Sports Business

NFL Stars Jason and Travis Kelce Sign $100 Million Podcast Deal with Wondery

Jason and Travis Kelce have secured a $100 million exclusive podcast distribution deal with Wondery, granting Amazon's podcast network exclusive rights to their "New Heights" podcast, while retaining the option for future lucrative deals.

Apple Launches Apple Sports: A New Era for Sports Fans

Why Would Usher Do the Super Bowl for Free?

Apple Music pumps $50 million annually into the halftime show sponsorship, enabling the NFL to allocate a substantial budget, around $15 million, to the featured artist. This budget covers everything from production costs to employing thousands of part-time workers.

Disney, Fox, and Warner Bros. Discovery to Unveil Joint Sports Streaming Platform

The decision to forge ahead with a joint service reflects a pivotal recognition among competitors that the value of sports media rights continues to escalate, even as viewership patterns undergo significant transformation.

How Two Brothers Made $800 Million from the NBA Without Owning a Team

The saga begins with humble origins, rooted in the industrious spirit of two brothers born in New Jersey to Latvian immigrants during the 1930s. Following their father's footsteps, Ozzie and Daniel honed

Beyond the Social Media Snapshot: A Deeper Look at the Real Las Vegas Grand Prix Experience

Contrary to the perception of emptiness, people were actively spending money. Formula 1 merchandise, known for its steep prices, saw a high demand, with stores crowded by enthusiasts eager to purchase items before they sold out

ESPN BET: A High-Stakes Gamble on the Sports Betting Frontier

ESPN, the global sports media giant, is poised to launch its much-anticipated sportsbook, ESPN BET, following a strategic licensing deal with Penn Entertainment. In a move that echoes the dynamic landscape of the sports betting industry

From a Niche Start-up to a Football Analytics Giant

PFF started as a small venture in Luton, England, driven by a passion for American football and a desire to revolutionize the way the sport was analyzed.

Record Revenue, Growing Valuations, and New Challenges

The NBA's remarkable financial success is underpinned by a diverse array of revenue streams. Approximately 25% of its annual revenue is derived from a $24 billion, 9-year television rights deal with ESPN and TNT, yielding $2.6 billion annually.

Exploring the Prospects of a Salary Cap in the Premier League

One striking aspect of the proposed salary cap is its "rigid" structure, which would not consider each club's annual revenue when determining the cap.

Netflix Scores Knockout Deal with TKO Group, Bringing WWE's "Raw" to Streaming

Netflix has ventured into the world of live sports entertainment by securing a groundbreaking deal with TKO Group, the holding company for both UFC and WWE. The highlight of this collaboration is the inclusion of WWE's flagship program, "Raw,"

Austyn McFadden

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September 25, 2024