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☆ The streaming future Disney promised is finally here as cable TV decays
▼ + stars: | 2024-05-07 | by ( Alex Sherman | ) www.cnbc.com time to read: +2 min

Last year in the second quarter, Disney+ and Hulu lost $587 million. The thesis among all major legacy media companies has been that streaming will eventually take over for cable TV as the primary money-making engine. It's not just that Disney nearly made money in streaming — it's that the company's traditional linear TV results were awful. Next year, Disney will launch its flagship ESPN streaming service, which will allow consumers to subscribe to ESPN without cable at all. Looking at Disney's results in the second quarter, it's clear why the company has finally pulled the ripcord on ESPN.

Persons: Bob Iger, It's, Disney Organizations: Walt Disney Company, Disney, Hulu, ESPN, Paramount Global, Warner Bros . Discovery, Comcast, Fox, College Football, ABC, Disney Channel, FX, Geographic, Disney Junior Locations: Beverly Hills , California, U.S

☆ Disney shares tumble on light guidance. But here's why we're raising our price target
▼ + stars: | 2024-05-07 | by ( Zev Fima | ) www.cnbc.com time to read: +11 min

Disney Why we own it: We value Disney for its best-in-class experiential entertainment Parks business, which has proven to have immense pricing power. In the second quarter, the combined business — Disney+, India's Disney+ Hotstar, Hulu and ESPN+ — saw losses of $18 million, far better than the $659 million loss in the year-ago period. DTC profitability benefited from Disney+ core subscriber growth, higher retail subscription prices, increased advertising revenue on the back of higher impressions, and lower distribution costs. Clearly, Disney still has a big opportunity in sports as they execute on their DTC streaming strategy for ESPN. The atmosphere at the Disney Bundle Celebrating National Streaming Day at The Row in Los Angeles on May 19, 2022.

Persons: —, Nelson Peltz, wouldn't, Hugh Johnston, Jim Cramer's, Jim Cramer, Jim, Presley Ann Organizations: Club, Revenue, LSEG, Disney, Parks, ESPN, Comcast, Netflix, Warner Bros Discovery, Paramount Global, CNBC, seasonality, Entertainment, Hulu, Hulu Live, Sports ESPN, College Football, National Football League, Walt Disney World, Disney Cruise, Disneyland, Hong Kong, Getty Locations: Hulu, India, Florida, California, Hong, Los Angeles

☆ Organizers Hope Music Puts the Miami in the Miami Grand Prix
▼ + stars: | 2024-05-05 | by ( Emmanuel Morgan | ) www.nytimes.com time to read: +1 min

Organizers at Hard Rock Stadium near Miami have hosted some of the biggest spectacles in American sports in the past five years, including the Super Bowl and college football’s national championship game. Now they want to turn the Miami Grand Prix, the Formula 1 race being held on a serpentine racetrack around the stadium on Sunday, into appointment viewing like the Kentucky Derby and the Masters are. Tom Garfinkel, the race’s managing partner, said that the city’s tropical locale and reputation as a party center were important facets, and that organizers were intentionally infusing the entertainment lineup with regional music, including Latin heritage and nightclub-like electronic beats. “We’re trying to make this a destination that people mark on their calendar in the United States and around the world and say, ‘That’s something I need to attend,’” said Garfinkel, who is also the president of the N.F.L.’s Miami Dolphins.

Persons: Tom Garfinkel, “ We’re, ’ ”, Garfinkel Organizations: Super Bowl, football’s, Miami Grand Prix, Kentucky Derby, Miami Dolphins Locations: Miami, United States

☆ The portfolio manager whisperers
▼ + stars: | 2024-05-03 | by ( Alex Morrell | ) www.businessinsider.com time to read: +24 min

AdvertisementHistorically, a hedge fund's chief investment office or senior portfolio manager was responsible for vetting and wooing key investment hires. They can also help hedge funds save on outside recruiting costs, which can add up to tens of millions a year. Hedge funds targeted institutional salespeople at investment banks with exposure to hedge funds, as well as asset allocators with chops in portfolio-manager selection and due diligence. Assets at multimanager hedge funds have boomed since 2018. The principle may work for fictional baseball diamonds, but the reality at hedge funds is more complicated.

Persons: Taylor Swift, Travis Kelce, Goldman Sachs, —, That's, headhunter who's, liken, Nick Saban's, Midlevel, headhunter, Ken Griffin, Michael Kovac, execs, Jennifer Blake, BD Thomas DeAngelis, Walleye Capital Paritosh Singh, Americas Michael Grad, BlueCrest Lindsay Previdi, Point72, Freestone Grove Matthew Giannini, Ken Griffin's, ExodusPoint, Brevan Howard, breakneck buildout, Michael Gelband —, Jonathan Hoffman, Alexander Phillips, ExodusPoint's, Millennium's Izzy Englander, noncompetes, Millennium Management Amanda Gordon, multimanagers, who've, Goldman, Schonfeld, Brevan Howard —, Neil Chriss, Harry Schwefel, Jonathan Brenner, Walleye's, Thomas DeAngelis, DeAngelis, Brenner, DeAngelis hasn't, Kansas City Chiefs Travis Kelce, Erick W, Rasco, Donald Trump's, America couldn't, Citadel execs Todd Barker, Daniel Morillo —, Jeff Runnfeldt, Bobby Jain, allocator Organizations: NFL, Business, Citadel, BD, University of Alabama, execs, Balyasny, Walleye Capital, Millennium, Americas, Freestone Grove, — Citadel, Walleye, BI, Costco, Millennium Management, Bloomberg, Getty, Investor, Barclays, Barclays Capital Solutions, Brookfield, Paloma Partners, Kansas City Chiefs, San Francisco 49ers, Allegiant, Getty Images, Black, Investors, ex, Fortress Locations: America, multimanagers, —, Hudson Bay, Schonfeld, Israel, multimanager, Europe, Middle East, Africa, Vegas, Balyasny

☆ Women college athletes average more brand deals than men, new data shows. Here are 5 key takeaways on NIL marketing.
▼ + stars: | 2024-05-01 | by ( Tiara White | ) www.businessinsider.com time to read: +6 min

Read previewWhen it comes to scoring NIL deals, women college athletes are gaining on their male counterparts, according to a new report from the sports-and-entertainment intelligence platform SponsorUnited. The report showed that women college athletes get more brand deals on average than college men, although the men still make up the majority of NIL deals overall. He also said social-media engagement is overwhelmingly stronger among women college athletes compared with men. Related storiesHere are five key takeaways from the report:Women college athletes are getting more NIL dealsWhile men still made up 57% of NIL deals overall, women got more brand deals on average — 3.5 compared to 2.5 among men, SponsorUnited found. For example, he said college athletes on TikTok are leveraging brands better than professional athletes on the platform.

Persons: —, Caitlin Clark, Angel Reese, Bob Lynch, Reese, Clark, Olivia Dunne, Lynch, SponsorUnited, it's, Alex Glover's, Brands, Brand, SponsorUnited Lynch, that's Organizations: Service, Business, Iowa Hawkeyes, LSU Tigers, LSU, Iowa, NCAA, ESPN, Gatorade, State, Nike, BI, Brands, Southern Methodist University Locations: SponsorUnited

☆ NFL draft prospect who could get a $2.7 million signing bonus still drives his old Honda Accord: 'It gets me from A to B'
▼ + stars: | 2024-04-25 | by ( Tom Huddleston Jr. | ) www.cnbc.com time to read: +3 min

That would mean a likely contract of around $8 million over four years, including a $2.7 million signing bonus, according to MarketWatch . The idea of young athletes reaping instant riches has long been an annual subplot of the NFL draft. The money I received gave me a peace of mind I did not have previously," Fiske told Business Insider. Though he made some savvy choices, Fiske admitted he made "a few mistakes" early on after receiving his NIL money. "I'm sure I'll give in once I see more 0s on my account," Fiske told MarketWatch.

Persons: Fiske, Braden Fiske, he's, He's, he'll Organizations: Honda Accord, Florida State University, NFL, NCAA, FSU, Business, IRA, Air, CNBC Locations: Detroit

☆ 2024 NFL Draft: 5 quarterbacks taken in the top 10 of the NFL Draft for the first time ever
▼ + stars: | 2024-04-25 | by ( Ben Morse | ) edition.cnn.com time to read: +8 min

CNN —The 2024 NFL Draft has kicked off with the Chicago Bears selecting USC quarterback Caleb Williams with the first overall pick on Thursday night. Earlier Thursday, NFL spokesperson Brian McCarthy said on X 150,000 fans are in attendance at the draft. Here’s everything you need to know about the 2024 NFL Draft. How to watchThe 2024 NFL Draft will be held in Detroit across three days in the downtown area surrounding the Campus Martius Park and Hart Plaza. Pass-catching game-changersAccording to the NFL’s draft expert Daniel Jeremiah and his rankings of the 2024 draft prospects, three of the four best players are wide receivers, and 12 of the top 50 play the position.

Persons: Caleb Williams, Williams, Roger Goodell, Brian McCarthy, USC’s Williams, Kyler Murray, Tom Pennington, Justin Fields, Jayden Daniels, Daniels, Carolina’s Drake Maye, Maye, Lance Zierlein, shouldn’t, ” Daniels, Jonathan Bachman, Michael Penix Jr, JJ McCarthy, Bo Nix, Daniel Jeremiah, Marvin Harrison Jr, Pro Football Hall of Famer Marvin Harrison, Harrison Jr, Pro Bowler, Carmen Mandato, Zierlein, Rome, LSU’s Malik Nabers, Odunze, Larry Fitzgerald, Nabers, Justin Jefferson, Brian Thomas Jr, Adonai Mitchell, Xavier Worthy, Georgia’s Ladd McConkey Organizations: CNN, Chicago Bears, Bears, Hart, NFL Network, ESPN, ESPN2, ESPN Deportes, NFL, Heisman, USC, The Bears, Washington, LSU, New England Patriots, UNC, LSU Tigers, Atlanta Falcons, University of Washington, Minnesota Vikings, New York Jets, Michigan, Denver Broncos, Oregon, Pro Football Hall of Famer, Arizona Cardinals, Ohio State, Indianapolis Colts, New York Giants, of Famer, Getty, Los Angeles Chargers, Tennessee Titans, Las Vegas Raiders, New, New Orleans Saints, Seattle Seahawks, Jacksonville Jaguars, Cincinnati Bengals, Los Angeles Rams, Pittsburgh Steelers, Miami Dolphins, Philadelphia Eagles, Dallas Cowboys, Green Bay Packers, Tampa Bay Buccaneers, Buffalo Bills, Detroit Lions, Baltimore Ravens, San Francisco 49ers, Kansas City Chiefs Locations: Detroit, Baton Rouge, Texas, Carolina, New Orleans, Cleveland, Houston

☆ Reggie Bush getting 2005 Heisman Trophy back, Heisman Trust cites ‘enormous changes in college athletics’
▼ + stars: | 2024-04-24 | by ( Jill Martin | ) edition.cnn.com time to read: +3 min

CNN —Reggie Bush is getting his 2005 Heisman Memorial Trophy back after having had to relinquish the award in 2010. “We are thrilled to welcome Reggie Bush back to the Heisman family in recognition of his collegiate accomplishments,” Michael Comerford, president of The Heisman Trophy Trust, said in a statement. We are so happy to welcome him back.” Michael Comerford, president of The Heisman Trophy Trust, in a statement on Wednesday. In a post on Instagram, Bush wrote, “No one can take from you what God has for you,” along with a picture of his Heisman Trophy. Bush will also be invited to future Heisman Trophy ceremonies and USC will receive a replica trophy.

Persons: Reggie Bush, Bush, ” Michael Comerford, “, Reggie, Marcus Cassel, Chris Carlson, ” Bush, Johnny Manziel, ”, Vince Lombardi Organizations: CNN, Heisman Trust, Heisman, Trust, University of Southern, UCLA, USC, Los Angeles Memorial Coliseum, College, NCAA, Athletic, NFL, Twitter, New, New Orleans Saints, Miami Dolphins, Detroit Lions, San Francisco 49ers, Buffalo Bills, Saints Locations: Heisman.com, Instagram, University of Southern California, New Orleans

☆ Vontae Davis death: Former NFL cornerback found dead at his home in Florida
▼ + stars: | 2024-04-01 | by ( Eric Levenson | Devon M. Sayers | ) edition.cnn.com time to read: +4 min

CNN —Vontae Davis, the former NFL cornerback who made two Pro Bowls with the Indianapolis Colts and memorably retired at halftime of his final game, was found dead by police at his home in South Florida, according to authorities. Davis, 35, played in 121 games over a 10-year career with the Miami Dolphins, Colts and Buffalo Bills, totaling 22 interceptions and 97 pass deflections. “The NFL is heartbroken to hear about the passing of Vontae Davis. “We are heartbroken by the sudden passing of former Dolphins CB Vontae Davis and extend our deepest condolences to his family & loved ones during this difficult time,” the Dolphins said. My prayers to Vontae’s family.”“We are saddened to learn of the passing of Vontae Davis,” the Bills said in a statement.

Persons: CNN — Vontae Davis, Davis, Jeff Ireland, ”, “, ” Davis, Vernon Davis, you’re, don’t, Vontae Davis, Dolphins CB Vontae Davis, ” Jim Irsay Organizations: CNN, NFL, Indianapolis Colts, Davie Police Department, Miami Dolphins, Colts, Buffalo Bills, Illinois, Dolphins, Miami, HBO, Pro, Dolphins CB, Bills Locations: South Florida, Southwest, ” Ireland, Indianapolis

☆ More Teams in March Madness? Say Goodbye to the Cinderella Stories.
▼ + stars: | 2024-03-22 | by ( Billy Witz | ) www.nytimes.com time to read: +1 min

Greg Sankey, the commissioner of the Southeastern Conference, is the ultimate soft power player. Instead, he speaks opaquely, often requiring something like a college sports Kremlinologist to interpret his intentions. constitution and scoffing out of existence the possibility that the SEC would be shut out of the football playoff last season. Recently, he teamed up with the Big Ten commissioner, Tony Petitti, to leverage a deal that will award their conferences about 60 percent of the television revenue for the 12-team College Football Playoff that begins next year, leaving crumbs for everyone else. So, when Sankey told ESPN this month that it was time to rethink the N.C.A.A.

Persons: Greg Sankey, coauthoring, Tony Petitti, Sankey Organizations: Southeastern Conference, SEC, Big, Football, ESPN Locations: Oklahoma, Texas

Florida State wants to move the venue to Florida and prefers the documents to be unsealed for transparency. Photos You Should See View All 60 Images“FSU is arguing that North Carolina is a more favorable jurisdiction for the ACC,” said ACC attorney James Cooney. The ACC initially sued the Florida State Board of Trustees in North Carolina in last December, asking a court to uphold the conference's grant of rights as a valid and enforceable contract after catching wind of a forthcoming Florida State lawsuit. The courtroom showdown comes just three days after Clemson, another member school, joined Florida State in challenging the ACC's right to charge hundreds of millions of dollars to leave the conference. The complaint filed in South Carolina said the ACC’s “exorbitant $140 million” exit penalty and the grant of rights used to bind schools to a conference through their media rights should be struck down.

Persons: CHARLOTTE, Judge Louis A, Bledsoe, ”, James Cooney, “, Bailey King, ” King, Rick McCullough, ” Clemson Organizations: Atlantic Coast Conference, Florida State, ACC, ESPN, FSU, ”, of Trustees, Big, Southeastern Conference, Notre Dame, SEC, Clemson, AP Locations: N.C, Mecklenburg County, Florida, Charlotte, Carolina, North Carolina, South Carolina

☆ Blaise Taylor: Texas A&M analyst indicted in poisoning deaths of girlfriend, unborn baby
▼ + stars: | 2024-03-16 | by ( Jamiel Lynch | ) edition.cnn.com time to read: +3 min

CNN —Blaise Taylor, an analyst at Texas A&M and son of the school’s associate head coach, was arrested in Utah on Thursday after being indicted in the 2023 deaths of his girlfriend and her unborn child, according to Nashville police. He was held without bail Friday night at the Cache County Jail in Logan, Utah, jail records show. She was rushed to a hospital that night, after Taylor called 911 and told them “Benning appeared to be having an allergic reaction,” according to police. Trooper Taylor is now an associate head coach on offense and running backs coach at Texas A&M. “We also would like to extend our prayers and support to Coach Trooper Taylor, Dr. Evelyn Taylor and their family as they navigate this extremely difficult time.”

Persons: CNN — Blaise Taylor, Taylor, ”, Taylor “, Benning, Adam Reese, Wednesday’s, “, Trooper Taylor, Mike Elko, Dr, Evelyn Taylor Organizations: CNN, Texas, Nashville police, Arkansas State, Nashville Police Department, Authorities, Police, Homicide, Medical, Office, Nashville, Baylor, Oklahoma State, Auburn Locations: Utah, Cache, Logan , Utah, Lebanon, Baylor , New Mexico, Tulane , Tennessee, ” Texas

☆ Dartmouth basketball’s union vote is just a small part of the campus organizing wave
▼ + stars: | 2024-03-11 | by ( Chris Isidore | ) edition.cnn.com time to read: +12 min

The Dartmouth College men’s basketball team achieved a significant milestone last week when they became the first college athletes to vote to join a union. And similar to the 13-2 margin vote in favor of the union at the Dartmouth basketball team last week, the unions are winning these votes overwhelmingly. Organizing athletes still uphill battleThe vote last week by the Dartmouth basketball team rightly got a lot of attention as the first group of college athletes to vote to join a union. Dartmouth basketball players don’t get a scholarship, and the college has announced it will seek to overturn the union vote, arguing that they are not employees. Haskins and Myrthil said they hope the victory of the union vote at Dartmouth will spark union votes on many other teams, including the big dollar programs.

Persons: don’t, Christian Sweeney, “, ”, we’ve, Romeo Myrthil, Cade Haskins, Laura Oliverio, Nadine Formiga, Sian Beilock, CNN’s Poppy Harlow, Dartmouth “, ” Romeo Myrthil, CNN Haskins, Myrthil, they’re, ” Haskins, Haskins, who’s, ‘, ’ ”, Douglas Murphy, CNN “, Murphy, Ed Burns, Dartmouth, he’s, “ You’re, “ Will, ‘ We’ll, ” Burns, “ They’re, Jim Harbaugh, Harbaugh, you’ve, It’s, Robert F, Logan Mann, Mann Organizations: New, New York CNN, Dartmouth College men’s, AFL, Dartmouth men's, Dartmouth, Columbia University, CNN, National Labor Relations Board, California State University, CSU Employees Union, Student Workers, “, NLRB, Dartmouth men’s, Ivy League, Michigan, Alabama, NCAA, University of Michigan, Department, NFL, United Electrical, Machine Workers of America, Dartmouth College Locations: New York, New York City, Dartmouth, Sweden, America, Minneapolis, Columbia, . Michigan, Hanover, N.H

☆ I was personal assistant to the billionaire founder of a secretive Wall Street firm. This is how I landed a meeting with him, from 10 personal reference calls to a 'Devil Wears Prada' interview moment
▼ + stars: | 2024-02-22 | by ( Carrie Sun | ) www.businessinsider.com time to read: +12 min

She has written a memoir about working for a secretive and wildly prestigious Wall Street hedge fund. Recruiters are one of the main gatekeepers for the hedge fund and private equity industries. I hadn't — but I had heard of Argon, a hedge fund that had long and widely been seen as financial royalty. A leading financial publication had called Carbon the world's hottest hedge fund. Another had named it one of the world's top-performing large hedge funds, ranking it among other hedge fund titans and their flagships, like Ray Dalio's Pure Alpha II and Ken Griffin's Citadel.

Persons: —, Carrie Sun, Sun, Beowulf Sheehan Yuna, Carrie, Yuna, Chang's, Meijer, Peter, Boone Prescott, He's, Peter glanced, Boone, Jen, you'd, Ruth, Maya, Warren Buffett, Ray, Ken Griffin's, Griffin, Anne Hathaway, Chanel Organizations: Service, MIT, New, Boone, Samsung, Ann Arbor ., College, Carbon, NYU, Alpha, Penguin Press Locations: China, Michigan, Jersey City, Kansas, Midtown, receptionists, Manhattan, Ann Arbor, United States, New York, New Jersey, Anhui, Barneys, Madison, America, Boone, Missouri

☆ College football teams are dropping millions on state-of-the-art locker rooms. Here are some of the most jaw-dropping upgrades.
▼ + stars: | 2024-02-18 | by ( Cork Gaines | ) www.businessinsider.com time to read: +1 min

NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . It is no secret that big-time college football teams make a lot of money for their schools. Some of the excess is being pumped into the facilities — and they're starting to look more like luxury resorts. This story is available exclusively to Business Insider subscribers.

Persons: — Organizations: Service, NCAA, Department of Education, Business

Texas announced the contract extension through the 2030 season last month but had not released financial details. The extension includes $100,000 annual raises that will push Sarkisian's guaranteed salary to $10.9 million by the final year. According to the regents' agenda, the raises are a 78% overall increase in Sarkisian's guaranteed compensation. The Longhorns won the Big 12 in their final season in the league. Texas also is extending the contracts of tight ends coach Jeff Banks, offensive coordinator Kyle Flood and defensive coordinator Pete Kwiatkowski.

Persons: Steve Sarkisian's, Sark, Kevin Eltife, “ We’re, ” Sarkisian, “ We’ve, Jeff Banks, Kyle Flood, Pete Kwiatkowski Organizations: —, Longhorns, Big, College Football, Texas, University of Texas, Regents, ”, Washington, Southeastern Conference, AP Locations: AUSTIN, Texas, — Texas

☆ William ‘Bill’ Post, who helped invent Pop-Tarts, has died
▼ + stars: | 2024-02-14 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +3 min

New York CNN —William “Bill” Post, who helped create Pop-Tarts, the pantry staple that reinvented breakfast for the masses, has died. “We are deeply saddened to share the news that William ‘Bill’ Post passed away over the weekend,” Pop-Tarts owner Kellanova said in a statement. We’d like to put that in a toaster.’”He took the piece of pie with him and said he “had to break every rule in the book” to create Pop-Tarts. In the following few years, frosting and sprinkles were added and Kellogg created “Milton the Toaster” to be its mascot. He was also humble about helping create Pop-Tarts.

Persons: William “ Bill ” Post, William ‘ Bill ’ Post, Kellanova, “, Bill, ”, ” Post, Kellogg, Milton, Keebler, Post Organizations: New, New York CNN, Hekman Biscuit Company, Kellogg, Army Locations: New York, Michigan, Cleveland, Kellogg, Japan, Florence

Scores of people turned out Tuesday to testify well into the night on bills being considered by Nebraska lawmakers that target diversity initiatives and higher education programs, mirroring proposals by Republicans across the country. The bills before the state Legislature’s Education Committee included one that would ban diversity, equity and inclusion — known as DEI — programs and offices at state colleges and universities. Similar bills have been introduced in Republican-led legislatures across the country as the 2024 election year heats up. Already this year, Republican lawmakers have proposed about 50 bills in 20 states that would restrict DEI initiatives or require their public disclosure. Among them were several young people of color who grew up in the state or Nebraska college students who told lawmakers of the discrimination they've faced.

Persons: Sen, Dave Murman, cosigners, ”, ” Jess Lammers, Mia Perales, Ricki Barber, ” Barber, ” Sen, Loren Lippincott, —, ” Lippincott, Chris Kabourek, “, ” It's Organizations: Nebraska, Republican, Education, “, University of Nebraska, Lincoln, NAACP, Big Locations: Nebraska, Holdrege, Lincoln, Iowa, Florida, North Dakota, Texas

U.S. District Judge Clifton Corker originally had a four-hour window blocked off Tuesday for the hearing in Greeneville, Tennessee. The hearing for the states' request wound up lasting less than 90 minutes. Corker denied the states' request for a temporary restraining order last week, noting they failed to demonstrate recruits would be irreparably harmed if the temporary restraining order was not granted. The chancellor of the University of Tennessee revealed Jan. 30 in a scathing letter to the NCAA president that the organization was alleging the school violated NIL rules after a meeting a day earlier. Donde Plowman called it “intellectually dishonest” for NCAA staff to pursue infractions cases as if students have no NIL rights.

Persons: “, Clifton Corker, Corker, Sherman, Jan, Donde Plowman Organizations: U.S, District, University of Tennessee, NCAA, Tennessee Locations: Tennessee, Virginia, Greeneville , Tennessee

ESPN and the College Football Playoff have agreed to a six-year deal worth $1.3 billion annually that allows the network to keep exclusive rights to the 12-team playoff through the 2031 season, two people with knowledge of the agreement told The Associated Press. ESPN was first to report the offer of $1.3 billion annually from the network to the CFP, and The Athletic first reported that an agreement had been reached on those terms. That deal pays the CFP $608 million for seven games annually: two playoff semifinals, a championship game and four other major bowl games. The conference commissioners who manage the playoff talked often about having multiple television partners as they tried to come to a consensus on expansion. Discovery and streaming platforms all expressed interest to CFP officials, but instead they are heading toward sticking with ESPN — though the network could sublicense some of the playoff games to other networks.

Persons: Bill Hancock Organizations: ESPN, College Football, Associated Press, CFP, Athletic, Fox, NBC, Warner Bros ., ESPN —, AP

Biden’s reelection campaign has repeatedly declined to commit to joining debates with Trump, his likely opponent in the November general election. Trump, meanwhile, has feuded with the Republican National Committee and refused to join its primary debates. In 2020, he objected to the rules of the nonpartisan commission that has hosted general election debates since 1976. Lowering his voice to a whisper, Coons said: “That was bad.”He then questioned whether a general election debate this year would be worth it. “But this is ultimately a judgment call for President Biden."

Persons: — Nikki Haley, Donald Trump, Trump, Joe Biden, Biden, Biden’s, There's, Sen, Chris Coons, Chris Wallace, Coons, ” Coons, Richard Nixon, John F, Kennedy, didn’t, Frank Fahrenkopf, it's, “, ”, it’s, There’s, Ro Khanna, ” Khanna, Haley, Ron DeSantis, ” Trump, Dan Bongino, Biden “, ” Biden, He’s, Quentin Fulks, ” Fulks, Fulks, ” Sen, Mitt Romney, Barack Obama, ” Romney, President Trump, Trump's, Katie Hobbs, Kari Lake, ” Hobbs, that's, Patrick Stewart, ” Stewart, Jacob Thompson, ” ____ Gomez Licon, Jonathan J, Cooper, Darlene Superville, Jill Colvin Organizations: WASHINGTON, Republican National Committee, Biden, Trump, RNC, League of Women Voters, Commission, ”, Republican, “ Trump, Florida Gov, CNN, Arizona Gov, University of Arkansas, “, Associated Press Locations: Chris Coons of Delaware, United States, Alabama, Iowa, Utah, United States of America, Arizona, Knoxville , Tennessee, Las Vegas, Miami, Phoenix, New York

☆ Once an Escape, Sports Talk Embraces Politics
▼ + stars: | 2024-02-10 | by ( Ken Bensinger | Kellen Browning | ) www.nytimes.com time to read: +1 min

Just before flying to Las Vegas this week for the Super Bowl, Clay Travis announced his prediction for the game on his popular sports podcast, “OutKick.” The San Francisco 49ers would defeat the Kansas City Chiefs. Other topics on that episode: the future of college football and whether President Biden is “actually capable” of serving in the White House. The Super Bowl may be the one event that can bring Americans of all stripes together, but the chatter about it — and of sports in general — is increasingly fracturing along partisan lines. A growing number of sports pundits and personalities are eagerly blending sports and politics, taking advantage, like other media, of a thriving market in partisanship. Sports talk listeners skew male, just like Republican voters.)

Persons: Clay Travis, “, Biden, “ That’s, Mr, Travis, — Organizations: Super, San Francisco 49ers, Kansas City Chiefs, Sports, Republican Locations: Las Vegas

Chip Kelly has informed UCLA officials that he is stepping down as coach of the Bruins, a person with direct knowledge of the decision told The Associated Press on Friday. Multiple media outlets reported that Kelly was heading to Ohio State to become offensive coordinator. Ohio State coach Ryan Day hired former Texans coach Bill O'Brien as offensive coordinator last month, but O'Brien is now heading to Boston College to become the Eagles head coach. ___Photos You Should See View All 21 ImagesGet alerts on the latest AP Top 25 poll throughout the season. Sign up here AP college football: https://apnews.com/hub/ap-top-25-college-football-poll and https://apnews.com/hub/college-football

Persons: Chip Kelly, Kelly, Ryan Day, Bill O'Brien, O'Brien Organizations: UCLA, Bruins, Associated Press, Ohio State, Ohio, Texans, Boston College, Eagles, Big Locations: Ohio

Super Bowl Sunday in Las Vegas will feature the Kansas City Chiefs against the San Francisco 49ers. The two teams from the Midwest and West Coast will face off in the Super Bowl for the second time in five seasons. Sunday’s game is a rematch of Super Bowl LIV in 2020, when the Chiefs beat the 49ers. But football isn’t the first thing that comes to mind for all schools set to be represented in the Super Bowl. When it comes to schools in the two states represented in the Super Bowl, California wins out.

Persons: Taylor Swift, Travis Kelce, –, Kansas City –, Stanford – Organizations: Kansas City Chiefs, San Francisco 49ers, Midwest, Super Bowl, Bowl LIV, Chiefs, 49ers, San, Kansas City, University of Oklahoma, University of Georgia, Football Playoff, University of Florida, University of Michigan, Wolverines, Super, ., Best National Universities, Stanford, U.S, Harvard, University of Pennsylvania, Duke, Golden State, – UCLA, USC, University of Missouri, Missouri University of Science, Technology, . News, State, Missouri Locations: Las Vegas, Missouri, California, West, Kansas, San Francisco, U.S

☆ Super Bowl Broadcast Is a Crossroads for CBS Sports
▼ + stars: | 2024-02-09 | by ( John Koblin | Kevin Draper | ) www.nytimes.com time to read: +1 min

On the one hand, Sunday will be a joyous occasion for CBS Sports. The sports division will broadcast its 22nd Super Bowl, the most of any network. The storied CBS Sports division, the broadcasting home of marquee events like the Masters and March Madness, is confronting a wave of change. It all leaves CBS Sports facing a number of challenges — which company leaders say they can handle by sticking to what they know. “No matter what happens in the future to the company, sports will increasingly be more important each and every year,” Mr. McManus said.

Persons: Sean McManus, —, ” Mr, McManus Organizations: CBS Sports, CBS, Paramount, Southeastern Conference, Netflix

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