August 25, 2022
Read in Browser [[link removed]]
POWERED BY
Tiger Woods and Rory McIlroyâs just-announced, tech-infused TGL golf league is already a magnet [[link removed]] for TV networks hoping to draw younger viewers to the sport. But the PGA-affiliated endeavor will likely keep things in-house with CBS Sports, NBC Sports, and ESPN â which already split coverage of Tour events. âłïž
Amazon Begins New Era with First Exclusive NFL Game [[link removed]]
Matt Krohn-USA TODAY Sports
Thursday nightâs preseason game between the San Francisco 49ers and Houston Texans is less notable for whoâs playing than how fans can watch it.
The contest will be the first NFL game shown exclusively on a streaming network, Amazon Prime Video, which marks the leagueâs most definitive step into the future of media.
Amazon holds exclusive rights to âThursday Night Footballâ broadcasts for $1 billion per season until 2033.The company struck [[link removed]] a deal with DirecTV to allow games to be played in bars and restaurants. The games will also be available on each teamâs local broadcast.Veteran broadcasters Al Michaels and Kirk Herbstreit will call Amazonâs games.
Amazon offers a host of features to augment the games, including alternate broadcasts, unlimited DVR recording, and âX-Rayâ technology providing on-screen information on players and teams.
Streaming Taking Over
In July, streaming services hit a long-anticipated milestone, surpassing cable in total TV consumption, per Nielsenâs data [[link removed]]. Streaming accounted for 34.8% of all TV consumed, compared to 34.4% for cable. Broadcast television fell to 21.6%, with 9.2% from other sources.
Netflix had the largest share among streaming platforms, with 7.7% of all TV consumption, followed by YouTube (7.3%), Amazon (3%), and Disney+ (1.8%).
The NFL is looking for a streaming partner for its next rights agreement for NFL Sunday Ticket, for which it is seeking $2.5 billion annually.
Nvidiaâs Gaming Division Revenue Declines 33% [[link removed]]
Nvidia
Nvidia reported $6.7 billion in second-quarter revenue, which fell short of hitting its outlook of $8.1 billion. Despite it being a 3% increase from the same period last year, it still represents a 19% decline from Q1.
In the companyâs preliminary financial results released [[link removed]] earlier this month, Nvidia attributed the shortfall to âlower sell-in of gaming products reflecting a reduction in channel partner sales.â
The companyâs gaming division posted [[link removed]] revenue of $2.04 billion, falling 33% from the same period the year prior and 44% from Q1. In Q4FY2022, Nvidia reported [[link removed]] record revenue for its gaming division at $3.42 billion, and in Q1, the division set [[link removed]] another record of $3.62 billion, a 31% increase from the same period the year prior.
Nvidia released a number of gaming products during the quarter.
It added 30 RTX On games and apps, including âEvil-Dead: The Game.âNvidia introduced its fastest-ever laptops, including a 2-in-1 convertible gaming model.The company added 80 games to its GeForce NOW library including âMass Effect Legendary Edition.â Next for Nvidia
The company forecasts $5.9 billion in third-quarter revenue, plus or minus 2%, but expects gaming to continue its decline, partially due to channel partnersâ inventory levels.
Nvidia returned $3.44 billion to shareholders in Q2 and plans to continue share repurchases throughout the fiscal year.
SPONSORED BY UNDERDOG FANTASY
The Easiest Way to Play Fantasy Football
Everyone has been there in fantasy football leagues: You have a player on your team who hasnât been getting in the end zone, and then one week he suddenly goes off for 30 points, on your bench.
With Underdog Fantasy [[link removed]], all the stress of who to start each week is lifted off your shoulders, because itâs BEST BALL format. Draft your teams before the season starts, and get the BEST SCORE in your lineup each week. No waivers, no trades, no in-season management.
Plus, You can draft in Underdogâs Best Ball Mania 3 [[link removed]] tournament to draft for $10 MILLION DOLLARS in total prizes, RIGHT NOW.
Sign up with promo code FOS [[link removed]], and Underdog will double your first deposit up to $100!
Sport Republic Adds Turkish Club to Soccer Portfolio [[link removed]]
Göztepe Spor KulĂŒbĂŒ
Southampton FC owner Sport Republic is purchasing a 70% stake in Turkish second-tier club Göztepe.
The remaining 30% of the club will stay [[link removed]] with Mehmet Sepil and existing shareholders.
Terms of the deal werenât disclosed, but the announcement comes two months after the Turkish SĂŒper Lig signed a media deal [[link removed]] worth just under $370 million per season â a significant decline from the previous deal worth $500 million annually.
Sport Republic claims that the deal, which is the firmâs second soccer team investment, makes it the first foreign investor within the Turkish soccer industry.
The firmâs ambition is to âbuild a portfolio of high-influence stakes in football clubs and other sporting assets across the world,â chairman Henrik Kraft stated.
In January, the firm acquired an 80% stake in Southampton for a reported $118 million.Sport Republic was also reportedly in talks to buy French club Valenciennes and is reportedly targeting clubs in other leagues including those in Belgium, the Netherlands, and Portugal. Club Community
Sport Republic follows in the footsteps of other owners with portfolios featuring multiple soccer teams across several countries.
City Football Group is an owner of 10 teams [[link removed]] globally â including Manchester City and New York City FC â and has one partner club. In June, RedBird Capital entered [[link removed]] a $1.3 billion agreement to buy AC Milan. RedBird also owns Ligue 2âs Toulouse and has a stake in Fenway Sports Group, which owns Liverpool FC.
NFL Remains King of TV Ratings with Strong Preseason [[link removed]]
Michael Chow/The Republic / USA TODAY NETWORK
The NFL has once again proved itâs the most popular professional sports league in America â as long as weâre counting the preseason.
The league has already seen its exhibition games outperform [[link removed]] MLB, NASCAR, and others in TV ratings in the U.S. â two weeks before the NFLâs regular season kicks off on Sept. 8.
Foxâs broadcast of Sundayâs game between the Baltimore Ravens and Arizona Cardinals averaged 3.22 million viewers. The broadcast marked the weekâs most-watched and highest-rated sporting event with a 2.0 household rating, according to Nielsen.In comparison, Foxâs âField of Dreamsâ broadcast on Aug. 11 between MLBâs Cincinnati Reds and Chicago Cubs averaged 3.1 million viewers.USA Networkâs broadcast of NASCARâs Federated Auto Parts 400 from Richmond Raceway averaged 2.56 million viewers on Aug. 14.
The 2022 NFL preseason, which has two games remaining for all teams, got off to a hot start.
NBCâs broadcast of the annual NFL Hall of Fame Game on Aug. 6 between Las Vegas and Jacksonville â which included a rain delay â drew 5.48 million viewers as the Raiders defeated the Jaguars 27-11 in Canton, Ohio.
Valuable Asset
On Monday, Forbes unveiled [[link removed]] its list of the most valuable NFL teams in 2022 â and the Dallas Cowboys topped the list for a 16th consecutive year and became the first team to be valued at $8 billion.
The leagueâs 32 teams are now worth an average of $4.47 billion â a 28% increase year-over-year.
SPONSORED BY NETSUITE
Finding Peace After an Iconic Football Career
My Other Passion, presented by Netsuite [[link removed]], brings you conversations with the most influential athletes, celebrities, and executives about what drives them â beyond the sports or businesses theyâre famous for.
In our latest episode, Ernest Baker, Editor in Chief of Front Office Sports, sits down with former Heisman Trophy winner and star NFL running back Ricky Williams to talk about how he found peace after his time in the league, his thoughts on NIL, and why he loves playing as himself in âMaddenâ video games.
Listen now [[link removed]] or watch on YouTube [[link removed]] for future episodes releasing every Wednesday.
If you or someone you know is an athlete, celebrity, or business leader, reach out [[link removed]] to be featured on an upcoming episode.
Conversation Starters From the first pitch to the soccer pitch, Atmosphere Sports is bringing sports back to the center with scores, highlights, and more. Find out [[link removed]] what theyâre all about.* San Diego Wave star Alex Morgan revealed [[link removed]] that the club has sold more than 27,000 tickets to its Sept. 17 match against Angel City F.C. â enough to break the NWSLâs all-time single-game attendance record. Each athlete in the Michigan State womenâs gymnastics program will receive [[link removed]] $5,000 from Charitable Gift America and will be required to donate 5% of earnings to a charity of their choice. Today's Action
MLB
07:05 PM
White Sox (-115) at Orioles (-105)
Bet Now [[link removed]]
NBA
09:30 PM
Suns (+125) at Nuggets (-145)
Bet Now [[link removed]]
MLB
07:10 PM
Rockies (+300) at Mets (-365)
Bet Now [[link removed]]
*All times are EST unless otherwise noted.
*Odds/lines subject to change. T&Cs apply. See [[link removed]] for details.
Question Of The Day
How many times a year do you travel for work?
0 [[link removed]] 1-4 [[link removed]] 5+ [[link removed]]
Wednesdayâs Answer
35% of respondents are regular consumers of sports drinks.
*Sponsored Copy
If this email was forwarded to you, you can subscribe here [[link removed]].
Written by Owen Poindexter [[link removed]], Abigail Gentrup [[link removed]], Justin Byers [[link removed]] Edited by Matthew Tabeek [[link removed]], Brian Krikorian [[link removed]]
MORE FROM FRONT OFFICE SPORTS:
The Leadoff [[link removed]] - Daily business of sports podcast
Front Office Sports Pro [[link removed]] - The most promising opportunities where sports meets industry
Front Office Sports Learning [[link removed]] - Professional education at the speed of culture
Copyright © 2022 Front Office Sports. All rights reserved.
80 Pine Street Suite 3202 New York, NY 10005
Advertise [[link removed]] / Update your preferences [link removed] / Unsubscribe [link removed]