Freakonomics Radio

640. Why Governments Are Betting Big on Sports

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Synopsis

The Gulf States and China are spending billions to build stadiums and buy up teams — but what are they really buying? And can an entrepreneur from Cincinnati make his own billions by bringing baseball to Dubai? SOURCES:Simon Chadwick, professor of afroeurasian sport at Emlyon Business School.Derek Fisher, high school basketball coach, former N.B.A. coach and player.Kash Shaikh, chairman, C.E.O., and co-founder of Baseball United.Rory Smith, football correspondent at The Observer. RESOURCES:"China Keeps Building Stadiums in Africa. But at What Cost?" by Elian Peltier (New York Times, 2024)."Manchester Off-Shored: A Public Interest Report on the Manchester Life Partnership Between Manchester City Council + The Abu Dhabi United Group," by Richard Goulding, Adam Leaver, and Jonathan Silver (Centripetal Cities, 2022)."Manchester City's Cozy Ties to Abu Dhabi: Sponsorship Money – Paid for by the State," by Rafael Buschmann, Nicola Naber, and Christoph Winterbach (Spiegel International, 2022)."China Renews Its ‘Belt