Sports
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Essential sports industry news & intel to start your day.
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March 22, 2023
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Today’s Top News
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ESPN reportedly fired Executive Vice President Rob King after nearly 20 years with the Walt Disney Co.-owned company over harassment allegations related to social media posts. King, who reported to ESPN Chairman Jimmy Pitaro and was most recently in charge of the direction of ESPN’s journalism, declined to comment to the New York Post but later said on Twitter, “the time is right for me to leave the company.” (New York Post)
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Sports-focused streaming platform FuboTV Inc. rebranded its service as Fubo via a new ad campaign co-produced by actor Ryan Reynolds’ advertising and production agency, Maximum Effort, a Fubo investor that has a first-look deal with the streaming company. NBA Hall of Famer Kevin Garnett and former NFL quarterback Mark Sanchez star in Fubo’s 15-second and 30-second spots, which are being shown across national TV and digital media and feature the tagline, “If Sports Fans Built a Streaming Service.” (Variety)
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SlamBall, a mixture of basketball and football played on trampolines that saw short-lived success in the early 2000s, closed a $11 million Series A funding round, led by IA Sports Ventures and Miami Marlins limited partner Eberg Capital, ahead of the sport’s upcoming summer relaunch. Other sports stakeholders who invested included David Blitzer, founder of Harris Blitzer Sports & Entertainment, Fanatics Inc. CEO Michael Rubin and Boston Celtics player Blake Griffin. (CNBC)
- Japan defeated the U.S. 3-2 to win their first World Baseball Classic title since 2009. Shohei Ohtani, who batted .435 with one home run and eight RBIs and finished with a 2-0 pitching record en route to MVP honors, called the championship “the best moment in my life” via a translator. (The Associated Press)
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A MESSAGE FROM MORNING CONSULT |
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What Else You Need to Know
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Chris ‘Mad Dog’ Russo signs new deal with ESPN
Ryan Glasspiegel, New York Post
Sources tell The Post that talk radio legend Chris Russo has signed a new deal with ESPN to continue appearing on “First Take,” where he’s developed excellent chemistry with host Molly Qerim and fellow high-volume broadcaster Stephen A. Smith.
Monumental readies $20M overhaul of D.C.’s regional sports network
Sara Fischer, Axios
Monumental Sports & Entertainment, the owner of the Washington Wizards, Mystics and Capitals and Capital One Arena, is planning a major rebrand and investment in NBC Sports Washington, the regional sports network it fully acquired from Comcast last September, a top executive told Axios.
If RSNs like Bally Sports go dark, what happens to the non-major sports they broadcast?
Bill Shea, The Athletic
The major-league teams have contingency plans in place if Bally Sports and other RSNs go away. But what about the countless smaller teams?
XFL hits new lows opposite tournament
Paulsen, Sports Media Watch
The XFL had its least-watched week yet opposite the NCAA Tournament. Week five of the XFL season averaged just 264,000 viewers across ESPN, ESPN2 and FX, down 48% from the previous week (506K) and easily the least-watched week of the season.
World Baseball Classic leading to social media explosion for baseball
Jessica Kleinschmidt, Awful Announcing
According to MLB.com, “there was +564% more total engagements on World Baseball Classic social media accounts during the first round of the 2023 tournament compared to the 2017 event.”
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Brett Favre ‘Knew’ Mississippi Funds Transfer ‘Was Illegal’
A.J. Perez, Front Office Sports
Brett Favre wrote in a text that the former head of Mississippi’s state welfare program deserved an overpriced Ford pickup. “Surprise him with a vehicle. … We could get him a Raptor,” Favre wrote in a January 2019 text.
How one cognitive test could help NFL teams find the next elite quarterback
Nicki Jhabvala, The Washington Post
Quarterbacks are priceless in the NFL, and the difference between a pretty good one and an exceptional one can be the difference between a playoff drought and a Super Bowl run. Moving up in the draft can improve a team’s odds of choosing a superstar, but that’s only half the challenge.
NFL poised to beat players’ bid to revive lawsuit over painkillers
Daniel Wiessner, Reuters
A U.S. appeals court on Tuesday seemed unlikely to revive a proposed class action lawsuit accusing the National Football League of allowing teams to over-prescribe painkillers to players so they could stay on the field while injured.
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New York Knicks legend Willis Reed dies at 80
Tim Bontemps, ESPN
Willis Reed, who won two NBA championships during his legendary career with the New York Knicks, has died, according to the National Basketball Retired Players Association. He was 80.
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MLB plans to announce rules tweaks, week before opening day
Ronald Blum, The Associated Press
Major League Baseball’s new pitch clock is going to undergo some timing adjustments before it is turned on for games that count. Baseball Commissioner Rob Manfred called the changes “significant” but also described them as “clarifications” based on input from players.
Mets launch Citi Field Cadillac Club, $25K for top seat
The Associated Press
New York announced Tuesday it will open a membership only speakeasy behind Citi Field’s right field fence this season called The Cadillac Club at Payson’s, in honor of founding owner Joan Whitney Payson. Memberships in the first row cost $24,999 per seat, team spokeswoman Katie Agostin said.
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Pitino returns to big stage at St. John’s: ‘I’ve earned it’
Ralph D. Russo, The Associated Press
The video banner above the entrance to Madison Square Garden on Tuesday read: “Welcome Rick Pitino.” More like welcome back for the new St. John’s coach.
We got questions: Tobin Anderson’s whirlwind week ends with new gig at Iona
Pete Thamel, ESPN
Anderson caught America’s attention with Fairleigh Dickinson; now he’s set to replace Rick Pitino at Iona.
How Las Vegas became a host city for the NCAA West Regional
David Purdum, ESPN
David Purdum explores the story behind how one of the biggest events in college basketball was brought to the American epicenter of sports betting.
The Football Play That Sent Two College Basketball Teams to the Sweet 16
Andrew Beaton, The Wall Street Journal
With their seasons at stake in the NCAA tournament, Kansas State and Florida Atlantic used plays inspired by football to beat the press—an idea that has been stolen a few times.
March Madness 2023: Financial Upsets Erase Chalk In Women’s Bracket
Emily Caron, Sportico
A pair of No. 1 seeds—Indiana and Stanford—were knocked out of the women’s NCAA tournament in the opening weekend, the first time two top-seeded contenders failed to reach the Sweet 16 since 1998. Yet only one of those surprise goodbyes doubled as a financial upset, and it was No. 8 Ole Miss’ stunning victory over No. 1 Stanford on Sunday.
College athletes get NIL education in Cash App’s new campaign
Gillian Follett, Ad Age
The four-part video series stars athletes including Olympian Jordan Chiles and rising basketball stars Juju Watkins and Jared McCain
College hoops staffs specialize to meet roster, NIL demands
Aaron Beard, The Associated Press
Kelvin Sampson has been around college basketball long enough to remember when preseason practices started in October following a true offseason, teams remained largely intact for multiple seasons and players weren’t permitted to pursue endorsement deals. It might as well be a different planet now.
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Shaq, Durant, Dwyane Wade Invest In Tiger’s TMRW Sports
Eben Novy-Williams, Sportico
Shaquille O’Neal, Dwyane Wade, Kevin Durant and Rich Kleiman have invested in TMRW Sports, the latest prominent celebrities to back the platform launched last year by golfers Tiger Woods and Rory McIlroy.
WBC returns in March 2026, retaining spring training slot
Ronald Blum, The Associated Press
The World Baseball Classic will return for its sixth edition in March 2026, with organizers concluding spring training remains a better time than after the World Series or in the middle of the major league season.
Olympics – Paris 2024 plans Games relay changes, fewer torches, source says
Karolos Grohmann and Julien Pretot, Reuters
Paris 2024 Olympic torchbearers may not all get to keep their torches as a cherished memento of the Games because organisers plan to cut down on the number made in the name of sustainability, a source told Reuters.
Nike’s holiday quarter plagued by bloated inventory, weak China sales
Gabrielle Fonrouge, CNBC
Nike easily beat Wall Street’s estimates for its holiday quarter earnings and revenue, although its bloated inventory continued to weigh on its margins and sales in China fell short of expectations.
How insurance brand Acrisure used stadium naming rights deals to spark new marketing approach
Jon Springer, Ad Age
CMO Elliott Bundy on how the insurance and fintech player jump-started awareness by putting its name on Pittsburgh Steelers stadium and other venues.
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Opinions, Perspectives and Research
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