Carolyn Tisch Blodgett Talks Player Salaries, Women's Sports
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What is the main topic discussed in this episode?
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Radio. News. All right. We're already talking. We're already going because we're excited about this. I almost feel like we should just jump in. Let's do that. Bloomberg News sports reporter Vanessa Perdomo is with us. She joins us along with Carolyn Tisch Blodgett. She is governor and lead owner of Gotham FC Football Club, the National Women's Soccer League, NWSL team. And she's founder and CEO of Next3Ventures. It's an investment firm in sports media and entertainment. Welcome, welcome, welcome. I was going to start it off because... Vanessa, you and the sports crew, they put out a great story about like trends to watch in 2026. And one of it is kind of labor battles in women's sports and talking about it getting messy, especially as you see escalating salaries and you see more stars leaving for Europe.
So I kind of, Carolyn, want to start that with you. I mean, are you concerned about kind of losing players to European teams as we've seen salaries escalate? And welcome.
And happy new year. And happy diving right in.
That's how we roll.
Happy new year. Let's dive right in. So I'm a firm believer that rising tides lifts all boats. We are, if you think about where women's sports was when we came in as new owners two years ago, They were not being talked about on Bloomberg. No one was investing in it. And when we came in, 99% of investments in sports went to men's teams. And so you're starting to see that shift. We came in in 2023. There have been several new owners that have come into the National Women's Soccer League that we're in. as well as the WNBA and others. So you're starting to see a real shift. And with that comes challenges and you start to see, you know, it wouldn't, I don't think our league would be as successful as we have been if there weren't other leagues that were competing for talent.
So this is good.
So yeah, I think competition is good. But are you afraid of losing? Some key players. Yes. I mean, obviously, there has been news of players leaving for Europe. I think you'll continue to see that. You'll also see players coming back. Lindsay Horan, Lindsay Heaps just signed with Denver. We've had players go play in Europe and then come back. Part of it, I think, you know, when you zoom in, I think it feels like, oh, my God, the sky is falling.
What insights does Carolyn Tisch Blodgett share about the growth of women's sports?
Everybody's leaving for Europe. If we pull back and say this is actually the word we're competing for global talent in a global game. This is kind of the natural evolution of this.
So let me ask the question a different way. And it's about a strategy for making sure those players don't leave. It's a strategy for keeping those players on your team. How do you do it without breaking the bank?
So that is something we talk about on a daily basis. Our general manager, Yael Averbush-West, has put together an incredible roster over the last year. So we've won two championships in the last three years. And when we think about why would a player want to come... A question we ask ourselves daily is why would a player who could play anywhere want to come play for Gotham? And... Part of that, I think what they have in Europe is obviously these brand legacies that it's hard to compete with.
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Chapters
5 chapters
1
What is the main topic discussed in this episode?
0:00–3:07
2
What insights does Carolyn Tisch Blodgett share about the growth of women's sports?
3:07–5:20
3
How are player salaries impacting women's sports leagues?
5:20–6:33
4
What challenges do women's sports face in retaining talent?
6:33–8:41
5
How is Gotham FC competing with European leagues for players?
8:41–9:46
Speakers
5 identifiedMore from Bloomberg Talks
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