Non‑sharing Schools Can Still Deliver New Athlete Benefits
Not every school is participating in revenue sharing, but athlete benefits are still evolving. Can schools that don’t opt in still provide new benefits to athletes? I walk through this in my book NIL 101: The House Settlement Currently 40% off https://t.co/yBVisUkFCL https://t.co/nYetqxZGOM
Blackout Policies Alienate Loyal Fans, Even Locals
A lot of sports leagues are alienating big portions of their fan base by making it increasingly difficult for them to watch their favorite games.
Bears' $2B PILOT Savings Undermine True Tax Relief
The Bears would still save ~$2B via discounted PILOT payments — and if even that money is diverted for "tax relief," then either schools will lose money or property taxes elsewhere will have to rise to compensate, kind of defeating the...
Athletes Join L Catterton to Accelerate Consumer Brands
News: Investment firm L Catterton and Patricof Co form partnership to pursue investment in consumer brands where athletes can drive growth. CHAMP - Champion Athlete Managing Partner - will be co owners of portfolio companies. Participating athletes ⤵️ Story to...
Relegation’s Financial Hit on Tottenham Explored
⚽️New Episode⚽️ - A conversation with @kbadenhausen on the most valuable soccer clubs Sporticast: What Would Relegation Cost Tottenham? https://t.co/cTZKubmyio via @sportico
Trump’s Deal‑First Approach Extends to Football Politics
During Donald Trump's 1st term in office it became clear he prefers deals over rules, though this was part of wider changes From 2018 Deals not rules becomes football’s new game https://t.co/RosUqxiol9 And now this, lobbying to include Italy...
No Fenerbahce Sponsorship; Confusion over Ticketing Partnership
We love Turkey but we are not aware of any sponsorship deal with .@Fenerbahce @Fenerbahce_EN maybe there is some confusion around the recent launch of @ofc_the_club $ofc or $moca partnership with @biletinial one of Turkey's largest Independent ticketing platforms.
Discussing Rosenior's Six-Year Chelsea Contract on BBC
I’ll be talking to @bbcworldservice in a couple of mins about Liam Rosenior’s six year contract at Chelsea
Hamilton Accies Face £3m Loss, Assets Barely a Car
Hamilton Accies submit 24/25 accounts ⚽️Loss reported £1.07m ⚽️Total accumulated losses £3.05m ⚽️Employees nearly halved to 28 ⚽️Only tangible asset owned by the Club is a car, and by the cost suspect it’s not a Ferrari ⚽️Borrowings £1.2m ⚽️Auditors report is a disclaimer. This is accounting...
Advocacy Group Sues Kalshi, Calling Market a Betting Pretext
The Public Health Advocacy Institute (PHAI) has filed a class action lawsuit against Kalshi in Massachusetts Superior Court, alleging that the “prediction market” structure "is a pretext designed to disguise" unlicensed sports betting as federally-regulated "financial trading." https://t.co/AZ10RQA0ZN
KCMO Faces $2,700 per Household Stadium Cost
The private allocation *should* be 100%, but whatever the public share might be is irrelevant to whether a stadium deal is worthwhile. Just the known local share of $600 million amounts to $2,700 per KCMO household. This is before we...
Mixed‑Use Stadium Plans Cost Taxpayers, Fail Everywhere
This article describes Atlanta's experience with The Battery regarding the Ray's proposed stadium plan, but it could just as easily be applied to the Royal's proposal. The mixed-use development didn't work for taxpayers in Cobb County, and it won't work...
NHL Expansion Fees Set to Top $2 B
So the commissioner today said > $1 Billion. 2 > 1 NHL Expansion Team Fees Will Reach at Least $2B, League Says https://t.co/CZstVh1Hmj
Conservative Senators Clash Over Online Sports Betting in Oklahoma
Multiple senators opposed on moral/ethical grounds, saying during the sports betting bill debate online betting would hurt people in Oklahoma. Others questioned payment structures from the tribes and so forth. Gambling remains a difficult push in conservative political states.
No Vote Deals Major Setback to Oklahoma Sports Betting
The bill's sponsor said he will push for a re-vote, but today's no vote was a big blow for legal sports betting efforts in Oklahoma
Spurs‑Blazers Opener Draws 5.7 Million Viewers
Strong 5.7 million viewers for Game 1 of Spurs-Trail Blazers first round series on NBC on Sunday night (1 million of those on Peacock's stream). Hopefully Wembanyama comes back soon from that concussion.
Toronto Tempo Secures Only 19
The Toronto Tempo will appear on national television in the United States 19 times this season. (Not surprising this is a low number in the States.) Highlights: ESPN will air Fever @ Tempo on Aug. 18 CBS will air Mercury @ Tempo on...
NBC Sports Returns to WNBA After 24-Year Hiatus
On Sunday May 17 NBC Sports will air its first |WNBA game in 24 years. They open with defending champion @lvaces against the @atlantadream in Angel Reese's Atlanta home debut – 1:30 p.m. ET on NBC and Peacock. That's followed later...
Lobbyists Absurdly Doubt Small Streamers' NFL Bidding Power
See this a lot in D.C. lobbying, where advocates test the limits of an argument to an absurd degree: Is the @NFL seriously saying to @FCC Chief of Staff @Watson__Greg that @philoTV, @AMC_TV and @Crackle_TV (owned by Chicken Soup for...
Losing Goodell’s Antitrust Immunity Could Spark NFL Chaos
In an April 17 meeting with @FCC staff, @NFL General Counsel Ted Ullyot came armed with a 17-page slide deck. This page is a visualization of the alleged ensuing chaos if @nflcommish Roger Goodell lost his antitrust immunity in the...
Jerry Jones Gets $18.2M Yearly Stadium Subsidy Bargain
Cowboys owner Jerry Jones' per-year lease subsidy falls well short of a record, but paying the owner of the NFL's most valuable team $18.2m/year to keep playing in what remains the gold standard for stadium design can't be seen as...
Expanding to 24 Teams Won’t Solve Financial Drain
Tim makes a salient point about multi-network access being beneficial. But "expand to 24 because the schools need more money" is a flawed argument, because expenses will rise in lockstep with revenue. And then they will clamor for *even more*...
Rogers Eyes $18B Sports Stake Sale in Canada
I've said for a long time not to sleep on what's being built in Canada 👇 Rogers Planning Sports Team Stake Sale at $18 Billion Valuation: https://t.co/4BqwV7G9n7 via @sportico @kbadenhausen
Oklahoma Bill Earmarks $7M for Thunder, yet Excludes Them
An Oklahoma sports betting bill under consideration would direct up to $7 million a year from sportsbooks to the NBA's Oklahoma City Thunder; The Thunder had been considered for a sports betting license in other bills, but are not eligible...
Discussing IP Rights in American Sports at Webinar
Looking forward to speaking at @ASIPI_ & @UNHLaw webinar tomorrow at 11 a.m. ET on IP rights in sports in the Americas. I'll be on a panel with fellow attorneys Zvi Rosen, Jose Antonio Arochi & Jean-Carlo Costa Gálvez....
Oklahoma Senate to Vote on Tribal Sports Betting Bill
OKLAHOMA SPORTS BETTING: - Senate scheduled to vote today on bill permitting betting on tribal lands, give tribes regulatory authority - Bill has the backing of FanDuel - Legislation has already passed the House - Gov. Stitt has opposed bill, prefers more license...
NHL Hits Highest U.S. Regular-Season Ratings in 14 Years
The @NHL scored its best regular-season viewership in the U.S. in 14 seasons....that dates back to 2012-13, according to my colleague @AustinKarp. That also makes it the best under the current rights deals with ESPN and TNT. https://t.co/OpvNt1craU
FAST Complements, but Won’t Replace Paywalled Live Sports
There’s nuance to “FAST’s booming popularity” and live sports economics IMHO — so let’s summarize the nuances before unpacking them further below: • FAST is best understood today as a complementary distribution and monetization layer, but not a replacement for premium...
Sports Franchise Valuations Outpace Revenue Multiples, Lacking Catalyst
Padres are reportedly selling at 9x revenue. Slap that multiple on $BATRK, owner of the Atlanta Braves, and there's 100%+ upside. Ex. real estate assets. Honestly, these multiples are irrelevant, sports franchises are collectables for billionaires to have fun. But the Braves...
MLS Clubs Rank Among Top 50 Valuations
Here are the first @MLS team mentions in this year's list of most valuable soccer clubs. Where were they in the top 50? Click below to find out: https://t.co/iJ4UwR0kR9
Seeking Your Questions on College Sports Scheduling Guarantees
I've got like, 1,000+ game contracts now across FB, MBB, WBB, softball, baseball and WVB to work on a EP newsletter about game gaurentees. Is there anything else anybody is curious about re: college sports scheduling? I'll try to...
Turning the NFL Draft Into a Profitable Business
Plus, I'll also be speaking with @dpbrugler about his annual The Beast and how he's helped make a business around the NFL Draft.
Royals' Stadium Site: Lease, Tax, or Purchase Debate
Would the Royals lease a Crown Center stadium site and it would pay property tax? Or would the Royals or a government body buy the land, and if so who pays for it? And what of John Sherman's desire for...
Spurs Lose Value, Arsenal Gains 20%
Tottenham lost 5% of its club value from 2025 to now. It'll go down further if Spurs are relegated. (meanwhile Arsenal's value grew 20%) https://t.co/9wL4UdaHEk
Top Soccer Clubs Slip Down Global Valuation Rankings
Here's a crazy stat ⚽️🤯: In 2016, soccer teams were the No. 2 (Real Madrid), No. 3 (Barca), No. 5 (Man U) and No. 12 (Bayern) most valuable sports teams in the world. Ten years later, they're at No. 15 (Real...
DOJ Probes Sports Streaming Pricing Competition and Bidding
Antitrust attorney Charlie Beller hints at what DOJ is looking at in its probe of sports moving to streaming. "The key antitrust question is whether the process by which those prices are set remains competitive. Are multiple parties able to...
NFL Takes Fight to FCC Over Sports Streaming
As federal regulators scrutinize the migration of sports to streaming, the NFL is going on the offensive. Top execs make trip to DC for meeting with senior FCC staffers. https://t.co/8qAgNq0k3L
Cap Director Acts as Double Agent for Big Ten Rivals
👀👀👀 Double Agent? Washington Cap Director Reps Rival Big Ten Players https://t.co/Wl1EOxO4wP via @sportico @DanielLibit
Mets GM Overpaid for Bullpen, Ignored Cab Drivers' Advice
The Mets GM could have gotten a better bullpen for half the price by doing some Tom Friedman esque interview NYC cab drivers on who to sign, instead of whatever it was he did.
NY Attorney General Sues Prediction Market over Wire Act Violations
The New York AG's Office becomes the first law enforcement agency in the country to accuse a prediction market platform of violating the federal Wire Act by offering sports-event contracts across state lines. https://t.co/xCd3WbLHM6
Leicester's Cash‑out of Parachutes Fuels £375m Loss
The biggest concern for Leicester is that they have already cashed in on future instalments from Premier League parachute payments and player sale instalments by selling those sums to MacQuarie bank. Borrowed a net £85m in the last two seasons,...
Rays and Royals Battle over Worst Stadium Planning
If the outcomes weren't so depressingly consequential, it would be entertaining to watch the Rays and Royals compete over who has the least thought-out stadium plan. https://t.co/vsEYwrEp1z
Overhyped PR Backfires, Amplifying Lando Norris Controversy
Great piece by @donaldgmcrae of @guardian on overzealous public relations and management people for Lando Norris. The Streisand Effect in full. HT: @pearbea1 https://t.co/jg0L5Fg0Ll
Caesars Takes Over Iconic Westgate SuperBook Operations
Caesars is set to take over operations of the Westgate SuperBook, one of Las Vegas' most iconic retail sportsbooks, the groups announced earlier today; The popular SuperContest will remain "an integral part of the SuperBook experience," per release
Chelsea Home Tickets Sold to Rivals, Profit over Safety
Hundreds upon hundreds of tickets for Chelsea’s final home match available on Todd Boehly’s Vivid Seats website. This could be a crucial match & having away fans in the home end is a risk. Yet all this is sacrificed for...
Rams' Post Becomes NFL Teams' Top-Performing Content
Not only was this EASILY the best performing piece of content the @RamsNFL have ever had, but it's also likely the best performing brand content any @NFL team has had (with a nice assist from @SnoopDogg sharing on Instagram to...
NHL TV Ratings Surge 30% on ESPN/ABC
Very good year for the NHL as far as viewership on ESPN/ABC. ESPN averaged 760K viewers across 54 games on ABC and ESPN, up 30 percent over last year. New measurement helps, as do increased games on ABC. But we definitely...
Liberalizing NIL and Transfers Boosts College Competition
Fun paper on how liberalizing the US college athlete market (aka NIL & transfer rules) improved competition in college sports, with broader labor policy implications: https://t.co/6n9OLql6Ho https://t.co/E3giENONKR
Columbus NWSL Franchise Secured for $205M Fee
New at @SBJ: A consortium led by Haslam Sports Group has agreed to pay a $205M expansion fee to bring an @NWSL franchise to Columbus. That's up from the $165M the league received for Atlanta and $110M it receieved for...
NFL Wins $27M Lawsuit Over Packers Cheer Song Claims
The NFL defeats a $27 million lawsuit accusing the league and the Wisconsin Department of Revenue of copyright infringement and antitrust violations over the use of Green Bay Packers cheer songs: https://t.co/XSQ6TJTIwl.