MICHAEL BARI SHOW DAILY
April 21st, 2019
Welcome back, enjoy the Saturday edition recap of the week and have a great weekend!
ON THIS DAY IN SPORTS:
- 1916 Chicago Cubs play their 1st game at Weeghman Park (now known as Wrigley Field) and beat the Cincinnati Reds
- 1931 British House of Commons agrees for sports play on Sunday
- 1936 40th Boston Marathon won by Ellison Brown in 2:33:40.8
- The Indiana Pacers are staying in Indianapolis! According to Chris Sikich of the Indianapolis Star, the team and the city agreed to a 25-year deal that commits around $800 million in public funding to keep the team in town.
- In 2020 the Oakland Raiders will call Las Vegas their home. For years the Raiders sought to have a new football only stadium built in Oakland as they shared the Oakland Coliseum with the Oakland A’s (MLB). The new $1.9 billion domed stadium will be built to house the Raiders and the UNLV Rebels college football team. The stadium will be funded by a combination of private and public funds. Hotel taxes will contribute $750 million to the project with the remainder coming from the Raiders and the NFL.
- Daryl “Moose” Johnston, the former Dallas Cowboys fullback and current FOX commentator, also had a side gig as the General Manager of the San Antonio franchise in the Alliance of American Football. Johnston said he was “misled” about the long-term viability of the league.
- The NFL estimates that more than 100 children are conceived every year at tailgate parties in the Super Bowl parking lot.
- The Alliance of American Football has filed for Chapter 7 Bankruptcy. The league claims assets of $11.3 million and liabilities of $48.3 million. According to the documents, the league has $536,160.68 in cash.
- NFL rules prohibit players from entering the draft until their high school class is 3 years removed from graduation, but as of 2020 football players who wish to turn pro sooner will have a viable option besides the Canadian Football League; the XFL.
- NFL players, as well as everyday Americans, are trying to “keep up with the Joneses,” says Jets linebacker Brandon Copeland. Copeland, who saves 90% of his income, is making it his mission to educate people on how to manage their money. “A lot of this stuff kids don’t know, don’t understand because no one has ever sat down and talked to them about it.”
- They’re not as large or impressive as the rings received by the players, but all referees who officiate the Super Bowl get a serious piece of bling to commemorate the day.
- NFL Commissioner Roger Goodell is “courting new streaming partners like Amazon and Disney for NFL Sunday Ticket, straining an exclusive 25-year relationship with AT&T and setting the stage for a landmark shift” in the league’s sports rights.
- At one point in August 1971, the Pittsburgh Pirates became the first professional team to field nine players who were either black or Latino. Coincidentally, this was the same year they won the World Series.
- Speaking about Pittsburgh, it is the only American city with three sports teams that wear the same colors.
- The average life span of an MLB baseball is five to seven pitches.
- The San Francisco Giants averaged 32,165 paid fans during the first homestand, a 10-gamer that ended Sunday, compared with 38,733 after 10 games last year. At this juncture in 2018, the Giants ranked fourth among the 30 teams in average attendance. This year they are 13th. After 98 losses in 2017 and 89 more last year, the Giants will be hard-pressed to reach 3 million in attendance this year, a threshold they have achieved in all but two seasons since the doors to their downtown stadium opened in 2000.
- Thanks to a $4 million video board, a pool in the outfield, and celebrity chefs roaming the concourse, the aptly named Las Vegas Ballpark is a shining example of the best Minor League Baseball has to offer. The Las Vegas Aviators ballpark cost $150 million was brought to life thanks to an $80 million naming rights deal with Las Vegas tourism officials.
- The Big 12 Conference has inked a 5-year $40 million pact (SBJ) with ESPN that will give the cable network (or ABC) the exclusive broadcast rights to the conference’s football championship games in ’19, ’21 and ’23 – they already owned the rights to the ’20, ’22 and ’24 games.
- The value of Tiger Woods’ Sunday victory at the 2019 Masters for Nike is roughly $22,540,000, according to Apex Marketing. Shortly after Woods was declared the winner, Nike dropped a video on its social media channels starring the golfer. By Sunday afternoon, some of the Tiger Woods-branded apparel and accessories for men on Nike’s website were sold out.
- CBS Sports reports that the live final round coverage of the Masters was the highest-rated morning golf broadcast in 34 years.
- The Washington Kastles are headed to the roof. The professional tennis team will see a 700-seat stadium built on the top of Washington D.C.’s Union Market. The new Stadium will feature VIP Dinner Tables with food offerings by Union Market District restaurants, Premier Courtside Boxes, Baseline Experience and Sideline Experience seats. A sponsor reception area will also be available just off the court for private events and meet-and-greets with players.
- Premier League, Liverpool could see a new apparel deal put them into the upper echelon of soccer’s elite clubs. According to Mark Ogden of ESPN FC, the club is deep in negotiations with Nike on a deal that could become the largest deal ever signed by a Premier League club. Currently, Manchester United hold that title thanks to their $980 million dollar deal with Adidas. Liverpool’s current deal with New Balance pays the club roughly $58 million annually.
- Major League Soccer continues its expansion march. The league statement, MLS is set to expand to 30 teams in the “coming years.
- The Indiana Fever have a new jersey partner. Last fall, Pacers Sports and Entertainment signed a wide-ranging deal with Salesforce that included plans to expand the deal to brands outside of just the Pacers.
- No women made it onto Forbes’ most recent list of the world’s 100 highest paid athletes. California is aiming to combat the gender pay gap in professional sports. A bill in the state’s legislature would require athletic contests to award equal prize money to men and women. It relates to the Golden State’s competitions in surfing, cycling, open-water swimming, triathlons and other sports. Many of these are hosted on state land and waterways.
- The wives and girlfriends of the Washington Capitals are teaming up to raise money stylishly for Safe Shores DC. The blazers, bundled with signed jerseys and pucks, are up for live auction.
- Adidas will design and manufacture all official on-field Premier Lacrosse League apparel for players and coaches and athletes and staff will be outfitted with adidas adizero cleats and athletic footwear.
- When Matt Blonder, global head of digital arrived at Reebok in 2017, he was struck by how far the company needed to go in terms of digital. A personalized e-commerce experience is also top of mind for the brand, and data from the retailer’s newly announced loyalty program, dubbed Unlocked, will help inform the experience.
- Population wise, Denver is the smallest city in the country with four major professional sports teams — Denver Broncos football, Denver Nuggets basketball, Colorado Rockies baseball, Colorado Avalanche hockey and Colorado Rapids soccer. That should tell you something about the way Coloradans feel about their sports. Aside from the big four, there are many other opportunities for taking in an pro sporting event in Colorado — from NASCAR races at the Colorado National Speedway in Weld County to PGA tournaments at Castle Pines Golf Club in Castle Rock. From Colorado.com
- When it comes to the business acumen of pro athletes, the bulk of the stories we’re told are of two extremes: The millionaires who somehow lost it all, or the pros whose skill for making money just get better with age.
- The Seattle Times had reported the privately funded project’s cost had reached $900 million and likely more, and that the targeted reopening had been delayed several months — until at least June 1, 2021 — and would push up against the late-May start of that year’s WNBA season for the Seattle Storm.
- State of Colorado House Bill 1327 was introduced with bipartisan sponsorship. It asks lawmakers to send the legalization and taxation questions to voters and would allow for wagers on Colorado’s professional and collegiate teams.
- PepsiCo is looking for a way to jumpstart their sagging Gatorade sales. The solution? Launching “new innovations in sports hydration.” While Gatorade still controls 33% of the sports drink brand market, it has seen its volumes fall in recent years thanks to upstart BodyArmor. Gatorade isn’t alone, as Powerade has lost volume as well to BodyArmor. In 2017, both Gatorade and Powerade increased value but at a slower rate than BodyArmor.
- Speaking of Pepsi, Major League Baseball announced it was dropping the soda company in exchange for a new deal with its biggest rival: Coca-Cola (COKE).
- Nike is turning to women to help drive new opportunities. According to Lauren Thomas of CNBC, with Nike’s women’s apparel business representing less than 25 percent of the brand’s total sales, they believe that there is still a large part that remains untapped.
- A Supreme Court decision opened the way for states to allow sports betting, but some have moved slower than expected. West Virginia, for instance, has collected only one-fourth of the monthly tax revenue it projected. Pennsylvania and Mississippi have received only about half of the tax revenue they had anticipated, according to data from those states. Rhode Island has done even worse: State budget officials had assumed that sports betting would bring in nearly $1 million a month, but only about $50,000 is coming in each month.
- From TMZ Sports what do former Presidents do when they are out of office? well, Barack Obama was caught playing golf with Tony Romo and Emmitt Smith!
- Michael Jordan makes more money from Nike annually than all of the Nike factory workers in Malaysia combined.
- The silhouette on the NBA logo is Hall of Fame Laker Jerry West. Mr. Clutch is literally cemented in professional basketball lore.
- ESPN announced that Peyton Manning will host Peyton’s Places, a 30-episode documentary that is divided into five chapters. Set to air on ESPN+, the series debuts in July and will be released in six-episode chunks through January 2020.
- The yo-yo started out as a weapon in the Philippines during the 16th century before being introduced to the United States as a toy in 1929. It weighed four pounds and had a 20-foot cord.
- James Holzhauer is fast becoming a household name among Jeopardy! enthusiasts, and in just eight nights of winning the game show, he’s already won $460,479. That puts the professional sports gambler who lives in Las Vegas SECOND on the all-time money list. The title-holder there, of course, is Ken Jennings, who won $2,520,700 while winning a whopping 74 games in a row.
- The sports market in North America was worth $60.5 billion in 2014. It is expected to reach $73.5 billion by 2019.