The CUSP Show

Recorded at the 2025 Columbia Sports Management Conference in October, moderator Chris Lencheski leads a conversation on the forces reshaping the sports investment market. Joined by Daniel Adams of Polsinelli, William Mao of Octagon, Betsy Morgan of TOGETHXR, and Stephen Schifrin of Terrapin Partners, the discussion explores how investors, advisors, and operators are evaluating today’s sports landscape across team ownership, media rights, women’s sports, and global growth opportunities. The panel breaks down how capital is flowing into sports differently than ever before, from private equity and family offices to strategic investors looking for long-term value in scarce assets. The group discusses how media rights continue to underpin valuations, why shorter and more fragmented rights cycles are changing the deal environment, and how investors are increasingly forced to balance traditional financial analysis with a deeper understanding of fandom, community, and brand relevance. A major focus of the conversation is the continued rise of women’s sports as a serious investment category, with discussion around where the strongest opportunities exist and how those properties should be measured on their own terms rather than against legacy men’s models. The panel also examines the importance of fan behavior, player visibility, and social engagement in driving the commercial potential of teams, leagues, and emerging properties. From MLB and media-rights strategy to women’s sports, global football, and the future of ownership structures, this conversation offers a smart, grounded look at what sophisticated investors are actually watching in sports right now, and why the next generation of value creation will come from understanding both the numbers and the passion behind them.
Connect with Chris: https://www.linkedin.com/in/chrislencheski/
Connect with Daniel: https://www.linkedin.com/in/daniel-adams-b98bab2/
Connect with William: https://www.linkedin.com/in/williammao/
Connect with Betsy: https://www.linkedin.com/in/betsylmorgan/
Connect with Stephen: https://www.linkedin.com/in/stephen-schifrin-0014333/
The CUSP Show is hosted by Joe Favorito (@Joefav) and Tom Richardson (@ConvergenceTR) and produced by Sam Henry (@s_henry11), LJ Holmgren (@LJ_Holmgren), and Danny Hagenlocher (@DhColumbiaSPS), with social media efforts led by Lissa Ruiz.


This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit thecuspshow.substack.com

Live from Super Bowl Radio Row, Joe Favorito welcomes David James Clarke IV, CEO of Praxis AI, for a conversation about how artificial intelligence is becoming a practical tool across sports, media, education, and healthcare. Clark explains how Praxis AI uses “digital twins” to help scale human expertise, making knowledge more accessible without losing the personality, communication style, and experience of the original expert. Clark shares how his company first found traction in higher education, where digital twins of professors are now answering thousands of student questions and saving faculty significant time each semester. From there, Praxis AI expanded into sports and entertainment, where digital twins can help athletes, coaches, broadcasters, and thought leaders extend their reach well beyond what is possible in person. He discusses recent work involving Dr. Robert Cantu, Dr. Jen Welter, Shannon Sharpe, Von Miller, and events tied to the Super Bowl, the Cricket World Cup, and future global competitions. The conversation also explores the emotional side of AI, including what it means to hear and interact with a digital version of yourself, as well as the practical business model behind Praxis AI’s platform. Clark addresses the speed at which AI is affecting jobs and workflows, the difference between job replacement and job transformation, and why he believes AI can be both commercially powerful and socially impactful. He also emphasizes the value of digital twins in cause-driven spaces such as concussion education, youth mentorship, and athlete-led social responsibility work.
Connect with David: https://www.linkedin.com/in/davidjamesclarkeiv/
The CUSP Show is hosted by Joe Favorito (@Joefav) and Tom Richardson (@ConvergenceTR) and produced by Sam Henry (@s_henry11), LJ Holmgren (@LJ_Holmgren), and Danny Hagenlocher (@DhColumbiaSPS), with social media efforts led by Lissa Ruiz.


This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit thecuspshow.substack.com

Recorded at the 2025 Columbia Sports Management Conference in October, Talk Show Host Ann Liguori hosts a panel conversation on how golf is evolving through media, technology, and new competitive formats. Joining the discussion are Jake Hoselton, Co-Founder of Grass League; Andrew Macaulay, Chief Technology Officer at TMRW Sports; Joe Purzycki, Co-Founder and CEO of Pro Shop; and Neil Schuster, Co-Founder of No Laying Up. The group explores how a new generation of companies is reshaping the sport from multiple angles. Hoselton explains how Grass League is positioning par-three golf as a standalone competitive category, creating a fast-paced team format designed for digital audiences and prime-time viewing. Macaulay discusses the technological foundation behind TGL, the tech-driven team golf league founded by Tiger Woods and Rory McIlroy, and how innovations like indoor venues, simulator-driven play, and a shot clock are creating a faster, stadium-style golf experience for modern fans. Purzycki details how Pro Shop operates at the intersection of golf, media, and culture, producing projects such as Netflix’s Full Swing, contributing to Happy Gilmore 2, and reviving The Skins Game as a made-for-TV competition. Schuster reflects on the growth of No Laying Up from a hobby blog into one of golf’s most influential media brands, emphasizing authenticity, storytelling, and building community through podcasts, video series, and live coverage. Throughout the discussion, the panel touches on the role of storytelling in modern sports media, the growing cultural relevance of golf, the opportunities around LPGA coverage and women’s sports, and the importance of innovation in making the game more accessible, social, and engaging for new audiences.
Connect with Ann: https://www.linkedin.com/in/ann-liguori-b6b7307/
Connect with Jake: https://www.linkedin.com/in/jakehoselton/
Connect with Andrew: https://www.linkedin.com/in/admac/
Connect with Joe: https://www.linkedin.com/in/josephpurzycki/
Connect with Neil: https://www.linkedin.com/in/ngschu/
The CUSP Show is hosted by Joe Favorito (@Joefav) and Tom Richardson (@ConvergenceTR) and produced by Sam Henry (@s_henry11), LJ Holmgren (@LJ_Holmgren), and Danny Hagenlocher (@DhColumbiaSPS), with social media efforts led by Lissa Ruiz.


This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit thecuspshow.substack.com

For the 500th episode of the CUSP Show, Live from SuperBowl Radio Row, Joe Favorito and Scott Rosner welcome content creator Uly Morazan, known online as Uly and Ernesto, for a conversation about how pop culture, humor, and social media are helping bring new audiences into football. Morazan shares how his journey into the NFL began unexpectedly through the Taylor Swift and Travis Kelce storyline, which sparked his curiosity about the sport and led him to start learning the game publicly on social media. By documenting his football discovery process in a fun, lighthearted way, he quickly connected with a large audience, particularly women, who were exploring the sport for the first time. The discussion also explores his partnership with Barefoot Wine, an official NFL partner under the E. & J. Gallo brand, and how the collaboration works because both Morazan and the brand approach football and wine the same way: with personality, humor, and accessibility rather than pretension. He explains how creators build authentic brand relationships, why long-term partnerships matter, and how fantasy football unexpectedly deepened his understanding of the game. Morazan also reflects on the growing role of creators in sports marketing, the importance of making fandom approachable for new audiences, and why the most successful content, like the best sports experiences, ultimately comes down to one simple principle: fun.
Follow Uly on Instagram: https://www.instagram.com/ulyandernesto/?hl=en
Follow Uly on TikTok: https://www.tiktok.com/@ulyandernesto?lang=en
Uly’s Website: https://ulyandernesto.com/
The CUSP Show is hosted by Joe Favorito (@Joefav) and Tom Richardson (@ConvergenceTR) and produced by Sam Henry (@s_henry11), LJ Holmgren (@LJ_Holmgren), and Danny Hagenlocher (@DhColumbiaSPS), with social media efforts led by Lissa Ruiz.


This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit thecuspshow.substack.com

Live from Super Bowl Radio Row, Joe Favorito and Scott Rosner welcome Jamie Pagliei, better known to fans as “The Philly Sports Guy.” While you may not immediately recognize the name, you certainly know the green mohawk, face paint, and relentless energy that have made him a staple at Eagles, Phillies, Flyers, and Sixers games. Pagliei shares his journey from growing up in West Philadelphia and Delaware County, with family ties to the Spectrum and Veterans Stadium, to serving in the Navy, working in hospitality, masonry, and event promotion before ultimately building a full-time business out of pure fandom. What began as painting his face for one away Eagles game evolved into a powerful personal brand rooted in authenticity, positivity, and connection. The conversation explores how he navigated early social media struggles, the impact of COVID on momentum, and the defining moment that nearly made him quit, until a deeply personal message from a fan changed his perspective on purpose and impact. Pagliei also discusses monetizing fandom the right way, setting brand rules for himself, landing sponsors like TickPick and Philly Sports Trips, and why changing the narrative around Philadelphia sports fans matters to him. More than just a superfan story, this episode is about resilience, reinvention, and how energy, when authentic, becomes a business.
Follow Jamie on Instagram: https://www.instagram.com/thephillysportsguy/?hl=en
Connect with Jamie: https://www.linkedin.com/in/jamie-pagliei-910916190/
Jamie’s Website: https://thephillysportsguy.net/
The CUSP Show is hosted by Joe Favorito (@Joefav) and Tom Richardson (@ConvergenceTR) and produced by Sam Henry (@s_henry11), LJ Holmgren (@LJ_Holmgren), and Danny Hagenlocher (@DhColumbiaSPS), with social media efforts led by Lissa Ruiz.


This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit thecuspshow.substack.com