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Joshua Harris, co-founder and senior managing director of Apollo Global Management LLC, managing partner of the Philadelphia 76ers, and principal owner of the New Jersey Devils, speaks at the Bloomberg Sports Business Summit in New York, U.S., on Thursday, Sept. 4, 2014. The annual event brings together the industry's biggest dealmakers, commissioners, owners, and players to discuss the business of sports and the money behind the game. Photographer: Peter Foley/Bloomberg via Getty Images

Joshua Harris, co-founder and senior managing director of Apollo Global Management LLC, managing partner of the Philadelphia 76ers, and principal owner of the New Jersey Devils, speaks at the Bloomberg Sports Business Summit in New York, U.S., on Thursday, Sept. 4, 2014. The annual event brings together the industry's biggest dealmakers, commissioners, owners, and players to discuss the business of sports and the money behind the game. Photographer: Peter Foley/Bloomberg via Getty Images