The NWSL has now sold $585 million in expansion fees in the past three years....
Posts by Eben Novy-Williams
SCOOP: The Haslams have landed the latest NWSL expansion team. They've agreed to pay a record $205 million fee, separate from practice facility project and stadium upgrades.
More at @sportico.bsky.social w/ @jacobfeldman.bsky.social ๐
www.sportico.com/business/tea...
Today's Club Sportico Pick Six is actually a Pick Seven! We're talking:
- LIV Golf's status โณ๏ธ
- Chelsea finances ๐ธ
- A shoe company's AI computing pivot ๐
- Tottenham on the brink ๐
- Bar viewing ๐บ
- & more ๐
club.sportico.com/p/liv-fundin...
Middle Eastern sovereign wealth funds reshaped global sports in the last ten years.
Now the war in Iran threatens to shake things up again.
www.sportico.com/business/fin...
On the women's side, the Big Ten earned 32 units, which will pay $6.4 million over the next three years. The SEC was second; the ACC was third.
So the Big Ten wins both the men's and women's titles, and takes home the biggest NCAA payday from both the men's and women's tournaments.
On the men's side, the Big Ten earned 30 units, which will pay about $60 million over the next six years. SEC second, Big 12 third.
Today's Club Sportico Pick Six:
- UCLA women's basketball ticket sales ๐๏ธ
- The Tiger Woods DUI capsule collection ๐
- What's with the NBA Memphis hate? ๐
- The rough career path for young college coaches ๐งข
- More โฝ!
club.sportico.com/p/college-ba...
Today's Club Sportico essay:
As the nationโs best teams prep for the Final Four, others are waving the white flag. Itโs a healthy surrender, even if some coaches and administrators canโt stomach it.
club.sportico.com/p/college-ba...
SCOOP: The NFL has tapped five institutional firms--Ariel, Blue Pool, Dynasty, Sixth Street and Silver Lake--to be top partners in their new flag league, per sources.
TMRW Sports is operating partners. Smaller investors too. More at @sportico.bsky.social ๐
www.sportico.com/business/fin...
Today's Club Sportico:
- Why the WNBA's Sun are moving to Houston, despite bids from Boston and Hartford ๐
- A Euro soccer mystery โฝ๏ธ
- ABS humor โพ๏ธ
- SWISH! ๐๏ธ
- TGL economics โณ๏ธ
- A Big Ten flex ๐
club.sportico.com/p/connecticu...
Here's a look at the NFL and NBA's ownership rules. And how that might play out if the Seahawks sell for $9 billion and the NBA expansion team sells for $8 billion.
There is only one NFL owner that owns an NBA team in the same city.
But there's an opportunity for another right now in Seattle. Today's @clubsportico.bsky.social essay looks at the process, the likelihood, and the many hurdles--primarily, the ๐ฐ.
club.sportico.com/p/for-sale-a...
Some TGL business notes โณ๏ธ:
- Women's teams are selling for about $20M
- Multiple teams have raised at $90+ million
- Atlanta Drive raised around ~$100 million
- multiple teams are cash flow positive in the seven figures
More at Sportico ๐
www.sportico.com/business/tea...
The NCAA sues DraftKings for trademark infringement in use of "March Madness" and other tournament phrases. Super interesting case that combines worries about sports betting + usage of common terms.
On @sportico.bsky.social, @ebennovywilliams.bsky.social and I dive into the case:
Since this was made, the NCAA has added a units system for its women's tournament, and also added three more men's units for the national title game and victor.
Every year, the NCAA distributes hundreds of millions to conferences based on their March Madness success.
The specifics are confusing, and widely misunderstood. Two years ago, we made this video to be the definitive explainer on NCAA "units."
www.youtube.com/watch?v=rTKa...
Macario is a big pull for the league, which is in an arms race with the top European teams for talent. The NWSL recently changed its salary rules to make big signings like Macario's more possible...
BREAKING: Catarina Macario is joining the San Diego Wave on the largest contract in total dollars in NWSL history.
She'll be paid a shade under $8 million in fully guaranteed money over the next five seasons. More via @sportico.bsky.social ๐
www.sportico.com/personalitie...
And here's the full video:
www.youtube.com/watch?v=BBKO...
For this @clubsportico.bsky.social story we convened a roundtable of five Terps fans, from four different decades of life, to talk about their relationship with the team.
Here's a snippet of that convo:
Maryland basketball just wrapped a historically bad season. Fans are frustrated with:
- Outsider coach
- No roster continuity
- No local players
- Conference realignment that killed rivalries
Sound familiar? Welcome to modern college basketball's mercenary era ๐
club.sportico.com/p/maryland-b...
In today's Club Sportico Pick Six, we're talking about:
- WNBA labor urgency ๐
- WBC sponsors โ
- The undefeated Miami Ohio basketball team ๐ฆ
- College sports reform-mogging on Capital Hill ๐๏ธ
- More!
club.sportico.com/p/sports-bus...
Grambling has secured a trademark for this G, with written support from the Packers and UGA.
With @mccannsportslaw.bsky.social, a rare story about similar looking logos that includes collaboration, not litigation ๐
www.sportico.com/law/analysis...
In today's @clubsportico.bsky.social essay, we're talking about Dick's Sporting Good's push to become more than just a big box retailer.
And why your workout data is part of that future ๐
club.sportico.com/p/dicks-work...
Here are @sportico.bsky.social's most recent valuations for the WNBA and NWSL. #WNBA #NWSL
๐ WNBA -- $269 million average
๐ต NWSL -- $184 million average
SCOOP: Tom Dundon has agreed to sell 12.5% of the
Hurricanes at a $2.66 billion valuation. Comes as he leads a group buying the Trail Blazers for $4.25B.
More at @sportico.bsky.social ๐
www.sportico.com/business/tea...
Basically the entire #NWSL has a new control owner (or was an expansion team) within the last ~six years.
๐ด = expansion or new control owner
Yup. I consider her the control owner at this point.
Basically the entire #NWSL has a new control owner (or was an expansion team) within the last ~six years.
๐ด = expansion or new control owner