Sports Business

Sports Business '15 to Watch': Top sports issues

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Sports Business '15 to Watch': Top sports issues

1. NFL camps open. Packers numbers offer a rare glimpse of NFL economics through public records. As originally reported by the Milwaukee Journal Sentinel, but in an article found and accessed from the Sportsmanias app, the site that provides fans with real-time information on their favorite teams, the Green Bay Packers posted record revenues of $375.5 million for the 12 months ended March 31, 2015. The Packers reported $226 million of national revenues, up 20.6%, meaning the league distributed $7.2 billion to its 32 teams. Packers President & CEO Mark Murphy said that the team ranks ninth in total revenues. The 20 percent increase in revenues is consistent with the new marketing deals, international development, television payments, and the like. Roger Goodell never sleeps, challenging his staff to reach $25 billion in total annual revenues by the end of the labor deal.

2. College football kickoff only one month away! The NCAA will distribute $18.9 million to D-I schools this year to help them pay for cost-of-attendance scholarships, additional food for athletes, or various academic projects. Each of the nearly 350 D-I schools will get an equal share of the money, meaning the schools will receive about $55,000 apiece. Athletic directors, conferences, and school presidents all grappling with the new economic realities: “bidding” for high school superstars while generating enough revenue to support other sports. This helps!

3. NHL in Vegas? After receiving fewer bids than expected, NHL Commissioner Gary Bettman said league expansion isn’t guaranteed. Sixteen expansion applications were requested from the league, but only bids from Las Vegas and Quebec City were actually submitted. Bidders were required to submit a $10 million deposit, $2 million of which was non-refundable. There are many possible reasons for this: Vegas appearing the clear winner, others in line for potential Arizona Coyotes relocation, arena problems in applicant cities, etc.

4. Sacramento Mayor Kevin Johnson: U.S. Conference of Mayors Chairman, former Phoenix Suns All-Star, Sacramento cheerleader, now arena developer. A Sacramento judge handed Sacramento a resounding victory by rejecting a lawsuit challenging the city’s 2014 deal with the Kings to subsidize a new downtown arena. City officials said that they plan to move forward in the next few weeks on their stalled plans to finance their share of arena construction. As in all sports, leagues are no stronger than their respective weakest arena links. NBA on its way to resolving all problems. Kudos again to Adam Silver.

5. Heading to Whistling Straits and golf’s final Major – two weeks away. While it may come as a surprise that golf superstar and Lagardere Unlimited client Jordan Spieth has not yet cracked the London School of Marketing rankings of the most marketable athletes, don't shed too many tears for the Texas born golfer. In just four events on the PGA Tour this year — the Masters he won in April, the U.S. Open he won in June, the John Deere Classic he won in July, and the British Open - Spieth had winnings of $4,906,377, sending his prize money for the year to $9,170,215. London School of Marketing top five: Roger Federer, Tiger Woods, Phil Mickelson, LeBron James, Kevin Durant. Lagardere’s strategy has been to selectively choose long-term corporate partners – and it is clearly paying off. Spieth will be a marketing and endorsement force in sports and entertainment for decades to come!

6. MLB diversity and creativity: Boston Red Sox. Fenway Park next year will host a big air snowboarding and freeskiing U.S. Grand Prix tour stop. The event is the culmination of a two-year effort by the U.S. Ski & Snowboard Association to attempt a large-scale urban event. Fenway Sports and the USSA will split the costs and revenue from the event. Key for new or renovated stadiums these days is diversity and creativity – football, concerts, soccer, etc. But skiing?? Kudos to the Red Sox.

7. Protecting the Wildcat image? The University of Kentucky issued Drake a cease-and-desist letter after the rapper’s appearance at the school's Big Blue Madness event because of illegal contact with recruits. Kentucky's compliance office self-reported to the NCAA the impermissible communication between Drake and three potential student-athletes. Coach John Calipari always is the center of attention (if not controversy). His methods are usually successful, but his “one and done” generates some ire and suspicion (though mostly respect). An example of bending over backwards to be extremely careful to protect and cultivate a positive image inside and outside the NCAA.

8. Arizona Coyotes Band-Aid. As originally reported by the Arizona Republic, but in an article found and accessed from the Sportsmanias app, the site that provides fans with real-time information on their favorite teams, the Arizona Coyotes and the city of Glendale agreed to a new lease deal that will keep the team at Gila River Arena through the 2017 season. The deal trims the management fee the city pays annually to the Coyotes from $15 million to $6.5 million and shifts all hockey-related revenue to the team instead of Glendale. Short-term solution may be another reason for only two expansion applications this time around. Word may have been sent that relocating the Coyotes is possible in the near future. Stay tuned.

9. NBA logo and the retired superstar. NBA officials are in discussions with Nike over how the company’s Jordan Brand Jumpman logo will be folded into the league’s new apparel deal, according to John Lombardo of SportsBusiness Journal. The eight-year, $1 billion deal between Nike and the NBA takes effect with the 2017-18 season. The Jerry West silhouette gives way to the Jordan NBA logo – how much is it worth at the league level? I think we will see.

10. Giants and Cubs marketing superstars. San Francisco Giants P Madison Bumgarner tops the list of MLB jersey sales at the league's official online shop from Opening Day to the All-Star Game. Last season's World Series MVP appears on the list for the first time, as does Chicago Cubs 3B Kris Bryant, whose second-place ranking is the highest of any rookie since the league and MLBPA began releasing jersey sales rankings in 2010. Giants attendance at 99.4 percent capacity and Cubs at 89.2 percent capacity, an ongoing testament to the value of the young and rookie superstar.

11. Jaguars and NFL look to the young fan and Internet future. The Jacksonville Jaguars are the first team in the NFL to launch their own fully functional emoji keyboard. Several players, including QB Blake Bortles and RB Denard Robinson, signed off on the emoji characters in their image. The initiative is part of the team’s #MOREJAX marketing and digital campaign. Hopefully, the emoji keycard can reflect more happy faces than negative faces this year!

12. NHL preparing for international games and corresponding revenue. The NHL and NHLPA reportedly are seeking $8 million for on-jersey ads for all eight teams participating in the upcoming World Cup of Hockey. Advertisers said that the league and the union also are selling virtual advertising on rink dasher boards for the first time. Everyone thought the World Cup would be a success for all; as the league and NFLPA receive a revenue bonanza, this process should begin to validate Bettman’s vision on this issue.

13. The demise of the “pigeon game?” The Sun Belt Conference wants the league's football programs to cut back on the number of big money, non-conference games against Power Five schools. The combined schedules this season of the 11 Sun Belt teams include 35 non-conference games against other FBS conferences, with 19 of them against Power Five teams. The huge payday for smaller schools against overmatching Power Five opponents may be coming to an end – even though it meant more visibility, exposure, and revenue for emerging schools.

14. NFL training camps open Part 2: Vikings on the hot seat. Radisson hotels is ending its sponsorship of the Minnesota Vikings after suspending its partnership with the team in September following RB Adrian Peterson’s child abuse arrest. Radisson had a one-year deal to put its logo on the Vikings' press conference backdrop, and is letting the deal expire without renegotiation talks. The remaking of Peterson’s image will be a work in progress through the season – nothing that contrition and 1,500 yards can’t fix!

15. Media increasingly careful about image. Colin Cowherd has been pulled from the air by ESPN for offensive comments he made about Dominican baseball players on his radio show. THE MLBPA reportedly considered withholding support from ESPN if the network didn't take action against Cowherd. Radio and television superstar “musical chairs” has actually given way to a careful retrospective on image among the major media moguls and networks.

NBC Sports Chicago provides extensive coverage of Bulls and Blackhawks drafts

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NBC Sports Chicago

NBC Sports Chicago provides extensive coverage of Bulls and Blackhawks drafts

Chicago, IL (June 19, 2018) – With the Chicago Bulls holding the #7 overall pick of the 2019 NBA Draft and the Chicago Blackhawks holding the #3 overall pick of the 2019 NHL Draft, NBC Sports Chicago - THE Home of the #AuthenticFan - is set to provide fans with extensive multi-platform coverage of both drafts on Thursday, June 20 and Friday, June 21.  Please note NBC Sports Chicago’s draft coverage details below:

 

THURSDAY, JUNE 20 -- BULLS/NBA Draft coverage

  • 11:00 AM & 2:00 PM CT -- “The 2019 NBA Draft Preview Show” - NBC Sports National NBA Insider Tom Haberstroh (@tomhaberstroh) previews the upcoming draft featuring NBC Sports Regional Networks NBA experts from coast-to-coast, including NBC Sports Chicago’s Mark Schanowski. Hosted by NBC Sports Philadelphia’s Amy Fadool, “The 2019 NBA Draft Preview Show” will be presented in two live airings this day and fans can submit their draft questions to the panel by utilizing the Twitter hashtag #NBAdraftNBC (NOTE: This digital-exclusive presentation will stream live on NBCSportsChicago.com and via the “MyTeams by NBC Sports” app; fans located anywhere in the U.S. can download MyTeams for free on iOS and Android devices in the Apple App Store and Google Play Store.)
  • 6:00 PM -- “SportsTalk Live presented by The Chevy Silverado” - Special NBA Draft preview edition LIVE from the Bulls/NBA Draft headquarters at the Advocate Center. (NOTE: Live stream available to authenticated NBC Sports Chicago subscribers at NBCSportsChicago.com/WatchLive
  • Between 7:30-8:30 PM (time approx.) -- Live #7 pick reaction/commentary from NBC Sports Chicago’s Bulls experts Mark Schanowski, Kendall Gill, and Will Perdue via an extended Periscope segment on the network’s dedicated Bulls Twitter handle (@NBCSBulls), which will include the trio’s responses to fan questions and comments.
  • 10:30 PM -- “Bulls Draft Special presented by BlueCross BlueShield of Illinois” - Featuring Schanowski, Gill, and Perdue live from the Advocate Center, the Bulls Draft Special will dive into detailed discussion surrounding the Bulls first and second round picks, along with showcasing podium moment highlights/interviews featuring the new Bulls rookie from the Barclays Center in Brooklyn, NY, an overview of every trade made throughout the evening, plus, post-draft press conference coverage featuring Bulls Executive VP/Basketball Operations John Paxson, along with a post-draft recap interview with Haberstroh. (NOTE: Live stream also available to authenticated NBC Sports Chicago subscribers at NBCSportsChicago.com/WatchLive and via the “MyTeams by NBC Sports” app.)
  • 11:00 PM -- “Bulls Outsiders: Draft Special” - Hosts Matt Peck, David Watson, and John Sabine recap the NBA Draft from their perspective, along with their thoughts on how the Bulls first round pick will impact next season’s roster.  In addition, the Bulls Outsiders: Draft Special will also emphasize heavy viewer interaction via fan engagement on a number of the network’s social media platforms including Twitter (@NBCSBulls; fans urged to utilize the Twitter hashtag #BullsOutsiders in their posts) and Facebook Live (Facebook.com/NBCSChicago). (NOTE: Live stream also available to authenticated NBC Sports Chicago subscribers at NBCSportsChicago.com/WatchLive and via the “MyTeams by NBC Sports” app.)
  • NBCSportsChicago.com/”MyTeams by NBC Sports” app – NBC Sports Chicago’s Bulls digital reporter/producer Mark Strotman will also provide fans with thorough digital coverage of the NBA Draft from the Advocate Center on Thursday night, which will include real-time coverage/commentary throughout the night via @NBCSBulls and on the “MyTeams by NBC Sports” app.  In addition, “Sights & Sounds” moments from the Advocate Center will be provided from ‘NBCSChicago’ through Instagram and Instagram Stories. For full NBA Draft content and videos, fans are urged to visit the network’s dedicated Bulls section at NBCSportsChicago.com/Bulls.  
  • “Bulls Talk PODCAST presented by Coors Light” - Bulls fans can also download NBA Draft preview/recap editions of NBC Sports Chicago’s “Bulls Talk PODCAST” throughout the week. Fans can download all of NBC Sports Chicago’s podcasts at NBCSportsChicago.com/podcasts and simply subscribe to them via Apple Podcasts, Google Play or Stitcher.  The podcasts can be played on any mobile device, laptop, or desktop computer.

 

FRIDAY, JUNE 21 -- BLACKHAWKS/NHL Draft coverage

  • 6:00 PM CT -- “SportsTalk Live presented by The Chevy Silverado” - Special NHL Draft preview edition featuring on-site, pre-draft reports from NBC Sports Chicago Blackhawks expert Pat Boyle and Blackhawks digital reporter/producer Charlie Roumeliotis LIVE from Rogers Arena in Vancouver, B.C. (NOTE: Live stream available to authenticated NBC Sports Chicago subscribers at NBCSportsChicago.com/WatchLive
  • 6:30 PM -- 2019 NHL Draft (LIVE on NBCSN) – NBCSN will provide live first round coverage of the 2019 NHL Draft from Rogers Arena, which will feature in-depth player profile coverage of the Blackhawks #3 overall pick (live stream available via NBCSports.com and the NBC Sports app). Liam McHugh and Kathryn Tappen will host coverage alongside Emmy Award-winning analyst Pierre McGuire and NHL Insiders Bob McKenzie, Craig Button, and Darren Dreger.
  • NBCSportsChicago.com/”MyTeams by NBC Sports” app (Blackhawks draft coverage presented by Elgin Hyundai/Dundee Ford) – Boyle and Roumeliotis will be on location in Vancouver throughout the weekend providing fans with thorough digital coverage of the Draft, which will include draft capsules of every Blackhawks draft pick, along with scheduled interviews featuring Blackhawks SVP/GM Stan Bowman and VP/Amateur Scouting Mark Kelley. NBC Sports Chicago will also deliver up-to-the-minute coverage/commentary throughout the weekend via NBC Sports Chicago’s dedicated Blackhawks Twitter handle @NBCSBlackhawks and on the “MyTeams by NBC Sports” app. In addition, “Sights & Sounds” moments from Rogers Arena will be provided from ‘NBCSChicago’ through Instagram and Instagram Stories. For full NHL Draft player profiles, content, and videos, fans are urged to visit the network’s dedicated Blackhawks section at NBCSportsChicago.com/Blackhawks.    
  • “Blackhawks Talk PODCAST presented by ChevyDrivesChicago.com” - NBC Sports Chicago will also deliver NHL Draft preview/recap editions of its “Blackhawks Talk PODCAST” featuring Boyle, Roumeliotis, along with special guest interviews. Fans can download all of NBC Sports Chicago’s podcasts at NBCSportsChicago.com/podcasts and simply subscribe to them via Apple Podcasts, Google Play or Stitcher.  The podcasts can be played on any mobile device, laptop, or desktop computer.

 

 

NBC Sports Chicago, a partnership between the Chicago Blackhawks (NHL), Chicago Bulls (NBA), Chicago Cubs (MLB), Chicago White Sox (MLB) and the NBC Sports Group, features over 275 live pro games in high definition each year.  In addition, NBC Sports Chicago delivers extensive pre/post-game coverage for its core pro team partners, as well as Chicago Bears postgame coverage, local sports discussion programs that includes SportsTalk Live, and massive cross-platform coverage provided by the network’s growing digital platform, NBCSportsChicago.com, the new “MyTeams by NBC Sports” app, and its variety of fan-focused social media outlets. Fans can follow the network on Twitter via @NBCSChicago.  

 

NBC Sports Regional Networks is NBC Sports Group’s portfolio of nine regional networks that delivers more than 2,200 live sporting events and original content to more than 35 million homes. Aligned within Eastern and Western Divisions, the NBC Sports Regional Networks are: NBC Sports Boston, NBC Sports Philadelphia, NBC Sports Philadelphia +, NBC Sports Washington, NBC Sports Washington + and SNY; and NBC Sports Bay Area, NBC Sports California, NBC Sports Chicago/NBC Sports Chicago+, and NBC Sports Northwest. For more information on NBC Sports Group properties, including press releases, photos, talent and executive bios, headshots and logos, please visit www.NBCSportsGroupPressBox.com.

 

 

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Both Illinois House and Senate pass bill to legalize sports gambling

Both Illinois House and Senate pass bill to legalize sports gambling

When the Supreme Court lifted the federal restriction on legal sports betting outside of Nevada in May 2018, it was off to the races to see which states would legalize sports betting and how it would happen.

Illinois is on the verge of that happening following a legal sports betting bill getting passed in both the Illinois House and Senate. It passed 87-27 in the House on Saturday and passed 46-10 in the Senate on Sunday. All that is missing is governor J.B. Pritzker’s signature, but he is expected to sign given he has been a proponent of legal sports betting.

The bill would allow for betting in sports venues such at Soldier Field or the United Center, but it isn’t yet clear how that would be implemented. Betting on Illinois college teams would be banned as part of the proposal.

Sports betting would be taxed at 15 percent.

Additionally, the bill includes casinos that would be built in Chicago as well as Waukegan and the south suburbs. The bill would also make it possible to have slot machines at O’Hare and Midway airports.

It is not clear when the bill would take effect.