November 16, 2022
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The NFL Network’s Sunday morning telecast [[link removed]] of Tom Brady and the Tampa Bay Buccaneers’ 21-16 win over the Seattle Seahawks from Munich was the network’s most watched international game on record.
World Cup Spotlights Huge Gender Disparity in Prize Money [[link removed]]
Trevor Ruszkowski-USA TODAY Sports
The World Cup offers one of the largest prize pools in global sports — but also presents a striking gender disparity.
The purse for the men’s tournament, which starts on Sunday, is more [[link removed]] than 10 times that of the Women’s World Cup in 2019.
FIFA will distribute $440 million to the 32 qualifying men’s teams, with the winner receiving $42 million. The most recent Women’s World Cup saw teams bring home $30 million in total, with the victorious U.S. team earning $4 million.FIFA is considering doubling the prize pool for the 2023 Women’s World Cup, but the winnings will be divided among 32 teams, instead of the 24 that played in 2019.
In addition to the prize pool, club teams that employed players participating in the World Cup will receive $10,000 for each day that player is involved in the tournament, totaling $209 million over 64 games.
President’s Plea
FIFA president Gianni Infantino called for a ceasefire between Russia and Ukraine during [[link removed]] the World Cup at the G20 summit of major economies in Indonesia.
“My plea to all of you, to think on a temporary ceasefire for one month for the duration of the World Cup, or at least the implementation of some humanitarian corridors, or anything that could lead to the resumption of dialogue as a first step to peace,” Infantino said.
Infantino has discouraged [[link removed]] players from making political statements during the World Cup, though some teams have spoken out against host country Qatar’s human rights record.
The $1 Million Formula 1 Las Vegas Package [[link removed]]
F1
Formula 1 fans can enjoy the height of luxury at the Las Vegas Grand Prix — and all it will cost is $1 million.
Wynn Las Vegas is offering [[link removed]] a seven-figure package for the race weekend that kicks off on Nov. 16, 2023. Fans with a million to spare can enjoy:
Three nights in a 5,829-square-foot, three-bedroom duplex with two-story windows, billiard tables, dining, and fitness roomsVIP access to the Paddock Club and race-week eventsTickets to a show, dinner for six, spa treatments, and rounds of golfCaviar and a jeroboam (equivalent to four bottles) of Dom Perignon champagne
Wynn and F1 will make a $100,000 donation to local charities for each package purchased.
Founding Partners Cashing In
Wynn is a founding partner of the Las Vegas Grand Prix, along with MGM Resorts and Caesars Entertainment.
MGM CEO Bill Hornbuckle has said [[link removed]] that the company will purchase between $20 million and $25 million in F1 tickets to offer in packages, including some that cost upwards of $100,000.
The company is building [[link removed]] a grandstand for viewing the race along the lake of the Bellagio hotel, which it will offer as part of room-ticket packages.
Caesars packages for race tickets, food, and a three-night stay average $2,600 per night.
SPONSORED BY TAGBOARD
Cloud Production on the World Stage
Today’s audiences demand the ability to consume content wherever, whenever, and however they want, putting a heavy burden on creators to spread their content across as many channels as possible.
As production teams across sports [[link removed]], media, and entertainment attempt to feed an appetite of 20 billion hours of video consumed every month in the U.S, lightweight cloud production platforms [[link removed]] provide workflow efficiencies and interactive graphics [[link removed]] to help them get the job done.
Hear how [[link removed]] the digital team at Fox Sports is producing interactive content on the biggest stages in sports – the MLB World Series, FIFA World Cup Qatar 2022™, and Super Bowl – like it’s never been done before.
Nike Jumps Further into Metaverse With Virtual Sneaker Platform [[link removed]]
Nike
The world’s largest sportswear company is taking its talents to the metaverse.
Nike plans to launch online store and trading platform .SWOOSH, which will house virtual sneakers and apparel and allow users to collect and display items they own. The platform, which opens registration on Friday, will also provide education on the metaverse and Web3.
Nike plans to launch its first digital collection in 2023. Select Nike athletes will have individual storefronts on the platform.All items will be priced [[link removed]] using U.S. dollars to reduce volatility. Some items may provide access to physical products and be available in video games.
.SWOOSH adds to several metaverse-related investments for Nike.
The sneaker giant filed a patent in 2019 to pair physical shoes with NFTs, and in November 2021 it filed [[link removed]] a trademark application to use the swoosh logo and “Just Do It” slogan in digital environments. In December 2021, Nike acquired [[link removed]] RTFKT, which produces digital collectibles.
To date, Nike has pocketed close to $200 million from NFTs products, per Dune Analytics.
Legal Woes
Nike — which generated [[link removed]] $12.69 billion in revenue in fiscal Q1 2023, beating analysts’ estimates of $12.27 billion — has been sued [[link removed]] by NFL free-agent wide receiver Odell Beckham Jr. over allegations that it withheld millions of dollars in his endorsement deal.
The lawsuit alleges that Beckham “has suffered damages of $20,625,000 plus prejudgment interest.”
Carolina Panthers, Rock Hill Settle on Failed $800M Project [[link removed]]
Carolina Panthers
The saga of the Carolina Panthers and Rock Hill is finally nearing an end.
Rock Hill has agreed [[link removed]] to a $20 million settlement with GT Real Estate Holdings, the David Tepper-owned company that went bankrupt in June while building a new Panthers headquarters in the South Carolina city. The figure equates to what the city invested in the now-defunct project.
If approved, the settlement will require both sides to drop their lawsuits blaming each other for the failed project. Rock Hill will receive the land designated for the abandoned $800 million plan, which is already on the market.
Tepper — who purchased [[link removed]] the Panthers in 2018 for $2.3 billion — established the real estate company for the team HQ project, which would have included a 5,000-seat stadium and indoor practice center.The company had already invested more than $170 million before filing for bankruptcy.Tepper had paused [[link removed]] construction in March when Rock Hill missed a payment toward infrastructure costs.
Contractors would reportedly receive more than $60 million to settle their claims as part of the bankruptcy plan.
A confirmation hearing on the bankruptcy was originally scheduled for Wednesday but has been delayed [[link removed]] until December.
Court Calls
The settlement doesn’t mean GT Real Estate Holdings is done — York County, which gave the company $21 million for the development, reportedly claims to be owed more than $80 million.
The county is not included in Rock Hill’s settlement proposal.
SPONSORED BY WSC SPORTS
NASCAR's Investment in New Content
“WSC helps us instantly create content for each of our social channels and specifically tailor it to how users want to ingest it,” Amy Anderson, Head of Content Strategy at NASCAR Studios said. Read the full interview [[link removed]] to learn how NASCAR is utilizing WSC Sports.
You can’t provide the best experience without automation. Your most creative people need time to craft stories for fans.
WSC Sports [[link removed]] automates the instant creation and distribution of video highlights by giving you access to sport-specific machine learning technology for over 20+ sports.
In addition to NASCAR, over 250 partners, including the NBA, NHL, ESPN, WarnerMedia, and YouTube TV, rely on WSC Sports to build the premier modern fan experience. Stay ahead of the curve and click here [[link removed]] to learn more.
Conversation Starters FOS is on the lookout [[link removed]] for the Best Employers in Sports. Let us know if your company deserves a shot at the coveted award. The 2022 World Cup starts Sunday, and Front Office Sports is bringing you behind the scenes of one of the most impactful business and cultural events in sports. Join us Wednesday at 1 p.m. ET for a virtual summit [[link removed]] with soccer analysts, former athletes, and broadcasters including journalist Grant Wahl, former USMNT forward and ESPN analyst Hérculez Gómez, and Men in Blazers Media Network co-founder Roger Bennett. ESPN and Athletes Unlimited announced [[link removed]] they have signed an exclusive media deal to broadcast this year’s 30-match volleyball season, which will appear on ESPN+ and ESPN networks. Today's Action
NHL
07:08 PM
Sabres (+140) at Senators (-165)
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NCAA
06:00 PM
Eastern Michigan (+240) at Kent State (-285)
Bet Now [[link removed]]
NHL
10:08 PM
Kings (+130) at Oilers (-150)
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
Do you drink alcoholic beverages while watching sports?
Yes [[link removed]] No [[link removed]]
Tuesday’s Answer
62% of respondents subscribe to 1-4 streaming services; 26% subscribe to 5+ streaming services.
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