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Sports Business

Basketball Hall of Fame to London

February 28, 2022 by Digital Sports Desk

LONDON – (Staff Report from Official News release) – The Naismith Memorial Basketball Hall of Fame updated the teams for the Basketball Hall of Fame London Showcase, a college basketball double-header that will be held at London’s O2 Arena on Sunday, December 4, 2022. The event will mark the first college basketball game ever played at THE O2. Originally scheduled for December 6, 2020 but postponed for concerns for the COVID-19 pandemic, the revamped event will be headlined by the University of Kentucky vs. University of Michigan at 6:00pm London time/1:00pm (ET), with Marist College vs. University of Maine leading the festivities off at 3:30pm London time/10:30am (ET).

“The Basketball Hall of Fame is proud to celebrate the game on a global scale and we couldn’t be more excited to host four Division I men’s teams in London this December,” said John L. Doleva, President and CEO of the Basketball Hall of Fame. “We were disappointed to postpone our event in 2020, but could not be more excited to get the inaugural games underway soon. The O2 is a beautiful, world-class venue and we expect many U.S.-based fans will make the trip to enjoy its amenities and support their teams abroad. We’re also looking forward to showcasing collegiate hoops to the local fans and growing the appreciation for basketball at all levels worldwide.”

“We are honoured to be hosting the Basketball Hall of Fame London Showcase at The O2 this December,” Gael Caselli, VP of Sports, AEG Europe commented. “Fans from around the world will come to celebrate basketball and enjoy the excitement and experience of college basketball in our world class venue for the very first time, as we look forward to welcoming teams from Kentucky, Michigan, Marist and Maine as part of this inaugural event.” AEG is the parent company of The O2.

The Basketball Hall of Fame London Showcase is one event in the Hall of Fame’s series of collegiate events, which continues to grow in an effort to celebrate the game outside the museum walls. Tickets for the Basketball Hall of Fame London Showcase will go on-sale to the general public on Friday, March 4, 2022, at 9:00 a.m. London time/4:00 a.m. Eastern Time via AXS.com and The O2 arena box office.

Filed Under: NCAA, NCAA Basketball, Sports Business Tagged With: Basketball Hall of Fame

Sakiewicz Steps Down from NLL Post

February 23, 2022 by Digital Sports Desk

PHILADELPHIA – The National Lacrosse League announced that Commissioner Nick Sakiewicz has decided to leave his position to pursue other interests but will continue to advise the league until June 30, 2022. The league has also announced that Deputy Commissioner Jessica Berman will assume the Commissioner duties. The league will announce the selection process for a new Commissioner in the near future.

The NLL has enjoyed unprecedented growth, new media partnerships, and expansion during Sakiewicz’s term as league Commissioner. His tenure began began January 1, 2016.

“The National Lacrosse League has seen transformative change and is poised for both future growth and success, thanks to Nick’s leadership during the past six years,” said Matt Hutchings, COO and EVP at Kroenke Sports & Entertainment, franchise owner of the Colorado Mammoth, speaking as Chairman of the NLL Board of Governors. “On behalf of the NLL Board of Governors, we thank him and the league staff, for all they have done to put the NLL in this position and look forward to seeing what he does next.”

Hutchings continued, “We understood the importance of having a strong team to carry on when the organization’s success provides opportunities for its leaders. Therefore, several years ago, we very intentionally empowered Nick to strengthen our management team with the Deputy Commissioner position. Jessica Berman has done a wonderful job in her short time in this role, and the league is in great hands with her and our experienced management team supporting her efforts.”

“I have enjoyed my time leading the NLL, and want to thank the lacrosse community, NLL’s amazing fans, players, our board, owners, partners, and, league staff for the support that has led us to the point where we are now, poised for greatness in the years ahead,” Sakiewicz said. “Through thoughtful and strategic business planning the league expanded with the right investors, embracing the digitally native fan and expanding our media reach now with both ESPN and TSN for the first time in league history, the NLL and the sport of lacrosse on every level, is in a much better place with a brighter future than ever before.”

“My decision to leave now is a personal one,” he added. “The goals I had set out when I came to the NLL from soccer have been met, and it is time for me to pursue a new, exciting and different global opportunity as my next challenge.”

Under Sakiewicz’s watch, the NLL has experienced unprecedented growth, expanding from nine to 15 teams. Under his leadership, the League also secured the two largest media rights deals in the history of the league, first partnering with B/R Live, Turner’s live streaming service, for all games to be streamed on the platform starting with the 2018–2019 season. The NLL also signed a broadcasting rights deal with ESPN.

Filed Under: Sports Business Tagged With: Jessica Berman, NLL, Sports Biz

Paul Earns WNBA Advocacy Award

February 20, 2022 by Digital Sports Desk

CLEVELAND – Phoenix Suns 12-time All-Star guard Chris Paul was named the inaugural recipient of the Kobe & Gigi Bryant WNBA Advocacy Award for Paul’s significant contributions to the advancement of girls’ and women’s basketball, and advocacy for the WNBA. The WNBA and Vanessa Bryant will present Paul the award at NBA All-Star 2022 in Cleveland during Sunday’s game.

The annual award honors the late Kobe Bryant, a devoted supporter of the WNBA and women’s basketball, and his daughter Gianna (also known as Gigi). Gigi, a happy, loving and competitive young lady, wanted to pursue her dreams of one day playing in the WNBA and continuing her father’s legacy while elevating women in sports. Gigi loved the game of basketball and aspired to reach the pinnacle of the sport like her father. Kobe Bryant contributed to the growth of the women’s game at every level through forging relationships, mentoring and training high school, college, NBA and WNBA players, coaching Gigi’s youth basketball team, and launching the Mamba Sports Academy. He also was involved with empowering girls through Her Time to Play, an initiative created by the WNBA and NBA dedicated to championing participation in athletics on behalf of girls and women.

The Kobe and Gigi Bryant WNBA Advocacy award aims to honor advocates and influencers who use their time, talent, and platform to raise awareness for the WNBA, and women’s and girls’ basketball in various ways, like Kobe was so committed to doing. Bryant, his daughter and seven others we3re killed in a horrific helicopter crash on January 26, 2020.

“I have seen first-hand Chris’ appreciation of the WNBA and the game at every level for women and girls, especially in Phoenix and North Carolina, and his ardent support of our game strongly reflects the legacy of Kobe and Gigi,” said WNBA Commissioner Cathy Engelbert. “The league is proud to name Chris as the inaugural recipient of the Kobe & Gigi Bryant WNBA Advocacy Award, as he serves as a leader and role model for other professional athletes around growing the future of the game for young girls and all fans.”

A devoted fan of the WNBA and the Phoenix Mercury, Paul has consistently demonstrated a unique level of support, attending games throughout the regular season and playoffs while also using his public platforms to highlight the on-court successes and stories of WNBA players as well as their leadership in the community through their fight for social justice. During WNBA tentpole events such as WNBA Draft and All-Star, he can be found showing his support for rookies entering the league and WNBA veterans. He also supports the youth girls’ game through camps and the CP3 Basketball Academy, with a mission of using basketball to enhance young athletes’ aspirations, disciplines and life skills. Prior to the start of the WNBA’s historic 25th season, Paul was among several NBA stars that donned a WNBA player’s jersey to amplify the historic significance of the moment. Additionally, Paul teamed up with Suns center Deandre Ayton to support the Mercury’s recent WNBA Finals playoff run.

Filed Under: NBA, Sports Business Tagged With: Chris Paul, Kobe Bryant, WNBA

Minton Named Bunn Award Winner

February 18, 2022 by Digital Sports Desk

CLEVELAND – (Staff Report from official News Release) – The Naismith Memorial Basketball Hall of Fame named Reggie Minton as the winner of the 2022 John W. Bunn Lifetime Achievement Award. Minton, a longtime military officer, men’s basketball coach and former executive director of the National Association of Basketball Coaches (NABC). Minton will be honored at the Hall of Fame Tip Off Celebration and Awards Gala during Enshrinement Weekend in September.

The Bunn Lifetime Achievement Award was instituted by the Basketball Hall of Fame’s Board of Trustees in 1973 and is the most prestigious award presented by the Hall of Fame outside of Enshrinement. Named in honor of Hall of Famer John W. Bunn (Class of 1964), the first chairman of the Basketball Hall of Fame Committee who served from 1949-1964, the award honors coaches, players and contributors whose outstanding accomplishments have impacted the high school, college, professional and/or the international game.

“The Basketball Hall of Fame honored to recognize Reggie Minton as the recipient of this year’s Bunn Lifetime Achievement Award,” said Jerry Colangelo, Chairman of the Naismith Memorial Basketball Hall of Fame. “Mr. Minton embodies what it means to be a person of integrity and character. From his time honorably serving our country to the passion and knowledge he brought to the gym as a coach, he left a wonderful impact on everyone who he came into contact with. We look forward to honoring his legacy in Springfield this September.”

A native of Bridgeport, Connecticut, Minton was an all-state selection at Bridgeport Central High School and was a collegiate standout at the College of Wooster. Following his graduation, he honorably served more than 20 years in the United States Air Force.

After concluding his military career, Minton turned to coaching where he was the head coach at Dartmouth (1983-1984) and the Air Force Academy (1984-2000), where his 16 years still stand as the longest coaching tenure in school history.

Minton joined the NABC staff as the associate executive director in 2000 and was elevated to deputy executive director in 2004. During his time with the NABC, he focused on issues that impacted college basketball and its coaches, legislative actions, and other matters pertaining to the NCAA. He was also the association’s liaison in its partnership with the American Cancer Society in the Coaches vs. Cancer program, which has raised over $100 million since its inception. Throughout his career, Minton was active with USA Basketball, the Naismith Basketball Hall of Fame Board of Trustees and the NIT selection committee. He also served on several NCAA committees, including a term as chair of the rules committee and a consultant to the NCAA Men’s Basketball Issues Committee.

Minton will be honored with the John W. Bunn Lifetime Achievement Award at the Hall of Fame Tip Off Celebration during the Naismith Memorial Basketball Hall of Fame Enshrinement Weekend September 9-10, 2022

Filed Under: NCAA Basketball, Sports Business Tagged With: Basketball Hall of Fame, NABC, NBA, NBA All-Star Weekend, NBA at 75, NCAA

Men in Blazers Expands its Reach

February 16, 2022 by Digital Sports Desk

NEW YORK – (Staff report from Official News Release) – “Men In Blazers,” the popular futbal podcast and television broadcast, will expand its portfolio with two new podcasts, “MiB The Women’s Game Podcast” and “MiB European Nights” – both new podcasts will be sponsored by Paramount+. The property also began a new affiliation with For Soccer Ventures, soon to represent MiB in its business development with a goal to create new marketing opportunities. For Soccer Venture and MiB will begin new content collaborations across their platforms, including new podcasting efforts, digital video shorts, Twitch Watch Alongs, live events and e-newsletters.

“The UEFA Champions League is the most iconic and elite continental-wide soccer competition in the world” said Scott Debson, General Manager MiB, “The growth of the (USA-based) NWSL has been one of the greatest global football stories over the last decade. We’re thrilled to begin these two new podcasts and cover these amazing competitions.”

The “Men in Blazers European Nights” podcast, will be hosted by Roger Bennett and feature Rory Smith, chief soccer correspondent of The New York Times, as a recurring guest, is designed to frame the narrative of the week’s biggest European games for the listener, framing the stakes, the background stories, and possibilities ahead of the games, with warm, intelligent, football-first storytelling designed to empower an American audience to deepen their knowledge and appreciation for the history and backstory of each team and game. This podcast will set-up the current stakes, but also delve into the historical and cultural significance behind each game.

The new property will debut in the Spring of 2022, the Men in Blazers Women’s Soccer Podcast will build on longstanding relationships within the women’s professional game and will provide a positive, joyful, insightful, life-affirming analysis of the NWSL – analyzing the weekend’s past games and setting the stakes for the games to come. Men in Blazers have always showcased the individual stars of the women’s game and in the past, have used their patented interview skills to showcase the singular, elite narratives of the game and have developed deep, meaningful relationships and credibility within the women’s game.

In addition to the new podcasts, MiB also announced a strategic partnership with For Soccer Ventures who will help expand MiB’s commercial footprint and reach within grassroots communities across the country through FSV’s experience and properties – Alianza de Futbol – the largest Hispanic soccer program (boys and girls) in America, The Black Star Initiative, Footycon and The Association.

“Men in Blazers have been integral at growing soccer in America through pop culture over the last decade and we are absolutely thrilled to be working with their world-class team,” said FSV CBO Marc Horine, “They are the perfect fit to our growing list of soccer properties across all demographics, and with the FIFA World Cup on the horizon, we look forward to opening up new audiences, brands and soccer communities.”

Filed Under: Sports Business Tagged With: men in Blazers, Soccer, Sports Business, Sports Media, Sports Tech

Costacos Unveils NFL QB Collection

February 4, 2022 by Terry Lyons

LOS ANGELES – (Staff Report from official News Release) – The Costacos Collection unveiled its second NFT drop in partnership with four legendary former NFL quarterbacks: Troy Aikman, Warren Moon, Jim McMahon, and Dan Marino. Following the company’s inaugural foray with baseball great Willie Mays, the QB Legends Collection re-imagines the four quarterbacks’ iconic ‘80s/‘90s Costacos posters in new digital form. In addition, the quarterbacks have worked closely with John Costacos and acclaimed digital artist Mike Campau to create all-new 3D art pieces capturing the defining moments and themes from the players’ legendary careers. A portion of proceeds from the drop will be donated to the Pro Football Hall of Fame Enshrinees Assistance Foundation, an organization that assists HOF members and their families.

Collectors can access the drop on the newly-launched CostacosCollection.com marketplace. The Costacos Collection has entered into a strategic technology partnership with GigLabs to build on the Flow blockchain, joining NBA Top Shot, NFL ALL DAY, and UFC Strike, created by Dapper Labs. The partnership has enabled the Costacos Collection to build a proprietary NFT marketplace on the environmentally-friendly Flow blockchain, joining other GigLabs partners that include CNN, Turner Sports, Athletes Unlimited, Speedway Motorsports, the University of Miami, and others. The Costacos Collection marketplace includes full credit card support and simple wallet signup requiring only an email address.

“We couldn’t have hoped for a more exciting group of legacy athletes with whom to partner for the launch of the Costacos Collection marketplace,” said CEO Justin Moorad. “Troy, Warren, Jim, and Dan, all with their own unique personalities and career paths, represent a generation of NFL culture that was captured in their original Costacos posters. It’s an honor to help bring those iconic images back to life, and a privilege to watch John and the players work together to create all-new digital art that we believe their legions of fans will be passionate about collecting.”

“We loved working with all the athletes, the pitchers, home-run hitters, point guards, linebackers, all of them,” said Costacos. “But there was nothing quite like creating an image with an NFL quarterback because the great ones are the guys with all the firepower that make the offense go. Jim McMahon was the first poster we printed back in 1986. There we were in Chicago, 2,000 miles from home, a couple of kids with an idea but no experience, who somehow convinced the NFL’s biggest superstar to dress up like Mad Max and take pictures next to a live bear cub in the middle of a thunderstorm. Jim was larger than life, he’d just led the Chicago Bears to their one and only Super Bowl victory and was at the forefront of sports pop culture. We may not have known how we were going to pull it off but somehow we did and had a ton of fun shooting it, and Jim did too. We got lucky with a break in the weather, the shots ended up working, and we ended up with one of the great posters of all time – and a lifelong friend in Jimmy Mac.”

“Being part of the Costacos Collection was what every athlete from our era dreamed about, it was like being on a Wheaties box but better, because you hung on the wall of every bedroom of fans across the country,” McMahon said. “It’s pretty cool that Mad Mac was the first one and the start of it all. I still have it on my wall. And it’s just as cool to be a part of this new era, I’m having tons of fun working creatively with John again. He’s the most creative guy I know, and when we’re done we always make sure to sit down for a beer or six.”

Filed Under: Sports Business Tagged With: NFL, Sports Biz, Sports Business

NBA Unveils New All-Star MVP Trophy

February 3, 2022 by Digital Sports Desk

NBA Honors the late Kobe Bryant with New Trophy for MVP

NEW YORK – (Staff Report from Official News Release) – The National Basketball Association unveiled newly designed NBA All-Star trophies in celebration of the league’s 75th Anniversary season. Designed in partnership with artist Victor Solomon, the trophies will be presented for the first time during NBA All-Star 2022 in Cleveland. The lineup of hardware is headlined by The Kobe Bryant Trophy, which will be awarded to the Kia NBA All-Star Game MVP on Sunday, Feb. 20 at 8 p.m. ET on TNT.

“As the NBA celebrates its 75th Anniversary season, this collection of All-Star trophies represents the continued growth and evolution of our game,” said Christopher Arena, Head of On-Court and Brand Partnerships at the NBA. “Through our collaboration with Victor Solomon, these trophies incorporate deep storytelling, reimagining our previous All-Star trophies in a modern aesthetic, and now serve as the new standards of excellence that future generations of All-Stars will strive to reach each year.”

Solomon’s work in this space includes his “Literally Balling” project, where he explores the icons and symbols of basketball as a platform for conceptual storytelling. His art has detailed the high process techniques involved in creating and designing stained glass basketball backboards, crystal basketballs and cast ceramic basketballs reconstructed with a Kintsugi process, and has been exhibited in New York, Los Angeles, Paris and Shanghai.

“For the past few years, the NBA and I have proudly and tirelessly worked to reconsider what a trophy is, has been and could be,” said Solomon. “Redesigning the All-Star trophies gave us a special opportunity to create event awards worthy of the energy and excitement the moment creates, while introducing the full collection’s visual, aesthetic language. The occasion also gave us the privilege and responsibility to develop an entirely new silhouette worthy of being named ‘The Kobe Bryant Trophy’ for the Kia NBA All-Star MVP for which, in the spirit of its namesake, we threw out all conventions and challenged ourselves to reorient how we thought about ‘the game.’”

Filed Under: NBA, Sports Business Tagged With: Kobe Bryant, NBA, NBA All-Star Game

Maverick Carter Joins Sox Foundation

January 19, 2022 by Digital Sports Desk

BOSTON – (Staff report from Official News Release) – The Red Sox Foundation added entrepreneur Maverick Carter to its Board of Directors. In his role, Carter will help develop and achieve the Foundation’s strategic goals and mission of improving lives throughout New England in the areas of health, recreation, and education. The new board appointment builds on a longstanding relationship between Carter and Fenway Sports Group that began in 2010 through a strategic partnership with LRMR Ventures. That relationship further deepened when Carter – through his relationship with NBA superstar LeBron James – became a member of FSG’s ownership group in March 2021.

“For the past decade, I have had the privilege of working closely with Mav and have seen firsthand how he incorporates community and service into every aspect of his work,” said Red Sox Foundation Chairman Tom Werner. “In addition to his incredible business acumen, his experience in sports philanthropy and athlete empowerment will be invaluable in how we continue to grow the programs and vision of the Red Sox Foundation. We are fortunate to have his talent and wisdom and look forward to deepening his connection to the Red Sox and FSG family.”

Throughout his career, Carter has significantly impacted the sports and media landscape and helped usher in a new era of athlete empowerment through his longtime business partnership with LeBron James and as CEO of The SpringHill Company, which owns notable brands including athlete empowerment brand UNINTERRUPTED and its More Than movement, the trailblazing hit show for leading cultural conversations, The Shop, and their blockbuster family film, Space Jam: A New Legacy.

Carter has channeled his passionate curiosity and determination to uplift others into building brands that develop authentic, award-winning content spanning several platforms, all with a common thread of empowering others. With an extensive background in marketing and business development, Carter was instrumental in building LRMR Ventures and in securing James’ lifetime deal with Nike, the first in the company’s history.

Carter also lends his time, experience, and strategic insights to leading companies and nonprofit organizations, starting as a founding Board Member of the LeBron James Family Foundation that is committed to creating generational change in his hometown of Akron. He also serves on the Board of Directors for Live Nation Entertainment and Equinox Group as well as the Advisory Council for the Smithsonian’s National Museum of African American History and Culture and Walmart’s Opportunity Leadership Council, among others.

“Empowerment is at the center of everything I do, whether that be in business, family or philanthropy,” said Maverick Carter. “It’s an honor for me to join the Red Sox Foundation’s Board of Directors and have the opportunity to help inspire and empower families and communities in Boston and beyond.”

Filed Under: Boston Sports, Red Sox, Sports Business Tagged With: Boston Red Sox

New Commitment to Women’s Hockey

January 18, 2022 by Terry Lyons

BOSTON – (Staff report from Official News Release) – At a sports business conference by the The Carnegie Initiative for inclusion and acceptance in the sport of hockey staged today in Boston, the Premier Hockey Federation (PHF) made public a commitment from its Board of Governors to invest over $25 million in direct payments and benefits to its players in the next three years. The pledge includes more than $7.5 million in salary and benefits for the 2022-23 season. The commitment represents the largest one-time independent investment in the history of professional women’s hockey and will ‘provide more financial opportunities for athletes while directly enhancing the player experience,” said a league statement.

“The PHF has been steadfast in its vision to grow the game under a new era that truly provides leading opportunities for athletes in the sport who deserve to be treated as professionals,” said Tyler Tumminia, PHF Commissioner. “This amazing investment by (franchise) ownership reaffirms the strength of their commitment to being difference-makers who advance the professional game so that our athletes can thrive as role models who continue to inspire the next generation.”

The investment to our professional players, which includes cash, full healthcare benefits provided by their club, and equity in the teams, will support the current athletes and attract new players. At the heart of the financial commitment  is a substantial salary cap increase to $750,000 for next year, 150 percent more than the current record figure of $300,000 that is available per team.

The PHF will further support its growth and the development opportunities for its athletes through expansion, updating facilities, purchasing new equipment, and increasing ice time in the form of more practices and an expanded 28 game schedule. All players will benefit from 10 percent of the equity of each team, which will be contributed to an investment pool owned by the PHF players, enabling them to share in the league’s financial success. Additionally, players will have control over their own likeness and be able to profit from their image.

“On behalf of the Board of Governors we are proud to play a part in bringing women’s sports to the next level by investing in the PHF,” said John Boynton, Chairman of the federation’s Board of Governors. “We see the PHF as a platform to address the inequities that women athletes face. We also believe in the sustainability of our developing business model and embrace our responsibility to build a platform that grows this dynamic league to historic heights.”

Over the last 18 months, the PHF has pivoted from a single entity structure to a joint venture model, with all six member clubs owned and operated by private ownership groups in their respective markets. The PHF also generated landmark broadcast and corporate partnerships, the largest sponsorship revenues in its history, and received record digital viewership and engagement during a shortened season. Prior to the 2021-22 campaign, the league announced a historic name change and refreshed logo to redefine the brand based on the skill and talent of the athletes as opposed to their gender.

 

 

Filed Under: Boston Sports, Sports Business Tagged With: PHF, Sports Business

PGA TOUR Names Advisory Council

January 17, 2022 by PGA Tour Brunch

PRESS RELEASE: PGA TOUR announces 2022 Player Advisory Council pic.twitter.com/HShWfnfTQJ

— PGA TOUR Communications (@PGATOURComms) January 17, 2022

Filed Under: PGA TOUR, Sports Business Tagged With: PGA Tour

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Besides a cross-country flight and back, the Boston #RedSox have a LONG way to go:

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Streak Done; It's All About Series Wins - Digital Sports Desk

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Boston is 8-2 over their last 10 series Boston is 8-2 over their last 10 series
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While We're Young (Ideas) on NBA/TBS and Other Assorted Notes, including a Tribute to Mike Breen:

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TIDBITS & NUGGETS: Nothing says an “Original Six” Stanley Cup Final like Las Vegas against Carolina. Not! TIDBITS & NUGGETS: Nothing says an “Original Six” Stanley Cup Final like Las Vegas aga...
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The Association Launches New NBA Basketball School Türkiye 🏀🏀🏀

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For us at Globalist Sports, working with the NBA Basketball School represents an opportunity to bring world‑class standards, structure, and ambition to youth basketball in Türkiye, said Devrim Kıv...
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Sox Clean House ...

Sox Clean House
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“The Boston Marathon is to a runner as Red Rocks is to a Rock n’ Roll band.” - TL “The Boston Marathon is to a runner as Red Rocks is to a Rock n’ Roll band.” - TL
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