Australiasportbiz

Bloomberg's Randall Williams joins Dani Burger on "Bloomberg Deals." The Cleveland Browns said it sold a stake to Arctos Partners. The total investment is said to be for 10% of the club at a valuation of more than $9 billion, according to people familiar with the matter.

SumerSports, a startup founded by Paul Tudor Jones, is trying to transform football using artificial intelligence. SūmerSports CEO Lorrissa Horton joined Bloomberg Open Interest to explain how NFL teams are using frame-by-frame AI tracking for scouting, player development, predictive play analysis, and fan engagement. It's all powered by hedge-fund style analytics that was originally inspired by fantasy football.

NBA Hall of Famer Shaquille O'Neal & Authentic Brands CEO Jamie Salter discuss the launch of 'Dunkman,' a new dunk league aiming to compete with the NBA dunk contest. They talk with Romaine Bostick at the Milken Institute Global Conference in Beverly Hills, California.

Bruin Capital Founder & CEO George Pyne discusses investing in 'second level enablers,' the state of sports and entertainment media, and why globalization is the future. He talks with Katie Greifeld and Romaine Bostick at the Milken Institute Global Conference in Beverly Hills, California.

Harbinger Sports Partners Founder Rashuan Williams discusses the 'explosion' and diversification of revenue by many sports franchises, and the switch to 'sports 2.0,' a new business model aimed at maximizing real estate surrounding sporting venues. He talks with Romaine Bostick and Katie Greifeld on "The Close."

Speaking with Bloomberg's Francine Lacqua at the Norges Bank Conference in Oslo, Formula 1 Chief Executive Officer Stefano Domenicali talks about the possibility of adding more races in the US. He says the demand from fans is very high. He also says it may only be possible to reschedule one of two races in the Middle East that were canceled earlier this season.

'Sky is the limit' on the potential growth of the NFL draft, says former ESPN and NFL Network CEO Steve Bornstein. He discusses with Katie Greifeld and Romaine Bostick on "The Close."

Ariel Investments has been expanding its private markets platform through Ariel Alternatives and has jumped into the world of investing in women's sports. Company Chair and co-CEO John Rogers speaks with "Bloomberg The Close" about the decision and also weighs in on the political implications of the difficult economic reality caused by the US-Iran war.

EDO President & CEO Kevin Krim discusses Netflix's big push into broadcasting live events, especially live sports, referring to them as 'the engine that powers the whole ecosystem.' He talks with Romaine Bostick and Katie Greifeld on "The Close."

NBA Champion & Entrepreneur Kyle Kuzma discusses joining Sierra Racing Club as team co-owner, E1 racing, and why he's bullish on the NBA's future. He talks with Romaine Bostick for "The Close."