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Eli Manning Talks Sports Investments And The Future Of The New York Giants
CNBC Television· 2025-07-24 15:01
Investment & Business Strategy - Eli Manning invested in X tech due to his passion for football, his positive experience using their shoulder pads, and his belief in the company's innovation and growth potential [2][14] - Manning aims to actively participate in X tech's growth, leveraging his contacts and serving as a spokesperson to expand the business into high schools [4] - Manning invested in NWSL and TGL driven by passion and a desire to help grow the business, with a focus on supporting women's sports and providing role models for his daughters [18][22] - Manning withdrew from pursuing a minority stake in the Giants due to the high cost (even a 1% stake in a company valued at $10 billion is a very big number) and potential conflicts with his broadcasting and coaching roles [16][17] X tech Analysis - X tech's shoulder pads are innovative, prioritizing safety, mobility, and flexibility, which is crucial for quarterbacks [2][8] - X tech initially gained traction in the NFL through word-of-mouth, player endorsements, and connections in equipment rooms, eventually expanding to college and high school markets [13] - X tech's success is attributed to addressing the lack of innovation in shoulder pad technology, offering lighter, more breathable, and more flexible options [12][13] Football & NFL Insights - The NFL does not mandate specific shoulder pad brands, with initial safety concerns focused on helmets and head injuries [11] - The increasing involvement of parents and schools in equipment choices is changing the landscape, with a greater emphasis on safety and performance [5][6] - Mobile quarterbacks are becoming the norm, requiring the ability to extend plays, move in the pocket, and scramble [44][45] - The NFL is proactive in educating players about gambling to maintain the integrity of the game [50]
X @The Wall Street Journal
The Wall Street Journal· 2025-07-24 11:59
For the better part of a decade, strikeouts have outnumbered hits as the quality of MLB pitching has reached unprecedented levels. But the pendulum may finally be swinging back. https://t.co/JlyG8Kpc9f ...
X @Bloomberg
Bloomberg· 2025-07-23 17:52
RT Bloomberg Live (@BloombergLive)Set against the backdrop of the @usopen, #PowerPlayers brings together influential voices from the business of sports to identify the next wave of disruption within this multi-trillion dollar industry. https://t.co/vvYlp8jlJl https://t.co/EgaHaKpAFP ...
Why WNBA players are telling the league: 'Pay us what you owe us'
NBC News· 2025-07-23 16:39
It was a very powerful moment and got the point across and you know sometimes you don't have to say anything. Top WNBA players made a bold statement over All-Star weekend by actually saying nothing. Ahead of the league's 2025 All-Star game, every player on the floor wore a shirt with the words, "Pay us what you owe us across the chest." The collective display was a direct call out to league leadership that players want more of the financial pie.On par with other pro aletes, NFL, NBA, and NHL players receive ...
Cuban-Backed Firm Focusing on 'Sports as an Asset Class'
Bloomberg Television· 2025-07-22 22:30
Investment Opportunities in Sports - The sports industry presents a significant opportunity with an estimated $300-600 billion of value creation expected over the next decade [2] - Sports as an asset class is undergoing institutionalization, attracting venture capital, lower middle market buyout investors, and private equity firms [2] - The increasing sophistication and liquidity of previously illiquid private sports assets further enhance investment appeal [3] Challenges and Opportunities in Major League Baseball - Major League Baseball faces challenges including securing a national media package due to the decline of cable, achieving payroll parity, and resolving revenue sharing issues [4][5] - Resolving these challenges is expected to drive franchise values upward, similar to trends observed in the NBA [5] - Key metrics for evaluating baseball teams include market size, minor league system strength, player development, and stadium environment [6][7] Stadium Development and Revenue Generation - Building new stadiums, ballparks, and arenas is crucial for unlocking economic potential in sports, especially for facilities over 20 years old [9] - Modern stadiums should prioritize premium experiences, including multiple levels of club and suite products to cater to diverse market segments [11][12] - Developing sports-adjacent real estate, creating "live, work, play" environments around ballparks and arenas, represents a $1 trillion opportunity [13] - Diversifying revenue streams through real estate development allows teams to generate income 365 days a year, independent of league revenue sharing [14][35] Funding Models for Stadiums - Stadium funding models are evolving, with public-private partnerships remaining common due to the perceived value stadiums bring to cities [15][16] - Private capital is increasingly involved in stadium funding, particularly in areas where public funding is politically challenging [16] - The cost of building a new ballpark is approximately $2 billion [17] Ownership and Investment Structures - Sports team ownership is expanding beyond billionaires to include millionaires as minority owners [18] - Private equity funds are creating special purpose vehicles (SPVs) allowing retail investors to invest smaller amounts (e.g., $250,000 - $500,000) in sports teams [19] - While sports teams are less liquid than other asset classes, investing with experts in the secondary market can facilitate easier exits [21] Factors Driving Sales of Team Stakes - Owners may sell stakes to raise additional capital, capitalize on high valuations, or for estate planning purposes [25][26] - Limited partners (LPs) may also seek to sell their stakes to realize gains after holding them for a period [26][27] Media Rights and Future Growth - Media deals are a critical economic engine for sports franchises, driving profitability [30] - The future of broadcast rights is evolving with the rise of streaming and direct-to-consumer models, potentially diminishing the role of traditional broadcasters [39][40] - Leagues can continue to deliver growth through media packages and internationalization [37] - Local teams can unlock value by diversifying into media companies, park operations, and content creation [37][38]
X @Anthony Pompliano 🌪
Anthony Pompliano 🌪· 2025-07-22 17:57
Why does the world's number one golfer avoid corporate sponsorship responsibilities? And what is up with the WNBA players wanting to get paid more money?@joepompliano joins to explain the money behind these two big sports stories this week. https://t.co/yQ6w1fjt6Q ...
Ted Leonsis on building a sports empire: There's something about sports that people crave
CNBC Television· 2025-07-22 13:26
Capital One Arena in Washington DC, home of the Capitals and Wizards, just began its first phase of a massive transformation. And to discuss that and so much more, an exclusive interview uh with Mindment Mental Sports and Entertainment founder, chairman, and CEO Ted Leon. Ted, it is great to see you this morning.There's about a hundred things to talk to you about in the world of sports, but do you want to start there. Um, I'd love to talk about the building and the rebirth of downtown. And I think it's very ...
X @Cointelegraph
Cointelegraph· 2025-07-22 03:01
🔥 WATCH: NFL player Saquon Barkley says he’d take his contract in Bitcoin if he could go back in time. https://t.co/hKtudFKzYD ...