Alibaba Co-Founder Nears Record-Price Deal In NBA Acquisition

Alibaba co-founder Joseph Tsai is nearing an agreement to gain sole ownership of the NBA Brooklyn Nets in a deal valuing the team at $2.35 billion, according to the New York Times.

The deal, which will set a record for the purchase price of a U.S. sports franchise, does not include a stake in the Barclays Center, the team’s arena, though Tsai is also expected to eventually gain control of that from Prokhorov’s Onexim.

The negotiations were confirmed by two people with knowledge of them who were not in a position to discuss them publicly.

Read the full story here.

ESPN Boosts Betting Profile Ahead Of U.S. Football Season

ESPN’s sports betting news and information programme Daily Wager moves to ESPN2 on August 20 and will be expanding with a new Sunday morning edition to air during the upcoming football season.

Daily Wager, which was launched on March 11, airs from 6-7 p.m. ET Monday through Friday. To date, it has gone out on ESPNEWS.

“Daily Wager has caught on with our viewers and now we look forward to serving even more sports fans with the move to ESPN2,” said Ilan Ben-Hanan, ESPN Vice President, Programming and Acquisitions, who oversees ESPN’s sports betting programming. “And the addition of a new Sunday morning edition this fall will expand the audience even more during a very busy time of the year.”

The one-hour Sunday morning edition of Daily Wager, which debuts September 8 will feature up-to-the-minute analytics, point spreads and discussion of how the day’s news will affect sports betting.

Also on August 20, ESPNEWS viewers will notice a change in the look of the channel as the screen is modified to include surrounding graphics related to sports betting news, lines and information 24 hours a day, with the exception of during live event telecasts. The same format will appear on ESPN2 during Daily Wager episodes.

As part of a new deal announced earlier this year between ESPN and Caesars Entertainment, Caesars is serving as ESPN’s official odds data supplier.

Real Betis: “Fans Are Part Of Our Storytelling Too”

The 2019-20 LaLiga season kicks off tomorrow evening when Athletic Bilbao takes on the defending champions of FC Barcelona. As Real Betis starts the new campaign on Sunday against Valladolid,  Alejandro Daroca, the Seville club’s Communications Manager, speaks to iSportconnect TV about the importance of the team’s loyal and demanding fans in shaping a flexible approach to digital content.

Borussia Dortmund Hits New Revenue High

Bundesliga club Borussia Dortmund hit a new record for revenues (excluding transfers) and delivered annual profits for the ninth straight season in the latest financial year.

In the year ended 30 June 2019 the Borussia Dortmund Group achieved consolidated revenues of €489.5 million (previous year €536.0 million).

Without transfers the consolidated revenues increased 18% from €313.3 million. to €369.3 million.

Consolidated earnings after taxes amounted to €17.4 million (down from €31.7 million the previous year).

EBITDA amounted to € 116.0 million (previous year € 137.3 million).

The revenues break down as follows (with previous year):

  • Match operations €44.7 million (€ 42.3 million)
  • TV rights €167.3 million (€122.3 million)
  • Advertising €96.8 million (€94.0 million)
  • Transfers €120.2 million (€222.7 million)
  • Catering, conference and other €30.5 million (€25.2 million)
  • Merchandise €30.0 million (€29.5 million)

Viaplay Will Offer Lomachenko Title Bout On PPV

Nordic Entertainment Group (NENT) Group will provide exclusive coverage across the Nordic region of the boxing match between Vasyl Lomachenko and Luke Campbell on 31 August at London’s O2 Arena. on the Viaplay streaming service as a pay-per-view event.

World champion and double Olympic gold medalist Vasyl Lomachenko (13-1, 10 КОs) can move one step closer to unifying all four major lightweight titles against 2012 Olympic champion Luke Campbell (20-2, 16 KOs).

Lomachenko vs. Campbell will be shown live as a pay-per-view event on Viaplay and will be priced at DKK 499 in Denmark, EUR 49.95 in Finland, NOK 499 in Norway and SEK 499 in Sweden.

Kim Mikkelsen, NENT Group Head of Sport: “Two southpaws, three belts – and only one place to stream. Undoubtedly one of the finest boxers of all time, Lomachenko can move nearer to unifying all four major lightweight titles, while British Olympic hero Campbell will give everything to cause an upset in front of a passionate home crowd. Nordic fight fans can look forward to another memorable night on Viaplay, the undisputed champion of the world’s best sporting action.”

NFL Faces Renewed Ant-Trust Challenge On Pay-TV Package

What would the television market look like if the NFL couldn’t pool all of the league’s out-of-market games and sell them as a package? The question will be moving forward in court after a decision yesterday in the U.S. 9th Circuit Court of Appeals.

An anti-trust challenge by subscribers of DirecTV’s Sunday Ticket package was dismissed by a federal judge two years ago, when a judge rejected the proposition that restraining broadcasts of out-of-market games resulted in less output and higher prices.

On Tuesday, 9th Circuit Judge Sandra Ikuta delivered a majority decision reversing the dismissal.

The decision comes as DirecTV’s deal with the NFL for Sunday Ticket draws to a close.

Read the Hollywood Reporter’s coverage of this complex case here.

NFL Star Russell Wilson Joins Seattle MLS Ownership Group

NFL quarterback Russell Wilson and his wife, R&B star Ciara, have become shareholders in the Seattle Sounders MLS team, joining 10 other new families in the club’s ownership group, all with direct ties to Seattle, bringing a wealth of expertise sports, entertainment, technology, broadcast and finance.

Wilson, who won the Super Bowl in 2013 and has been an NFL all-star six times in his seven seasons in the league, also joined a group that is looking to bring a NBA team to Seattle and is part of the group hoping to build a baseball stadium and lure an MLB team to Portland, Oregon.

This new group of Sounders investors is led by former Microsoft executive Terry Myerson.

Seattle-bred hip hop star Macklemore is also joining, in addition to several other representatives of Microsoft’s present and past, including CEO Satya Nadella and CFO Amy Hood.

Also joining is David Nathanson, who has overseen FOX Sports Media Group’s national sports networks.

This new group of partners joins Sounders FC’s existing Ownership contingent of majority owner Adrian Hanauer, Drew Carey and Jody Allen.

Sounders FC founding owner, Hollywood producer Joe Roth has announced his departure from the club.

“We are doubling down on this community and growing our local roots even deeper,” said Hanauer. “Sounders FC was born right here in Seattle, and for more than 40 years, the club has forged a meaningful legacy that is deep and far-reaching. Today’s news is a testament to what our community has accomplished, as 11 new families have joined with the broader Sounders family as fans and invested stewards of our club.”

Real Madrid: “We’re Building Our Ability To Work With Different Partners In Different Ways”

Emirates, Adidas, Audi, Coca-Cola, EA, Nivea, and more… Real Madrid has a stunning list of top-flight global brand partners. As David Hopkinson, the club’s Global Head of Partnerships, points out in this exclusive interview on iSportconnect TV, Real Madrid also works with brands in key markets, whether it’s a bank in China or a telco in Mexico, to deliver high value nationally as part of a bespoke approach to tailoring partnerships.

Sport Event Denmark: “Hosting The Tour de France Helps Our Cycling Ambitions”

In 2021, the Grand Depart of the Tour de France will be hosted for the first time ever, in the Nordic region, in Copenhagen (Tour de France General Director calls it “the greatest cycling city in the world”). At SportAccord 2019, Lars Lundov, the CEO of Sport Event Denmark, spoke to iSportconnect TV about the significance of hosting the Tour – there will also be two other Danish stages – and plans for other major events, including the Euro 2020 football tournament.

32Red And Science In Sport To Speak At Brands & Partnership Masterclass

iSportconnect is delighted to announce that Matt Booth, Chief Commercial Officer at 32Red and Simon Freedman, UK Country Manager, Football at Science in Sport will be speaking at the 2019 Brands And Partnership Masterclass slated to take place on 12th September.

Matt has worked in the gambling industry for 20 years and leads the brand strategy for 32Red and Unibet in the U.K. who currently sponsor many major sports teams/events including in football Leeds, Derby, Middlesbrough & Preston in the Championship and Rangers in SPL. Plus across other sports such as The Unibet Premier League darts, over 300 horse races, and all of Frank Warrens boxing nights on BT Sport.

Matt is the co-founder of Cyclickal and advises gambling brands across all stages of the customer journey helping them achieve their business goals.

He was formerly the Commercial Director at Betfair for six years during the time they were betting partners with Manchester United, Betfair and the ECB.

Simon is an adept commercial leader with over twenty years experience within FMCG, Sport and Consultancy.

In the early part of his career, Simon worked for leading consumer goods companies such as Nestle & Coca-Cola, where he led football marketing in the UK, which included award winning campaigns such as Coke’s ‘Buy a Player’. And as Brand Director on Lucozade, Simon ran the brand & sponsorship agenda, working with the Premier League, RFU & Mo Farah during London 2012. He returned Lucozade Sport to growth after a long period of decline.

Following a 4-year stint in consultancy at Accenture, where Simon worked with C-suite leaders at organisations such as HSBC on global marketing capability programmes, he has recently returned to working at the heart of sport. He is currently the General Manager for Science in Sport’s (SiS) rapidly expanding football business. SiS is a global leader in sports nutrition to elite & amateur athletes, and his team work with over 100 leading Pro clubs throughout Europe, including sponsorships with the likes of Manchester United. He is also seeking to drive growth in the consumer business amongst grassroots players who notoriously don’t think as much about their sports nutrition needs, as cyclists or runners.

The Brands & Partnership Masterclass will look at the integration of sport and brands, providing an exclusive opportunity to engage with thought leaders in a challenging and fast-changing global business, hearing from expert speakers sharing their experiences of communicating with their target audiences.

To register your interest for the Brands & Partnership Masterclass, please contact Emma at info@isportconnect.com.