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The Summer of Adam: Are Private Equity Owners Good For The NBA?
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The Summer of Adam: Are Private Equity Owners Good For The NBA?
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Aug 19, 20261:24:243.3K views
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The Summer of Adam: Are Private Equity Owners Good For The NBA?
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Ethan Strauss is here to discuss the various ownership stories simmering across the NBA: Mark Walter's financial troubles, Bob Iger & Adam Silver's relationship, why the NBA would choose to expand to Vegas and the fallout from Monday's ESPN report about the Ballmer investigation.
00:00 Intro
02:57 “The Summer of Adam”
05:18 Why the Lakers sale benefits Adam Silver
06:12 How Kushner & Iger can afford the Lakers
09:10 NBA vs. NFL owners
12:43 Thrive Capital’s “eternal brands” strategy
16:41 Bob Iger, Disney & the NBA’s TV deal
18:14 Why the Lakers sale skipped a bidding war
24:12 NBA expansion implications
26:04 Why Las Vegas may be a bad NBA market
32:30 NBA’s response to the Steve Ballmer investigation
40:27 How Joe Lacob broke the Warriors auction
42:29 David Stern’s philosophy vs. Adam Silver’s NBA
46:49 Jeanie Buss & the chaos in Los Angeles
50:01 Did COVID accelerate the NBA’s ownership shift?
56:04 “Gather-step era of ownership”
1:00:07 Is private-equity money creating an NBA bubble?
1:04:47 Ethan’s 49ers outlook & substation injury theory
1:07:34 Kyle Shanahan as the NFL’s Tom Thibodeau
1:16:50 Strauss-stradamus
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1 hour 24 minutes.