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MLB Could Take Back Bally Sports’ Local TV Rights
As Bally Sports struggles with financial difficulties, Major League Baseball is exploring all of its media options — including taking back local TV rights to 14 teams. At present, MLB would prefer to keep the status quo with Bally, which operates 19 regional sports networks across the U.S. But as Bally parent Diamond Sports — a unit of Sinclair Broadcast Group — spirals toward bankruptcy, time is running out, and MLB executives are preparing contingency plans.
A Reboot: Arena Football League Set for 2024 Revival
After filing for bankruptcy and ceasing operations in 2019, the Arena Football League is officially making its return under new leadership and will begin to play in the summer of 2024. F1 Sports & Entertainment — which is also known as Force1 and has no apparent relation to the auto...
Vince McMahon Would Step Down to Complete Sale of WWE
WWE CEO Nick Khan said “without question” founder Vince McMahon would step aside if that was necessary to complete a sale to the right bidder. Khan made that declaration in a call with investors after the company announced record annual earnings of $1.3 billion and a rosy growth outlook for 2023 on Thursday.
The Growing Gender Disparity in Power 5 Coaching Salaries
In October 2021, South Carolina women’s basketball coach Dawn Staley inked a seven-year, $22.4 million contract — a $1 million annual increase. The contract made her one of the top three highest-paid coaches in the sport, along with UConn’s Geno Auriemma and LSU’s Kim Mulkey. But...
LAFC Becomes First $1B MLS Club
Major League Soccer’s reigning champion has helped the league reach a major milestone as it continues to grow its presence. Los Angeles FC has been valued at $1 billion in Forbes’ latest valuation of MLS clubs — making it the first franchise in league history to reach the billion-dollar plateau.
NFL Says Regular Season Concussions Rose 18% as Protocol Evolves
The NFL said diagnosed concussions in the 2022 NFL regular season increased by 18%. Still, the league and NFLPA officials are closely examining one piece of equipment that could help mitigate head impacts for its highest-profile position. NFL Executive VP Jeff Miller said the league is “getting very close to...
ESPN Draws Disappointing Viewership for Australian Open
ESPN rang up disappointing TV numbers for the Australian Open. The venerable tournament is the first of tennis’ four Grand Slams. Novak Djokovic and Aryna Sabalenka emerged as the respective men’s and women’s singles winners Down Under this year. But the absence of telegenic superstars like Serena...
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