NWSL Franchise Deals Boost Growth in Women’s Sports
The Wave, a third-year franchise, has been acquired by the Levine Leichtman family from billionaire Ron Burkle. The two-stage agreement, which could later bring the team value to $120 million, accelerates what has already been a dramatic run-up in team prices in the last two years. Recent deals across the NWSL include: New franchises, including Bay Area FC and a forthcoming team in Boston, that each carried $53 million expansion fees.
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Read more at Front Office Sports
Women’s Soccer - Investing in Women’s Sports
Angel City FC Five years ago, the U.S. Women’s National Team turned a spotlight on the massive gender pay gap in sports. At the time, the women’s team had won four World Cups and four Olympic gold medals. Inequalities in funding subjected the women's team to subpar playing conditions, they said, and less aggressive promotion of their games.
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Read more at The Cut
Crown Legacy FC to Be Official Sleeve Sponsor in 2024
Crown Legacy FC will be featured on the sleeve of CLFC’s kit in 2024 CHARLOTTE, NC. Eleven Sports Media’s full-service agency is a leader in the creation and executive of community-driven sports partnerships. The partnership will debut on Sunday during the club's 2024 season opener against Carolina Core FC.
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Read more at Charlotte FC
Sports Streaming Joint Venture - Former Apple Executive Pete Distad to Take Over
Pete Distad worked at the iPhone maker for about a decade. he led teams that launched the Apple TV and the MLS Season Pass. He will now assume oversight of all aspects, including overall strategy, distribution and marketing.
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Read more at Yahoo Finance
College Football Playoffs - The Biggest Threat to College Football
sally kohn: it's time for the NCAA to offer our own forward-looking framework. she says the SEC and Big Ten already have all the advantages of college football. it could pave the way toward a bright future, she says, if it doesn't have to be zero-sum. kuohn: if a playoff is going to come about, it would be a great thing to do.
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Read more at ESPN
Sports-Focused Streaming Service
Fox, Disney and Warner Bros. Discovery announced a new sports-focused streaming service last month. Pete Distad will be responsible for strategy, distribution, marketing and sales of the new venture once it is formally established, working out of Los Angeles. Before joining Apple, Mr. Distatad helped start Hulu, the last major streaming joint venture.
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Read more at The New York Times
College Football Finals - New $1.3 Billion TV Deal With ESPN
The 10 FBS conferences and Notre Dame finalized a new $1.3 billion television contract with ESPN on Friday. The new contract is expected to pay the Big Ten and SEC 29% of the upcoming contract, sources told CBS Sports' Dennis Dodd, which works out to approximately $22 million per school. One proposed 14-team model would have guaranteed byes for the champions from the ACC and the Big 12.
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Read more at CBS Sports
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2024 NCAA Tournament Bracket Challenges
The 2024 men's and women's brackets will be announced on Selection Sunday, March 17. Fans will have to decide which team they think will cut down the nets in April when they fill out their brackets in March Madness pools. LSU and Iowa are both contenders as well.
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Read more at CBS Sports
Sports-Focused Streaming-Video Joint Venture - Peter Distad
Peter Distad has been named to lead the sports-focused streaming-video joint venture. Disney, Fox and Warner Bros. Discovery raised eyebrows in February. The idea behind the concept is that the streaming product would lure consumers who simply don’t subscribe to cable or satellite services.
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Read more at Variety