A $100 Million Arena Renovation has Boston Fans Livid

Bloomberg Business of Sports

Scott Soshnick and Michael Barr discuss a host of issues related to the business of sports, including a horde of unhappy Boston Bruins and Celtics fans at TD Garden, where a renovation has led to an uncomfortable seating problem. Delaware North, the owner and operator of the arena, spent $100 million to upgrade and expand the building. Fans, however, lots of them, have complained that the new seats don't have enough leg room. Delaware North is mulling how to proceed. Also talked about is Major League Baseball's decision to change its ownership rules, allowing investment funds to buy limited stakes across multiple teams. It spurred Galatioto Sports Partners to create a $500 million fund -- the GSP Baseball Fund -- to invest in teams. The fund will have a maximum of 100 investors and has a minimum contribution of $1 million. Also discussed is Eliud Kipchoge's sub two-hour marathon and how it might affect Nike, which produced special sneakers for the event. And also touched on is LeBron James's comments about Houston Rockets General Manager Daryl Morey, who touched off the NBA-China firestorm with a tweet critical of the situation in Hong Kong.

Hosts: Scott Soshnick and Michael Barr

Producer: Bob Bragg

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