Sport & Story Daily June 3, 2024

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June 3, 2024

Good morning! It’s Gotta Be The Shoes!

The Nostalgia Market: Michael Jordan’s Memorabilia Remains Coveted, With Caveats
A pair of game-worn, signed rookie-season Air Jordan 1s sold for $560,000 right before the finale of The Last Dance in May 2020. If that seems crazy, three months later a pair of game-worn Air Jordan 1s from a summer exhibition in Italy sold for $615,000.

Despite retiring two decades ago, few athletes’ memorabilia experienced a COVID-19 boom quite like Jordan’s.
^{Front Office Sports}

Big 12 to distribute record $470 million amid realignment
Commissioner Brett Yormark believes the conference is in great shape, even with the 10 full-share members receiving smaller amounts this year than last year due to new members in the 2023-24 academic year.
^ESPN

Foot Locker, Dick’s, and Adidas Fueling a Sporting Goods Comeback
As Eric Fisher of Front Office Sports writes, a deep malaise that infected most of the sporting goods and footwear business for nearly a year is now perhaps yielding to a new period of recovery.
^{Front Office Sports}

Formula 1 Group’s stock rising after Deutsched Bank upgrade
The F1 stock was up to $68.76 on Friday, and is up 18.6% year-to-date.
^{Sports Business Journal}

Soccer Star Christian Pulisic Profiled In Paramount+ Documentary
The documentary will take a behind-the-scenes look at how Pulisic has become America’s biggest soccer star, and will begin filming this summer. It will premier this fall during the 2024-25 soccer season.
^{Yahoo! Sports}

ESPN Wants More SEC Games, but Conference Eyes a Bigger Payday
The SEC has toyed with the idea of adding a ninth conference game to the football schedule for a while now. In order to do so, the conference wants Disney to fork over more money.
^{Front Office Sports}

Proposed new videoboard at Auburn stadium to cost $25.7M
The new videoboard, which will be roughly two-thirds the size of the existing videoboard in the north endzone at Jordan-Hare Stadium, “will come from gifts to the athletic department,” according to Matt Cohen of AL.com.
^{Sports Business Journal}

Bills sign Olympic gold medalist wrestler Gable Steveson
Steveson, who most recently signed to the WWE but was released earlier this month, has never played football at any level. The Bills signed the 5-foot-11, 266-pound Olympic champion as a defensive end.
^{The Athletic}

Mets name Andrew Grossman as chief growth officer
As the first person to hold the title for the Mets, Grossman will be responsible for leading new initiatives that drive incremental revenue growth, deepen engagement with fans and improve organizational effectiveness.
^MLB

Can College Rodeo Catch Cowboy Fever? Learfield Reckons So
Anchored by schools such as Wyoming, Cal Poly and Montana State, Learfield has recently stated it hopes to add another eight to 10 schools by the end of the year, with the targeted goal of 40 teams in the future.
^Sportico

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