Sports
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Essential sports industry news & intel to start your day.
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September 21, 2022
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Today’s Top News
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Sources close to the situation said the NBA, NHL and MLB are expected to soon begin buyout talks with Diamond Sports Group LLC, which operates 21 regional Bally Sports networks and is said to be possibly headed to a bankruptcy filing as it hemorrhages cash. Sinclair Broadcast Group Inc., which owns Diamond Sports, is expected to propose giving Diamond’s equity to creditors and selling the operation — which insiders say may fetch $3 billion — to the trio of professional sports leagues, sources said. (New York Post)
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Qatar does not intend to punish soccer fans caught committing minor offenses such as public drunkenness at the upcoming World Cup, according to people familiar with Qatari briefings to foreign police. Public drunkenness can normally result in a prison sentence of up to six months, but World Cup organizers told diplomats and police from participating soccer countries that they intend to be flexible toward minor infractions. (Reuters)
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The San Francisco Giants will announce today that three-time World Series champion Buster Posey has joined his former team’s ownership group, which includes 30 partners. Posey, whose specific ownership stake was not disclosed but is said to be “almost certainly very small,” will also serve on the Giants’ board of directors. (The New York Times)
- The Colorado Avalanche signed Nathan MacKinnon to an eight-year contract worth $100.8 million, making him the highest-paid NHL player, with a $12.6 million annual salary, according to a person with knowledge of the situation. MacKinnon’s salary surpasses that of the Edmonton Oilers’ Connor McDavid, who set the prior record after signing an eight-year, $100 deal with the team in 2017. (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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MNF doubleheader ratings offer good news and bad
Paulsen, Sports Media Watch
Vikings-Eagles averaged 12.86 million viewers on ABC and Titans-Bills 7.92 million on ESPN, ESPN2 and ESPN Deportes in a split Week 2 Monday Night Football doubleheader, with the two games combining to average 20.6 million in the two hours in which they overlapped.
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Fan arrested for allegedly throwing bottle at Cleveland Browns owner Jimmy Haslam on Sunday
Jake Trotter, ESPN
A fan was arrested for allegedly throwing a water bottle at Cleveland Browns owner Jimmy Haslam in the final moments of Sunday’s loss to the New York Jets. Jeffrey Miller, 51, was arrested Sunday on complaints of assault, failure to comply with a lawful order, disorderly conduct, according to the police report.
Thomas, Revis, Freeney headline 1st time Hall candidates
Josh Dubow, The Associated Press
Six-time All-Pro offensive lineman Joe Thomas, shutdown cornerback Darrelle Revis and speedy pass rusher Dwight Freeney headline the list of nine first-year eligible players picked among the 129 nominees for the 2023 class of the Pro Football Hall of Fame.
N.F.L. Players Union Quietly Seeks New Leadership
Ken Belson, The New York Times
The group’s executive director, DeMaurice Smith, was nearly ousted from the role after negotiating a contentious 2020 labor deal. Candidates are lining up to replace him as soon as next year.
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P.K. Subban, Zdeno Chara announce NHL retirements on same day
Justin Tasch, New York Post
A pair of Norris Trophy winners announced their retirements from the NHL on Tuesday morning. P.K. Subban revealed on social media he was leaving the league after 13 seasons, right after Zdeno Chara posted on Instagram that he was hanging up his skates after 24 seasons, signing a one-day deal to retire with the Bruins.
Arizona Coyotes land NHL’s first Native American jersey sponsor, sign multiyear agreement with Gila River Indian Community
Greg Wyshynski, ESPN
The Arizona Coyotes have announced a multiyear sponsorship agreement with the Gila River Indian Community, marking the first time that a Native American tribe will have advertising on an NHL team jersey. Players will wear patches for Gila River Resorts & Casinos on their home jerseys this season, the first time the NHL is allowing teams to have advertisements on their sweaters.
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Qatar’s World Cup preparations: Are the 2022 hosts ready for November?
Mark Ogden, ESPN
The 2022 World Cup is just two months away. Twelve years after being awarded the rights to host the tournament, the tiny Gulf state of Qatar has built the stadiums, opened five-lane highways and a $36 billion Metro system, and undertaken a huge construction effort on a grueling timeline to ensure that fans from all over the world can attend the four-week competition.
Chelsea sack senior executive after claims of sexual harassment over inappropriate messages
Matt Law, The Telegraph
Club terminated contract of commercial director after allegations that included sending sexually explicit video to a football finance agent.
In land of Maradona and Messi, fans jostle for World Cup stickers
Lucila Sigal, Reuters
In convenience stores around Argentina, kids – and their parents – are caught up in a new craze: the hunt for soccer World Cup stickers that have driven the already sport-mad country into a frenzy and left many shops with no stock left to sell.
Barcelona forecast 274 mln euros profit this season
Manasi Pathak, Reuters
Barcelona said it recorded a profit of 98 million euros ($98.27 million) for the 2021-22 financial year and forecast a 274 million euros profit for this season.
Ares Weighs Joining Bid for French Football Team Lyon
Irene Garcia Perez et al., Bloomberg
The alternative asset manager is in talks about potentially backing Textor’s bid for the French club’s owner OL Groupe SA, according to the people, who asked not to be identified because the information is private. Textor has been seeking additional capital after US investor Bill Foley indicated he may significantly scale back his funding commitment to the deal, the people said.
Rights groups ask sponsors to press FIFA, Qatar on migrant worker compensation
Shrivathsa Sridhar, Reuters
FIFA’s partners and World Cup sponsors must urge world soccer’s governing body and the Qatari government to compensate migrant workers who suffered while preparing the nation for the event, Human Rights Watch, Amnesty International and FairSquare said on Tuesday.
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Roger Federer to discuss his retirement on Wednesday
Howard Fendrich, The Associated Press
In Roger Federer’s case, the farewell news conference will come before the beginning of what he’s said will be the last competitive tennis event of his career. Federer is in London and has been practicing ahead of the Laver Cup, an event founded by his management team that begins Friday with the fifth edition of its Team Europe vs. Team World format.
LIV Golf players urge OWGR chairman to grant ranking points
Frank Pingue, Reuters
All 48 players who competed at LIV Golf’s event outside Chicago over the weekend sent a joint letter to Official World Golf Ranking (OWGR) Chairman Peter Dawson urging him to award ranking points to competitors on the Saudi Arabia-backed series.
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Girls Are Leaving High School Basketball, and Here’s Why
Rachel Bachman, The Wall Street Journal
More sports options, single-sport athletes and the physical demands of the game have depressed participation even as the women’s college and pro games grow.
Two veteran sports execs launch firm aiming to invest up to $50M in early-stage companies
Lillian Rizzo, CNBC
Two longtime sports executives are launching an investment firm they say will back startups capitalizing on the growing opportunities at the intersection of sports, media and entertainment. Velocity Capital Management said Tuesday it will invest up to $50 million in early-stage companies with enterprise values of up to $2 billion.
Despite War and Griner’s Arrest, American Men Hoop in Russia
Jonathan Abrams, The New York Times
While American female basketball players have largely stayed away from Russia, dozens of American men have sought pay and career development in the country.
Pickleball is exploding, and it’s getting messy
Rick Maese, The Washington Post
With multiple pro tours and new venues everywhere, pickleball’s growth shows no signs of slowing down.
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Opinions, Editorials, Perspectives and Research
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How the NFL blocks Black coaches
Dave Sheinin et al., The Washington Post
Nearly two decades after the NFL enacted the Rooney Rule, teams’ hiring and firing practices still disadvantage Black coaches at every turn — and it’s getting worse, a Post investigation found.
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