Goodell, Selig, Stern, Bettman Among Invitees To Annual Sun Valley Conference
The inclusion of the big four pro commissioners at Allen & Co.'s retreat in Sun Valley, Idaho, is “further proof that sports is now firmly entrenched as one of America's big businesses, deserving of a seat alongside business and media and politics and technology as a shaper of popular opinion and culture,” according to Brian Murphy of the IDAHO STATESMAN. The inclusion of the NHL’s Gary Bettman, NFL’s Roger Goodell, MLB’s Bud Selig and NBA’s David Stern is “only fitting, given sports' place in the American culture." The commissioners “belong in meetings with the other executives, given the size of the businesses they run and the enormous influence they peddle.” The four commissioners “will be joined by more than a dozen others with heavy sports ties at the gathering, representing some of the most popular and most successful franchises in the country,” including the Lakers, Red Sox, Patriots and Bulls. Murphy: “Given the media and business power-brokers in Sun Valley, could someone strike a deal that vastly changes the way we watch and consume our sports? Or the way they are run?” (IDAHO STATESMAN, 7/7). PRO FOOTBALL TALK’s Mike Wilkening noted Rams Owner Stan Kroenke and 49ers CEO Jed York are “among the NFL figures slated to attend.” Goodell today is “to participate in a sports-related discussion,” but the nature of the talk “is unclear” (PROFOOTBALLTALK.com, 7/9).
SWAP MEET: CNBC.com’s Julia Boorstin noted IMG is a “big asset on the block,” and it is “expected to sell" for as much as $2B in the next few months. The company “doesn't have a representative at the conference, but two determined bidders are here" in CAA Managing Partner Bryan Lourd and Wasserman Media Group Chair & CEO Casey Wasserman (CNBC.com, 7/9).