JohnWallStreet

491 Flips | 42 Magazines | 1 Follower | @JohnWallStreet | At The Intersection of Sports & Finance

Pro Wrestling Business Experiencing Boom

The pro wrestling business is experiencing a boom, as evidenced by the newly signed U.S. broadcast television deals for WWE “Monday Night RAW” and …

College Football to Experience Dramatic Rise in Naming Rights Deals

The value of college football stadium naming rights deals has skyrocketed over the last 3 years, with the average annual fee now exceeding $1 …

Los Angeles

FanDuel Wins July Leg of NJ Sports Betting Race, Mobile App on Deck

New Jersey’s 5 licensed sports-betting operators shared $3.8 million in total revenue during the month of July, the slowest month on the sporting …

FanDuel

Adidas To Become First Brand to Live Stream High School Football on Twitter

Adidas (in collaboration with Intersport) will become the first brand to “live stream high school football games on Twitter”, when it kicks off its …

High School Football

Coca-Cola Invests in BodyArmor, To Challenge Gatorade (PepsiCo)

Coca-Cola (<b>KO</b>) has made a minority investment in the sports drink BodyArmor, as it once again (think: Powerade, Honest Brand) looks to shake up …

Andrew Luck

Italy Issues Blanket Ban on Gambling Advertising, Sponsorships

Effective January 1st, 2019, all forms of gambling advertising and sponsorships will be banned under Italian law. Gambling operators, media outlets, …

Wall Street

WNBA Franchise Forfeits Game Following Commercial Air Delays, Cancellations

The Las Vegas Aces became the 1st team in WNBA history to forfeit a game after electing not to play in their August 3rdcontest against the Washington …

Lawsuit Could Result in NCAA Adopting “Olympic Model”

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NBA Becomes First U.S. League to Sign Official Sports Betting Partnership

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APM Sports Exec Explains Why Pro Sports Teams Require Custom Tracks

If you’ve ever watched Monday Night Football, you’re familiar with this song. Interestingly, ABC/ESPN does not own the ballad entitled “Heavy …

Why Does Pay-For-Play Work for Basketball, But Not Soccer?

A study by the Sports & Fitness Industry Association (SFIA) indicated that participation in youth soccer is rapidly declining in the United States. …

Adidas to Replace Puma as Arsenal Kit Manufacturer, Shares Rise +8% on Q2 Earnings

Arsenal has agreed to a 5-year $385 million kit deal with Adidas that will replace the club’s existing pact with Puma, at the completion of this …

Manchester United FC

Buffalo Wild Wings Exploring Sportsbook Operation

Gaming Today has reported that Buffalo Wild Wings is exploring legalized sports betting “opportunities”, including the launch of a private sportsbook …

Charles Barkley

ESPN Acquires Soccer, Boxing Rights for ESPN+, Adding Subscribers Faster Than Expected

ESPN has announced a multi-year deal with Italy’s Serie A to broadcast league matches in the U.S. Most games will air on the WWL’s subscription …

Wall Street

Stan Kroenke To Complete Takeover, Acquire Remaining 33% Stake in Arsenal Football Club

Alisher Usmanov has accepted Stan Kroenke’s offer of +/- $700 million (at $2.3 billion valuation) for his 30% stake in Arsenal, effectively giving …

Arsenal FC

Activision Blizzard Sells 2 Overwatch League Expansion Franchises

Activision Blizzard (<b>ATVI</b>) has confirmed the sale of 2 Overwatch League (OWL) expansion franchises, Atlanta and Guangzhou (China), and it’s been …

Overwatch League

X Games Experiences Massive Growth Across All Channels

X Games Minneapolis 2018 experienced double-digit growth on linear television and triple-digit growth across digital/streaming services and social …

President Eric Winston Discusses OneTeam Collective, NFLPA’s Athlete Driven Accelerator

The NFLPA, via OneTeam Collective (its athlete driven accelerator), recently acquired a minority stake in SportsCastr Powered by FanChain; a …

NFL Players Association

Fewer Fans Attending College Football Games, With #SEC Experiencing Biggest Decline

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Wall Street

All 3 Winners of 2018 Men’s Majors Had Mixed Golf Bags as Equipment Sponsor Free Agents

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Wall Street

Mississippi Becomes 4th State to Offer Legalized Sports Betting, William Hill Partners with 11 MS Casinos

Mississippi became the 4th state (NV, NJ, DE) to offer legalized sports betting on Wednesday August 1st, with the opening of sportsbooks at the Beau …

MGM Resorts International

WNBA Reports Double-Digit Viewership and Merchandise Sales Growth, Announces League-Wide Sponsorship Deal

The WNBA held its 15th All-Star Game on Saturday June 28th (in Minnesota) and unlike the 2018 MLB (-6% YoY), NBA (-1% YoY) and NHL (-10% YoY) …

Lawsuit Could Result in NCAA Adopting “Olympic Model”, Josh Rosen’s Radical Solution

U.S. District Judge Claudia Wilken will hear the case of Martin Jenkins (former Clemson football player) v. NCAA in December and determine if the …

Student Athletes

TBT Thriving in Year 5, JWS Talks with Reigning 2x MVP Kyle Fogg

The Basketball Tournament (TBT) will culminate tomorrow (8.3.18) with a $2 million, winner-take-all game live on ESPN. The event, now in its fifth …

Wall Street

WWE Posts Record Quarterly Revenue, Renews Australian Broadcast Partnership

Less than a month after the WWE announced U.S. broadcast deals for Monday Night Raw and SmackDown Live (worth $468 million/year), the wrestling …

WWE

NBA Becomes First U.S. League to Sign Official Sports Betting Partnership

The National Basketball Association became the first U.S. pro sports league to sign an official sports betting partnership, announcing a deal with …

Betting

Charter Shutters First 24-Hour Spanish Speaking RSN

Charter Communications is expected to shutter the Spanish-language regional sports channel Spectrum Deportes on August 15th. The company said in a …

Spanish Language

Rice Commission Recommends Summer Camps as Alternative to Shoe-Sponsored Tournaments

The NCAA Commission on College Basketball has recommended the installation of regulated summer camps to help offset the number of shoe-sponsored …

USA Basketball

MGM Resorts, Boyd Gaming Form “Unprecedented” Online Gaming/Sports Betting Partnership

It was a busy Monday for MGM Resorts International (<b>MGM</b>) as the company confirmed reports of a joint venture with GVC Holdings (as discussed in …

MGM Resorts International

Mets Fire Front Office Executive Who Accused League of Paid Patriotism

Interested in Sports Business? Sign-up for our free daily email newsletter list, here!<p>Like this:<p>Author: John Wall Street<p>At the intersection of sports …

Wall Street