Latest news with #RandallWilliams
Bloomberg
4 days ago
- Entertainment
- Bloomberg
The Cup With a $1 Billion Prize Pot Few Know About
By and Randall Williams Save This week we look at a sporting event that's bringing the best players from across the world to play for a $1 billion prize pot, and very few people have a clue it's happening. Then we catch up with the gossip from the NBA Finals. As always, send us any feedback, tips or ideas here. If you aren't yet signed up to receive this newsletter, you can do so here.
NBC Sports
15-05-2025
- Business
- NBC Sports
Report: Chargers in talks to sell stake in team to private equity firm Arctos
Private equity firm Arctos Partners bought a stake in the Bills last year. It could own minority interest of the Chargers soon. Randall Williams of Bloomberg reports the Chargers and Arctos are in talks. The Chargers have talked to the other three of the league's approved private equity groups, according to Williams, with negotiations with Arctos the most advanced. The NFL changed its investment rules in August, allowing private equity to own as much as 10 percent of a team. Arctos purchased a 10 percent stake in the Bills in December, and Dolphins owner Stephen Ross sold a 10 percent stake of the Dolphins, Hard Rock Stadium, the Miami Grand Prix and the Miami Open tennis tournament to Ares Management. Arctos, which is Dallas based, was founded in 2019 and is headed by managing partners Ian Charles and David O'Connor. It is the first private equity firm to gain approval to invest in all five major North American leagues, and it owns stakes in more than 20 sports franchises.
Bloomberg
24-04-2025
- Business
- Bloomberg
Private Equity Firms Splurge on Pro Sports
Hi, it's Randall Williams in New York, reporting on how private equity firms are becoming popular partners for the owners of American sports teams. Elsewhere, Harvey Schwartz pushes Carlyle to revive its Washington brand in the Trump era. Today's top stories
Bloomberg
28-02-2025
- Business
- Bloomberg
Looming Threat to $15 Billion Sportsbook Industry Is Legal for Now
By , Randall Williams, and Jason Kelly Save This week Ira writes about his experience betting on sports (purely for reporting purposes) via prediction markets. The Biz of Sports crew also ponders the less glamorous parts of NFL life. And Jason Kelly fills us in on what a former New York Yankee had to say about the lifting of the beard ban. Also check out our latest Field Day column, where Randall of the WNBA should be careful about adding too many teams too fast.
Bloomberg
14-02-2025
- Business
- Bloomberg
Stephen A. Smith on Building His Sports and Media Empire
ESPN and media personality Stephen A. Smith joined Bloomberg's Randall Williams to talk about building his own media empire, his future with ESPN and if he'd really ever run for the White House. They spoke at the Super Bowl in New Orleans. (Source: Bloomberg)
