Daily Issue

02.28.2023

Featured

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PGA Tour plans big changes in '24

The PGA Tour's designated events will see their field sizes shrink to 70 players and have no cut starting in the 2024 season.

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ICYMI: ESPN announces major reshuffling of executive ranks

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Mastercard renews with PGA Tour, API

Leagues

Sources: PGA Tour planning for more radical changes to '24 schedule

Marketing and Sponsorship

Powerade signs Ja Morant as athlete partner for major campaign

Mastercard renews with PGA Tour, Arnold Palmer Invitational

Aflac launches new campaign with Mike Krzyzewski, Dawn Staley

Sirius XM launches sports-focused social channels to reach new audience

Media

Major reorg at ESPN; Magnus, Durant seen as big winners

LIV TV viewership strategy raises questions going forward

XFL viewership dips 50% during Week 2 games

Collapse of RSNs could leave lasting impacts on Pittsburgh teams

Audience Analysis: Champions League, Liga MX see strong figures

Franchises

Buccaneers increase season-ticket prices for some members

Garber expresses excitement for St. Louis' arrival to MLS

Financial misconduct investigation into Commanders' Snyder could 'intensify' soon

Facilities

NHL, Bettman 'optimistic' on new Calgary arena discussions

Geodis Park facing pushback for parking issues at Nashville SC games

Finance

Endeavor posts 'solid' Q4 earnings and 2022 gains

A-Rod, Lore's new ticketing business Jump raises $20M in funds

Liberty Media sees revenue boost for Braves, F1

Venture Capital firms acquire majority stake in NFL talent rep firm Athletes First

Colleges

ACC’s variable revenue distribution contemplates different models

ACC memo reveals Power Five's potential legislation wants

Baylor AD Mack Rhoades advocates for broader NIL legislation, uniformity

Southland Conference unveils rebrand with new logo, tagline

Retiring Big South commish Kyle Kallander reflects on lengthy tenure

Events and Attractions

NFL Combine's future in Indy unknown following 2024

Esports

IOC launches competitive esports series for 2023

Technology

Major League Rugby signs partnership with blockchain-backed fantasy rugby game Oval3

NBA Launchpad selects seven companies for second edition of league initiative

Videocites closes $10 million Series B with NBA Equity on board as an investor

Rudy Gobert joins Trendex startup as investor, ambassador

Quantum partners with WaitTime for real-time crowd intelligence using AI software, video surveillance data

Betting

Georgia lawmakers make another round of proposals on legalizing sports betting

People and Pop Culture

Executive Transactions - March 1, 2023

Names in the News

SBJ Brand Innovation Summit presented by Paragon: Changing the Game of Sports Marketing

Sponsored content

Quote of the Day

The only thing that will fundamentally and legally work is for there to be better legislation that will preempt [these] laws and put everyone on equal ground.
-- Baylor AD Mack Rhoades, on the need for uniformity when it comes to NIL laws.

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