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RedBird's Gerry Cardinale Warns There Is An Asset Bubble In Sports Happening
Posted
May 29, 2025
Views
4,250
Likes
41
Comments
19
Engagement
1.41%
May 29, 2025
4,250
41
19
1.41%
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The CNBC Sport videocast brings you interviews with the biggest names in the business. In this week's episode, CNBC's Alex Sherman sits down with Gerry Cardinale, RedBird Capital's founder and managing partner.
They talk about the sky-high valuations and why Cardinale says some normalization needs to take place. They also discuss the current media landscape, RedBird's investment his future ambitions for a Las Vegas franchise with LeBron James.
Watch the full conversation above, and sign up to receive future editions of the CNBC Sport newsletter straight to your inbox
Chapters:
Reporter: Alex Sherman
Senior Field Producer: Jessica Golden
Senior Producer: Nick Robertson
Senior Managing Producer: Tala Hadavi
Edited by: Tim Hurt
Animation: Jason Reginato
Additional Footage: Getty Images
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RedBird's Gerry Cardinale Warns There Is An Asset Bubble In Sports Happening
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