Gabelli Sports Business Initiative

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Focused on the Future of Sports

Sports business is evolving at an unprecedented pace. From the popularity of new recreational sports to advanced use of biometric data to aid in athletic success, the world of sports is becoming more complex and more controversial. As a result, sports business models, legal standards, and ethical questions are becoming more complex and fascinating. Players are asserting their rights, owners are profiting through new revenue streams such as gambling and streaming, and sports fans are coping with the intersection of sports and politics. Additionally, mental health concerns, sexual abuse, and gender identity of athletes have produced debate on all levels of the sports hierarchy.

The Gabelli School Sports Business Initiative is at the cutting edge of everything that is happening in sports business. It examines and analyzes current issues involving sports and provides a forum that brings together stakeholders across professional sports, amateur sports, collegiate sports and Olympic sports, for critical discussions on what matters most.

From sports podcasts to symposia to lectures, the content we produce and deliver provides the insights and thought leadership that will drive the future of sports.


Professor Mark Conrad

Mark Conrad

The Gabelli School Sports Initiative was founded and is directed by Professor Mark Conrad, JD, who teaches in the Gabelli School’s Law and Ethics Area, and who also directs the Sports Business concentration for Gabelli School undergraduates. He has taught sports law and business classes at Fordham University for over 25 years. Professor Conrad has served as a panelist discussing sports law and business topics at other institutions, including Harvard University, Duke University, The University of Pennsylvania, and Fordham Law School, and is frequently quoted in major media outlets. He has lectured at Columbia University and Northwestern University in Doha, Qatar.

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NEW – Sports Business Podcast with Prof. C

Professor Mark Conrad interviews sports experts, authors, and athletes on the topics that are changing the industry. He also comments on the key issues of the day. His law background provides a ground-breaking approach to enlightened exchanges with guests who join him in tackling tough topics. Tune in to these stimulating discussions to gain diverse perspectives, learn about interesting trends, and delve into the depths of the controversies that often make headlines.

Season Two

Did Chinese Swimmers Get a Break from Doping Enforcement?

It was recently revealed that nearly half of China’s swimming team tested positive for a banned substance just months before the Tokyo Olympics in 2021, but the athletes were still allowed to compete. Apparently, China's Anti-Doping Agency concluded that the swimmers ingested the performance-enhancing prescription heart drug known as TMZ, unwittingly and did not enforce sanctions.

Shockingly, the international agency known as the World Anti-doping Agency declined to challenge the decision, allowing the alleged offenders to compete and collect up to half a dozen medals for China. How can this be tolerated? Tune in to this edition of the Sports Business Podcast with Prof. C. to learn more.

  • 00;00;00;00 - 00;00;48;14
    Mark Conrad
    Hello and welcome to the Sports Business Podcast with Prof. C, the podcast that explores the world of professional, collegiate, amateur, and Olympic sports. I'm Mark Conrad or Prof. C from Fordham University's Gabelli School of Business, where I serve as Professor of Law and Ethics and the Director of the Sports Business Initiative. About 30 years ago, in an effort to combat the use of performance enhancing drugs in international sports, the World Anti-Doping Agency, or WADA, was created.

    00;00;48;16 - 00;01;26;17
    Mark Conrad
    It has standardized rules for what kinds of substances are prohibited from use in international and Olympic sports for the great majority of international sports organizations. Funded by the International Olympic Committee and various national governments, WADA is mainly known for its World Anti-Doping Code that lists the banned substances and is updated each year. WADA has domestic national affiliates and the testing is done in certified labs before and after competitions.

    00;01;26;19 - 00;01;56;07
    Mark Conrad
    The liability is strict - whether it was an accident or not, the fact that the substance is in the athlete is a determining factor. While athletes of every nation have been caught with banned substances, some governments have utilized ways to evade detection. A case in point is Russia during the Sochi Olympics, where a system of rampant cheating was detected and discovered well after the event.

    00;01;56;09 - 00;02;27;14
    Mark Conrad
    As the Paris Olympics is upon us, The New York Times and the German television network ARD reported a major breach by Chinese swimmers. And what is particularly troubling is the reaction or lack of reaction by WADA, the very agency in charge of preventing doping. Here is what we know: nearly half of China's swimming team, 23 in all, tested positive for a banned substance

    00;02;27;21 - 00;03;05;26
    Mark Conrad
    just months before the Tokyo Olympics in 2021, but the athletes were still allowed to compete. Apparently, China's anti-doping agency, known as CHINADA, concluded that the swimmers ingested the performance enhancing prescription heart drug trimetazidine, known as TMZ, unwittingly and did not enforce sanctions. This is the same substance that resulted in a four-year ban against Russian skater Kamila Valieva after a lab discovered it in her system.

    00;03;05;28 - 00;03;41;04
    Mark Conrad
    Shockingly, WADA declined to challenge the decision, allowing the alleged offenders to compete and collect up to half a dozen medals for China. Veteran U.S. swimmers and groups representing international athletes reacted critically. Michael Phelps, an icon of U.S. swimming, and others, accused WADA of sweeping the alleged Chinese positive test under the rug and demanded more transparency and castigated WADA for not even opening an investigation.

    00;03;41;06 - 00;04;20;25
    Mark Conrad
    As one commentator stated: “WADA is not independent. WADA has sports leaders who have a direct interest in their decisions sitting on its Board; for example, the current vice president from China is a former member of the Chinese National Olympic Committee and is on the IOC. It's the epitome of the fox guarding the henhouse.” A so-called independent inquiry concluded that WADA's decision to close any investigation of the Chinese Anti-Doping agency did not suggest that WADA showed favoritism to China.

    00;04;20;27 - 00;04;46;21
    Mark Conrad
    WADA’s head did not take to the public criticism kindly and released a statement claiming that most U.S. athletes are not part of the WADA system and therefore the U.S. Testing Agency undertests the number of U.S. athletes. He added that the IOC has expressed full confidence in WADA's actions, or should I say inactions. But that misses the point.

    00;04;46;23 - 00;05;18;04
    Mark Conrad
    True, U.S. professional athletes and NCAA athletes are not part of the WADA system, but that has nothing to do with the claim at hand - that Chinese swimmers got a free pass after testing positive. While there are arguments to be made that the U.S. professional league testing standards are too relaxed, that does not excuse this situation. One report even said that some of the swimmers did not know of their positive tests.

    00;05;18;06 - 00;05;52;09
    Mark Conrad
    If true, that's a violation of the rules. Also, Chinese authorities claimed that the substance was in the food the swimmers ate, but the German documentary reports that not all the swimmers were in the same hotel when the dinner took place. If that report is true, then the authorities are lying. Finally, there's an interesting legal component to all of this, and that is a unique U.S. law called the “Rochenkov Anti-Doping Act” which was passed in 2020.

    00;05;52;11 - 00;06;28;01
    Mark Conrad
    and it gives U.S. authorities the jurisdiction to prosecute individuals for doping schemes at international sports competitions involving American athletes. Admittedly, it is a law that gives broad jurisdiction to U.S. prosecutors, and it is no secret that international sports authorities are, to be sure, not fond of it. But the U.S. Justice Department is investigating. The situation is messy, but one thing is sure: Coming at the time of the present Olympic Games,

    00;06;28;03 - 00;06;58;16
    Mark Conrad
    this does not instill confidence on the viceroys of WADA. Any thoughts? Send them to me at [email protected]. Thank you for listening. Until next time, this is Prof. C for the Gabelli Sports Business Initiative.

The Copa America Mess in Miami

The final match in this important regional soccer tournament turned out to be an embarrassment for host country United States when some fans entered the stadium without tickets, causing delays, health concerns for fans waiting in the stifling heat and damage to the facility. Why did this happen? And what can be done before the U.S. hosts the bulk of the 2026 World Cup tournament? Tune in to this edition of the Sports Business Podcast with Prof. C. to learn more.

  • 00;00;00;00 - 00;00;47;09
    Mark Conrad
    Hello and welcome to the Sports Business Podcast with Prof. C, the podcast that explores the world of professional, collegiate, amateur and Olympic sports. I'm Mark Conrad or Prof. C from Fordham University's Gabelli School of Business, where I serve as Professor of Law and Ethics and the Director of the Sports Business Initiative. Given the logistics of fans entering and exiting a facility with finite numbers of seats and the potential for exuberant fans coming, security concerns are significant.

    00;00;47;12 - 00;01;18;22
    Mark Conrad
    And in our era of potential terrorist threats, it is not uncommon for patrons to wait to get to metal detectors and pocket searches. All this makes what happened at the final game of Copa America, the leading regional soccer tournament in the Western Hemisphere so distressing. A quick summary: The final match took place between Argentina and Colombia at Hard Rock Stadium near Miami.

    00;01;18;24 - 00;01;54;04
    Mark Conrad
    According to a number of reports, thousands of fans without tickets tried to enter the stadium and more than a few were successful. Some rushed through security and others entered through air vents to get in. After the breach, the entrance gates were closed, leading to large crowds and pushing and shoving in the almost unbearably hot weather. According to a report in The Athletic, with the sun beating down, fans pushed toward the closed gates, causing a crush.

    00;01;54;06 - 00;02;21;23
    Mark Conrad
    There were few visible barriers to disperse the people trying to get in, nor were there ways to ease the flow. When the gates opened slightly, the fans swelled forward and security closed the gates again, with several people stuck outside saying they had no idea what was going on. People fainted, and others, with tickets as high as $2,000 in the resale market, could not get in.

    00;02;21;25 - 00;02;50;16
    Mark Conrad
    Others did get in and found other patrons in their seats. Some fans fought police and security personnel, and others caused damage to the stadium. Despite a thrilling Argentina win in extra time, everyone else lost and a reckoning is needed and fast because this country will host the World Cup with far more teams, many more stadiums, and many more fans.

    00;02;50;18 - 00;03;26;23
    Mark Conrad
    Thus far, there seems to be a shifting of blame. CONMEBOL, the South American soccer federation hosting the event, blamed Miami-Dade County. Miami-Dade put the burden on CONMEBOL. One word about the broadcast on Fox Sports. This broadcaster has a history of sweeping critical issues under the rug in its soccer coverage. But Alexi Lalas took the grand prize in sheer chutzpah when the network addressed, but downplayed, these issues during the 80-minute game delay.

    00;03;26;26 - 00;03;57;26
    Mark Conrad
    He said, “Don't let anybody tell you that America is not a soccer nation. I think this shows there is a fervor and there's a passion for this game and for these tournaments.” Just moronic. A precursor to this happened a few days before in a semifinal game in Charlotte, North Carolina, where fans of Colombia and Ecuador began fighting and some family members of players were caught in the middle.

    00;03;57;28 - 00;04;28;10
    Mark Conrad
    Witnesses said it took at least 15 minutes for security to show up. With all this in mind, the organizers of the World Cup, along with the stadium operators and cities, will have to come up with a more comprehensive plan to address fan control in 2026. Increased safety protocols, practice drills, opening up facilities up to five hours before game time,

    00;04;28;13 - 00;05;06;05
    Mark Conrad
    better ticket collection, prescreening centers around the stadium, tighter security, and warnings in the media about the threats of arrests would be a start. Any thoughts? Send them to me at [email protected]. Thank you for listening. Until next time. This is prophecy for the Gabelli Sports Business Initiative.


For More Information

Please contact Professor Mark Conrad, Director, Sports Business Initiative: [email protected] or [email protected]