Closing Bell

Report: NBA considering moving Emirates NBA Cup from Las Vegas...Steve Cohen, $8.1B Metropolitan Park get final approval for N.Y. casino license...Power conference leaders express support for redshirt rule in NCAA eligibility case.

Report: NBA considering moving Emirates NBA Cup final from Las Vegas

The league is “openly considering the possibility of moving” the Emirates NBA Cup in-season tournament “away from Las Vegas for next season.” Getty Images

The league is “openly considering the possibility of moving” the Emirates NBA Cup in-season tournament championship game “away from Las Vegas for next season,” according to sources. That decision “is a recognition that the neutral-site approach has lacked the energy and enthusiasm, at least to this point, the league initially hoped it would.” There have been “empty seats for most of the eight games that have been played in Vegas across the last three seasons,” and the atmosphere “hasn’t been the same” as the home games played in the quarterfinals -- which is “what led the league to announce that change for next season back in September” (ESPN.com, 12/15).

Steve Cohen, $8.1B Metropolitan Park get final approval for N.Y. casino license

The Citi Field surrounding area could be transformed by the proposed $8 billion Metropolitan Park project.
Mets owner Steve Cohen, in tandem with Hard Rock International, received final approval Monday from the NYS Gaming Commission for their $8.1B Metropolitan Park project. SHoP Architects, Field Operations

Mets owner Steve Cohen, in tandem with Hard Rock International, received final approval Monday from the NYS Gaming Commission for their $8.1B Metropolitan Park project, which includes a casino adjacent to Citi Field. The development is projected to be finished in June 2030.

Amid protests, the NYSGC approved Hard Rock, Bally’s (Bronx) and Resorts World (Queens) for downstate N.Y. casino licenses. Each will pay an initial $500M licensing fee.

“Since the day I bought the team, the community and Mets fans have made it clear to me that we can and should do better with the area around the ballpark,” Cohen said in a statement. “Now, we are going to be able to deliver the sports and entertainment district that our fans have been asking for.”

Metropolitan Park, on 50 acres of Citi Field parking lots, will include a Hard Rock Hotel with a casino, sportsbook, restaurants, bars, a 5,650-seat music venue and a Taste of Queens Food Hall. It will also create 25 acres of public green space, 23,000 union jobs, $1B in community benefits and infrastructure improvements including a revamped, ADA-accessible 7-line train station, according to Metropolitan Park officials.

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Power conference leaders express support for redshirt rule in NCAA eligibility case

Vanderbilt Commodores linebacker Langston Patterson (10) during warmups prior to the Birmingham Bowl
The hearing today -- transpiring in a Tennessee courtroom -- “could go a long way in a judge granting” Vanderbilt LB Langston Patterson‘s request to suspend the redshirt rule for football players. Icon Sportswire via Getty Images

Commissioners of the Big 12, SEC, ACC, Big Ten and Pac-12 “filed an affidavit in support of NCAA eligibility rules” ahead of a hearing today in the Patterson case, which “seeks to overturn the NCAA redshirt rule and grant players 5 full seasons.” The hearing today -- transpiring in a Tennessee courtroom -- “could go a long way in a judge granting” Vanderbilt LB Langston Patterson’s request to suspend the redshirt rule for football players ahead of the January transfer portal window. The NCAA sent a memo to members today related to the hearing, noting that “there is no request for broader preliminary injunctive relief on behalf of all DI student-athletes and the court is not expected to address eligibility for any other student-athlete” (X, 12/15).

Orioles welcome Pete Alonso with 19 media placements around Baltimore

The Orioles put up 19 media placements Friday to welcome Pete Alonso to Baltimore.
The Orioles put up 19 media placements Friday to welcome Pete Alonso to Baltimore. Baltimore Orioles

It didn’t take long for the Orioles to begin marketing $155M signing 1B Pete Alonso. On Friday, the team welcomed its newest player to Baltimore with 19 combined billboards and media walls placed around the city and county.

Alonso’s afternoon press conference was streamed on the Orioles’ official website, social media channels, MASN+ and MASN TV. The team’s platforms also shared a behind-the-scenes look at his first day. His No. 25 jersey has been available as of Monday for purchase at the Team Store at Oriole Park.

The team said its Birdland Member representatives have been busy fielding calls from season-plan members and first-time buyers.

Baltimore’s busy offseason has also included a trade for OF Taylor Ward and the $28M signing of closer Ryan Helsley. The Orioles are also involved in adding starting pitching. They were a middle-of-the-pack payroll team ($165M) last year.

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Orreco raises $4M from Mark Cuban, others while acquiring Data Driven Sports Analytics

Mark Cuban speaks onstage during the 2025 SXSW Conference and Festival.
Mark Cuban was part of a $4 million Series A extension for Orreco. Getty Images

Orreco, an AI-powered performance science firm in Ireland, has acquired computer vision startup Data Driven Sports Analytics and raised a $4M Series A extension from Mavericks minority owner Mark Cuban, Enterprise Ireland, pro athletes and existing investors.

A recent graduate of the Comcast NBCUniversal’s SportsTech program, Orreco will also participate in the upcoming cohort of MLS Innovation Lab that will be formally announced shortly.

The primary motivation for the investment and acquisition is Orreco’s work on Motion Signal, which collates a wide variety of data inputs to identify injury risk. The AI algorithms consider everything from sources of external load, such as GPS wearables and video-based biomechanical analysis, to internal measures such as Orreco’s biomarker tests.

Motion Signal is showing increasing promise to work in real-time to help flag soft-tissue injuries before they happen — everything from hamstring strains to, potentially, even non-contact Achilles and ACL tears.

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Poll shows concern around gambling growing among sports fans

Americans are “increasingly concerned about the growing influence of the sports gambling industry." getty images

Americans are “increasingly concerned about the growing influence of the sports gambling industry and remain wary of its effect on the games they watch,” according to a Washington Post-Univ. of Maryland poll. These negative trends “cut across almost all groups.” Overall, 36% of Americans “say the increasing number of states allowing people to bet on sports is ‘a bad thing’ -- up from” 23% in 2022 -- “while the share of those saying it is ‘a good thing’ declined” from 23% to 14%. Roughly half of Americans (49%) are “neutral on the question of good versus bad, down from” 54% three years ago. The poll “took place in the aftermath of gambling scandals in MLB and the NBA earlier this year.” The public also “does not differentiate much between the relative harm of prop bets versus more traditional outcome-based wagers” (WASHINGTON POST, 12/15).

ESPN’s Jessica Mendoza talks future of Olympic, women’s sports

With Olympic and women’s sports threatened by a changing collegiate model, ESPN analyst Jessica Mendoza joins SBJ’s Rachel Axon to discuss the future viability of those programs. An Olympic gold medalist and All-American in softball, Mendoza looks at how colleges can continue to support non-revenue programs, the role of media rights in funding those sports and the opportunity ahead in LA28.


Speed Reads....

Sabres owner and President Terry Pegula announced that he has relieved GM Kevyn Adams of his duties and named Jarmo Kekäläinen as the next GM. Kekäläinen was named Sabres senior advisor on May 30 (Buffalo Sabres).

Adidas signed Magic Fs Franz and Mo Wagner, natives of Berlin, to its sponsorship roster ahead of the Magic’s Berlin game in January (Adidas).

Panini America announced the release of a trading card experience called “Caitlin Clark Chronicled,” which will depict the career of Fever G Caitlin Clark (Panini America).

On Location announced a multiyear extension of its deal with Kraft Analytics Group (IMG).

Unrivaled has signed a multiyear deal with Thorne, naming it the official sports nutrition sponsor of the league and the jersey patch sponsor of Breeze BC. It is Thorne’s first official women’s sports deal (Unrivaled).

US Sports Camps announced a deal with former NFLer Anthony Newman to introduce a lineup of Nike multisport and recreational camps to the Portland area, launching summer 2026 (US Sports Camps).

Omaha Productions is producing a live reunion “Night of Champions” special featuring the 1989 S.F. 49ers at Orpheum Theatre, the week of the Super Bowl. Chris Berman will moderate the event, which will bring together Joe Montana, John Taylor, Ronnie Lott, Eric Wright, Tom Rathman and Harris Barton (Omaha Productions).

Audi revealed their official team name, logo and date for their 2026 launch. The team will be called the Audi Revolut F1 team (F1).


Around the World....

V8 Supercars team Dick Johnson Racing has named Megan Foster as the sport’s first female chief executive (THE AUSTRALIAN, 12/12).

Liverpool FC and Adidas “launched a special shirt that pays tribute” to the Shankly Gates, the entrance to Anfield stadium (Liverpool ECHO, 12/13).


Social Scoop....


Daily Download....

Nike released an ad celebrating Scottie Scheffler winning PGA Tour Player of the Year.


Daily Digit....

$20M -- The anonymous gift committed to Virginia Tech Athletics, aimed at boosting the Hokies in collegiate sports, including football (Virginia Tech Athletics)

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