US Loses in World Cup Match Marred by Controversy; KC2026 CEO Pam Kramer

10 Jul 2026 · 38 min · 20 chapters

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In short

The episode of Bloomberg Business of Sports covers two World Cup-related topics: (1) the U.S. men’s team being eliminated from the FIFA World Cup in a match marred by controversy, including debate over a red-card decision being overturned and whether the U.S. would have won otherwise; it also discusses perceived rule-bending/special treatment in FIFA decisions and broader reactions to the U.S. exit. Notable examples mentioned include Belgium’s anger and locker-room “Trump dance,” Christian Pulisic’s twisted ankle, and comparisons to NFL-style post-season rule changes. (2) Kansas City’s role as a hub for FIFA World Cup 2026, plus the Esports World Cup in Paris.

Guests

Pam Kramer, CEO of the Kansas City Host Committee (World Cup 2026); Mike McCabe, Deputy CEO and COO of the Esports Foundation.

Key claims

Kansas City secured six matches (including Argentina and a quarterfinal) via location, ~$700M soccer infrastructure investment, and “base camp” experience; it built a World Cup regional transit system moving 200,000+ people. For esports, McCabe says Esports World Cup 2026 runs July 6 in Paris with $75M prize pool, moved from Riyadh due to travel advisories, and uses ambassadors like Cristiano Ronaldo to bridge mainstream recognition.

Written by AI. May contain mistakes. Listen to the episode to check what was said.

Chapters

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Exploring the Current Sports Landscape

0:46 to 2:09

Discussion on the significance of football and the growth of sports in America.

“So there's a lot of noise about AI, but time's too tight for more promises.”

World Cup Excitement and Upcoming Topics

2:09 to 2:39

Hosts introduce the main topics of the episode, focusing on the World Cup.

“Coming up today, we're going to be talking about, guys, come on, you know what we're going to be talking about now.”

US World Cup Exit and Controversies

2:39 to 4:04

Analyzing the US team's performance and the controversies surrounding their exit from the World Cup.

“But first, let's run through the biggest headlines in the world of sports right now.”

Player Performance and Expectations

4:04 to 6:27

Discussion about key players, their performances, and public expectations during the World Cup.

“Did you see the footage of the Belgian team in the locker room after the game and they're doing the Trump dance?”

The Terminology Debate: Soccer vs. Football

6:27 to 7:40

Debating the terms 'soccer' and 'football' in the context of American culture.

“I'm wondering now, and somebody asked this, in the excitement of the World Cup, because we're the only people in the U.S.”

FIFA's Influence and Referee Decisions

7:40 to 9:10

Examining FIFA's role in the World Cup and perceptions of referee decisions.

“Lionel Messi, is he getting special treatment?”

Baseball's Place Amidst the World Cup

9:10 to 12:35

Discussing the timing of the MLB All-Star game in relation to the World Cup and labor negotiations.

“I do think that FIFA is flawed in rule bending around the entire tournament, whether that be the U.S., whether that be Ronaldo, whether that be Argentina taking advantage of some of the rule bending.”

Tease for Kansas City Host Committee Interview

12:35 to 13:14

Preparing for the upcoming interview with the CEO of the Kansas City Host Committee.

“So that's something, obviously, with baseball that we're going to keep, you know, looking at over the next few months.”

Tease for Kansas City Host Committee Interview

14:26 to 14:59

Preparing for the upcoming interview with the CEO of the Kansas City Host Committee.

“AppleCard lets you earn daily cash back on every purchase, every day.”

Kansas City's Role in the World Cup

15:23 to 19:22

Explore Kansas City's significance as a host for the FIFA World Cup matches.

“The World Cup is sadly coming to a close.”
Show all 20 chapters

Impact of Argentina's Presence

19:24 to 23:03

Discuss the energy and excitement brought by Argentina's team and their fans.

“We cannot continue this conversation if we don't say they are the reigning world champions who have the greatest player of all time, Lionel Messi.”

Transportation Challenges and Solutions

23:03 to 24:18

Learn about the unique transportation strategies implemented for the World Cup.

“From your perspective, what is a problem that you all solved that maybe fans never noticed?”

Economic Impact and Business Opportunities

24:18 to 27:36

Discover how the World Cup is boosting local businesses and the economy.

“And we have a robust system here, but there was still a lot of talk about it.”

Economic Impact and Business Opportunities

28:00 to 28:46

Discover how the World Cup is boosting local businesses and the economy.

“If you're actively involved in your portfolio, you probably catch yourself repeating the same actions.”

World Cup Excitement and Esports

30:10 to 30:46

Discussion on the World Cup and the Esports World Cup's circumstances.

“But over in Paris, the Esports World Cup is also in the thick of major competition.”

Mike McCabe on Esports World Cup

30:46 to 33:19

Interview with Mike McCabe about the Esports World Cup and its relocation to Paris.

“Mike McCabe, welcome to the Bloomberg Business of Sports, the 2026 edition of the Esports World Cup.”

Role of Ambassadors in Esports

33:19 to 35:58

Discussion on Cristiano Ronaldo's role as an ambassador and the impact of esports.

“And I bring up the FIFA World Cup because Cristiano Ronaldo is an ambassador for the esports World Cup.”

Esports Future and Competitive Landscape

35:58 to 39:58

Exploration of the future of esports and the upcoming Esports Nations Cup.

“But we continue well after the final of the World Cup and we'll have many more competitions to come.”

Stability and Recognition in Esports

39:58 to 42:01

Insights on achieving stability in esports and recognition for players.

“and people are tuning in to watch football maybe once every four years and that's the moment that they do that.”

Wrap-Up and Key Takeaways

42:01 to 42:20

The hosts summarize the episode and invite listeners for future updates.

“And I think that's just going to continue.”
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Transcript

Automatic transcript. May contain errors.

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0:41Coverage not available everywhere. Visit store or boostmobile.com for details. So there's a lot of noise about AI, but time's too tight for more promises. So let's talk about results. At IBM, we work with our employees to integrate technology right into the systems they need. Now, a global workforce of 300 ,000 can use AI to fill their HR questions, resolving 94 % of common questions. Not noise. Proof of how we can help companies get smarter by putting AI where it actually pays off, deep in the work that moves the business. Let's create smarter business. IBM. Bloomberg Audio Studios. Podcasts.

1:22Radio. News. This is the Business of Sports. Our aim is always to leverage the global appeal of football. Having representation in college sports is even more important than pro. 10 % of Americans now claim soccer to be their favorite sport. We estimate the youth sports audience has$3 trillion in spending power. The nature of baseball is it is worldwide and it is global. I'm very happy for the WNBA and how the NBA has embraced them. Sportsbooks are not going anywhere, and sports betting is only growing. We have a super team running this league, and this league is here, and it's here to stay. Bloomberg Business of Sports, from Bloomberg Radio.

2:03This is the Bloomberg Business of Sports, where we explore the big money issues in the world of sports. I'm Michael Barr. I'm Vanessa Perdomo-Maglione. And I'm Miranda Williams. Coming up today, we're going to be talking about, guys, come on, you know what we're going to be talking about now. We're talking about the World Cup. Michael, the World Cup's almost over, and I really can't handle it. We're chatting with the CEO of the Kansas City Host Committee and how they became the hub of soccer in the U.S. You can literally hear the depression and finesses of what's settling in. Then later, we are going to be talking about a different World Cup, the Esports World Cup, that is taking place in Paris over the next few weeks.

2:38All that is coming up. But first, let's run through the biggest headlines in the world of sports right now. The U.S. is out of the World Cup. and I am one flaring my nostrils for many reasons I know you're like you already had a big nose Mike it's like what's happening but I mean you know some are saying hey they had a good run some are people saying that? well some yeah I know there's a lot of anger actually yeah but that's my point is like you know everything from the red card controversy I'm not sure how to take it okay Randall what do you think because I genuinely think they would have won the game if the red card wasn't overturned.

3:20That is quite the theory. Belgium came out so angry. So angry. Like, they were mad. I think that it was the highest point in energy that I've experienced in the U.S. around soccer, but it just fell off a cliff. Like, the performance is really why I think people are angry. If they were going to lose 3-2, 1-0, 2-1, fine. so long as it was competitive because Belgium is a legitimate team. But to go out 4-1, to make the errors that they made, and then to watch the energy, as you said, around Belgium's team, they were like, all right, President Trump's going to get involved and ask FIFA to review something that was unreviewable.

4:02Okay, we're going to handle it on the field. And they did. Did you see the footage of the Belgian team in the locker room after the game and they're doing the Trump dance? Yeah, I did. Yeah. It doesn't surprise me. I think I mean, I I'm actually in some ways it's justified. I can't get upset at that because of the fact that I don't think that President Trump should have meddled in this. Just let if the rules are the rules, if the rule is bad, fine, handle it after the tournament. And it does need to be handled, but not in the midst of it. That's a problem. Right. And that's something that we wouldn't have seen in a lot of other leagues.

4:37I mean, we've seen this happen in the NFL countless times. Right. In the playoffs, something happens where everyone is up in arms about it and they review it after the season and they make a rule change. Exactly. I said this on TV the other day. President Trump has said, I do not like the kickoff. At no point in time has Roger Goodell or any NFL executive jumped in front of a microphone and be like, you know what? We are changing the kickoff because the president doesn't like it. And that's that's a flaw. And I think that FIFA is lucky that the U.S. did not win. Of course, it would have been incredible to see a run to a point that the U.S.

5:13men's national team has never made it to, but not like that. I don't think that would have been good. I agree. I was immediately when I saw the news, I immediately felt like it was going to be a bad omen. I was like, this is not a good thing. I don't think he should have started Flo Baligan. I don't think he should have started. I think they should have maybe, you know, had him come off the bench at least, especially given, you know, Pepe, the person who was in all week in training, just give him a little bit of, you know, grace in that moment, I think. And I just, and then also let's talk about Christian Pulisic and let's talk about the fact that he came off with a twisted ankle.

5:51I mean, what is that? Everyone's furious with Christian Pulisic. And I think that I heard his name eight years ago around the 2018 World Cup and they said he was a phenom. And I have yet to see that. Like, and I think that when we talk about the World Cup, when we talk about national sports such as the Olympics and things like that, you wait for these legendary performances. And I haven't seen that. He doesn't do a lot of interviews. The energy isn't there. And outside of him playing for AC Milan, I'm like, oh, he plays in an international league. He must be pretty good. But every single time he's on the national stage, I'm waiting for that magic.

6:26And it just hasn't appeared. I'm wondering now, and somebody asked this, in the excitement of the World Cup, because we're the only people in the U.S. that call it soccer. Everywhere else, it's football. And I'm wondering now, all this excitement that it has generated, do we in the United States have to retrain our mind to say football? No, that's way too confusing. I don't think that we'll ever, because when we're talking about the NFL, we're never going to say American football. I think that's the difference between us and, you know, other countries. And when they play the NFL and other games and other countries like that, they're calling it American football.

7:07So I just I think we're too far gone in that regard between changing the name of soccer. I'd say the sport of football globally, and I'm referring to soccer, is king. but the business of the NFL is the emperor. That's the best way that I could put it. The Premier League is tremendous. La Liga is tremendous. Bundesliga are tremendous. Their businesses are not the NFL's business. And so with that in mind, until someone knocks down the NFL's business or until someone surpasses them, the NFL is the NFL. Right. By the way, I got to ask this. Lionel Messi, is he getting special treatment? I don't think so.

7:49I think that there are flawed rules. Oh, man, I wish we had a camera to see Vanessa's face. I'm sorry, go ahead. I think that there are flawed rules that FIFA has. And I think that champions sometimes just get calls. Like, I think that's across all sports. And I think Argentina's benefited from that. But this isn't unlike when the Patriots run happened years ago or where the Chiefs run happened years ago. and there's a bunch of complaints about referee calls. And I think this is just Argentina's time not to win. But when you're on a championship run, things go your way. I think that's an interesting take.

8:27I do think it's hard to feel that they haven't been given special treatment, especially when we're seeing other instances of special treatment, not just for Argentina. We're seeing the special treatment that the U.S. got. We're seeing the special treatment that Ronaldo got before the World Cup started. So I think to negate the whole idea that FIFA is not against bending the rules, quote unquote, or at least, you know, not mind that they're perceived that way, that I think it's possible that Argentina has been given special favor. But I do, I could agree with that, that, you know, sometimes the champions just, that's how it works for them.

9:09Let me clarify. I do think that FIFA is flawed in rule bending around the entire tournament, whether that be the U.S., whether that be Ronaldo, whether that be Argentina taking advantage of some of the rule bending. But I don't think that I don't think that Argentina, that FIFA is like, oh, it's better for them to be in this. So let's change a couple of things. I don't I think that they did that for the U.S. And I think they did that for Portugal and Ronaldo. In my humble opinion, I haven't seen that. I think there's been questionable calls on the field, but ultimately there's questionable calls in every single sport.

9:43And I can live with that. We have to shift to baseball because the All-Star game is coming up soon. Let me put it that way. Do you feel any of the excitement for baseball right in the middle of the World Cup? I think that's the hard thing with the MLB All-Star game that is about to happen and take place, that it would be an exciting time. And I think they timed it well in the way that it's in Philadelphia for the 250th anniversary of the U.S. I think they did everything they could. And baseball is on a high and they have been on a high, especially after the World Baseball Classic. And I think people are paying attention a lot more.

10:26But unfortunately, I think everything else that's falling within the window of the World Cup is just taking a backseat. And I'd also say that the only thing that I can think about in terms of baseball until the World Series is the upcoming labor battle. Like all of these things, of course, are like you think about last summer and the WNBA All-Star, the WNBA Players Association and the players themselves were these pay us what you owe us shirts. And that became the moment for WNBA All-Star Weekend, and it continued to carry on for many months to come. And I don't think that we'll see something like that from the MLB.

11:00But all that's in the back of my mind is like, OK, yeah, they're riding this high. But are they going to address the elephant in the room? Is anyone going to talk about it, whether it be Rob Manfred, whether that be the players themselves? They've been exchanging proposals back and forth. And I would like to see some progress that being resolved at some point. It's not going to happen this week. It's not going to happen at MLB All-Star Weekend. But that's what's in my mind as the event approaches. You hit the nail on the head. I know we've got to wrap this up. But, man, a work stoppage in MLB.

11:39I was there when this happened in the mid-'90s. And it was a disaster trying to get the game to come back. We had to lean on Mark McGuire and Sammy Sosa to have the home runs come back. Please do not. Whatever you do, MLB, work this out because a work stoppage will be a disaster. You're sending your thoughts and prayers to all parties involved. And what I'd say to that is both of them seem to be on opposite sides. And they're like, listen, this is where I'm at. This is where I'm at. And I'm not coming over to your side until you give me something. And the players are like, we're not accepting a salary cap and the owners are proposing one.

12:19And I just don't see a solve without one. I don't see one either. I don't see it. I think that their MLB is famously stubborn in these discussions and these negotiations. So I don't really see it happening. And I do think it's going to be detrimental to baseball. And it's so interesting that these, you know, CBAs continuously come up for leagues when they're riding their highest. Yeah, absolutely. So that's something, obviously, with baseball that we're going to keep, you know, looking at over the next few months. But back to the World Cup, because I won't stop shredding up about it until it's over.

12:52Coming up, we're speaking with the CEO of the Kansas City Host Committee about how they handled being the hub of soccer in the U.S. That is straight ahead on the Bloomberg Business of Sports for Vanessa Perdomo-Magleon and Randall Williams. I'm Michael Barr. You're listening to the Bloomberg Business of Sports from Bloomberg Radio around the world.

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14:59Subscribe to Bloomberg Daybreak for a precise, thoughtful take on the stories that matter. Listen to Bloomberg Daybreak each morning on Apple, Spotify, or anywhere you listen. This is Bloomberg Business of Sports from Bloomberg Radio. This is the Bloomberg Business of Sports, where we explore the big money issues in the world of sports. I'm Michael Barr. I'm Vanessa Perdomo-Maglione. And I'm Miranda Williams. The World Cup is sadly coming to a close. Only in about a week left until the final at MetLife Stadium. However, before New York becomes the sports capital of the world again, Kansas City has been a hotbed during this World Cup.

15:38That's right, Michael. Kansas City was the home of not one, not two, but four base camps for teams during this World Cup, including Messi's Argentina, who also played a group stage match there as well as their quarterfinal. In order to get down to why Kansas City was so attractive to teams and tourists, we are joined now by CEO of Kansas City FIFA World Cup 2026, Pam Kramer. Pam, welcome to the Bloomberg Business of Sports. It's dang, Pam, y 'all are like hosting Kansas City like six FIFA World Cup matches. Just hog the whole thing, which I'm so happy for you guys. How did you guys manage to achieve that to get that many matches?

16:18Well, first of all, thanks for having me. And, you know, I think we've been saying for a long time that there's a pretty big surprise and delight factor about Kansas City that when people get here, they love it. And we knew that if we could get people here, they would see what we already know. So getting those six matches, especially a quarterfinal and some of those amazing pot one teams like Argentina and the Netherlands and having Colombia play here, pretty extraordinary. We are thrilled with the effort and thrilled with the outcome. Pam, talking about getting people there and then falling in love with it, we obviously have to mention the four, you know, home base camps that were set up in the area.

17:01And from people I've talked to before, you know, especially with England, particularly, like they really wanted to be there. And they were like, no, we have to be here. What was it that, you know, people came and they fell in love with, do you think? Yeah, I think there are three things. First, our location is pretty attractive, not just to those teams, but to visitors as well, because we are central to the tournament to North America. The teams can easily get to wherever they're playing their matches in a short flight. So that was definitely something working in our favor. And then our facilities, I mean, close to$700 million has been invested in soccer-specific infrastructure in Kansas City over the last 20 years.

17:43None of that was specific for the World Cup. Those facilities existed and are really best in class from Sporting Kansas City to the Kansas City Current to the University of Kansas. So that was a huge factor. And then I think really the intangible, the experience part of it. We were very focused as a team on making sure that the teams could see themselves in Kansas City, could understand how we would support their effort to win, to keep going in the tournament. And obviously, our teams have done pretty well. So I think all of those things combined really made us what we like to think of as the base camp capital of the world.

18:26Yeah, for sure. The thing that's interesting there, too, is you had mentioned it with Sporting Kansas City, you know, the current and and university. You were ready for three. Were you ready for four? You know, did you ever expect that to happen? Well, I mean, if I'm being honest, we were hopeful we would get to. And so immediately following the final draw, you know, we knew that England was interested. We knew that the Netherlands had been to visit, that Algeria had been to visit. Argentina had not been to visit Kansas City. And when they immediately following the final draw said they were coming to visit, we all sort of sat up in our chairs and said, oh, this could change things.

19:10And so as things progressed, it was quite the pleasant, and I will say, you know, surprise to have, again, four teams and three of those being pot one, you know, top ranked teams in the world. Pretty extraordinary. And so you mentioned Argentina. We cannot continue this conversation if we don't say they are the reigning world champions who have the greatest player of all time, Lionel Messi. What has the energy been like around Kansas City having the world champions and all of the Argentinians that they have brought to the city? I mean, it is amazing. And one of the things we had hoped for was to really showcase to a global audience the vitality of our economy, our culture, the welcoming character of our people.

19:54and with the most famous player in the world training here and playing here, that certainly gave us a platform to do that. I think we've also seen the passion and the joy of the, not just the Argentina fans, but I would say the global soccer fan meeting the heart of Kansas City. And it has created some moments that we couldn't have scripted or dreamed of. It's been pretty special. We're talking with Pam Kramer, CEO, Kansas City, FIFA World Cup 26. Now, this question is about the old school Kansas City fans. You know, those are the guys and women are like, don't tell me about the Chiefs. Don't tell me about the Royals.

20:36Now you have this World Cup event that's there. How do you think the younger people? Yes, they are like, yay, buddy. But how about some older fans? Have you seen any of them in the stands? I have seen so many of them in the stands and at our FIFA Fan Festival. And in fact, on the 4th of July, our fan festival is at the site of the National World War I Museum and Memorial. And they hosted their annual Stars and Stripes event. And a gentleman, a veteran, he had his hat on designating the naval carrier he had served on, came up to me and he said, look, I got to, he said, do I know you? Are you a spokesperson for something?

21:19And I said, well, I'm involved with this World Cup thing. And he said, I have to tell you before this, I was pretty skeptical. And he said, now it just seems like we've all been able to put aside our differences and cheer for the teams. And I thought that was so insightful because it is, it's what has happened, right? The country, Kansas City, the world has come together around sport. Pam, you know, Kansas City has really started become this big soccer town, especially with the investment that the Kansas City current owners, Angie and Chris Long, have put into the first women's stadium ever made and all of that.

22:00So do you think that that's what really solidified, you know, Kansas City as a soccer market? How did it change into this, do you think? Yeah, I think it goes back to Lamar Hunt, you know, who really still the Hunt family owns the Kansas City Chiefs. Lamar was a founder of Major League Soccer and was insistent on Kansas City having a team and intentionally chose the next owners of what were then the Kansas City Wizards, now Sporting Kansas City. Cliff Illig and Neil Patterson and their ownership group built a soccer specific stadium. They invested in Compass Minerals National Performance Center.

22:38They really taught Kansas City how to be soccer fans and created a soccer culture. We have the largest youth soccer league in the country. And then certainly the Longs and their investment in the Kansas City Current are the latest chapter in that. So I think it's been building for quite some time. And the World Cup is the platform for us to share that story. And so I wonder, in talking to a bunch of different host committees, they've all experienced different challenges. From your perspective, what is a problem that you all solved that maybe fans never noticed? Well, you know, I think they noticed.

23:18But, you know, I think for us, transportation was a little different than it was in other cities. We were starting from a very different place. We don't have regular game day transportation, public transportation to chiefs or royals. And we went above and beyond that. We actually stood up a regional transit system for the World Cup. And to date, we've moved more than 200 ,000 people on that system. So pretty extraordinary when you think about it was from scratch. I think that has been very surprising to a lot of people that we were able to do that and able to do it successfully. And then I think just the regional unity that we have here.

23:57We do have part of our footprint in both Kansas and Missouri. So having Kansas and Missouri on board from a public standpoint, the city of Kansas City, Missouri, private enterprise with our local host city supporters, it's a pretty unified effort. And I think people may not realize how important that was to our success. Yes. Pam, I love that you brought up the transportation angle there, because obviously we're in New York, New Jersey area right now where there was a lot of talk about that. And we have a robust system here, but there was still a lot of talk about it. But Kansas City was chosen without that.

24:34Like you were saying, how did you still instill to FIFA that you were going to be able to do this without that? And how did you really make that work, you know, for this World Cup and decide that it was worth the investment for this World Cup for you guys? Yeah. So, you know, FIFA has the requirements of getting people to the matches and getting people from the airport to downtown. We've been working for more than two years with 20 local and regional partners on a system that would have some sustained and long term impact. So really creating a blueprint for how regional transit could work. And then very, very early demonstrating to FIFA that we were making progress on that.

25:17You know, they certainly were watching from the earliest days of my involvement to make sure we were tracking. It was the first, one of the first positions we hired was a director of transportation. We've had this transportation working group that it really is every level of transit authority and stakeholder in the room making sure that we're working together. So I think we've been – and it was important for us to keep it affordable, right? We wanted people to use it here if they were from here so that after the World Cup, they might be more open to a conversation about public transit. So I think there's some really intentional things we've done to make sure that there is a legacy for that transportation effort.

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26:00Pam, the ancillary businesses like the restaurants and the bars, I am impressed that they are probably making money hand over fist, I hope. Yeah, you know, we stood up a program called Casey Game Plan to really help businesses understand how to prepare, who would be impacted. You know, I always joke that if you have a bridal shop, World Cup is probably not going to change your business. Although I will say we have had four proposals underneath the heart at our FIFA Fan Festival. So who knows? Maybe we actually will change those businesses. But we've been working with the local small business community to help them prepare and really just have the information they need.

26:45We've also been thinking about economic impact beyond this short-term visitor impact in the form of new investment in Kansas City or expansion inquiries tied to World Cup exposure. So we have an activation called Casey House, where we've been working with embassies and our economic development partners to understand what business and trade leaders will be in town for each of the matches and convening conversations around those. So we had a global innovation, cattle innovation challenge the first weekend when Argentina was here. We had lots of talk about data and technology incorporated into sports when the Netherlands was in town.

27:31Certainly, Kansas City is the sports architecture capital of the world. That was the CEO of the Kansas City Host Committee, Pam Kramer. Up next, we are tuning to a different World Cup and catching up with the world of esports. That is straight ahead on the Bloomberg Business of Sports. I'm Michael Barr with Vanessa Podomo-Maglione and Randall Williams. You are listening to the Bloomberg Business of Sports and Bloomberg Radio around the world.

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29:53This is Bloomberg Business of Sports from Bloomberg Radio.

30:01Thanks for joining us on the Bloomberg Business of Sports, where we explore the big money issues in the world of sports. I'm Michael Barr. I'm Vanessa Perdomo-Maglione. And I'm Miranda Williams. We're all swept up in the World Cup. That's happening in North America. But over in Paris, the Esports World Cup is also in the thick of major competition. This is the first time the Esports World Cup is being held outside of Saudi Arabia, which the Esports Foundation moved because of complications due to the war in Iran. Last week, we caught up with the Esports Foundation Deputy CEO and Chief Operating Officer Mike McCabe to discuss the move out of the Middle East, the future of esports and their global reach.

30:38Let's take a listen to that conversation with Mike McCabe, Deputy CEO and Chief Operating Officer of the Esports Foundation. Mike McCabe, welcome to the Bloomberg Business of Sports, the 2026 edition of the Esports World Cup. 2 ,000 competitors. They're competing in 24 games across 25 tournaments for a share of a record-breaking prize. The pool,$75 million. First of all, as an old geezer, and if I saw an eSports game, tell me what that would be like. Well, first of all, thank you so much for the opportunity to chat to you. And you nailed all of our numbers there. So you're already there. And when it comes to esports, esports is basically the competitive version of video games.

31:30And so any of the top video games that you've seen of or heard of have generally have an esports component or competitive component to them. What we do is we just amplify that massively and we create the biggest stage and the biggest tournament on the planet to let people compete at the highest level. And Mike, this year's tournament is going to be held in Paris and is usually held in Riyadh. This is the first time it's being held anywhere else. And you made the decision to move it out of Riyadh in March because of the Iran-U.S. war that was going on and is continuously going on. Tell us about the decision and why you made it so early.

32:08Well, it was actually a little later than that. The decision was made in May rather than March. So we waited until it was clear that there was still going to be some travel disruption. We always build contingency. Like any business, we always have a contingency plan in place for such eventualities. But we put that into practice in May. And so we had eight weeks to pivot. And the primary reason was because there was still travel advisories. And whilst it was safe on the ground, we didn't want to put the players or the teams that are supporting them in a situation that they felt uncomfortable. And so we pivoted and we made the decision to move EWC 26 to Paris for this year.

32:57And then we had eight weeks to go about finding a venue, building and designing everything that goes behind the running of the Esports World Cup. And we're here and we go live on July 6th. So we're deep in construction at the moment. So there is the FIFA World Cup that's happening. Your esports World Cup kicks off on July 6. And I bring up the FIFA World Cup because Cristiano Ronaldo is an ambassador for the esports World Cup. Talk to me about how you got to know him and how he became an ambassador. Yeah, he's been an amazing ambassador. And we have a few other ambassadors as well. But the way that we're connected with these ambassadors is most of them are playing games, maybe not at the same competitive level that they're playing their sport, but they're all playing games.

33:47And so there's a there's a passionate connection to the industry and to the ecosystem. And so that's that made the conversation a lot easier. And and he is the pinnacle of football, along with some other amazing athletes who are competing in the FIFA World Cup this summer. And having him as as our ambassador has been amazing because he's he's an aspirational ambassador to so many people, but also so many of our players as well. And so we have the best players in the world and to be able to give them an opportunity to share the stage with him as our ambassador is amazing. And he's helped us bridge that gap where the elite of competitive esports hasn't had that mainstream recognition.

34:36And that's been changing over the course of the last couple of years. And he's helping us bridge that connection for these esports athletes and helping them connect to a much, much broader audience. Mike, so as we were talking about, obviously, Cristiano Ronaldo and his ambassadorship and bringing in new fans and the World Cup that he's playing in and then the Esports World Cup, I'm curious, are you planning any sort of mix and mash because of both World Cups are going on at the same time? Or are you anticipating any sort of confusion with that at all? No, there's a very big disconnect from the types of games, obviously.

35:16And so the games that we'll be having are incredibly different, apart from EAFC. So we have the EA Sports EAFC game that will be happening in week three for us. And we will be having some athletes. We haven't announced it yet, so I can't share exactly who it is. But yeah, we're having some top footballers. Straight from the US and North America coming right over. That's the hope. So, yeah, we'll see how they progress. But it's amazing. The fandom is wild at the moment. I mean, you're experiencing it firsthand that we're all very jealous of. But obviously, we're here in Paris, and we shall see how France continue to do in the tournament.

36:02But we continue well after the final of the World Cup and we'll have many more competitions to come. And we've deliberately chosen to schedule our games around some of these big quarterfinals, semifinals, and obviously the final as well, just to make sure it's easier for the fans to be able to not just capture our event, but also be able to see the big show. We're talking with Mike McCabe, Deputy CEO and Chief Operating Officer of Esports Foundation. Now, listen, as I said, I'm an old geezer. I am full of gray hair. I know one of the games there isn't Pong because I could kick game. Really, I was good at that.

36:44What is the most popular game that really attracts the fans and gets a lot of attention? There's a real mix, actually. And it depends. some of them have a geographic connection. So there's games like Honor of Kings that have incredible resonance in China. But a game like League of Legends has real global appeal from Riot, who are based in Santa Monica. So it really depends. Each game has its own audience. And what we've tried to do with the 24 different games that we have at EWC is to really be able to tap into those audiences all around the world, whether they be geographically spread around the world, but also bringing different platforms in as well.

37:30So we have mobile games, we have PC games, and we have console games as well. So people are competing across all three of the big platforms as well. There's going to be a documentary on Prime Video following the tournament called Esports World Cup Level Up. Tell us what watchers can expect from that. Yeah, Level Up, we've just launched on Prime Video the second season. And this follows many of the stories from last year's EWC in 25. And the reason that we created this was to be able to tell some of the stories that happen behind the camera that are not the core competitive experiences that people are seeing on stage.

38:10some of the human stories of how people got into esports and the difference that some of these life-changing prize wins that they've had, have had on themselves and on their families as well. So it's a very different storytelling, but we've seen with so many top sporting documentaries, how people love to see what happens behind the scenes. They love to hear the stories behind the players. And this gives us an opportunity to tell a whole host of those stories over the course of the season. And we're capturing season three as we speak at the moment. So we're in the process of capturing all of the content at the moment of this year's EWC.

38:56Well, that will definitely show a different angle, right? Being in Paris instead of Riyadh as the other ones have been. And speaking of that, the Esports Nations Cup, which is, I believe, the World Cup-ish version, like the Olympics-ish version of esports, is set to return in November. And you're looking to have that again in Riyadh as well. Is that right? Are you thinking that you can go ahead with that? or when do you have to start making decisions to also potentially relocate that as well? Yeah, that's our plan. And that's scheduled to take place over the course of November this year. And it'll be the first time that we've had a nation-based competition at this scale.

39:37We don't have quite as many games as part of the Esports Nations Cup, but it is going to be nations and territories competing against each other. and that brings a whole different level of support and fandom. I mean, the FIFA World Cup is a great example of how that's happening and people are tuning in to watch football maybe once every four years and that's the moment that they do that. But it gives an opportunity to bring new people into the sport and that's really what our thinking is behind it. We believe that by November, or our hope is that everything has settled down by that point. But obviously, we're constantly monitoring and we're in constant communication with our various national team partners around the world to be able to make sure that we can put on the best competition possible.

40:33Last one from me, Mike. What is the future of esports? When I was last here at Bloomberg years ago, I started covering esports and that was the time when Fortnite experienced this huge explosion of popularity and so much has changed since then. I know that game. But what is the future of esports? What do you think the five to 10 year plan is going to be? And what do you think people are going to look at this and say? I think there's a couple of things. And over five to 10 years, I think that there'll be, the ecosystem will become a little more stable. And one of the things that we've tried to do with our, our vision and mission is really to make esports a global sport and to support the growth of the ecosystem.

41:21And so we provide the opportunity with platforms and the events like EWC and ENC to be able to give those organizations, those clubs, the opportunity to be sustainable and to be able to compete across multiple games. So I think that that stability will come to those organizations. And I think from the player perspective, and we've already seen this with certain games, those individuals who are competing at the pinnacle of those games are seen in the same light as the top athletes from a traditional sporting perspective as well. And so we've already seen this in certain markets with certain games.

42:04And I think that's just going to continue. That was the Esports Foundation Deputy CEO and Chief Operating Officer Mike McCabe. We need more time. Because that's it for today. Thanks for joining us. Tune in again next week for the latest on the stories moving big old money in the world of sports. And don't forget to catch our podcast on all your podcast platforms and go to Bloomberg.com to subscribe to the Bloomberg Business of Sports newsletter to stay up to date on all our juicy insights. Juicy. You're listening to the Bloomberg Business of Sports and Bloomberg Radio around the world. But stay with us.

42:36Today's top stories and global business headlines are coming up right now. you

From the publisher

Join hosts Michael Barr, Vanessa Perdomo and Randall Williams for a look at some of the latest headlines and stories in the business of sports.

Team USA’s run in the World Cup came to an end on Monday as it failed to make the quarterfinals, while outrage over FIFA’s decision to allow striker Folarin Balogun to play continued to simmer. Belgium pounced early with a goal about nine minutes into the match in Seattle. The US tied it later in the first half, but Belgium quickly grabbed the lead back for good to win 4-1 and will face Spain in the next round.

A total of 42 million viewers watched the men’s USA-Belgium World Cup match on US media outlets, setting records for the sport. About 30 million people tuned in to Monday night’s game on Fox Corp. channels, making it the most watched soccer telecast in US history, according to the network. 

This week's show features:

  • Pam Kramer, CEO of KC2026 World Cup host committee on building Kansas City into a soccer hub
  • Mike McCabe, Esports Foundation deputy CEO and chief operating officer on the future of esports

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