At the annual Sun Valley Conference, an annual media finance conference, Casey Wasserman the founder and CEO of Wasserman, the owners of the largest sports agency, was in attendance.
He joined CNBC’s Power Lunch and was asked about the NFL Sunday Ticket negotiations which are still ongoing. Specifically, he was asked what would it mean if the NFL Sunday Ticket package went to a stream-only buyer like Apple or Amazon.
“I think it’s the begging of a transition to what people think the future of media is going to be like,” Wasserman said. “Sunday Ticket is sort of a precursor to streaming given that it was on DirecTV and subscription. It gives someone like an Apple or Amazon or whoever might buy it, hundreds of games a year to deliver to their fans in a very meaningful way and ways to experiment around those broadcasts”.
Wasserman was also asked if he thinks those rights will go to a streaming service.
“I do think they go to a tech company or a someone who is solely focused on streaming those games,” Wasserman predicted. “That’s the next generation of monetization of those fans. Given the 100+ million fans in the United States of the NFL, a streaming platform that has the ability to direct the focus to those games to those fans is a really powerful platform”.
Wasserman did not think there would be a surge in cord-cutting if more streaming services got into live sports. But he also added that streaming would add revenue to leagues and not detract from. “It’s a really powerful opportunity for the next 10 years. And what sports is, it’s predictable and unique in a world where almost nothing else is”
Sports Media Reacts To Tom Brady Retiring
“Plenty of the biggest names in the business rushed to Twitter to pay tribute to Brady’s career on the football field.”
Things seem a little more final this time. Tom Brady says he will not return to the field. The GOAT announced his retirement Wednesday morning in a video posted to social media.
While it is still unclear what happens next, plenty of people in the sports media had opinions to share. Plenty of the biggest names in the business rushed to Twitter to pay tribute to Brady’s career on the football field.
There were other reactions as well. It is well-known that Tom Brady has a ten-year contract worth $375 million waiting for him at FOX. That means plenty of people in the sports media have questions about what today’s announcement means for Greg Olsen.
Olsen has won plenty of acclaim as the analyst in the network’s top NFL booth. Brady’s deal includes him taking over that spot, so several personalities and writers used the day to publicly question the logic in that decision.
There was a third reaction too. Twitter was made for two things: reacting to breaking news and making jokes. Tom Brady announcing his retirement gave some members of the sports media the chance to do both.
Mike Francesa Has ‘No Idea’ What He’ll Talk About on First Take
“They’ll tell me today or tomorrow, I guess. Maybe we’ll wing it, I don’t know. You know I have no problem winging it.”
The much anticipated reunion between Mike Francesa and his former co-host Chris “Mad Dog” Russo is set to take place Wednesday on First Take, and the former WFAN host admitted he doesn’t know what topics will be bandied about.
“I am going to do an ESPN visit with Dog and Stephen A. tomorrow. Been planned for awhile. Really, we’ve been talking about this last year,” Francesa said on The Mike Francesa Podcast. “I don’t know what we’re gonna chat about yet. I have no idea. They’ll tell me today or tomorrow, I guess. Maybe we’ll wing it, I don’t know. You know I have no problem winging it.”
The topic came up after an email into the podcast asked Francesa if he stayed in contact with many of his former WFAN colleagues. He admitted he doesn’t chat with as many as he would like to as often as he would like, but there are still several he’ll converse with when topics arise.
“(John) Minko, obviously. I hear from certain guys at certain times, but everybody’s busy. You don’t keep in touch as much as you should, let’s put it that way…I hear from certain guys from time to time. (Marc) Malusis, (Sal) Licata, guys like that from time to time. Sid’s (Rosenberg) always texting me something or other. I do hear from some of them, and you try to keep in touch.”
Francesa’s reunion with Mad Dog will air on First Take on ESPN from 10:00 AM-12:00 PM Wednesday. Russo is a weekly contributor to the show on Wednesdays, with Stephen A. Smith putting a plan in motion to set February 1st as the reunion date during his recent book tour.
At the time of the revelation, Russo marveled at the idea of Francesa appearing on the show with him, pointing out “No other people. The three of us for two hours. Think about that. You talk about me being a fraud, Mike hated ESPN for 100 years!”
Super Bowl LVII Expected To Set US Betting Records
“PlayUSA projects that legal sportsbooks will take in a record $1.1 billion in bets on Super Bowl LVII.”
Even before sports betting was legal across the country, the Super Bowl would inspire even the most casual bettors to lay a little money down. This year, the game could help sportsbooks take in more money than ever before.
PlayUSA projects that legal sportsbooks will take in a record $1.1 billion in bets on Super Bowl LVII. That would make it the most bet on Super Bowl. It would also be the biggest handle any US sporting event has ever taken in.
The current record is held by last year’s Super Bowl. Bettors put just over $937 million down on the Rams and Bengals at legal books. The American Gaming Association projects that the total bet on the game is somewhere around $7.6 billion.
Nevada is still the king when it comes to legal sports gambling. That state is expected to take in the largest bets on the Eagles and Chiefs. Gamblers are expected to lay down $176.2 million in that state alone.
It is possible that projection is challenged. Both Pennsylvania and New Jersey, the epicenter of Eagles fandom, have legalized sports gambling. Could that affect where the most money is laid down?
Last year, more than 9 million bettors participated in the Super Bowl at legal books. In total, it is estimated that 31 million people made a bet online.
Super Bowl LVII will take place in Arizona on February 12. The Philadelphia Eagles are currently a two-point favorite.