CNBC’s Alex Sherman speaks with Marc Lasry, CEO of Avenue Capital Group and former owner of the Milwaukee Bucks. They discuss Lasry’s ambitious sports fund, why he’s investing in professional bull riding, the inevitability of private equity entering college sports, the NBA’s expansion plans in Europe, and his bullish outlook on emerging leagues like the WNBA and women’s soccer.
Watch the full conversation above, and sign up to receive future editions of the CNBC Sport newsletter straight to your inbox: https://www.cnbc.com/lander?id=sport-newsletter
Chapters:
00:00 Introduction
00:19 Emergent sports bet
07:09 Rise of professional bull riding
12:41 Clippers controversy
14:11 Private equity & college sports
19:37 Minor league baseball swing
21:01 Does TGL have staying power?
22:12 NBA’s Europe expansion
Reporter: Alex Sherman
Senior Field Producer: Jessica Golden
Edited by: Tim Hurt
Animation: Jason Reginato
Additional Footage: Getty Images
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Billionaire Investor And Former Milwaukee Bucks Owner Marc Lasry
