On this edition of The Small Market Notebook, host Callan McClurg breaks down a monumental week across Southern California sports, legal battles, media collapses, and franchise milestones. First, Arte Moreno agrees to sell the Los Angeles Angels to Stan Kroenke Sports & Entertainment for $4 billion—ending a 23-year era defined by stadium legal battles, lost name identities, and wasted generational talents. Callan examines the legislative pressure from California’s "Home Run for Anaheim Act" (AB 2512) and what Kroenke's arrival means for Orange County baseball.

Next, the NBA hands down a historic $30 million fine and multiple executive suspensions against the LA Clippers for salary cap circumvention involving Kawhi Leonard—but did Commissioner Adam Silver actually drop the hammer, or did the player walk away virtually untouched? Plus, Major League Soccer reverses course to restore all 27 U.S. clubs to the historic Lamar Hunt U.S. Open Cup, the rapid operational collapse of FAST platform Victory+ shifts local NHL rights over to Amazon Prime Video, and the Anaheim Ducks announce the jersey retirement of long-time captain Ryan Getzlaf.

About The Show:The Small Market Notebook is an audio extension of the Mr. Small Market Substack written weekly by Callan McClurg. Delivering unapologetic takes on sports, blending insights from the broadcast booth, sports business, and media with the passion of a true small-market fan. New stories and podcasts drop every Thursday.

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