The average Major League Soccer (MLS) franchise is now worth US$852 million, a 55 percent increase on last year’s value, according to Sportico’s latest estimations. Click here to read the story at sportspromedia.com. Discussion Questions: Given that all professional sports teams generate a profit, why would anyone want to purchase a Read more…
The NHL is debuting digitally enhanced dasherboards (DED) for all games this season that will “erase and replace” the advertising found on arena rink boards with virtual ads on broadcasts. Click here to read the story at espn.com. Discussion Questions: What is sponsorship? Why do brands sponsor sports teams and Read more…
Walt Disney’s convoluted flow chart of revenue streams is getting a new addition. Earlier this month, Disney released the first batch of trading cards from its upcoming game, “Lorcana,” and they’re already fetching $2k+ on the resale market, per Polygon. Click here to read the story at thehustle.co. Discussion Questions: Read more…
Amazon’s first broadcast of “Thursday Night Football” attracted a record number of new Prime signups over a three-hour period, more than during similar periods on Prime Day or other big shopping days such as Black Friday and Cyber Monday, an executive said in a memo viewed by CNBC. Click here Read more…
The Chicago Bears offered up the first look at their conceptual plans for their potential new home in Arlington Heights, releasing a letter to residents ahead of a community meeting to discuss their massive design. Click here to read the story at nbcchicago.com. Discussion Questions: As it relates to the Read more…
Amid national concerns over inflation and a potential recession, the sports league likely resting easiest at night is the NFL. In 2021, NFL franchises averaged more than 67,000 fans at home games, marking a 1% increase over the pre-pandemic year of 2019 and ending a three-year attendance decline. Click here to read Read more…
The Big Ten’s new $7 billion media rights deal will string the conference’s top football games across three major networks each week, creating an NFL-style television schedule on Saturdays. Click here to read the story at news.yahoo.com. Discussion Questions: What are media rights? Why are media rights important to a Read more…
If you’re a New York Islanders fan, there is no need to revisit the pain you suffered in recent years when the team struggled to find a reliable, viable home. Not with the opening last year of UBS Arena, a comfortable, tech-filled home for hockey and events that should serve Read more…
Shares of Six Flags Entertainment Corp. plunged Thursday, to suffer the third-worst performance in the theme park operator’s 12-year public history, after a big miss in attendance led to a surprise drop in second-quarter revenue, even as spending-per-guest jumped. Click here to read the story at marketwatch.com. Discussion Questions: What Read more…
Ohio State needs $13 million through name, image and likeness deals to maintain its football roster beyond next season. Click here to read the story at usatoday.com. Discussion Questions: What is NIL? How did NIL change the landscape of college athletics? How are NIL deals currently regulated? Do you think college athletes Read more…