Knicks Spark Euphoria From Bronx to Brooklyn

Watch on YouTube ↗  |  June 12, 2026 at 12:17  |  7:15  |  Bloomberg Markets

Summary

The segment covers two sports stories: the start of the FIFA World Cup hosted in the US, with discussion of high ticket prices and FIFA's projected revenue, and the New York Knicks' historic playoff comeback win against the San Antonio Spurs, which puts them up 3-1 in the NBA Finals.

  • World Cup kicks off with matches at venues including MetLife and SoFi Stadium.
  • US men's team is not expected to go far but could reach quarterfinals with home-field momentum.
  • FIFA ticket prices for group-stage matches are significantly higher than in past World Cups, raising affordability concerns.
  • FIFA reportedly wanted to capture US resale market value by pricing tickets higher.
  • FIFA projected to net over $10 billion in revenue over less than 60 days.
  • New York Knicks erased a 29-point deficit to beat the Spurs 107-106 and take a 3-1 NBA Finals lead.
  • The Knicks' comeback is the largest in NBA playoff history; the arena atmosphere was described as electric and shaking.
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