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RedBird's Gerry Cardinale Warns There Is An Asset Bubble In Sports Happening

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May 29, 2025

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Chapters

YouTube Description

as posted by the channel

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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Guests & Subjects Covered

The CNBC SportCNBC's Alex ShermanGerry Cardinale RedBird Capital'sLas VegasLeBron James WatchCNBC SportChapters Introduction InvestingUFL SpringHill

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