Sport & Story Daily June 20, 2024

Stay Ahead of the Game

June 20, 2024

Good morning! Sports Illustrated Changes Course

Minute Media’s publishing deal for Sports Illustrated already showing results
There is good news for those of us who grew up reading and loving Sports Illustrated — according to Sara Fischer of AXIOS, Minute Media’s 10-year publishing deal has “already changed the trajectory” of SI.

Co-Editor-in-Chief Steve Cannella has stated the vast majority of employees laid off during the transition from The Arena Group have been rehired, and that the media company will enhance its coverage of women’s and global sports.
^{Sports Business Journal}

NWSL Private Equity Rules: What Stake Can PE Have in Teams?
Despite being one of the youngest top-tier sports leagues in North America, the National Women’s Soccer League is one of the fastest-growing.

Here’s how fast values are growing in the league: the San Diego Wave were formed with a $2 million expansion fee in 2021, and three years later sold for $113 million. With values rising, private equity wants in.
^Sportico

Tiger Woods given special PGA Tour exemption for ‘exceptional lifetime achievement’
Woods, the signature golfer of the 21st century, is getting a free ticket to the PGA Tour’s Signature Events moving forward. The sponsor exemption gives Woods entry into each of the Signature Events on the annual schedule, although he has made just nine starts in the past three years.
^{Yahoo Sports}

C15 Studio Launches Four FAST Sports Channels With VC Backing
The studio, which will initially carry Formula One, martial arts promotion ONE Championship, Triton Poker Series and Professional Squash Association, launched Wednesday.
^Sportico

Sue Bird, Megan Rapinoe Partner with Vox Media
Bird and Rapinoe will expand their sports and pop culture show “A Touch More Live” with weekly audio and video episodes, which will be co-distributed by Togethxr, the media company founded by Bird, Alex Morgan, Chloe Kim and Simone Manuel.
^{Sports Business Journal}

Pat McAfee remains unsigned with ESPN’s ‘College GameDay’
McAfee, who has a separate contract with ESPN to license his daily “The Pat McAfee Show” has previously said that he will return to ‘College GameDay,’ but a deal to make that official is still not complete with a little over two months until the college football season begins.
^{The Athletic}

MLB game at Rickwood Field a seminal moment in Negro League history
Major League Baseball will play its first game at Rickwood Field in Birmingham, Alabama on Thursday when the San Francisco Giants and St. Louis Cardinals meet at the historic ballpark.

Rickwood Field, 114 years old this year, is the oldest professional ballpark in the United States, and hosted the Birmingham Black Barons of the Negro Leagues during the height of the Civil Rights movement.
^{USA Today}

Les Miles sues LSU over vacated wins he alleges cost him Hall of Fame eligibility
Miles’ official win-loss record from his time on the sideline at Oklahoma State, LSU and Kansas is 108-73, which is a .597 win percentage, just below the .600 mark to be considered for the College Football Hall of Fame.

Miles would be well above that .600 mark if not for 37 vacated games at LSU, as part of an investigation into the football and men’s basketball programs.
^{The Athletic}

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