All Quotes

# sports — 46 quotes

SPORTS

“

When a player gets traded, we can have a jersey with the new team on sale within minutes. Traditional retail takes months. Minutes versus months. That's the business.

e-commercespeed— Forbes Interview, 2022
“

We're going into sports betting, trading cards, and ticketing. People say we're spreading too thin. I say we're the only company that has a direct relationship with every fan. That's the platform.

expansionplatform— Wall Street Journal Interview, 2023
“

We don't just sell jerseys. We own the entire chain — the league license, the manufacturing, the website, the delivery. Nobody else in sports has that. Nobody.

sportsstrategy— Bloomberg Interview, 2023
“

Jay-Z, Meek Mill, and I throw a Super Bowl party every year. People think it's just a party. It's actually the most efficient networking event in sports business. Every deal I've done in five years started at that party.

culturenetworking— GQ Interview, 2023
“

The NBA used Oura rings to detect COVID before players showed symptoms. Temperature spikes at 3 AM — three days before a positive test. That moment put us on the map.

covidsports— Bloomberg Interview, 2021
“

I bought the Dolphins for $1.1 billion and people said I overpaid. The franchise is now worth over $6 billion. Real estate taught me to buy assets that appreciate. An NFL team is just real estate with a scoreboard.

investingmiami-dolphins— Interview, 2022
“

Owning an NBA team teaches you something PE never does: 20,000 people show up every night to tell you whether your investment is working.

“

The Milwaukee Bucks were $550 million. Everyone said we overpaid. The team is now worth over $3 billion and we have a championship trophy. Who overpaid?

“

We took Fortress public, sold it to SoftBank, bought the Bucks, won a championship. Not bad for a kid from Oregon State.

“

I bought the Pistons because I believe in Detroit. Sometimes the best investments are the ones that are also the right thing to do.

“

Owning the Hawks is the most fun investment I have ever made. Everything else generates returns. The Hawks generate joy.

“

Sports franchises are the best alternative investment in the world. They only go up, you get courtside seats, and the tax benefits are incredible.

“

I paid $6 billion for the Commanders. People said it was crazy. The NFL generates $20 billion a year in revenue and that number only goes up.

“

The 76ers cost $287 million in 2011. They are worth over $3 billion now. Tell me again why sports teams are not good investments.

“

Philadelphia is my city. Owning the 76ers is not just a financial investment. It is a commitment to a community I love.

“

I have won 23 Grand Slams. Building a venture portfolio is harder. At least in tennis, I controlled the outcome.

“

I bought Formula One for 4.4 billion dollars. Everyone said I overpaid. Revenue has doubled since. The crowd is usually wrong about sports media.

“

Cricket engagement was always passive — watch and cheer. We made it active — pick your team and compete.

“

Aston Villa went from the Championship to the Champions League. Patience pays.

“

Messi changed everything. One signing turned a struggling franchise into the most valuable team in MLS.

“

Manchester United should be the biggest club in the world. It's not. That's what I'm here to fix.

ambitionsports— Press Conference, 2023
“

Sports are the last real-time content. Everything else can be paused, skipped, or streamed later. Sports can't.

investingmedia— Sun Valley Conference, 2022
“

We paid what Chelsea was worth to us, not what the market said it was worth.

convictioninvesting— Financial Times Interview, 2022
“

The Dodgers were called the most overpaid acquisition in sports history. Now they're worth three times what we paid.

investingpatience— Bloomberg Interview, 2023
“

In sports and entertainment, emotional connection is the moat. No algorithm can replicate it.

mediamoats— Interview, 2023
“

Everyone said buying UFC for $4 billion was insane. The UFC is now worth $12 billion. I love being called insane.

contrarianconviction— Bloomberg Interview, 2023
“

I didn't buy Chelsea to make money. I bought it because I love football and I wanted to build the best club in the world.

footballpassion— Rare interview, 2005
“

Twenty-one trophies in nineteen years. Whatever happens next, nobody can take that away.

achievementlegacy— Statement through spokesperson, 2022
“

The Dodgers were called the most overpaid sports purchase in history. They're now worth three times what we paid. Patience wins.

patiencesports— Rare interview, 2022
“

Sports in India is an untapped goldmine. Kabaddi was a village game. Now it fills stadiums and gets TV ratings.

“

Seven skills named after me. That is my real investment — into a sport that will carry my name for generations. No stock market can do that.

achievementlegacy— ESPN The Magazine, 2023, 2023
“

Winning the Stanley Cup was more satisfying than any trade I’ve ever made. And I’ve made some very good trades.

passionsports— Post-championship interview, 2020
“

A farm kid from Arkansas owning Liverpool FC is proof that America is a genuinely insane country.

ambitionhumor— Press conference, 2019
“

Buying the Red Sox wasn’t a business decision. It was a dream. That it turned out to be a great business decision is a bonus.

investingpassion— ESPN interview, 2013
“

Sports teams are the last truly scarce asset class. They don't make more NBA franchises.

“

Sports teams are physical monopolies. There's only one set of them.

investingmonopoly— Business interview
“

If you want to win in sports, you've got to be willing to take a risk.

risksports— Interview
“

My wife Myra told me that buying the Patriots would be good for the community. She was right about everything.

communityfamily— Interview
“

Live events are the things that survive fragmentation. Sports, news — these are what people still watch together in real time. Everything else gets spread across twenty platforms.

live-tvmedia-strategy— Fox Corporation earnings call, 2022
“

I apply the same principles to sports as I did in venture capital — find undervalued assets and build them up.

investingsports— Stanford GSB Alumni Interview, 2015
“

When you have the best players, you win. It is pretty simple.

sportstalent— GQ Interview, 2016
“

We are light years ahead of you.

competitionconfidence— MIT Sloan Sports Analytics Conference, 2016
“

Winning is the best marketing. Everything else follows.

businesssports— ESPN Interview, 2021
“

We are going to be a model sports franchise. We are going to win — and we are going to win with class.

cleveland-brownsleadership— Press conference, Cleveland Browns ownership announcement, 2012
“

The Cleveland Browns are a special franchise. Cleveland is a special city. That is why we are absolutely committed to bringing a championship to this community.

clevelandcommitment— Cleveland Browns press conference, 2019
“

We are so proud to be stewards of this storied franchise and to represent the great fans of Broncos Country.

nflownership— Denver Broncos Acquisition Press Conference, 2022