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NFL Commissioner Roger Goodell on international future ahead of Australia debut

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NFL Commissioner Roger Goodell on international future ahead of Australia debut
NFL kicks off in Australia

MELBOURNE, Australia — The NFL is making history this week with its first-ever regular-season game in Australia, but Commissioner Roger Goodell is already thinking well into the future.

“Whether it’s media, or whether it’s labor, or whether it’s our international plans or what we’re doing with stadiums, all of that [requires] taking a 5-, 10-, 15-year look, and it’s critical to do that,” Goodell said in an exclusive interview with CNBC here ahead of the Week 1 game between the San Francisco 49ers and the Los Angeles Rams, set to kick off Thursday night at 8:35 pm ET.

“If you’re not, you’re being irresponsible,” he added.

Earlier this month, Goodell, 67, signed a four-year contract extension that will keep him as the league’s commissioner until March 2031. This year marks Goodell’s 20th season on the job.

He has overseen significant growth and change for the most popular U.S. sports league, including the addition of a 17th regular season game and its sale of media rights to streaming platforms. But no change may factor more into his long-term plans than adding recent regular-season games in a range of countries from Germany and France to Brazil and Mexico.

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CNBC Sport: Roger Goodell on the NFL’s Australia debut and global expansion

NFL games are routinely the most-watched programming in the U.S., but international interest is still sparse. Last year’s Week 1 international game between the Kansas City Chiefs and the Los Angeles Chargers — streamed on YouTube — was watched by 18.5 million viewers in the U.S. and just 1.2 million abroad.

Goodell’s global growth plans include playing nine games outside of the U.S. in 2026 and 10 international contests in 2027. He’s previously said he’d like to get that number to 16, but he’ll need player buy-in to do so.

The league’s current collective bargaining agreement caps the number of international games at 10. The CBA expires in March 2031 — aligning with Goodell’s contract.

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Banking on branding

NFL Commissioner Roger Goodell speaks during a press conference ahead of Super Bowl LVII at the Phoenix Convention Center on February 8, 2023 in Phoenix, Arizona.

Cooper Neill | Getty Images

Goodell has also said he expects to one day have a team based permanently outside the U.S.

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Hypothetically, Goodell said, he could envision an NFL with multiple teams based in Europe. Still, he declined to put a time frame on establishing an international franchise because “it’s all part of a broader plan to continue to develop our business.”

“As you develop your business, at some point in time, you may get to that place where you say, you know, putting a franchise or franchises globally is a good idea,” Goodell said. “You’re looking down the road, maybe you do a division in Europe, so they’re playing against one another. The beauty and the advantage we have is that we’re playing once a week.”

The league’s international growth is also tied to expanding global media exposure, he said. Netflix has the global broadcast rights to the 49ers-Rams game from Melbourne.

“We’re looking at how we continue to grow our media exposure globally,” Goodell said. “More and more of our games are on free television and on media partners that are promoting the game, and they’re expanding the game, and that’s really important to us.”

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Manny Pacquiao Takes Cabinet Post As Philippines’ Anti-Poverty Chief, Urged To Lead With Faith In Manila

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MANILA, Philippines — Boxing legend and former senator Manny Pacquiao returned to government service Tuesday, taking his oath as secretary and lead convenor of the Philippines’ National Anti-Poverty Commission, a Cabinet-level post that places him at the center of the country’s poverty-reduction efforts.

President Ferdinand R. Marcos Jr. administered Pacquiao’s oath of office during a ceremony at Malacañang Palace on Sept. 8. Pacquiao succeeds Lope B. Santos III, who had served as NAPC secretary and lead convenor since January 2023. Cabinet Secretary Benhur Abalos was among those present at the ceremony.

The appointment carries real institutional weight. Under Republic Act No. 8425, the Social Reform and Poverty Alleviation Act, whoever serves as NAPC lead convenor automatically holds the rank of Cabinet secretary, formally placing Pacquiao within Marcos’ Cabinet. Marcos chairs the commission in his capacity as head of state, while Pacquiao now oversees day-to-day leadership of the commission’s secretariat.

The National Anti-Poverty Commission, established under the 1998 law, serves as the government’s coordinating and advisory body for implementing its Social Reform Agenda. The commission works to strengthen anti-poverty policy advocacy, coordinate poverty-reduction programs across national and local governments, and ensure that marginalized sectors have meaningful participation in government decision-making. Pacquiao’s appointment follows Executive Order No. 123, signed by Marcos, which transferred oversight of both the NAPC and the Presidential Commission for the Urban Poor from the Department of Social Welfare and Development back to the Office of the President.

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Marcos expressed confidence in Pacquiao’s ability to lead the commission’s efforts, according to the Presidential Communications Office.

“Together, we will bring government programs closer to our communities and give more Filipinos a fair shot at a better life,” Marcos said in a social media post following the ceremony.

Malacañang cited Pacquiao’s own lived experience with poverty as among the reasons for his appointment, along with his history of assisting marginalized Filipino communities even outside of formal government roles. Pacquiao spoke directly to that personal history during his remarks following the oath-taking ceremony.

“Sa kahirapan, doon ako galing. Naranasan ko matulog sa karton sa kalsada, uminom lang ng tubig, walang makain at mag-ipon ng barya para lang makatulong sa pamilya,” Pacquiao said, which translates to: “I came from poverty. I experienced sleeping on cardboard on the streets, drinking only water, having nothing to eat and saving coins just to help my family.”

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Pacquiao emphasized that he viewed the role as public service rather than a political opportunity, and said he had continued supporting poor communities and building free homes even during periods when he did not hold elected office.

“Hindi ito pulitika. Ito ay totoong serbisyo publiko upang siguruhin na ang bawat programa ng gobyerno ay direktang mararamdaman ng 14 basic sectors at ng pinakamahirap nating mga kababayan,” Pacquiao said, translating to: “This is not politics. This is genuine public service to ensure that every government program is directly felt by the 14 basic sectors and our poorest fellow Filipinos.”

The appointment has drawn attention from Christian leaders in the Philippines given Pacquiao’s own public testimony about his Christian faith in recent years. Bishop Noel Alba Pantoja, head of the Philippine Council of Evangelical Churches, welcomed the appointment as an opportunity for Pacquiao to serve Filipinos who are “poor, vulnerable, and in need of hope and opportunity.” Pantoja, who described Pacquiao as his “dear brother,” cited Colossians 3:23-24, which calls believers to work wholeheartedly “as working for the Lord,” and prayed that Pacquiao would receive “wisdom, strength, compassion, and integrity” in the new role. Pantoja also expressed hope that Pacquiao’s leadership would help bring communities together and develop lasting solutions to poverty.

Pantoja’s call for servant leadership echoed comments Pacquiao made earlier this year at the Arise Asia 2026 Congress in Manila, where he challenged roughly 4,000 Christian leaders and young people from more than 50 countries to make their faith visible through service and how they treat others. Pacquiao, who has spoken publicly about turning away from a past marked by drinking and gambling after what he has described as surrendering his life to Jesus Christ, urged believers at that event to read Scripture, pray and demonstrate their faith through concrete action.

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Larry Gadon, who serves separately as Marcos’ presidential adviser for poverty alleviation, a distinct position from Pacquiao’s new role, welcomed the appointment in a statement.

“His appointment is very timely now that the administration is pushing for further reduction of poverty incidence and the NAPC with the right direction could help more to achieve the poverty reduction efforts,” Gadon said.

Pacquiao’s return to government marks a notable political turn given his history with Marcos. The two men were political rivals during the 2022 presidential election, when Pacquiao ran for the country’s highest office and lost to Marcos. Pacquiao previously served as a member of the House of Representatives representing Sarangani from 2010 to 2016, then as a senator from 2016 to 2022. He later made an unsuccessful bid to reclaim a Senate seat in last year’s midterm elections while running on a slate aligned with Marcos.

Widely regarded as one of the greatest professional boxers in history, Pacquiao remains the only fighter to have won world championships across eight different weight divisions during his boxing career.

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With Pacquiao now formally leading the NAPC secretariat, his personal history of poverty and his publicly stated commitment to Christian service will face practical tests as the commission works to address food security, employment, education, housing and health concerns for the Philippines’ poorest citizens under the country’s Magna Carta of the Poor. For Pantoja and other Christian leaders who have welcomed the appointment, the role represents an opportunity for Pacquiao to translate his public statements of faith into tangible outcomes for millions of Filipinos still living below the poverty line, even as the practical challenges facing the commission remain substantial heading into his tenure.

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Wealthy investors seek oil and gas assets, but bargains are scarce

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Wealthy investors seek oil and gas assets, but bargains are scarce

An aerial view shows storage tanks at the sprawling BP refinery in Whiting, Indiana, Sept. 8, 2026.

Scott Olson | Getty Images

A version of this article first appeared in CNBC’s Inside Wealth newsletter, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox.

Ultra-high-net-worth investors and family offices are showing more interest in mineral rights and other oil and gas assets, driven by the energy pressures of the Iran war and the artificial-intelligence boom, according to investment advisors. But it has become harder to find deals at attractive valuations due to increased competition from institutional investors and private-equity firms, they said.

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Family offices were able to make opportunistic plays in oil and gas in the years after the Covid pandemic as traditional investors backed away from the sector due to pressure from environmentally conscious stakeholders.

Now, dealmaking in the space is seeing a resurgence, with oil and gas deal spend for the first half of 2026 hitting a two-year record, according to research and consulting firm Wood Mackenzie. The boost was especially striking for gas production projects, with deal spend in that sector exceeding $32 billion, the highest level in over a decade, the firm found.

“It’s a seller’s market,” said Jeff Peterson, chief investment officer of single-family office Gillon Capital.

Peterson, who has managed investments for a branch of oil tycoon H.L. Hunt’s descendants for 14 years, added that in addition to the increased competition, volatility in commodity prices has also made it hard to transact.

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Since the beginning of June, Brent crude has traded as low as $70.14 a barrel and as high as $102, a spread of about 45%. It jumped almost 10% in a single session in July.

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As investors take a longer-term view of energy demand, infrastructure plays like pipelines and export facilities have garnered interest, according to Andrew Dock, head of energy wealth management for Bank of America.

“It’s not a cyclical play. This isn’t a commodity trade anymore. It’s a structural shift,” Dock said.

However, there’s a limited number of infrastructure opportunities coming to market due to constraints such as permitting timelines and construction complexity, Dock said.

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Even in a crowded market, family offices can still carve out a niche with investments worth less than $100 million, said Cody Carper, partner and co-chair of the oil and gas practice at law firm Baker Botts.

“A family office can dive in and buy a $30 million non-operated asset that’s really kind of undervalued because there’s just not a huge buyer universe that is focused on that band of value,” he said.

Peter Suberlak, director of investments at Tolleson Wealth Management, said clients typically aren’t betting on price swings but rather looking to hedge against inflation and obtain relatively predictable cash flow.

He added that investors often look for stakes in mature fields with producing wells, where experienced operators can reduce costs or improve production, offering reliable income and upside potential

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“Generally in the family office space, because you have such a longer investment term horizon, it allows you to have enough time for the real value creation pieces to come out,” he said. “It’s so difficult to predict commodity prices and where we are in the cycle, and so it’s prudent to favor these more quality cash-flow investments where the returns don’t necessarily depend completely on getting the macro call exactly right.”

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Frequency Electronics, Inc. (FEIM) Q1 2027 Earnings Call Transcript

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OneWater Marine Inc. (ONEW) Q1 2026 Earnings Call Transcript