EPORTS ESPN MLB SPORTS BETTING SPORTS BUSINESS

Athletic Scholarships, ESPN The Magazine, Future Of Sports Gambling, MLB Data Analytics

MICHAEL BARI SHOW “DAILY”

May 5th, 2019

What’s New:

  • The Olympics are set to cost $700 million more than previous estimates, due to factoring in inflation, according to a new budget released yesterday by LA 2028,, the private committee overseeing the planning and execution of the event.
  • NBA players will earn an average salary of  $7,422,823 in 2018-19, making them the highest paid athletes.
  • NASCAR has been in esports since 2009, when it signed a five-year deal with iRacing, a subscription-based racing simulation game, to launch a competitive series. In December 2018, NASCAR, the Race Team Alliance and 704 Games, with an investment from Motorsport Network, also introduced the eNASCAR Heat Pro League, a second NASCAR-organized esports league.
  • During the 2019 NCAA Tournament, 25 teams consisting of more than 350 individual players used INFLCR’s content distribution platform to share photo and video content on social media.

On This Day In Sports:

  • 1904 Cy Young pitches the first perfect game in “modern” baseball for Boston Americans against Philadelphia Athletics’s (3-0)
  • 1935 Jesse Owens of US sets long jump record at 26′ 8½”
  • 1969 23rd NBA Championship: Boston Celtics beat LA Lakers, 4 games to 3
  • 1973 99th Kentucky Derby: Ron Turcotte aboard Secretariat wins in 1:59.4 – fastest Kentucky Derby ever
  • 1978 Cincinnati Red Pete Rose becomes 14th player to get 3,000 hits
  • 1995 Last basketball game at Boston Gardens (Magic beats Celtics)

1. Thing you should know about college athletic scholarships.

  • There are roughly 138,000 athletic scholarships available for Division I and Division II sports.
  • 1 million boys play high school football, but there are only about 19,500 football scholarships.
  • Nearly 603,000 girls compete in track and field in high school, but they’re competing for around 4,500 scholarships.
  • The average athletic scholarship is about $10,400.
  • The NCAA dictates how many athletic scholarships each sport can offer in Division I and Division II. To squeeze out the maximum benefit, coaches routinely split up these awards.
  • Teenagers should send an E-mail to introduce themselves to coaches at schools that they think they’d like to attend.
  • Athletes should compile seven or eight minutes of their best stuff in an action video and then post it on YouTube send the coaches that link.
  • Don’t assume that it’s going to be for four years. Athletic scholarships must be renewed each year and that’s at the coach’s discretion.
  • Division III schools, which are typically smaller private colleges, routinely give merit awards for academics and other student accomplishments. The average merit grant that private colleges are awarding routinely slashes the tuition tab by more than 50 percent.

2. ESPN the Magazine ceases publication in September.

  • ESPN is ending the print version of ESPN the Magazine in September, more than 21 years after its launch.
  • The first edition of ESPN The Magazine was published in 1998, more than 40 years after Sports Illustrated the other prominent sports magazine in circulation first hit newsstands.
  • The last regular printing will be the “Body” issue, ESPN said in a statement.
  • According to a December report from The Association of Magazine Media, ESPN The Magazine ranked No. 1 in total audience (print and online), though it was 7.4% lower than the previous December.
  • ESPN said, “Consumer habits are evolving rapidly, and this requires ESPN to evolve as well. The only change here is that we are moving away from printing it on paper and sending it in the mail.
  • The magazine has lost money for the past several years.

3. Mobile apps might drive the future of sports gambling but  still physical sportsbooks as legal wagering expands to new places.

  • Caesars Entertainment is building what it says will be the largest sportsbook in Atlantic City at Bally’s casino, a 15,000 square foot facility costing $11 million, as well as a smaller facility at Harrah’s.
  • Set to open in mid-June, the Bally’s facility will feature a video screen nearly 100 feet long, automatic beer dispensers and even private “fan caves,” with screens and video games for those precious few seconds a customer isn’t watching or betting on a game. Also, areas will have billiards, foosball, 25 beer pong tables. It’ll be like an arcade for grown-ups.
  • Eight of the nine Atlantic City casinos have sportsbooks, as do two racetracks, The Meadowlands in East Rutherford and Monmouth Park in Oceanport.
  • The Borgata is expanding its sports betting operations from a shared-space arrangement with its horse racebook to a new $11 million facility, and Hard Rock recently finished its own sportsbook.
  • The Golden Nugget, Tropicana, Ocean Casino Resort, Resorts have all had fully built-out sportsbooks for months.
  • Montana sports betting officially became legal Friday when Gov. Steve Bullock signed one of two passed bills on the topic.
  • Expansion is occurring in Pennsylvania, where eight physical sportsbooks are operating, and seven online ones are due to open within the next two months.
  • Canada is coming close to join the United States by bringing legal sports betting country wide. citizens of Ontario can only bet legally via the provincial lottery’s Pro-Line product that allows for parlay betting, with a three-game minimum. The provincial finance minister also discussed the potential for single-game betting to generate $110 million Canadian per year in tax revenue.
  • Sports betting customers help account for an increase in overall casino business of 10 to 12 percent on prime game days such as Sundays or Monday nights during football season.

 4. How increased reliance on analytics is changing Major League Baseball.

  • Data analytics is upending long-held baseball wisdom in how to spot stars, how to predict their performance.
  • Data analytics help front offices sign players to deals and help teams with advantages stoked by the number.
  • The analytics-as-a-teaching-tool narrative took a quantum leap a year ago, when Logan MorrisonJustin Smoak and Yonder Alonso all went “launch angle” and posted the best power numbers of their careers.
  • Focusing on productivity for example, once players are hitting 32 years, they’re starting to regress in their performance.
  • Manny Machado and Bryce Harper, for example, are 26 now, and it may not make the best sense to bank on them for more than five or six years, by which time they will be 31 or 32 years old.
  • Team owners have begun adopting “a portfolio view,” where instead of putting all or most of their budget on one or two players, they spread it across three or four players.
  • Teams tread water and then maybe make a deal. They’re not spending money on a single high-performing player. Eight to ten teams have low payrolls that are building for the future.

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