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Nominees may include active or recently retired professional or amateur athletes. LeBron James, Pat McAfee, and Alex Morgan are just some of the athletes that have started media companies. Recently retired athletes are those that have retired within the last five years (since 2018). Eligible retired athletes include Brandon Marshall (last played in 2018) and Redick (retired in 2021). Ineligible athletes include Lobo (2003), Rose (2007), and Pat McAfee (2017).
The data are limited to base salaries and US-based jobs for visa-seeking employees. Still, sports betting is as much about sports as it is gambling and tech — growing industries known for high-paying jobs. The data included five US sports betting companies: BetMGM, DraftKings, FanDuel, Penn Interactive, and Rush Street Interactive. It included salaries for jobs such as a data engineer at DraftKings that would make $97,000 per year or more and a sports trading senior manager at FanDuel that would earn $130,000. A FanDuel software engineer based in New York would make $128,440, which is in the range of what TikTok has offered software engineers, the data shows.
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Sports betting has also added new facets to the industry in the S.Here are pitch decks that seven sports startups used to raise millions in Series A and Seed rounds. This has opened the opportunity for startups to build marketplaces or creator tools to help student-athlete creators. Insider talked with a handful of sports startup founders who've pitched their startups to investors about their process. They broke down the pitch decks they used to secure millions of dollars in funding. Read the pitch decks that helped seven sports-focused startups to raise millions of dollars:
Amazon's VP of global sports video spoke Wednesday on "The Marchand and Ourand Sports Media Podcast." The exec described how "Thursday Night Football" is attracting a younger demographic to the NFL. She also said Amazon is targeting deals with more "marquee sports partners," like the NBA. Amazon VP of global sports video Marie Donoghue. She mentioned interest in college sports and the NBA, whose current rights deals with Disney and TNT expire after the 2024-25 season.
Private equity firms are investing more in sports teams, leagues, and other ancillary businesses. From Apollo to Sixth Street, here are 14 private equity firms betting on sports. A few factors are drawing private equity firms to the sector. And sports betting has hastily altered the landscape, opening a new sector for media, leagues, teams, and other businesses to tap. Below are 14 private equity firms — listed alphabetically by company — that have made prominent investments in sports through 2022.
Stadium Live is a fan-engagement app that's focused on Gen Z sports fans. He thought those pillars could also engage Stadium Live's Gen Z users. Stadium Live closed in March a Series A round worth $10 million, bringing its total funding to around $13 million. Stadium Live StudiosNext, Stadium Live is adding more sports leagues and ways to monetizeMoving forward, Stadium Live plans to expand the number of sports that fans can follow. For users, Kim said the startup will experiment with adding premium items and memberships, potentially as soon as Q1 2023.
Insider interviewed top sports media leaders that are shaping the industry. Execs from ESPN, Amazon, CBS, and Overtime shared their favorite sports media and business podcasts. This evolution means that even the most established leaders in sports media are trying to keep up with how the industry is changing. Some of these podcasts tackle the sports media business directly, while others are more about the culture within sports. Here are six podcasts recommendations from some of the sports media industry's top executives, listed alphabetically.
Disney+ accounts for 152 million subs, while Hulu has 46.2 million and ESPN+ has 22.8 million. Public work-visa data show Disney offers $93,150 to $242,000 for some jobs at Hulu and other units. Its flagship streaming service Disney+ alone accounts for more than more than 152 million subscribers, gaining on Netflix's 221 million. To see what Disney and Hulu pay for certain jobs, Insider analyzed recent work-visa disclosures. Most of the roles were tech jobs, including data scientist and software engineer roles.
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Sports-merch giant Fanatics is expanding into collectibles, sports betting, and other areas. Salaries in the data ranged from $57,000 to $233,200 for mainly tech jobs in its retail division. Fanatics is also sleeping giant in the sports-betting industry, with the potential to combine collectibles, NFTs, and gambling into one platform. Still, the data offer insight into certain salary levels across the company, which ranged from $57,138 to $233,200 per year. For example, the data included a pay rate of $125,486 to $130,000 for an experimentation strategist position.
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Stix is a startup that aims to sell quality golf clubs at an affordable cost. See the pitch deck that Stix used to raise a $10 million Series A round in May. They were also frustrated by the tech jargon and confusing fitting requirements that went into buying a new golf set. StixThe startup closed in May a $10 million Series A funding round with investments from Verance Capital, 2.0 Ventures, and Spacestation Investments. Here's the 14-slide pitch deck that Stix used to raise $10 million in Series A funding in 2022:
"No Dunks'' is an NBA podcast from the creators of "The Basketball Jones" and "The Starters." In 2019, after their NBA TV show contract ended, the creators signed a deal with The Athletic. The quintet is a far cry from the 20-man team and TV studio that Turner Sports' NBA TV provided during their six-year run with the network. How 'The Starters' became 'The Free Agents'"The Starters" got off in 2013 to a rough start on NBA TV as they struggled to translate their hour-long podcast to TV. Wasserman said the show is The Athletic's biggest NBA podcast and one of its highest-rated out of 77 podcasts.
Colleges like BYU and Syracuse are starting to sell NFTs of their sports teams and athletes. National Research Group said NFTs with real-world utility in sports could change the industry. Unlike the conventional NFTs in the market today, these NFTs also come with real-world benefits. BYU fans storm the field after the team's overtime win over Baylor on September 10, 2022. NRG's study said that sports fans are an ideal market for NFTs, particularly because of the industry's long history of fans purchasing memorabilia.
The ties between media outlets and gambling operators have only deepened since. Read more about how FuboTV is rethinking its sports betting strategy after August layoffs. On top of that, the US sports gambling industry is still in its infancy. New York turned on mobile sports betting in January, which could be a boon for the media industry even though the market could be tricky for gambling companies. A list of our recent coverage of the US sports betting industry follows.
In addition to brand deals, student-athletes have run branded training clinics and have been paid for appearances and autograph signings. Read about how much an FCS national champion who thought he would 'strike gold' with NIL deals actually earnedLike Sproles, Amherst College wide receiver Jack Betts thought he would profit significantly from the NIL deals, but quickly realized that it wouldn't be easy for a Division III athlete. However, by pitching himself to brands, Betts has been able to secure 35 NIL deals in 2022 alone. Some colleges and universities have developed policies to stop student-athletes from making brand deals that would interfere with their own lucrative sponsorship contracts. Here's Insider's list of 13 top companies helping student-athletes make money and shaping the future of NIL marketing
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