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Sportico Transactions: Moves and Mergers Roundup for Oct. 16
Welcome to Sportico’s transactions wire, a weekly rundown of personnel, partnerships, products and purchases across the sports business industry. PERSONNEL Timberwolves, Lynx Name Jamie Morningstar as Chief Commercial Officer The Minnesota Timberwolves and Lynx have appointed sports and entertainment executive Jamie Morningstar as chief commercial officer, a newly created position designed to deepen the organization’s […]
NCAA Sues DeWine Over Ohio’s ‘Unconstitutional’ Order
The NCAA on Friday sued Ohio Gov. Mike DeWine for violating the U.S. Constitution and state law through his allegedly “misguided attempt” to give colleges in his state “an unfair, unprecedented and unwarranted competitive advantage in stadiums and arenas throughout the country” via an executive order allowing certain athletes deemed ineligible under NCAA rules to […]
This Startup Is Thriving in the Frenetic Card-Breaking Industry
It’s a few minutes after 10 a.m. on a Wednesday in October, and Ben Zucker appears to be frustrated. The founder of collectibles startup Hot Hands Sports is livestreaming on TikTok to an audience of about 60 viewers, and he’s trying to entice the crowd to purchase a spot in an upcoming break, a term […]
The Jaguars Play 2 Home Games in London. They Only Make Money on 1
The Jacksonville Jaguars are playing a pair of “home” games in London this season. The economics of those contests, however, couldn’t be more different. The team’s last-second win over the Philadelphia Eagles last week in Tottenham Hotspur Stadium was organized and operated by the NFL, part of the league’s more standard rotation of all teams […]
Brewers Clinch Small-Market World Series—and Fox Should Be Fine
When the Milwaukee Brewers finished their NLCS sweep of the Los Angeles Dodgers on Thursday night, MLB commissioner Rob Manfred may have found himself scrambling for the Advil®. The Brew Crew’s 6-4 series clincher in Game 4 effectively kicked the legs out from under Manfred’s thesis that MLB requires a salary cap, as one of […]
ESPN Closing in on Deal for 24-Team CFP Expansion
Two years after the masterminds behind the College Football Playoff tripled the field from four to 12 teams, the annual postseason tournament is about to be expanded even further. CFP execs are zeroing in on a deal that will see 24 teams get invited to the playoff, with ESPN set to carry those additional games […]
NBA’s Second Apron Isn’t Squeezing the Middle Class
The NBA rarely responds publicly to comments made by a player, much less one who may not even play in the league this season. But remarks made last week by Bruce Brown, an eight-year NBA veteran fighting for a roster spot with the New York Knicks, garnered enough attention online that the league piped up. […]
From Forced Sale to Finals: Dream Reflect the WNBA’s Growth
The Atlanta Dream will take the court this weekend for their first WNBA Finals game in 13 years, a pinnacle achievement for the franchise with the lowest valuation in the league still undergoing a massive turnaround. Five years ago, the Dream made headlines for their political activism more than their on-court performance. In 2020 and […]
Sporticast: What If All MLB Tickets Were Free?
On the 595th Sporticast episode, hosts Scott Soshnick and Eben Novy-Williams discuss some of the biggest sports business stories of the week, including the latest in the baseball playoffs, where the Milwaukee Brewers have an early NLCS lead over the Los Angeles Dodgers. They also consider a ticketing thought experience. The hosts discuss Brewers ace […]
Cubs’ Defeat of Wrigley View Rooftop Faces Appeal
The Chicago Cubs secured a permanent injunction this month barring neighboring facility Wrigley View Rooftop from selling tickets to watch games, concerts and other events at Wrigley Field. It was a decisive win in a multiyear legal battle over how far neighboring companies can go in profiting from another business’s activities. But it doesn’t end […]
José E. Feliciano to Headline Sportico Invest New York
José E. Feliciano, co-founder of Clearlake Capital and Major League Baseball’s newest owner, will join Sportico Invest New York for a keynote conversation on Nov. 10 in New York City, offering a rare insider’s perspective on the forces reshaping the global sports industry. Feliciano and his wife Kwanza Jones, who will also join the conversation, […]
Players Era’s Trademark on Track as New Era Drops Its Objection
Players Era, the NIL-paying college sports tournament operator, moved a step closer to securing trademark rights to its own name after headwear giant New Era dropped its formal protest following an undisclosed settlement. In a motion filed last week with the U.S. Patent and Trademark Office (USPTO), New Era sought to withdraw its opposition to […]
Ohio Gov. DeWine’s NCAA Eligibility Order Could Face Lawsuit
As if the legal landscape for college athlete eligibility weren’t chaotic enough, Ohio Gov. Mike DeWine on Tuesday added a new twist that all but invites the NCAA to sue him. DeWine signed Executive Order 2026-04D, which authorizes Ohio colleges not to enforce NCAA eligibility rules regarding certain former Division I athletes from the high […]
Jacob Misiorowski Throws Fast. His Route to a Big Payday Is Far Slower
No pitcher has ever thrown as hard as Jacob Misiorowski in the history of Major League Baseball. And few have been as effective over a one-year run as the Milwaukee Brewers ace, who is likely to win the NL Cy Young award after posting a 1.80 ERA striking out almost 13 batters for every nine […]
‘Grand Theft Auto VI’ Release May Wreak Havoc on Sports Ratings
Steven Adams may have been joking when he issued his recent warning about a looming sports performance slump, but the big fella’s predictions about a huge video game franchise may prove to be no laughing matter for the leagues and their media partners. During a Q&A session with reporters late last month, the Houston Rockets […]
Court Skeptical of College Athletes’ Eligibility in Wisne-NCAA Case
The U.S. Court of Appeals for the 10th Circuit on Tuesday appeared likely to reverse a nationwide injunction allowing Division I athletes who began college play in 2022–23 and completed four years of eligibility to play another season against the NCAA’s wishes. While a ruling likely won’t be issued for weeks or months, a victory […]
Mike Elko Called the Fan Site TexAgs a ‘Cesspool.’ It’s Deep in Aggie Money
Texas A&M head football coach Mike Elko may have ventured onto financially sensitive ground when he lashed out at the Aggies’ largest fan site. During post-game remarks following Texas A&M’s 27-6 loss Saturday at then-No. 14 Missouri, Elko took aim at negative posters on TexAgs.com, deriding the website as “Billy’s cesspool” in a pointed reference […]
NYAC Turns Pandemic Signup Boom Into First Winter Sport Athlete
The New York Athletic Club is one of the most storied institutions in the history of American sports, and its athletes have won 321 Olympic medals, dating back to the first modern Games in 1896. But for its entire 158-year history, the NYAC had never supported a winter sport athlete. That’s changing this autumn. Lauren […]
Don’t Love Your Sports Apps? With AI, Fans Are Building Their Own
Jordan Lyall was sitting on his couch on a recent Saturday, trying to keep up with approximately 1 bajillion college football games across nearly that many streaming services, when he had an idea. Lyall pulled out his phone and began composing a message for Claude, the AI app from Anthropic. I want to build an […]
Sporticast: The Man City Problem
On the 594th Sporticast episode, hosts Scott Soshnick and Eben Novy-Williams discuss some of the biggest sports business stories of the week, including the latest in the ongoing saga of Manchester City’s alleged violations of English soccer’s financial fair play rules. The Emirati-owned soccer team is appealing a recent ruling that found it guilty on […]
NCAA Eligibility Litigation Court Showdown Arrives
Tuesday brings a key courtroom hearing in the ongoing legal battle over whether former Division I athletes who began college play in 2022–23 and completed four years of eligibility should be able to play another season against the NCAA’s wishes. At 9 a.m. CT, Judges Carolyn B. McHugh, Paul J. Kelly and Nancy L. Moritz […]
LIV Golf Bankruptcy Lands Law Firm in a Florida Sublease Hazard
There are well over a dozen law firms involved in the LIV Golf bankruptcy proceedings, but perhaps none has as personal—or immediate—a stake as Blank Rome LLP. Earlier this year, the Philadelphia-headquartered firm expanded its presence in Florida by adding a five-lawyer office in West Palm Beach. It set up shop in an unlikely location: […]
Will the NFL’s Prediction Market Push Influence Supreme Court?
The influence of an amicus brief depends entirely on the weight a court chooses to give it. An amicus brief, a legal document filed by a party not directly involved in the case, can be treated as a game-changer, be ignored altogether or fall somewhere in between. Odds are amicus briefs filed last Friday by […]
NCAA Won’t Commit to Future Concussion Research Funding
The CARE Consortium, the concussion research alliance launched in 2014 by the NCAA and Department of Defense, is nearing the end of its current, five-year phase. And while a grant proposal is currently before the Department of Defense to extend research support for another five years, the NCAA is noncommittal about its future funding of […]
WNBA Finals Pairs League’s Most and Least Valuable Teams
The WNBA will crown a first-time champion this year, as the Atlanta Dream and the Golden State Valkyries will contest the Finals beginning Oct. 17. The historic championship matchup will feature the W’s most and least valuable franchises, with the Valkyries topping Sportico’s latest rankings at $850 million and the Dream No. 13 at $280 […]