Wolves' 2024/25 Finances Reveal Roots of Relegation
Review of Wolverhampton Wanderers' financial results for the 2024/25 season. Now a year out-of-date, but they do help understand why the club has struggled on the pitch recently, culminating in this season's relegation #WWFC https://t.co/LKBlwkekCu
Complex Group Structures Mask Losses, Reveal Profit Disparity
NSWE UK Ltd, Aston Villa’s parent company, which nets off all the intra group transactions such as selling the women’s team and real estate to itself, publishes a £96.7m loss, compared to a £17m profit of its subsidiary. Shows the...
Separate City
I wouldn't put teams in the same city in the same division. Having an "AL/NL" split within a city is a good thing for viewing and will bring more teams through town.
Pablo Torre’s Relentless Reporting Sparks Pulitzer‑winning Investigation
I'm not sure what will happen with the Kawhi/Clippers/Aspiration probe, but I know there would be no probe without @PabloTorre's intrepid reporting. A testament to the dogged pursuit of truth + a deserved Pulitzer. Great @Harvard_Law story on his work:...
NCAA Faces Rule Overhaul as Youth Monetize Sports
As more children and teens earn money in sports, entertainment and influencing, how will NCAA eligibility rules evolve? The days of amateurism seem long gone. That's not necessarily a bad thing, but it's a new world and for the NCAA,...
More Home Games Would Elevate Regular Season Value
Would the NBA regular season matter more if better seeds got 5 home games per series? 6?
Paramount Skips NFL Renewal, Focuses on UFC
Sat through Paramount earnings call and no questions on status of renewal talks with NFL. A lot of UFC mentions but nothing on how much more CBS may have to budget for NFL
Broadcast Limits Force Overlapping NBA Second-Round Games
NBA playoff games are going to overlap during the first 2 nights of the second round. Here's why: There are significant (but not insurmountable) limitations on airing live sports on broadcast channels before 8 pm on weeknights due to pre-existing schedules...
Cubs Acquire Rooftop Sites, Wrigley View Still Holds Out
Thanks for reading my Cubs article. There's a long history with the rooftop businesses and the Cubs. The short of it: the Cubs bought many of the properties and other deals expired, but Wrigley View Rooftop hasn't agreed to the...
ESPN Keeps Promise: No Meddling in Inside the NBA
The Vrabel-Russini jab is the latest sign that ESPN is following through on its vow to not meddle in Inside the NBA content https://t.co/mahUPpk3Qs
Justice Kafker Questions Congress’ Intent to Curb State Betting Authority
“Justice Scott Kafker expressed doubt that Congress meant to eliminate states' ability to regulate sports wagering when it moved to reform how swaps were regulated through Dodd-Frank, a law enacted in the wake of the 2008 financial crisis.”
Southend United's Transparent Finances Reveal Rising Losses
At the other end of the transparency scale to Ebbsfleet are Southend United. Great to see Club putting out a very comprehensive explainer on their finances for 2024/25, even though the figures are scary in places and the losses are...
Chicago Sky Free $289k, Hold Second‑lowest Cap Space
The Chicago #Sky have waived G Hailey Van Lith, freeing up $289,133 of cap space. Chicago now carries $703k of space heading toward the regular season (2nd lowest in the WNBA). https://t.co/IeoG1bswcz
CFP Expansion Stalemate Mirrors College Football Cold War
New Hotline mailbag examines how the CFP expansion stalemate is a proxy for the sport's Cold War (and loads more) -->
Mavericks Assemble Powerhouse Front Office Trio
Basic new executive structure here for Mavs: Rick Welts: CEO Ethan Casson: president Masai Ujiri: president of basketball operations That's a damn strong lineup in the front office.
CW and ESPN Extend Legacy with Pacific Northwest Basketball Power
On media column: Pac-12 --> The CW --> ESPN app = the continuation of a longstanding, highly successful relationship between the network and an a certain MBB power tucked away in the PNW -->
Stadium Funding Diverts $1B+ From Other Public Needs
Deciding which pocket $1B+ in tax money for a Rays stadium would come from is less important than the fact that Hillsborough County and the city of Tampa would be handing over public funds that it then wouldn't have available...
NFL Rights Renegotiation May Cut Scripted TV by 7%
The @NFL’s media rights re-negotiations may prove so costly that it results in a “7% cut to scripted TV, film, and every other sport,” per @michaelbeach & @xscreenmedia. https://t.co/zxEQOspkCh
Pirates Dominate Pittsburgh Primetime TV Despite Recent Slumps
The local TV numbers support this. Regardless of record in recent years, Pirates games on their regional sports network consistently lead the Pittsburgh market in primetime audience over the spring/summer
Market, Not Media, Sets True Team Valuations
Valuations were meant for media fodder, not to be taken super seriously. Definitely gets people going on social media But remember: when the Clippers were sold to Steve Ballmer, the sale price was over $1 billion more than what Forbes had...
Senate Subcommittee to Tackle Sports Betting Integrity on May 20
ICYMI: A US Senate subcommittee will discuss "sports betting and gaming integrity" May 20; testifiers include AGA President Bill Miller, Tennessee gaming regulator Mary Beth Thomas, IC 360 CEO Scott Sadin and Coalition for Prediction Markets' Patrick McHenry, a former 10-term...
House Settlement Could Spark Unionization in College Sports
Calls for a more formal labor framework in college sports are getting louder. Will the House Settlement lead to unionization or collective bargaining in college sports? The full explanation is in my book NIL 101: The House Settlement Now 40% off https://t.co/yBVisUkFCL https://t.co/CGZGQ42mMz
Ohio Taps Gambling Taxes to Fund Billionaire Browns Stadium
So, Ohio's Plan B to hand over $600 million in public money for the new Browns stadium is to get it from gambling receipts. In other words, have poor people pay for the Haslam's (net worth ~$10 billion) new luxury...
Upcoming Podcast Tackles Sheffield Wednesday, Buybacks, and UEFA Issues
Tomorrow’s @POF_POD with @kevinhunterday ⚽️Sheffield Wednesday (but good news) ⚽️Buy backs ⚽️Geography v National Affiliations ⚽️Out of court settlements ⚽️UEFA/Slovakia
El Clásico Highlights Sport’s Shift to Culture Over Politics
Good 4 Business: El Clásico and the emergence of a global sport entertainment system How social cause and political symbolism lost out to music, lifestyle and culture https://t.co/X630olFpvV @Fire_and_Skill #Geosport https://t.co/DOLQ6GKNKM
MLB's All‑Access Subscription Feels Like Joker Trap
I'm increasingly convinced MLB created this year's "all access" subscription system to turn me into The Joker https://t.co/ejXPFpQgLH
NY AG: Coinbase Misreads Wire Act Safe Harbor
The New York AG's Office calls out Coinbase for falsely insinuating that the Wire Act 'safe harbor' provision insulates 'wagers' across states where betting is legal. The Wire Act safe harbor (1084(b)) extends only to "information," not the wagers themselves....
Scarcity ≠ New Asset Class, Even Sports Stakes
🏈 Don't confuse something scarce, like a stake in a pro sports franchise, for a novel asset class. https://t.co/S3h4LDqoAi chart: https://t.co/2HPhJ1vBou https://t.co/mMegN06YAd
Kentucky Derby Sets Record with 19.6M Average Viewers
The Kentucky Derby averaged 19.6 million viewers on NBC and Peacock, up 11% over last year’s Derby audience That's the most-watched Derby in history. (We note here Nielsen's measurement changes as with other sporting events.) Viewership peaked at 24.4 million viewers from...
Florida Traffic Cam Outdraws Apple TV for F1 Miami
What drew more viewers for the F1 Miami Grand Prix? Apple TV or this Florida Highway Traffic Cam making the rounds on social? 😬 https://t.co/U1RPdThcn5
Excited for Inside the NBA on ESPN Finals
As with everything there’s been some criticism but I really like having Inside the NBA on ESPN. It’s gonna be really nice having them for the Finals.
Stadiums Boost Owner Cash, Not Fantasy Budgets
No, this isn't how this works. New stadiums don't enlarge your budget for your fantasy roster, it generates cold hard cash for the owner. Owners don't lack credit: if winning boosts profits, they'll invest in the roster. A new stadium...
Wrestlers' Revenue Streams Make Stopping Illogical
They have legends deals with the wrestlers they make money from at signings, video games, merch, plus bringing them back for TV. Why would they stop doing that?
Super Bowl Sites Reward Officials Who Channel Public Funds
Super Bowl site selection isn't about the best location, it's done to reward local officials who worked to funnel taxpayer dollars to the NFL. https://t.co/SsqBmFSW7p
Race Winnings Taxed Heavily Despite Massive Expenses
Race winnings are fully taxable as ordinary income, and by the time the owners take their 80%, they’ve already spent years burning cash on purchase price. Keeping a top-tier racehorse in training can easily run six figures annually, per horse,...
Fairway Rollin’ Hosts Dissect LIV Golf’s Collapse
New pod: @HousefromDC and @NathanCHubbard, hosts of @ringer's Fairway Rollin' podcast, talk about the demise of LIV Golf. https://t.co/BTKe7FFwqs
England and Scotland Fans Face Steep World Cup Costs
How much will it cost England and Scotland fans to attend the World Cup per @DaleJohnson https://t.co/GmDj72f766
76
In terms of sport, stakes, and TV markets, #76ers-#Celtics R1 G7 on paper is probably the best #KentuckyDerby lead-out #NBC has had. $CMCSA
Mayweather Beats Pacquiao in Historic HBO‑Showtime Collaboration
🥊 May 2, 2015: Floyd Mayweather Jr. defeated Manny Pacquiao by unanimous decision in a highly-anticipated (but eventually lackluster) 12-round boxing match. Due to each boxer’s respective contracts, it was the first-ever bout co-produced by HBO and Show… https://t.co/ZEewxaZqCh https://t.co/SjQmPviABC
Stadium Subsidies Are Never Free, Always Taxpayer Money
There's no such thing as found public money. Government stadium contributions are a cost to taxpayer, no matter what funding bucket they come out of. https://t.co/NrhB9uMpAT
Queen of the South Posts £197k Loss,
Queen of the South lost £197k in 2024/25 but still has an overall profit balance from previous years https://t.co/oRRdEgaUoG
76ers Ownership Revealed: Harris Leads, Will Smith Holds 0.1%
The 76ers are looking to complete comeback from down 3-1 vs Celtics. The club's recent approval for a WNBA team gave a window into 76ers ownership breakdown: Josh Harris: 32.8% David Blitzer: 30.1% Arctos: 15.1% Marc Leder & Rodger/Hillary Krouse: 11.4% David Adelman: 5.6% Martin...
Yahoo's Media Bridge, Wall's Opportunity, Media Rights Challenges
Saturday Goodies; #Yahoo Builds A Media Bridge, Wall Creates An Opportunity, and Digging Into Media Rights Challenges... #sportsbiz #storytelling https://t.co/uHgrXabcWq https://t.co/y36or5tglf
Leagues Push Federal Ban on Sports Prediction Markets
“ln general, leagues should have control over the types of markets offered on their competitions and businesses..." Leagues' flex: 'Play nice or lose low-latency data' is my guess. NBA, MLB, player unions ask feds for restrictions on prediction markets https://t.co/vaDLDj77kf
Relegation From League Two Means Bigger Financial Hit
Two from five to be relegated from League Two today. Not only is it a loss of status, clubs on average lose more money in the National League than League Two
Private Equity Fuels Latest Wave of Sports Deals
Sports' Saturday: Top sports news in private equity Read the full story here: https://t.co/mDvFCnGwKw https://t.co/UQC7kDj1Yy
Valkyries Valued at $850M, Timeline Shorter Than Five Years
BTW, Matt (and rest of world) @sportico today valued the @valkyries at $850M. It ain’t gonna take five years.
Saudi's Spending Cut Signals Shift in Regional Power
What the End of Saudi Arabia’s Big-Spending Era Means for the Kingdom and Beyond https://t.co/9iRmQ5paso
CFTC
NEW: The CFTC has filed a motion for preliminary injunction against the New York Attorney General, asking SDNY judge Victor Marrero to issue an order prohibiting the NYAG's Office from pursuing criminal or civil enforcement actions over the offering of...
Q&A with Candace Story, AD of the Year
Good q and a with easily the AD of the year in most circles @vucommodores Candace Story. #anchordown https://t.co/Q70gpNgQOs