Steve Pagliuca Talks PE Stakes, Global Sports

Steve Pagliuca, Boston Celtics co-owner and senior advisor at Bain Capital Private Equity, explains what private equity ownership of franchises means for professional sports and sees the PE deal with the National Football League as a “passive limited partnership position.” Pagliuca also discusses the globalization of sports, the state of sports media rights fees, and his interest in acquiring another European football club. He spoke with Bloomberg's Jonathan Ferro and Lisa AbramowiczSee omnystudio.com/listener for privacy information.