The Expanding Business, and Power, of Sports

A conversation between the CEO of an NHL team and a prominent sports investment banker about the increasingly institutional ownership of major sports teams. Xavier Gutierrez of the Arizona Coyotes and Don Cornwell of PJT Partners also discuss how these businesses are being monetized, the surge in team valuations, the importance of data as a revenue generator, the need for diversity in the sports business, Colin Kaepernick and teams as platforms for social advocacy, and what they learned working for the NFL at the dawn of the Internet age. Interviewed by David Snow of Privcap Media. Special thanks to Max Fishman for his help with the Sports & Private Equity thought-leadership series.