# The Deal: the investor podcast, by episode

> The Deal: Bloomberg's conversations with dealmakers, founders and investors. 119 episodes, each linked to the investors in it.

Source: https://millionrounds.com/podcasts/the-deal (Millionrounds; every figure on the page links to its filing or article)

The week's news · new episode 22 Oct 2026

# The Deal

Hosted by **Alex Rodriguez and Jason Kelly, Bloomberg**

Bloomberg's conversations with dealmakers, founders and investors.

Follow on Apple PodcastsBrowse the episodes

**119** episodes

**28** investors heard as guests

**37 min** an average episode

41 in the last 12 months

## The regulars

Investors named as guests in the most episode titles on The Deal.

[DR *2* **David Rubenstein** The Carlyle Group](https://millionrounds.com/person/david-rubenstein)[MS *2* **Michael Strahan** 2 episodes](https://millionrounds.com/person/michael-strahan)[AF *1* **Adena Friedman** Nasdaq Ventures](https://millionrounds.com/person/adena-friedman)[BJ *1* **Billie Jean King** 1 episode](https://millionrounds.com/person/billie-jean-king)[BW *1* **Bobby Wagner** 1 episode](https://millionrounds.com/person/bobby-wagner)[CR *1* **Cal Ripken** 1 episode](https://millionrounds.com/person/cal-ripken)[CP *1* **Candace Parker** 1 episode](https://millionrounds.com/person/candace-parker)[CK *1* **Carsten Koerl** 1 episode](https://millionrounds.com/person/carsten-koerl)[GP *1* **George Pyne** Bruin Sports Capital](https://millionrounds.com/person/george-pyne)[JR *1* **Jasmine Robinson** Causeway Media Partners](https://millionrounds.com/person/jasmine-robinson)[JW *1* **Jay Williams** 1 episode](https://millionrounds.com/person/jay-williams)[JJ *1* **Jesse Jacobs** TCG](https://millionrounds.com/person/jesse-jacobs)

## Every episode 119 · page 1 of 4

- 119 **Henrik Lundqvist on His Second Act at MSG After Hockey** 22 Oct 2026 · 24 min About this episode Henrik Lundqvist isn’t just a member of the Hockey Hall of Fame and the International Ice Hockey Federation Hall of Fame, but he’s one of only 11 New York Rangers to have had his jersey retired. In this episode of The Deal, the Olympic and World Championship gold medalist tells Alex Rodriguez and Jason… ▶Show page
- 118 **How K. Don Cornwell’s Private Equity Firm Is Changing the NFL** 15 Oct 2026 · 24 min [Jonathan Nelson](https://millionrounds.com/person/jonathan-nelson) About this episode When K. Don Cornwell co-founded Dynasty Equity with Jonathan Nelson in 2022, investing in sports was seen as more of a vanity play than real business move. In this episode of The Deal, Cornwell tells Alex Rodriguez and Jason Kelly how he knew his thesis was strong, why he decided to invest in the Seattle Seahawks and… ▶Show page
- 117 **Olympian Gabby Thomas On Building a New Track League** 8 Oct 2026 · 33 min [Alexis Ohanian](https://millionrounds.com/fund/alexis-ohanian) About this episode The world of track and field is quite unstructured, with each race coordinated by a different entity and paychecks few and far between. A new track and field league called Athlos is trying to change that. In this episode of The Deal, three-time Olympic gold medalist Gabby Thomas tells Alex Rodriguez and Jason Kelly… ▶Show page
- 116 **Atlanta Braves Investor on Selling the Team** 1 Oct 2026 · 30 min [Los Angeles](https://millionrounds.com/person/los-angeles-platinum-equity) About this episode The Atlanta Braves are one of only a few publicly traded sports teams, which makes the argument for its sale a unique one in a year when two other MLB teams – the San Diego Padres and the Los Angeles Angels – were sold at record valuations. One investor says the time for a conversation about selling is… ▶Show page
- 115 **How AI is Changing the Fan Experience, with Jump’s Jordy Leiser** 24 Sept 2026 · 35 min [Jordy Leiser](https://millionrounds.com/person/jordy-leiser)[Marc Lore](https://millionrounds.com/person/marc-lore) About this episode There are a lot of concerns surrounding artificial intelligence’s creep into all aspects of day-to-day life, but Jordy Leiser also sees a lot of opportunity for AI to help sports fans. That’s why he co-founded the AI-powered fan experience and ticketing platform Jump alongside Marc Lore and Alex Rodriguez.… ▶Show page
- 114 **Kerri Walsh Jennings on Growing the Game of Volleyball** 17 Sept 2026 · 30 min About this episode Volleyball is the world’s most popular female sport and it’s the top team sport for high school girls in the U.S., but the professional opportunities have not reflected that popularity. Until now, with the recent launch of two professional volleyball leagues: Major League Volleyball (MLV) and League One… ▶Show page
- 113 **How Jenny Nguyen is Growing Women’s Sports from a Bar** 10 Sept 2026 · 35 min [Alexis Ohanian](https://millionrounds.com/fund/alexis-ohanian) About this episode Sports bars are a $2 billion industry, and women’s sports overall are now a $3 billion global industry. But there was a major gap in the market where the two intersected: Until 2022, there weren’t any dedicated sports bars solely dedicated to playing women’s sports on the TVs. Jenny Nguyen set out to… ▶Show page
- 112 **Re-Run: Serena Williams Wants to Conquer Wall Street** 3 Sept 2026 · 48 min [Serena](https://millionrounds.com/fund/serena)[Serena Williams](https://millionrounds.com/fund/serena-williams)[Serena Ventures](https://millionrounds.com/fund/serena-ventures) About this episode As the U.S. Open gets underway in New York City, the tennis world is abuzz to see the Williams sisters back on the court. Serena Williams’ return to the Open’s doubles tournament got us thinking back to an earlier episode of The Deal, recorded shortly after her retirement from the sport when she had moved… ▶Show page
- 111 **Ryan Howard on Sports Investing and MLB’s Labor Fight** 27 Aug 2026 · 34 min About this episode Ryan Howard spent more than a decade as one of baseball’s most feared hitters. Since retiring, he’s built an interesting second act as an entrepreneur and investor, with bets spanning everything from the “Topgolf of baseball” to youth sports and professional soccer. In this episode of The… ▶Show page
- 110 **Why Everyone's Watching Vanderbilt** 20 Aug 2026 · 33 min [Vanderbilt University](https://millionrounds.com/fund/vanderbilt-university) About this episode Vanderbilt is having a moment. The university has transformed from a respected southern institution into one of the country’s most selective and sought after schools. Athletics has become an increasingly important part of that rise. At the center of it is Vanderbilt University’s Vice Chancellor for… ▶Show page
- 109 **Re-Run: Why Wall Street Giant David Rubenstein Bought the Baltimore Orioles** 13 Aug 2026 · 49 min [David Rubenstein](https://millionrounds.com/person/david-rubenstein)[The Carlyle Group](https://millionrounds.com/fund/the-carlyle-group) About this episode Alex Rodriguez and Jason Kelly recently had the opportunity to sit down again with David Rubenstein, co-founder of The Carlyle Group, to chat about his new book, “Inside the Owner's Box: Conversations on Power and Leadership in Sports.” That conversation got us thinking back to an earlier episode of The… ▶Show page
- 108 **Alex Rodriguez on MLB’s CBA Negotiations** 6 Aug 2026 · 20 min [Los Angeles](https://millionrounds.com/person/los-angeles-platinum-equity) About this episode With the trade deadline in the rearview mirror, the Major League Baseball season is officially entering its final innings. So in this episode of The Deal, Alex Rodriguez and Jason Kelly break down some of the latest headlines, including what is happening with the negotiations over a collective bargaining agreement… ▶Show page
- 107 **Andy Campion’s Unrivaled Approach to Youth Sports** 30 Jul 2026 · 24 min [Chernin Group](https://millionrounds.com/fund/chernin-group)[The Chernin Group](https://millionrounds.com/fund/the-chernin-group-tcg) About this episode Investors have poured money into youth sports in recent years, with some reports saying the industry is worth as much as $40 billion. It’s no surprise, then, that renowned investors David Blitzer and Josh Harris partnered with The Chernin Group in 2024 to start Unrivaled Sports, a growing portfolio of youth… ▶Show page
- 106 **World Cup 2026 Recap** 23 Jul 2026 · 50 min About this episode The 2026 World Cup is done and the numbers are astounding. FIFA reportedly expects to bring in $15 billion in revenue, blowing past their original projection of $12 billion. This number isn’t surprising considering that almost 7 million people attended the tournament’s 104 games and 60 million people in… ▶Show page
- 105 **Hoyt McGarity on the State of Golf** 16 Jul 2026 · 31 min [Justin Timberlake](https://millionrounds.com/fund/justin-timberlake) About this episode 8AM Golf is a holding company whose portfolio includes 15 companies that touch nearly every aspect of golf. Started in 2018 by Howard Milstein, 8AM’s umbrella includes Golf Magazine, Miura Golf and a newly constructed course in Nashville built in partnership with Justin Timberlake. So, there is no one better to… ▶Show page
- 104 **The PWHL is Just Getting Started With Hilary Knight** 9 Jul 2026 · 31 min [Billie Jean King](https://millionrounds.com/person/billie-jean-king) About this episode If you know nothing else about women’s hockey, you probably know Hilary Knight. The 5-time Olympic medalist has played the most games in U.S. Women’s Hockey history. She has also served as the captain of two PWHL teams and is one of the reasons the league exists in the first place. In 2019, Hilary was… ▶Show page
- 103 **Portland is the Epicenter of Women’s Sports with Lisa Bhathal Merage** 2 Jul 2026 · 33 min About this episode Lisa Bhathal Merage is very busy cementing Portland’s reputation as the global epicenter of women’s sports. In partnership with her brother Alex and their RAJ Sports venture, Lisa is the owner and governor of the NWSL’s Portland Thorns and the WNBA’s Portland Fire. They came to own both teams… ▶Show page
- 102 **Is There a Future for LIV Golf?** 23 Jun 2026 · 32 min [Saudi Arabia](https://millionrounds.com/person/saudi-arabia) About this episode LIV Golf is known for doing it big: big player contracts, big worldwide events and big prize purses (an average of $460 million annually). It has also received big funding from one particular source. As of February 2026, Saudi Arabia’s Public Investment Fund (PIF) has pumped $5.3 billion into LIV. But this past… ▶Show page
- 101 **Alex and Jason’s Kids Join Us For a Father’s Day Special!** 18 Jun 2026 · 42 min [Josh Hart](https://millionrounds.com/person/josh-hart) About this episode Here on The Deal we have interviewed some of the world’s most famous athletes and some of the most powerful people in sports. But today we welcome our most important guests and probably our hosts’ biggest critics: their children. In this special Father’s Day episode of The Deal, Alex and… ▶Show page
- 100 **The Knicks Won Big. New York's Economy Won Bigger.** 16 Jun 2026 · 33 min About this episode Not only have the Knicks brought New York City its first NBA title in 53 years, the team also brought their hometown a lot of money. An estimate by the New York City Economic Development Corporation puts the economic impact of the Knicks’ postseason run at $380 million. In this special NBA Finals episode of The… ▶Show page
- 99 **The "Americanization" of the World Cup, Plus Alex on the MLB CBA** 11 Jun 2026 · 36 min About this episode It’s the first day of the 2026 World Cup! Ticket prices, transportation, security, visas, Attorneys General investigations and water bottles are just a few of the issues threatening to distract from the play on the pitch. Now that it's time for the football to actually be played, we will finally get some answers… ▶Show page
- 98 **FIFA’s Jill Ellis Says the World Cup Will be “Magical”** 4 Jun 2026 · 23 min About this episode Jill Ellis has seen soccer from every angle: as an elite player, as the two-time World Cup champion coach of the U.S. Women’s National Team and as an NWSL team president. She is bringing this expertise to FIFA as the organization’s first Chief Football Officer. As one of the chief architects of the global… ▶Show page
- 97 **Tracy McGrady Always Wanted to Be an Owner** 28 May 2026 · 25 min [Tracy McGrady](https://millionrounds.com/person/tracy-mcgrady) About this episode Hall of Famer Tracy McGrady is considered one of the best shooting guards to ever play the game of basketball. His post-playing career is one of a multifaceted businessperson. T-Mac is one of the lead studio analysts on NBC’s nostalgic return to NBA coverage. And in December 2024, Tracy and his cousin Vince… ▶Show page
- 96 **Jess Pegula on the Business of Tennis** 21 May 2026 · 24 min About this episode Jess Pegula has spent her life around elite sports — both as one of the best tennis players in the world and as part of the family behind the Buffalo Bills and Buffalo Sabres. Beyond competing at the highest level, she’s become an influential voice in the future of professional tennis through her role as a… ▶Show page
- 95 **Alan Waxman is a Sports Superinvestor** 14 May 2026 · 25 min [Sixth Street](https://millionrounds.com/fund/sixth-street)[Robert Kraft](https://millionrounds.com/person/robert-kraft) About this episode Alan Waxman’s Sixth Street Partners has a deep conviction in sports. Over the past five years, Alan and his firm have taken a minority stake in teams in most major professional leagues, including: the Boston Celtics, the San Antonio Spurs, the San Francisco Giants and FC Barcelona. In 2024, Sixth Street became… ▶Show page
- 94 **AJ Andrews on What's Next for Baseball and Softball** 7 May 2026 · 25 min [Jessica Mendoza](https://millionrounds.com/person/jessica-mendoza) About this episode Baseball and softball are both having a moment. The 2025 Women’s College World Series was the most watched ever, with 2.4 million people tuning in to game 3. On the baseball side, almost 11 million people watched Venezuela beat the U.S. to take the 2026 World Baseball Classic title. The audience for both sports… ▶Show page
- 93 **How NFL Legend Steve Young Built a $10 Billion Fund** 30 Apr 2026 · 23 min [Rich Lawson](https://millionrounds.com/person/rich-lawson)[Roger Staubach](https://millionrounds.com/person/roger-staubach) About this episode Steve Young has created a playbook for so many athletes looking to make their way in business and spends a lot of his time paying it forward. HGGC, the private equity firm he started in 2007 with Rich Lawson, currently has an AUM above $10 billion. He also happens to be one of the best quarterbacks to ever play the… ▶Show page
- 92 **The WNBA's Expansion into Cleveland is Powered by Private Equity** 23 Apr 2026 · 32 min [Kara Nortman](https://millionrounds.com/person/kara-nortman) About this episode Kara Nortman bets big on women’s sports, and it’s paying off. She is the co-owner of Angel City FC, an NWSL team with a $335 million valuation. She is also the managing partner of Monarch Collective, the first investment platform exclusively dedicated to women’s sports. Monarch is now investing a… ▶Show page
- 91 **How Kenny Beecham Became the New Face of NBA Media** 16 Apr 2026 · 34 min About this episode NBA fans, you’re about to see a whole lot more of Kenny Beecham. The founder of basketball media brand Enjoy Basketball first broke through in 2011 streaming NBA 2k games on Twitch. Since then, he has built a YouTube channel with over 700,000 followers, hosted altcasts on NBA TV and ESPN and interviewed Adam… ▶Show page
- 90 **Elle Duncan Says It’s Too Early to Write Off Netflix Sports** 9 Apr 2026 · 38 min About this episode Elle Duncan has heard your criticism of Netflix’s MLB Opening Day Coverage. And as the streamer’s first sports anchor, she has something to say about it. In this episode of The Deal, Elle explains to Alex and Jason that there is a difference between constructive criticism and saying something is… ▶Show page

## Who the show talks about

Firms named in its episodes, and people named in descriptions: talked about, rather than on the show.

[L **Los Angeles** *6*](https://millionrounds.com/person/los-angeles-platinum-equity)[M **Michael Jordan** *5*](https://millionrounds.com/fund/michael-jordan)[G **George Steinbrenner** *3*](https://millionrounds.com/person/george-steinbrenner)[**Serena** *3*](https://millionrounds.com/fund/serena)[S **Serena Williams** *3*](https://millionrounds.com/fund/serena-williams)[T **Ted Leonsis** *3*](https://millionrounds.com/fund/ted-leonsis)[A **Alexis Ohanian** *2*](https://millionrounds.com/fund/alexis-ohanian)[C **Chernin Group** *2*](https://millionrounds.com/fund/chernin-group)[L **LeBron James** *2*](https://millionrounds.com/fund/lebron-james)[R **Robert Kraft** *2*](https://millionrounds.com/person/robert-kraft)[**Serena Ventures** *2*](https://millionrounds.com/fund/serena-ventures)[S **Snoop Dogg** *2*](https://millionrounds.com/fund/snoop-dogg)

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