December 20, 2021
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The NFL and NFLPA agreed to significant changes to COVID-19 testing protocols. Only unvaccinated players and those experiencing symptoms will undergo testing. Asymptomatic players will be subject to random testing, and unvaccinated players will be tested daily.
Peyton Manning Reportedly Interested In Broncos Ownership
Isaiah J. Downing-USA TODAY Sports/Design: Alex Brooks
A number of groups are reportedly in discussions to buy the Denver Broncos, drawing interest from their former quarterback, Peyton Manning.
Manning has reportedly [[link removed]] spoken to some of them and the two-time Super Bowl champion could also be interested in a management position.
Despite the franchise not being officially on the market, the same CBS Sports report suggests that a purchase could be completed by the spring. The team reached a $3.75 billion valuation [[link removed]] this year.
The Broncos have been in control of the trust since former owner Pat Bowlen died in 2019. A sale was stalled due to a lawsuit in July when his daughters, Amie Bowlen Klemmer and Beth Bowlen Wallace, claimed [[link removed]] trustees influenced their father. It was dismissed.
Ownership Appeal
David Tepper paid a record $2.3 billion for the Carolina Panthers in 2018, but a number of factors could allow the Broncos to fetch an even higher number.
The NFL signed [[link removed]] a collective bargaining agreement in 2020, adding two teams to the league’s playoff field and expanding the regular season.The league signed [[link removed]] media rights deals in March totaling $113 billion over 11 years.The salary cap was lower during the pandemic, but it’s rising again in 2022.The league and its teams estimated [[link removed]] an additional $270 million in revenue this year from their sports betting and gambling deals.
If Denver does bring in around $3 billion, there is speculation that other teams’ ownership groups could be interested in selling.
FC Barcelona Votes for $1.69B Stadium Revamp
FC Barcelona/Design: Alex Brooks
Despite major financial ailments, FC Barcelona will spend big on a new stadium.
Members voted to renovate the 64-year-old Camp Nou with up to $1.69 billion in funding, the club announced [[link removed]] Sunday.
87.8% of Barcelona’s 48,623 members voted in favor of the project, called “Espai Barça.”The renovations will be funded by Goldman Sachs over a 25-year plan with a five-year grace period.
The plan will not only revamp [[link removed]] the largest stadium in Europe, which already holds 105,000 fans, but also an indoor facility.
Financial Distress
The club claims the refurbishments will generate $225.7 million a year through hospitality, VIP boxes, catering, sponsorship and naming rights, and ticketing, as well as meetings and events.
But the profits can’t come soon enough. In March, Barcelona was technically bankrupt [[link removed]], according to a Deloitte report. The team then borrowed $605 million from Goldman Sachs and was eyeing [[link removed]] a sale of a stake in its production company, Barça Studios.
In October, the club’s debt totaled $1.57 billion — almost the same amount it just authorized for Espai Barça.
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MLS Looking For $300M Media Rights Deal
Jay Biggerstaff-USA TODAY Sports/Design: Alex Brooks
MLS is eyeing a media rights deal worth $300 million annually, according to CNBC — more than three times what it currently receives.
The league’s current eight-year broadcasting deals with Fox, Disney’s ESPN, and Univision expire [[link removed]] at the end of the season and only bring in $90 million each year.
The league is expanding and growing in popularity — the past several weeks have only confirmed it.
This year’s MLS Cup was the fifth-most [[link removed]]-watched audience for the event on a Disney-owned network since 2009 at an average 1.14 million viewers.The Thanksgiving Day playoff was the most-watched MLS game on Fox Sports, bringing in 1.8 million viewers for Fox platforms. It also had the highest MLS audience since 2004.MLS reportedly plans to announce a 30th team in the next 10 months, with two other teams beginning play in the 2023 season.
The league will look to sell rights in a bundle. Amazon, Apple, WarnerMedia, and ViacomCBS have already expressed interest.
Other Factors In New Deal
A possible concern when landing rights is market share. The NFL signed [[link removed]] media rights deals worth $113 billion earlier this year, and Lee Burke of LHB Sports thinks such large deals in other sports could affect what’s left for MLS.
CNBC reports the deals could be closer to $200 million annually due to U.S. Soccer ending its long-term agreement with Soccer United Marketing this year.
Conversation Starters In today’s edition of The Leadoff, YouTube TV reaches a deal with Disney, the majority owner of Creative Artist Agency files for an initial public offering, eight mobile games generate more than $1 billion, and Formula E sets new spending regulations. Listen here [[link removed]]. A lawsuit filed [[link removed]] Monday in Manhattan federal court is challenging Major League Baseball’s long-held antitrust exemption. The complaint alleges that last year’s consolidation of minor league teams amounted to “naked, horizontal agreement to cement MLB’s dominance over all professional baseball.” FTX is now the official [[link removed]] cryptocurrency exchange of the Washington Wizards, Capitals, Mystics, and Capital City Go-Go. The new partnership between the FTX and Monumental Sports and Entertainment is a “multiyear, multimillion-dollar deal.” Despite Aaron Rodgers’ training camp [[link removed]] holdout and vaccine controversy, the Packers became the first team to clinch their division and currently occupy the NFC’s No. 1 seed. Rodgers threw for 268 yards and three TDs with no interceptions in Sunday’s 31-30 victory over the Ravens. Read more in today’s edition [[link removed]] of Sports Section.
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In the NFL, Wood relied on UCAN for long-lasting, stomach-friendly energy. “It let me give max effort every play without dips.” Today, UCAN remains part of his diet for healthy, all-day energy [[link removed]] to accomplish the passions he’s pursuing in this next phase. “It’s how I start every day.”
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Market Movers
U.S. stocks experienced declines across all three major indexes on Monday. Here’s a look at how sports-related stocks performed:
DAKT [[link removed]]
Daktronics Inc.
[[link removed]]
$4.96
[[link removed]]
+0.40%
[[link removed]] EA [[link removed]]
Electronic Arts, Inc.
[[link removed]]
$130.04
[[link removed]]
+1.22%
[[link removed]] FOX [[link removed]]
Fox Corporation
[[link removed]]
$33.79
[[link removed]]
-0.38%
[[link removed]] DKS [[link removed]]
Dicks Sporting Goods, Inc.
[[link removed]]
$101.17
[[link removed]]
-0.81%
[[link removed]] LVS [[link removed]]
Las Vegas Sands Corp
[[link removed]]
$34.1
[[link removed]]
-1.59%
[[link removed]] (Note: All as of market close on 12/20/21) Sponsored by Learn More [[link removed]] Listing of securities is not a recommendation to trade. Sponsored by Learn More [[link removed]] Listing of securities is not a recommendation to trade. What to Watch
The Chicago Bears (4-9) host the Minnesota Vikings (6-7) tonight at Soldier Field.
How to Watch: 8:15 p.m. ET on ESPN
Betting Odds: Vikings -6.5 || ML -300 || O/U 45.5
Pick: Expect the Vikings to build on their win against Pittsburgh. Take Minnesota to cover.
Who ya got? Reply to this newsletter with your prediction for the Vikings-Bears winner and final score.
*Odds/lines subject to change. T&Cs apply. See draftkings.com/sportsbook [[link removed]] for details.
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Written by Abigail Gentrup [[link removed]], Amanda Christovich [[link removed]]
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