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Personalized Baseball Development App Raises $3M Seed Round
Youth baseball video-based assessment and digital training platform Pelotero has raised $3 million to democratize access to player development support with an app-based model.Yankees Tally $257.6 Million in Ticket Sales Through June Pelotero (which means “ballplayer” in Spanish) collects data from phone videos, using computer vision capabilities, as well as other tracking inputs to identify athlete strengths and weaknesses before offering customized training programs. For now, the product is pitched toward coaches and facilities looking to individualize their offerings for players ranging from tweens to aspiring pros. The company was founded by former Minnesota Twin and Toronto Blue Jay Chris Colabello and...
‘Heretic’ Lawyer Behind Houston Christian’s House v. NCAA Fight
Since the defendants and plaintiffs in House v. NCAA reached a tentative $2.8 billion settlement agreement in May, there have been no shortage of complaints from non-Power 5 schools and conferences, arguing that they are being made to suffer financially for matters over which they had no control.NCAA House Settlement Delayed by 'Infighting,' Per Plaintiffs' Lawyer But so far only one institution, Houston Christian University, has taken the formal—if legally debatable—next step in attempting to halt the case’s impending resolution. In a seven-page motion filed June 20, the school of 2,300 undergraduate students asked a federal court to allow it to...
WNBA Players Union Questions New $2.2 Billion Media Deal
The NBA and WNBA reached a new $76 billion TV rights deal with Walt Disney, NBC and Amazon that boosts the payout for NBA clubs by more than 150% on average. The news is even better for the WNBA clubs, which will receive a 500% gain on what they previously made.Ally Becomes Founding Partner of Women's 3-on-3 League Unrivaled But not everyone in the pro basketball ecosystem is cheering today. “We have wondered for months how the NBA would value the WNBA in its media rights deal,” Terri Carmichael Jackson, WNBPA executive director, said in a statement provided to Sportico by a...
Northwestern’s Ex-AD Earned $1.2M After Fraught 9-Day Stint
Mike Polisky, who lasted nine days as Northwestern’s athletic director before resigning amid campus protests and national fury, received a $1.2 million golden parachute, according to the school’s tax records.ACC Paid $7.2 Million to Lawyers, Including Ex-Big Ten Counsel In its latest IRS return, which the school filed last week, Northwestern disclosed giving Polisky a $750,000 severance in 2022. The previous year, tax documents show, he received $476,190 in separation pay. A Northwestern spokesperson declined to comment and neither Polisky nor his attorney responded to emails from Sportico. Polisky, who had served as NU’s deputy athletic director for a decade, announced his resignation...
WNBA’s $2.2B Media Rights Deal Marks 6x Jump for League
The NBA and WNBA reached an agreement with Disney, NBC and Amazon on a new round of TV deals worth $76 billion over 11 years, and the W will earn $2.2 billion over the life of the deal—or $200 million a year, according to someone familiar with the agreement—which represents a 6x gain compared to its prior ESPN deal.Caitlin Clark, Sabrina Ionescu Opt Out of WNBA 3-Point Contest The average annual value (AAV) of the agreed-upon combined NBA and WNBA rights package is more than 150% higher than the prior pact, which was worth $2.7 billion a year and expires after...
TNT on the Clock as NBA Board of Governors Approves Media Deals
The NBA on Tuesday night took the next significant step toward securing its new round of media-rights deals, as the league’s Board of Governors voted to approve the offers from Disney, Comcast and Amazon.Sporticast 363: Jim Dolan Has Thoughts on NBA's New TV Deals Speaking to the press in Las Vegas shortly after 7 p.m. local time, NBA commissioner Adam Silver confirmed that the league owners had signed off on the papered bids, which together amount to an 11-year, $75.9 billion juggernaut. But beyond the revelation that the board has voted to accept the offers, Silver wasn’t at liberty to add...
Register for Sportico’s RISE: Women’s Sports Event
Join us on October 23rd at the NBPA Headquarters for RISE, Sportico’s in-depth look at women’s sports!Doug Gottlieb's $215K UW-Green Bay Contract Contains 'Conflict' Plan Register Here Crafted to connect stakeholders from the finance, media and marketing sectors to explore insights and develop strategies that enhance investment in the women’s sports marketplace. Hear from commissioners, owners and executives at the WNBA, NWSL, PWHL and others who are responsible for making it happen.Sportico Transactions: Moves and Mergers Roundup for July 19 Sportico Rise is partnered with the NBPA and WNBPA and sponsored by Genius Sports, Horizon Sports & Experiences, Next League, and the WNBA. Varsity Brands Taking on $2.4B Debt to Fund KKR Takeover From Bain
Register for Sportico’s RISE: Women’s Sports Event
Join us on October 23rd at the NBPA Headquarters for RISE, Sportico’s in-depth look at women’s sports!Doug Gottlieb's $215K UW-Green Bay Contract Contains 'Conflict' Plan Register Here Crafted to connect stakeholders from the finance, media and marketing sectors to explore insights and develop strategies that enhance investment in the women’s sports marketplace. Hear from commissioners, owners and executives at the WNBA, NWSL, PWHL and others who are responsible for making it happen.Sportico Transactions: Moves and Mergers Roundup for July 19 Sportico Rise is partnered with the NBPA and WNBPA and sponsored by Genius Sports, Horizon Sports & Experiences, Next League, and the WNBA. Varsity Brands Taking on $2.4B Debt to Fund KKR Takeover From Bain
Manfred Open-Minded About MLB Players at LA28 Olympics
ARLINGTON, Texas – Major League Baseball is considering allowing players on the 40-man rosters of each team to participate in the 2028 Los Angeles Olympics, commissioner Rob Manfred told a closed group of reporters at a BBWAA meeting only hours before Tuesday night’s All-Star Game at Globe Life Field.Ticket Brokers Miss Out on Olympics, but See Better Days Ahead “I don’t know about the Olympics long term because in Paris they’re not going to build a baseball stadium,” Manfred said about the upcoming Games, where baseball is not being represented. “But when you look at L.A., that’s an opportunity we need...
Convicted Sen. Menendez Received F1 Tickets in Bribery Scheme
A jury in the Southern District of New York Tuesday found U.S. Senator Bob Menendez (D-N.J.) guilty on 16 counts of bribery, extortion, wire fraud, obstruction of justice and acting as a foreign agent. California College Athlete Bill Dies as NCAA Scores Reprieve Formula 1 grand prix race tickets provided by the Qatari government were among the bribe payoffs prosecutors say Menendez received. Other high-value payoffs included gold bars, a Mercedes-Benz and hundreds of thousands of dollars. Menendez, 70, faces a maximum prison sentence of 222 years if the charges are run consecutively. Although the presiding judge, Sidney Stein, won’t sentence Menendez to...
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