< The Waziristan problem | Main | Landing the tuna rather than the barracuda >
January 3, 2008
The most influential person in sports that no one has heard of
The 30 Major League Baseball clubs invested $80 million in a fledgling media company. That initial investment has been repaid and the media company generated $450 million in revenues this past year, producing a $3 million dividend for each MLB club. Several investment banks recently estimated that the value of the clubs' original $80 million investment is now worth $2.5 billion.
Who managed this windfall for MLB? The most influential person in the sports business that no one has ever heard of -- Bob Bowman, the President and Chief Executive Officer of MLB Advanced Media (MLBAM). Maury Brown interviews Brown.
Posted by Tom at January 3, 2008 12:00 AM |
Comments
Post a comment
Thanks for signing in, . Now you can comment. (sign out)
(If you haven't left a comment here before, you may need to be approved by the site owner before your comment will appear. Until then, it won't appear on the entry. Thanks for waiting.)