SBJ Power Up: Staying ahead of the game

12 days ago Sports Business Journal

Pac-12 athletes, starting with football players, can use Curastory to record post-game audio over their video highlights to net NIL money based on views and sponsored ads. Athletes will provide commentary over every highlight that can be edited within Curastory and distributed to their social media channels. That is an important point, since Riegg is in charge of deciding which unscripted series Netflix should run. But Riegg also has reams of data that show why Netflix is carrying more sports programming these days. With Learfield’s shift to more of a tech- and data-focused business, ANC wasn’t quite the same fit within Learfield’s ownership.
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High Stakes In Ohio

Along with the entirety of Ohio, which will be the fourth most populous state to allow online sports betting, the Cavs footprint includes western Pennsylvania, all of West Virginia and Kentucky. The breadth of sportsbooks that have secured retail locations in Ohio is unprecedented. The Blue Jackets also have a retail deal with Fanatics, while the Crew have one with Tipico, best known as the official sportsbook of USA Today and Gannett. Caesars’ interest in Cleveland retail drives home the value that it sees in a storefront — and particularly one in that location. From a volume perspective, retail sportsbooks are dwarfed by their mobile counterparts, accounting for only 9% of the $73 billion that U.S. sportsbooks handled in the 12-month span that ended in August.

3 months ago Sports Business Journal

Harper delivers on massive commitment by putting Phillies in World Series

Phillies owner John Middleton said, “I was dumbstruck. In N.Y., Tyler Kepner writes Harper can “also hold on to the memory, and the satisfaction, of leading his team to the sport’s grandest stage just four years" into his contract. THOSE GUYS: In Philadelphia, David Murphy wrote the 2022 Phillies have “cemented themselves as one of 'those' teams, as a collection of 'those' guys,” by securing the eighth World Series berth in franchise history. They have “given themselves a chance at winning its third title.” They have “carved themselves a place outside of time” (PHILADELPHIA INQUIRER, 10/23). In Atlantic City, Mike McGarry writes a season of "unpredictable results culminated with the Phillies on a stage at second base celebrating the NL pennant, while the fans roared."

3 months ago Sports Business Journal

SBJ Football: NFL deal allows Kroenke to recoup part of St. Louis payments

St. Louis deal better for Kroenke than previously knownRams owner Stan Kroenke will be able to recover nearly half his tab for the St. Louis settlement from the rest of league under fine points of the deal approved Tuesday, sources said. The total at issue is about $820 million: $790 million to St. Louis, plus another $30 million in interest and attorney fees. Kroenke must pay about $600 million of that, with the other 31 owners having already paid about $220 million. Missteps by the league office and some other teams escalated the cost of settling with St. Louis. The Marchand & Ourand Sports Media Podcast this week looked at Amazon’s Black Friday NFL game and where things are with NFL Sunday Ticket talks.

3 months ago Sports Business Journal

SBJ Unpacks: Business of MLB solid heading into World Series

Tonight in Unpacks: MLB heads into the World Series on the heels of a record season for sales of licensed merchandise and corporate sponsorships. Also, Capital One replaced Bank of America for banking and credit-card rights, and will also be presenting sponsor of the World Series. World Series preview: Business angles emerge around Astros-PhilliesWith the World Series set to start tomorrow in Houston, SBJ covered a number of business angles around the Fall Classic:SBJ's Terry Lefton looks at how the sports-licensing business views the matchup. The AP notes there will likely be no U.S.-born Black players in the World Series, marking the first such occasion since 1950. Trump criticizes PGA Tour during LIV pro-am: "Tour mishandled it"MIAMI -- Donald Trump today lashed out at the PGA Tour, reports SBJ's Eric Prisbell.

3 months ago Sports Business Journal

SBJ Football: Is Jeff Bezos driving down interest in Commanders?

“Many of the smart bidders, including those on the Broncos, are holding back for now,” one insider said. Of course, it also remains possible the entire sales concept is kayfabe designed for Snyder to buy time with other owners. Clearlake Capital co-founders Behdad Eghbali and Jose Feliciano, Devils/76ers owner Josh Harris and Dodgers/Chelsea FC co-owner Todd Boehly have not. On Tuesday, ESPN2 aired the XFL-produced “Drive to the XFL Draft,” and the league also unveiled its official game ball. That Sunday morning number is the third time this season NFL Net has set an international game audience record.

2 months ago Sports Business Journal

SBJ Unpacks: The NWSL goes to Washington

Spotlight: Ally Financial’s Brimmer on NWSL’s prime-time championshipAt this week’s SBJ Game Changers conference, Ally Financial CMO Andrea Brimmer talked about the NWSL championship being on network TV in prime time, as well as the importance of “trying to move women’s sports to bigger stages.” Brimmer spoke with SBJ correspondent Paxton Elrod. Games league-wide drew 1,644,658 fans the last weekend of the regular season, marking the best-attended weekend overall since August 2015. The plan has been in the works since the summer, "College Football Show" co-host Kayce Smith told SBJ, but was dependent on getting two kickoffs far enough apart. SBJ recently named him as one of the top executives who are leading planet-conscious actions across sports franchises. Click here to cast your votes and look for the results in SBJ the week of Dec. 5.

3 months ago Sports Business Journal

SBJ Unpacks: Game Changers flip the script on women's sports

Tonight in Unpacks: SBJ's Game Changers event highlights the importance and sound business rationale of investing in women's sports. That was one of the key takeaways from a panel at the Game Changers event, notes SBJ’s Preston Bounds. The X Games will now be led by CEO Steve Flisler, who joins from Twitch. The near-term commercial strategy will prioritize further integrating existing X Games event sponsors, which in recent years have included Monster Energy, Jeep, Geico and Pacifico Beer. Also check out a profile of Ron Semiao, founder of the X Games, who was honored as an SBJ Champion of Sports Business in 2019.

3 months ago Sports Business Journal

Yankees enter uncertain future after ALCS sweep

The Yankees were eliminated by the Astros yesterday for the third time in six years, and the club's World Series drought stretching back to 2009 now “qualifies as an eternity in Yankees years," according to Mike Axisa of CBSSports.com. The Yankees between payroll and competitive balance tax owed were more than $50M "behind the Mets this year." OWNERSHIP ISSUES: In N.Y., Ian O'Connor writes fans are "sick and tired of Hal Steinbrenner’s leadership.” The ALCS sweep marks 13 straight years that the Yankees have failed to reach the World Series. He wants to "play the game within the boundaries of financial restraint” (N.Y. POST, 10/24). ... (But) there is general skepticism among rival execs that the monied Yankees will be outbid for Judge or that Judge would leave the brightest stage” (“SportsCenter,” ESPN, 10/24).

3 months ago Sports Business Journal

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