BIG3 Announces Miami Expansion in $10 Million Deal BIG3 by BIG3 - June 15, 20240 Go to Source Author: Braden Stuchen LOS ANGELES–(BUSINESS WIRE)–Today, the BIG3 announced that a group of investors led by media, sports, real estate, and hospitality executive Heath Freeman has purchased the rights to the second-ever location-based BIG3 franchise with plans to base the team in Miami. Freeman will take ownership for the 2025 season, when all BIG3 teams will represent home markets. This announcement follows the purchase of rights to the LA-based BIG3 franchise by an ownership group led by DCB Sports, also for a reported $10 million, with both teams debuting in the BIG3’s eighth season in 2025. “I am honored to join Ice Cube and Jeff Kwatinetz at the BIG3 and bring a new professional basketball team to Miami,” said Freeman.
Manfred Wants Vote On A’s Move To Vegas In November Uncategorized by Front Office Sports - September 28, 20230 Go to Source Author: Eric Fisher A formal vote on the Oakland A’s proposed relocation to Las Vegas is now targeted for November. MLB commissioner Rob Manfred intends to bring the measure before team owners for ratification during league meetings scheduled for Nov. 14-16 in Arlington, Texas. Approval requires support from at least 23 of 30 clubs. If approved, the move would formalize MLB’s first club relocation since the Montreal Expos became the Washington Nationals in 2005, and just the second in the last 51 years after the Washington Senators became the Texas Rangers in 1972. Las Vegas will be the A’s fourth home since the franchise’s 1901 founding after prior stops in Philadelphia, Kansas City, and Oakland. An MLB relocation committee led by Milwaukee
Bay Area WNBA Expansion Latest Step In League Growth Uncategorized by Front Office Sports - September 27, 20230 Go to Source Author: David Rumsey The WNBA’s quest to expand beyond the league’s current 12 teams appears to be off and running. Golden State Warriors owner Joe Lacob is reportedly leading a group that’s set to bring a new team to the Bay Area. The WNBA franchise would play at the Warriors’ Chase Center and have headquarters at the NBA team’s practice facility in Oakland. An announcement is expected in October. WNBA expansion has been anticipated for some time now. Earlier this year, commissioner Cathy Engelbert said the league was eyeing a short list of 10 cities for new teams and hoping to add multiple franchises by 2025. In addition to the Bay Area, other cities likely still under consideration include Nashville, Toronto, Austin, Charlotte,
Amazon Gets Back-to-Back ‘Thursday Night Football’ Ratings Wins Uncategorized by Front Office Sports - September 26, 20230 Go to Source Author: Andrew Cohen Amazon has opened the NFL season with its two highest audiences for Thursday Night Football since Prime Video started streaming NFL games in 2017. Thursday’s Week 3 matchup between the New York Giants and the San Francisco 49ers averaged a 6.5 rating and 13.92 million viewers on Amazon Prime Video, making it the second-most watched NFL game ever on Prime Video, per SportsMedia Watch. It trails only the prior week’s Minnesota Vikings-Philadelphia Eagles game on TNF, which drew 15.05 million viewers as the most-streamed game in NFL history. Thursday Night Football is now averaging 14.48 million viewers through two games, a 21% increase over last year’s first two games (11.95M), and 71% more than the viewership for 2021’s
Hollywood Writers’ Deal Would Boost Sports Networks and Agencies Uncategorized by Front Office Sports - September 25, 20230 Go to Source Author: Eric Fisher The tentative deal to end the Hollywood writers’ strike after nearly five months will be welcome news for several sports-related companies and networks. TBS and TNT parent Warner Bros. Discovery previously projected a $300 million to $500 million hit in annual adjusted earnings due to the Hollywood strikes. French billionaire Francois-Henri Pinault recently completed his $7 billion acquisition of Creative Artists Agency — one of the largest agencies representing both athletes and Hollywood personnel — and can now begin to approach full operations. Late-night talk shows, which for decades have been an active promotional spot for sports figures, could return to new episodes in a matter of days and be among the first affected programs back on the
Texas, Oklahoma’s Big 12 Exit Could Have Cost $60M More Uncategorized by Front Office Sports - September 25, 20230 Go to Source Author: David Rumsey For Texas and Oklahoma, the price of leaving the Big 12 in 2024 and joining the SEC a year early could’ve been much higher. In 2021, when the two schools announced their decisions to leave the Big 12 in 2025, reports pointed to $160 million in forfeited TV revenue if the Longhorns and Sooners joined the SEC any earlier. However, earlier this year, when the Big 12 announced Texas and Oklahoma would depart in 2024, the cost was stated as $100 million combined. Now, new details of the buyout reported by USA Today are showing the convoluted nature of the agreement — and frustration from remaining Big 12 members. Texas and Oklahoma have continued to receive full revenue shares,
ESPN Beats Rival Fox in Deion Sanders Bowl Uncategorized by Front Office Sports - September 24, 20230 Go to Source Author: Michael McCarthy ESPN and Fox Sports went head-to-head with the so-called Deion Sanders Bowl last weekend with the former scoring a television win. Sanders and Colorado are the hottest story in sports, as evidenced by CBS News’ storied “60 Minutes” sending a crew to profile “Coach Prime” in Boulder, Colorado. On Saturday, ESPN and Fox — the ruling TV duopoly of college sports — both sent their pregame studio shows to Boulder to hype the Rocky Mountain grudge match between Colorado and Colorado State. But “College GameDay” more than doubled the audience of Fox’s rival “Big Noon Kickoff,” according to sources. With analyst Lee Corso making his 400th headgear pick, “College GameDay” averaged 2,267,000 viewers, peaking at 2,994,000 during its final hour
In Ryder Cup’s Shadow, Solheim Cup Captain Laments ‘Missed Opportunity’ Uncategorized by Front Office Sports - September 22, 20230 Go to Source Author: Doug Greenberg For just the third time in their combined histories — and the last time for the foreseeable future — the Solheim Cup and the Ryder Cup will be played in the same year, with the former teeing off Friday in Spain and the latter a week later from Italy. However, there’s still very little cross-promotion between the two team golf competitions — something a leader in the women’s game believes is a “missed opportunity.” “I thought this could have been marketed together as two weeks in Europe, two Cups [to play for],” said U.S. Solheim Cup team captain Stacy Lewis. “I wish that people could get the sponsorship things out of their head and let’s figure out how
England Women’s Team Resolves Pay Dispute After WWC Success Uncategorized by Front Office Sports - September 21, 20230 Go to Source Author: Eric Fisher As the controversy surrounding the Spanish women’s national team that won the 2023 Women’s World Cup continues, the runner-up England squad has resolved its own dispute with the country’s Football Association over compensation. Prior to the World Cup, FIFA disclosed plans to make direct payments to players ranging from $30,000 to $270,000 depending on where teams finished. English players, however, were frustrated about the lack of additional payments from the FA, as well as limitations on individual players’ ability to earn money from sponsorships. That frustration, which dates back to last year, led English players to issue a joint statement before the tournament that they were “disappointed that a resolution has still not been achieved.” Structural Changes Now, a month
Deion Sanders’ Impact Makes Tickets Pricier Than NFL Games Uncategorized by Front Office Sports - September 20, 20230 Go to Source Author: Andrew Cohen Coach Prime’s impact on college football stretches beyond Boulder as ticket demand surges to see the Deion Sanders-coached Colorado Buffaloes play Oregon in Eugene this Saturday. Before this season began, TickPick’s average purchase price for Colorado-Oregon was $93. Since Colorado has started 3-0 with wins over TCU, Nebraska, and Colorado State, the average purchase price for the Buffs’ upcoming matchup in Oregon has shot up 131% to $215. The average purchase price of the Oregon-Colorado game is also 115% more expensive than Oregon’s home average purchase price ($100). TickPick notes that Oregon-Colorado’s average ticket price is more expensive than 14 of 16 upcoming Week 3 NFL games. Only Bears-Chiefs and Raiders-Steelers are more expensive. For Oregon, their game