollectible ExchangeBrandon SteinerWomen's SoccerUSWNT85ersAthlete-Owned LLCStoried SportsESPNWEqual PaySports BusinessWomen in Sports
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Event· 1
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