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💰 She’s all that💰 She’s all that
New data reveals that women’s sports’ sponsorship deals increased by 22% YoY
SponsorUnited data recently revealed that the number of sponsorship deals in pro women’s sports increased by over 22% YoY thanks to more than 5.5K deals last year. These numbers further prove the marketability of women athletes, who also see consistently higher rates of engagement.
February 23, 2024
💸 Come to collect💸 Come to collect
New social platform for collectibles launches with key sports investors
Wheelhouse Entertainment CEO Brent Montgomery and Reddit co-founder Alexis Ohanian (aka Serena Williams’ husband) launched Mantel yesterday, a social media platform focused on the collectibles community.
February 14, 2024
📺 A raw deal 📺 A raw deal
Major media TV rights package creating unease across industry
Last Tuesday, ESPN, FOX, and Warner Bros. Discovery announced their intention to create a unified live sports streaming app. It would offer content from all three platforms, a prospect that has already spooked smaller streamers, Wall Street investors, and sports leagues.
February 12, 2024
💸 Payday someday💸 Payday someday
Women athletes still rank far behind men in earnings
Sportico released its list of top 100 highest-paid athletes — and none of them are women. In fact, women don’t even make the top 200. Last year’s highest-earning female athlete, Coco Gauff, raked in $22.7M, light years away from overall No. 1 earner Cristiano Ronaldo’s $275M.
February 09, 2024
🎓 Like a pro🎓 Like a pro
NCAA athletes win several key legal battles in ongoing fight for labor rights
College athletes keep winning major battles in the fight to be recognized as employees, a distinction that would allow them to earn income and experience labor protections. From Dartmouth to USC, the NCAA’s amateurism model is giving way to a new, labor-protected college landscape.
February 07, 2024
💼 It’s venture time💼 It’s venture time
The Players Fund founder highlights what women athletes bring to the table
Fergus Bell, founder of the athlete-led venture capital firm The Players Fund (TPF), recently argued that women athletes can be more impactful than male sports stars. While Bell mentioned how this is influencing sports sponsorships and coverage, recent additions to TPF demonstrate how it’s also influencing the boardroom.
February 07, 2024
🏛️ A more perfect union🏛️ A more perfect union
The NCAA lost its Ninth Circuit appeal last week
The NCAA took another L in its war against NIL last Thursday by losing its Ninth Circuit appeal to avoid paying out $4B in class action damages to eligible athletes, while the National Labor Relations Board resumes hearing a case today that could reclassify USC athletes as “professionals.”
January 22, 2024
📺 Diamond in the sky📺 Diamond in the sky
Amazon invests in Diamond Sports Group
In addition to restructuring its $8.6B debt, DSG secured a key investment and distribution deal from Amazon, which has been eager to expand its sports footprint.
January 19, 2024
🐟 Ride the wave🐟 Ride the wave
Deep Blue Sports and Entertainment team up with WNBA legend Sue Bird
Deep Blue Sports and Entertainment — a new agency dedicated to amplifying women’s sports — announced a groundbreaking partnership with retired WNBA legend Sue Bird on Monday.
January 10, 2024
💰 Bundling up 💰 Bundling up
The NCAA and ESPN announce an eight-year extension of their media rights package
Although many hoped the NCAA would unbundle women’s March Madness, the basketball tournament is included in the deal.
January 05, 2024
📈 Outliers: A story of success📈 Outliers: A story of success
The financial forecast predicts continued growth for women's sports in 2024
The financial forecast for 2024 is looking a little stormy as experts foresee a moderate economic slowdown on the horizon.
December 18, 2023
💰 Running up that NIL💰 Running up that NIL
Caitlin Clark lands a major multiyear deal with Gatorade
Clark is climbing the NIL leaderboard after landing a major multiyear deal with Gatorade yesterday, adding to her illustrious brand portfolio.
December 13, 2023
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