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New Sports Biz & Tech Innovation: NBA “Launch Pad”

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NEW YORK – The National Basketball Association recently announced a new start-up and innovation concept – NBA Launchpad, the league’s latest initiative to source, evaluate, and pilot emerging technologies that advance the NBA’s top basketball priorities across all levels of the game.

Starting June 1, companies and entrepreneurs can apply to NBA Launchpad by submitting innovations that address one of four priority areas: Elevating Health and Wellness in Youth Basketball, Enhancing Elite Youth Player Performance, Innovating Ankle Injury Prevention and Recovery, and Advancing Referee Training and Development.

“With NBA Launchpad, we can identify and support the next generation of innovative sports technology, continuing to advance our top basketball priorities and elevate our global game,” said Evan Wasch, Executive Vice President, Basketball Strategy & Analytics.

Following a rigorous evaluation process, selected applicants will participate in a six-month R&D pilot within the NBA’s platform of elite and grassroots programs. As part of NBA Launchpad, companies and entrepreneurs will receive access to NBA resources, hands-on support, and other unique incentives to develop the future of basketball-related technology.

NBA Launchpad is seeking submissions for innovations that address the following basketball priorities:

  • Elevating Health and Wellness in Youth Basketball

Promoting a healthier grassroots experience for millions of boys and girls is a critical priority for the Jr. NBA program – the NBA and WNBA’s global youth basketball participation program. Developed in partnership with USA Basketball, the Jr. NBA’s Youth Basketball Guidelines highlight the benefits of youth basketball participation and provide age-appropriate recommendations and guidelines to reduce the risk of injuries, fatigue, and burnout. The NBA is looking for additional innovations that assist players, parents, coaches, and administrators in promoting a healthier grassroots basketball experience.

  • Enhancing Elite Youth Player Performance

The NBA operates elite youth development programs domestically and around the world to identify and develop top basketball talent, including NBA G League Ignite, NBA Academies and Basketball Without Borders. To continue improving the quality of these programs, the NBA is searching for new products and services that enhance elite youth player performance. 

  • Innovating Ankle Injury Prevention and Recovery

Due to the prevalence of ankle sprains at all levels of the game and the negative impact on player health, availability, and performance, the NBA has undertaken a broad evaluation of ankle sprains, including publishing research, expanding data collection, and working with medical experts and key stakeholders to better understand and address these injuries. To supplement ongoing efforts, the NBA is seeking innovative approaches to further reduce the impact of ankle injuries.

  • Advancing Referee Training and Development

Officiating an NBA game takes years of preparation and training at the highest level. Every year, the NBA trains and evaluates thousands of amateur referees all over the world. To strengthen these current programs, the NBA is seeking technologies that enhance the training, development, and recruitment of referees.

Sports Biz: Bruins Extend Radio Deal

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BOSTON – (Source: Official News Release) – Greater Boston-area radio station – 98.5 The Sports Hub – and the Boston Bruins announced today a new multi-year extension to their partnership. As the flagship station of the Boston Bruins and the Boston Bruins Radio Network, the station is proud to broadcast all Bruins games for years to come.

In addition to broadcasting all Bruins games, 98.5 The Sports Hub will continue to air 30-minute pre- and post-game shows along with the two-hour weekly program, “The Hockey Show” which airs on Saturday from 9am-11am during season.

“The Sports Hub consistently delivers quality game broadcasts and comprehensive hockey coverage for our fans, and they have been crucial in joining our efforts to grow the game of hockey throughout New England,” said Bruins team president Cam Neely.

“We are thrilled to continue our longstanding partnership with the Boston Bruins and to be able to share our passion for the Bruins with our loyal New England fans,” said Mary Menna, VP & Market Manager, Beasley Media Boston.

“When the Sports Hub launched in 2009, we were committed to bringing our Bruins programming to another level,” said Sports Hub program director Rick Radzik. “Now, 12 years into our relationship, we’ve both achieved some great successes. I’m very pleased that we will continue to provide listeners with the excellent Bruins coverage they’ve come to expect.”

98.5 The Sports Hub, the country’s top sports station and the #1 station in Boston with men and adults.

A-Rod Still Working on T-Wolves

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MINNEAPOLIS – Former Major League Baseball MVP and World Champion Alex Rodriguez and his billionaire financial backer Marc Lore have yet to complete their deal to purchase the NBA’s Minnesota Timberwolves following a 30-day exclusive negotiating window. The potential ownership group has reportedly continued to negotiate with Timberwolves’ current owner Glen Taylor.

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The Athletic originally reported an agreement was reached on a $1.5 billion price and that the team would remain in Minneapolis — a requirement from Taylor, who has owned the team for almost 30 years.

Rodriguez and Lore would first become minority owners, according to The Athletic, and in 2023, would gain full control. The deal would also include the WNBA’s Minnesota Lynx.

IVY League to Return to Fall Sports

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PRINCETON – IVY League football will be back in action this Fall, barring any unforeseen and major setbacks from the variants of the COVID-19 virus which halted IVY League sports in March, 2020.

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The IVY League school Presidents issued a joint statement today, addressing likely “in-person” learning and the resumption of all Fall sports.

“At each of our campuses, we are busily planning for the fall semester. As is prudent given all the uncertainty around the course of this pandemic, we are each planning for a range of possible scenarios. But given the current steady decline of Covid-19 infections in this country, and the broad availability and uptake of vaccinations, we are optimistic that our campuses will be back to something close to normal by this fall, including in-person learning with students in residence. And this includes our expectation for the resumption of regular competitive schedules for Ivy League athletics across all sports beginning in fall 2021.

“We know that this has been a challenging year for Ivy League student-athletes – as it has for our entire campuses, our country and the world at large – and we very much look forward to a return to spirited athletics competition and to the Ivy League rivalries that make our conference so special. Barring unanticipated circumstances, such as a dramatic increase in infection rates from a variant in the virus, we look forward to welcoming our teams back to intercollegiate competition this fall,” read the statement (which did not have typos).

 

Sports TV: Class is in Session with Doug Glanville on Marquee Sports

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CHICAGO – Regional Sports Networks are upping the ante each and every year and Chicago’s Marquee Sports Network is leading the trend of RSN’s producing original “network quality” programs.

Class is in Session with Doug Glanville is a monthly show that explores the sports industry within the larger lens of its effect on society. It premieres its newest episode this Friday, April 23, on Marquee Sports Network. Presented by UI Health, this month’s episode focuses on the decision by Major League Baseball to move the All-Star Game from Atlanta to Colorado and how the Players Alliance is giving a voice to minority players and providing outreach in communities across the country.

To view a trailer, click below:

https://www.marqueesportsnetwork.com/doug-glanville-discusses-mlb-all-star-game-and-players-alliance-on-newest-episode-of-class-is-in-session/

Guests for this episode include:

Jason Heyward – Chicago Cubs outfielder, 12-year major league veteran and member of the Major League Player Committee for The Players Alliance
Curtis Granderson – 16-year major league veteran and President of The Players Alliance
Ken Rosenthal – Senior writer for The Athletic and MLB Network insider
Doug Glanville, the show’s host, creator and one of its executive producers, was nominated for a 2021 Sports Emmy Award for his “Enough” video essay and draws on his experience as a veteran MLB player, baseball analyst, writer, and college professor of sport and society as he interacts with this distinguished panel of guests.

“Having the opportunity to learn and engage with true insiders and their knowledge of the impact and motivation around MLB moving the All-Star Game is unique,” said Glanville. “Between Curtis, Jason and Ken, we get an education on all the factors at play and why it was so significant for MLB to take a stance. The conversations are deep and examine historical context through current player insight.”

During the wide-ranging discussion, Glanville and the panel of guests discuss what led to MLB’s decision to move the All-Star Game, the role of players in that decision and how The Players Alliance is going above and beyond to impact all communities, including Atlanta.

Jason Heyward, a native of the Atlanta area, shared his support for moving the game out of Atlanta, while acknowledging that he remains committed to his hometown.

“It’s cool to know that the Players Alliance will still be going to Atlanta, and will still be reaching out in these communities … I’m looking forward to being a part of that any way I can,” said Heyward.

Glanville, a nine-year MLB veteran, is a Marquee Sports Network analyst and the host of “Class is in Session with Doug Glanville” presented by UI Health, a half-hour panel show exploring the intersection between sports and larger society. Glanville was selected by the Cubs in the first round of the 1991 MLB draft and made his major league debut with Chicago in 1996.

After spending five-plus seasons with Philadelphia and Texas, he returned to the Cubs in 2003 and hit a go-ahead triple in the 11th inning of Game Three of the NLCS against the Marlins. He was the first African American Ivy League graduate to play in the MLB.

Sports Biz: Draft Kings Extends NFL Deal

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BOSTON – (Source: Edited Official Company News Release) – DraftKings Inc. and the National Football League recently announced a deal to make DraftKings an Official Sports Betting Partner of the League and extend its current relationship as the exclusive Official Daily Fantasy Partner for the NFL.

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“The way fans consume sports years from now will look drastically different, and it will be due in part to forward-thinking collaborations like our expanded relationship with the NFL today as an Official Sports Betting Partner and the exclusive Daily Fantasy Sports Partner,” said Jason Robins, CEO, chairman and co-founder, DraftKings. “We share the same vision as the NFL on fan engagement and believe this agreement will lead to new innovations that will ultimately enhance both the product on the field and on the screen.”

As an Official Sports Betting Partner of the NFL, DraftKings will have the right to integrate relevant sports betting content directly into NFL Media properties including NFL.com and the NFL App. As part of the agreement, DraftKings will utilize the NFL’s official League data feed.

DraftKings will also be able to enhance their fan experience with NFL highlights, footage and Next Gen States content.

“We’re thrilled to renew our relationship with DraftKings as the NFL’s exclusive Daily Fantasy Sports Partner and expand it by adding them as an Official Sports Betting Partner,” said Renie Anderson, Chief Revenue Officer and Executive Vice President of NFL Partnerships. “For several years DraftKings has helped find new and different ways to engage NFL fans and we expect that to increase with the evolution of legalized sports betting.”

In addition to becoming an Official Sports Betting Partner of the NFL, DraftKings will renew its exclusive relationship as the Official Daily Fantasy Partner of the NFL, which provides DraftKings with exclusive rights to NFL marks to promote daily fantasy sports contests. DraftKings will continue to collaborate with the League on a variety of content and product offerings that fans can engage with on the DraftKings Sportsbook and Daily Fantasy Sports apps. The deal also includes integrations across NFL Media properties including a continued prominent presence within the NFL RedZone channel.

 

ShotTracker Obtains Added Financing

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KANSAS CITY – (Source: Official News Release) –  DDSports – doing business as – ShotTracker, a revolutionary sports technology that captures rich performance data via sensors and provides statistics and analytics with sub-second latency, today announced a new round of financing by Hearst Ventures, the venture capital unit of Hearst. The $2 million investment by Hearst Ventures is in addition to an $11 million USD investment led by Evertz Technologies Limited (Evertz) and Verizon Ventures, which was announced earlier this year. It completes the current funding round for the company.

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Early funding for ShotTracker came from a group of investors, including the late David Stern, former NBA Commissioner and Earvin “Magic” Johnson, among others.

“We are proud to have brought on Hearst Ventures as our latest investment partner,” said ShotTracker Chief Executive Officer Bill Moses. “Their expertise and knowledge of the media partnerships space will be pivotal as we refine and grow not just our offering to NCAA men’s and women’s basketball programs, but to broadcast partners as well. That broadcast integration has been the most requested element for our technology and we feel will be a key for our growth in the coming years.”

“Our goal with ShotTracker from day one is to go beyond the work we do with our partner schools,” said ShotTracker Co-Founder and President Davyeon Ross. “This investment, on top of our work with Evertz and Verizon Ventures, gives us a much wider runway and a greater opportunity for scaling success of our business going forward. We will continue to focus on our platform for NCAA men’s and women’s basketball, but additional opportunities are now coming into focus that will make this partnership very important for us.”

ShotTracker brings elite-level, real-time analytics to the court. The company’s patented technology tracks data in three parts: a ShotTracker-enabled ball, sensors on players’ jerseys and court sensors that map the court in 3D. Data is processed through the company’s proprietary algorithm displayed on the ShotTracker app and dashboard and is also integrated with Evertz’s cloud-based live production solutions. The real-time data can be used to automate camera productions from remote locations and can be licensed by media and sports data companies and will be enhanced by all the innovation Verizon is bringing through their cutting-edge work in 5G.

Sports Biz: Draft Kings Acquires VSiN

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BOSTON – DraftKings announced that it has acquired Vegas Sports Information Network (VSiN) , a multi-platform broadcast and content company delivering trusted sports betting news, analysis, and data to U.S. sports bettors since 2017. The acquisition will enable DraftKings, which is live with mobile and/or retail sports betting in 14 states, to further build out its content capabilities and will augment VSiN’s ability to broaden their audience alongside the expansion of legal sports betting in the U.S.

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“VSiN creates authentic and credible content that resonates with sports bettors at every level, whether they’re experienced or new to sports betting,” said Jason Robins, DraftKings’ co-founder, CEO and Chairman of the Board. “In addition to its brand equity among sports bettors and engaging talent roster, VSiN also has an established infrastructure that DraftKings can immediately help expand, in the hopes of adding value to consumers who are looking to become more knowledgeable about sports betting.”

VSiN, which operates out of Las Vegas, develops, produces, and distributes up to 18+ hours of live linear sports betting content each day. In addition to its 24/7 stream, VSiN’s original content is accessible through multiple video and audio channels including Comcast Xfinity, Sling TV, fuboTV, Rogers’ Sportsnet, MSG Networks, NESN, AT&T Pittsburgh, Marquee Sports Network, a dedicated channel on iHeartRadio and TuneIn, as well as terrestrial radio stations throughout the country, and its growing slate of podcasts and betcasts. VSiN’s current talent roster includes Brent Musburger, legendary sports broadcaster; Michael Lombardi, former NFL executive; Gill Alexander, host of the Beating the Book podcast; and Pauly Howard and Mitch Moss, co-hosts of VSiN’s popular morning show, Follow The Money.

“We created VSiN as a destination for sports bettors to find the most credible content to help inform their wagering decisions,” said Brian Musburger, CEO of VSiN. “Harnessing the power and network of the DraftKings brand will allow us to reach an even wider audience with our unique content.”

DraftKings’ vision is for Musburger and his leadership team to continue to manage day-to-day operations while maintaining editorial independence. DraftKings intends to fully integrate VSiN’s current employee base located in Las Vegas, including its on-air talent, into its 2,600 person global workforce. Since opening a Las Vegas office in January 2020, DraftKings has grown its local employee base by 132%. The Company also recently announced a multi-year agreement to become a primary sponsor of the Center for Gaming Innovation, housed within the International Gaming Institute at the University of Nevada, Las Vegas.