Sport & Story Daily July 30, 2024

Billion Dollar Moves

July 30, 2024

Good morning! From Athlete to Entrepreneur

‘The Great Re-bundling’: Can The NBA Secure A $100 Billion Rights Deal?
Listen to the CEO of Playfly Sports Michael Schreiber and Forbes senior writer Jabari Young talk about the rapidly changing sports media landscape. Schreiber also expresses his confidence in the NBA’s ability to land a groundbreaking $100 billion media rights agreement.
^Forbes

ESPN Signs Social Media Star Omar Raja To Multiyear Extension
Omar Raja is a behind-the-scenes decision-maker and an on-screen voice for ESPN’s growing social media team. He recently signed a multiyear contract extension. He founded House of Highlights and has increased the company’s social media following to 125 million total across all platforms.
^Sportico

'Good Morning Football' debuts new iteration from L.A. studio
NFL Network’s “Good Morning Football” left New York and debuted its new iteration airing live from the league’s L.A. studio. Famed boxing announcer Michael Buffer began the broadcast.
^{Sports Business Journal}

Michele Kang launches first global multi-team women’s soccer organization
Michele Kang has launched Kynisca Sports International. It is the first multi-team global organization dedicated to women’s soccer. Kang is the first person to own an international organization completely dedicated to women’s soccer. The company aims to raise $100 million to support its goals. Kang will contribute $50 million in combined seed funding and matching funds to support the Kynisca Innovation Hub.
^{SportsPro Media}

Olympic Beach Volleyball Sand Is Money At Eiffel Tower Venue
The beach volleyball court is one of the most stunning venues in the 2024 Paris Olympics, with the Eiffel Tower in the background. The court has 2,000 tons of sand from Sibelco’s Montgru-Saint-Hilaire sand quarry. The sand is made up of grain sizes between 250-500 microns. It costs $67 per cubic ton, making the whole court cost approximately $134,000.
^Sportico

Haslams believe dome stadium will benefit fans in Cleveland
Owners of the Cleveland Browns Jimmy and Dee Haslam are faced with two options when it comes to a decision on a stadium. The Haslams are favoring the dome stadium and surrounding development on the 176 acres of land in Brook Park because of the amenities and additional events they can hold.
^{Sports Business Journal}

NCAA, college leaders file landmark agreement in antitrust cases; here's what was settled and what's next
The NCAA is ushering in a future of athlete revenue sharing, expanding scholarships to full rosters and creating a historic enforcement system of arbitration overseen by the courts. The new concepts will take place at the start of the 2025-26 academic year next summer or fall. They plan to distribute nearly $2.8 billion in back damages to former players over a 10-year period. It is expected to go to an estimated 19,000 football and men’s basketball players.
^{Yahoo Sports}

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