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SBP Snack: Week of 2/19-2/25
5 Interesting, Funny, and Touching Things that Happened in Sports This Week
Editor’s Note: Thanks for the great feedback on last week’s edition! Please keep it coming by responding to this email or on social media (LinkedIn, Twitter).
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Good Thursday Morning. I’ve taken a new job and am on-site for onboarding all week, so bringing you an abbreviated, “snack size” version of SBP this week.
The next full issue will be coming Thursday 2/29. If you’re craving a deeper dive into sports business, you can take a look at past editions here.
Five Interesting, Funny, and Touching Things that Happened in Sports This Week
#1: Caitlin Clark makes history.
Clark broke the NCAA Women’s Basketball scoring record last week (and of course it was on a 3 from the logo). Here’s how she got there, the epic Nike ad commemorating the record, and a few examples of the business of Caitlin Clark.
The moment Caitlin Clark broke the NCAA DI women’s basketball all-time scoring record. 👏
@IowaWBB | @bigten
— NBC Sports (@NBCSports)
1:07 AM • Feb 16, 2024
The range on these is plain stupid.
Caitlin Clark 🙌🏼
— HALL of GOATS (@GOATS_hall)
3:48 AM • Feb 16, 2024
The WNBA needs Caitlin Clark...
Caitlin Clark doesn't need the WNBA.
The business behind the Iowa star set to break the NCAAW scoring record tonight:
𝗠𝗲𝗺𝗼𝗿𝗮𝗯𝗶𝗹𝗶𝗮: Clark's autographed "Bowman U" trading card sold for $78,000 (the 2nd highest female athlete sale of… twitter.com/i/web/status/1…
— Andrew Petcash (@AndrewPetcash)
3:01 PM • Feb 15, 2024
The Caitlin Clark effect:
Big Ten women’s basketball tournament in Minneapolis is a near complete sell out despite being two weeks away. Fewer than 2,000 tickets across seven sessions remain (expected 109,000 fans).
Will be the first ever full sell-out for the women’s event.
— Dan Wetzel (@DanWetzel)
5:48 PM • Feb 20, 2024
#2: Parker Byrd went through hell and back, but he got an AB in a college baseball game.
In 2022, Parker Byrd lost his leg in a boating accident.
He was just about to start his freshman year playing baseball at ECU.
Now, 22 surgeries later, Byrd has become the first person to play in a Division I baseball game with a prosthetic leg.
— Front Office Sports (@FOS)
12:10 AM • Feb 17, 2024
#3: Revenue streams by league, as broken down by Sportico.
My three key takeaways from this chart:
Lol at the NFL’s gargantuan numbers.
We’ve talked about this before, but given all of the unrest with regional sports networks right now, the MLB’s reliance on local media revenue makes you a bit squeamish.
Look at how strong the in-person experience is for the NHL (seating/suites and concessions/parking are comparable to NBA) but how far it lags behind on media side — which drives the bus when it comes to valuations — as well as sponsorships due to its smaller national footprint.
Another way to view this data, grouped by category instead of by league.
📈: @Sportico / @LevAkabas / @kbadenhausen
— Eben Novy-Williams (@novy_williams)
8:40 PM • Feb 16, 2024
#4: The NBA’s new AI viewing experience is…something.
The NBA just unveiled a new AI model that lets you turn a live NBA game into your favorite movie
— Joe Pompliano (@JoePompliano)
4:46 PM • Feb 16, 2024
#5: Shots fired! I’ll be digging more into the “Spulu” bundle between ESPN/Disney, Fox, and Warner Brothers Discovery and the industry fallout soon.
FuboTV Tuesday sued Walt Disney Company, ESPN, Hulu, Fox and Warner Brothers Discovery for alleged antitrust violations that Fubo contends have caused it “billions of dollars in damages.”
sportico.com/law/analysis/2…
— Sportico (@Sportico)
12:02 AM • Feb 21, 2024
Until next time, sports fans!
-Alex