December 28, 2022
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The health and treatment of Tua Tagovailoa is once again a hot topic of debate [[link removed]] in NFL circles after the Miami Dolphins quarterback suffered yet another head injury while playing through all of Sunday’s loss to the Green Bay Packers. Tagovailoa reportedly didn’t display or report any immediate symptoms and is out indefinitely with another confirmed concussion.
Media Amazon Reportedly Plans to Launch Sports App [[link removed]]
Kirby Lee-USA TODAY Sports
In 2023, Amazon plans to beef up its sports content even more.
The company has plans to launch a sports-specific app, according [[link removed]] to The Information.
The app would host all of the live sports that are currently streamed through Amazon Prime Video. It could provide a mechanism for the tech giant to charge extra for sports viewing rights. Currently, Prime’s $14.99 monthly membership includes [[link removed]] access to live sports.
Amazon Prime Video has purchased rights to multiple live sporting events, from the $11 billion deal [[link removed]] for “Thursday Night Football” to the MLB.TV regular-season package, select WNBA matchups, and Overtime Elite [[link removed]].
It’s also investing in daily talk shows, like the morning roundtable-style show called [[link removed]] “Bonjour Sports Talk.”
Stream On
CEO Andy Jassy reportedly confirmed that the streamer is interested in acquiring more sports rights.
The next acquisition could be rights to the Pac-12 Conference, which has made a major push to do a deal with Amazon, Front Office Sports previously reported [[link removed]].
The fifth most-valuable company in the world could [[link removed]] also make a move for the NBA, which is seeking [[link removed]] $50 billion to $75 billion for its next media rights deal.
World India Wants to Host 2036 Olympics [[link removed]]
Danielle Parhizkaran-USA TODAY Sports
The second-most populated country in the world is considering a bid to host the 2036 Summer Olympics.
“If India is making news in every sector, from manufacturing to services, then why not in the field of sports?” the country’s sports minister Anurag Thakur told [[link removed]] the Times of India.
India will prepare a hosting plan for an ICO session in Mumbai next year. The country is working with the Indian Olympic Association to submit a bid. It has previously hosted the Asian Games and the Commonwealth Games. India has a population [[link removed]] of roughly 1.4 billion people behind China’s $1.45 billion.
Other potential bidders for the 2036 Olympics include Indonesia, South Korea, and Qatar, which just hosted the 2022 FIFA World Cup amid controversy shrouding the treatment [[link removed]] of migrant workers and the acceptance [[link removed]] of LGBT fans at the tournament’s matches.
Germany is also considering a bid to host the 2036 Olympics, but the opportunity has been met with public outcry within the country.
Battle of Attrition
The 2030 Winter Olympics could be hosted by Salt Lake City by default following a bribery scandal in Japan and British Columbia pulling its support for Vancouver to submit a bid.
In August, a former member of the Tokyo 2020 Olympics board, Haruyuki Takahashi, was arrested following allegations of receiving bribes from Olympic sponsors. His arrest caused Japan to pause [[link removed]] its promotion of a bid for Sapporo — the country’s fifth-most populated city.
On Monday, Takahashi was granted [[link removed]] bail for $603,000, according to public broadcaster NHK.
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Gaming Tencent Lands Major Gaming Titles [[link removed]]
Tencent
Tencent is steadily adding to its gaming portfolio following a crackdown in the world’s largest gaming market.
The Chinese video game and internet conglomerate has been granted [[link removed]] approval to secure licenses for blockbuster gaming titles, helping the company rebound amid a declining market.
In April, Chinese regulators resumed [[link removed]] approvals for new video game licenses after a nine-month hold due to a government crackdown. Chinese state media branded online games as “mental opium” and a health detriment to minors, leading to regulations restricting children to three hours of gaming per week.
Riot Games’ popular shooter title “Valorant” was among the group of approved titles. Tencent had more than 40 licenses for foreign titles approved in December. The group included “Pokémon Unite” — a title Tencent co-developed with Nintendo.
Tencent’s gaming portfolio isn’t its only sector getting a boost.
In January, the company sold [[link removed]] off a $3 billion stake in gaming and e-commerce company Sea to allocate funds to other businesses and social initiatives.
Slow Market
Tencent is one of several gaming companies struggling to drive profits following a surge in sales during the pandemic.
The company generated [[link removed]] $19.7 billion in revenue in Q3 2022, a 2% drop compared to the same period last year. Profit reached $4.7 billion during the quarter, down 3% compared to Q3 2021.
The global gaming industry is expected to be worth [[link removed]] $321 billion by 2026, but the market could see its annual sales decline in at least a decade this year depending on holiday season sales.
Conversation Starters Front Office Sports is pleased to announce the 2022 Best Employers in Sports. The award recognizes organizations across the sports industry that are doing the best for their employees. The companies on this year’s list represent the top 15% of those who participated. Check out the entire list here [[link removed]]. In The Leadoff, a pair of Premier League teams are up for sale in an uncertain market, the next owner of the Washington Commanders could need an extra $1 billion, two soccer teams could replace the A’s at Oakland Coliseum, and Peloton sells refurbished connected fitness bikes. Click here to listen [[link removed]]. NFL Hall of Famer Ed Reed has officially landed [[link removed]] his first head coaching job at Bethune-Cookman.
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What to Watch
La Liga is back in action. Watch Spain’s top soccer clubs, including Barcelona and Real Madrid, compete in one of the world’s best leagues.
Girona will face Rayo Vallecano in the first game to kickoff a three-game slate of matches.
How to Watch: Thursday at 11 a.m. ET on ESPN+ / Stream La Liga exclusively on ESPN+ [[link removed]]*
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