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☆ Florida State University taps JPMorgan to help find potential investors
▼ + stars: | 2023-08-04 | by ( Lillian Rizzo | ) www.cnbc.com time to read: +2 min

Florida State University has been working with JPMorgan as it explores options to bring in funding from institutional investors, according to a person familiar with the matter. The discussions have been ongoing in recent months, and Sixth Street Partners has expressed interest as an investor, the person said. The discussions with potential equity investors are not tied to FSU's potential push to leave the conference, according to the person familiar with the matter. Sportico earlier reported that FSU was working with JPMorgan and that Sixth Street was part of the discussions. "That effort fell apart, mainly because it was a challenge to mesh private investors with the potential media rights for public schools," said sports media consultant Lee Berke.

Persons: Lee Berke, we're, Berke Organizations: Florida State University, JPMorgan, Sixth Street Partners, Atlantic Coast Conference, NCAA, FSU, Sixth, ACC, Southeastern Conference, ESPN, Media

☆ Blood pressure best lowered by 2 exercises, study finds
▼ + stars: | 2023-07-27 | by ( Kristen Rogers | ) edition.cnn.com time to read: +7 min

CNN —When it comes to lowering blood pressure, studies have typically shown that aerobic or cardio exercises are best. Exercises that engage muscles without movement — such as wall squats and planks — may be best for lowering blood pressure, according to a large study published Tuesday in the British Journal of Sports Medicine. “Overall, isometric exercise training is the most effective mode in reducing both systolic and diastolic blood pressure,” said study coauthor Dr. Jamie O’Driscoll in a news release. Systolic blood pressure measures the maximum pressure in the arteries as the heart contracts and relaxes, while diastolic blood pressure denotes what the arterial pressure is when the heart rests between beats, according to the US Centers for Disease Control and Prevention. The authors defined healthy resting blood pressure as a reading below 130 over 85 millimeters of mercury — a measurement of pressure known as mmHg — pre-high blood pressure as ranging from 130/85 mmHg to 139/89 mmHG, and high blood pressure as 140/90 mmHG or greater.

Persons: ”, Jamie O’Driscoll, Joanne Whitmore, Whitmore wasn’t, Jim Pate, wasn’t, Whitmore, ” Pate Organizations: CNN, British, of Sports Medicine, Mayo Clinic, Canterbury Christ Church University’s School of Psychology, Sciences, US Centers for Disease Control, British Heart Foundation, World Health Organization, Marylebone Health Group, Arthritis Foundation, “, CNN’s Locations: Canterbury, England, London

☆ ScorePlay, a sports media platform using AI, just raised $5 million in a round led by Alexis Ohanian's Seven Seven Six
▼ + stars: | 2023-07-26 | by ( Riddhi Kanetkar | ) www.businessinsider.com time to read: +3 min

Lisbon and New York-based ScorePlay has secured a $5 million seed round from Seven Seven Six. A startup that has built a media operating system for sports has just raised $5 million in seed funding from Reddit cofounder Alexis Ohanian's Seven Seven Six. As a business-to-business software startup, ScorePlay makes its money by charging a monthly fee to organizations, depending on the range of services they use. The round was led by Reddit cofounder Alexis Ohanian's VC firm Seven Seven Six, which has previously backed climate tech Vaayu, and creator marketing platform PearPop. With the fresh funding, ScorePlay will grow its tech team so it can hone in on its enterprise offerings.

Persons: ScorePlay, Alexis Ohanian's Seven, Xavier Green, Lionel Messi, Declan Rice, Victorien Tixier, Alexis Ohanian's, Kevin Durant, Renaud Visage, Michael Philippe, Robin Sabban Organizations: Seven Seven, Premier League football, West Ham United, La Liga, Atlético de, Athletes, Seven, NBA, Tech Locations: Lisbon, New York, Atlético de Madrid, Manchester

☆ 3 trends that will redefine sports media as the industry reckons with layoffs, AI, and more
▼ + stars: | 2023-07-25 | by ( Margaret Fleming | ) www.businessinsider.com time to read: +8 min

More news jobs have already been cut this year than in all of 2022 and 2021, per a firm that tracks layoffs. Industry experts explain the three media trends that could replace traditional sports journalism. Wiacek said that the 18- to 30-year-old demographic is key for traditional media organizations, yet the hardest to reach. "The more traditional media outlets are trying to find ways of attracting that audience," Wiacek said. Hanlon said team communications are essential for growing leagues like the NWSL that can't wait around for classic media coverage to pour in, especially in local markets.

Persons: Andy Challenger, It's, Challenger's, Challenger, Conrad Wiacek, Wiacek, Pat McAfee, CJ McCollum, McAfee, famer David Ortiz, JJ Redick, isn't, Tim Hanlon, Hanlon, They're Organizations: ESPN, New York Times, Sports Illustrated, Warner Bros, The Athletic, NFL Media, Times, Los Angeles Times, Industry, Sports, YouTube, Indianapolis Colts, NBA, famer, Leagues, MLS, LA Times, Associated Press, Minor League Baseball Locations: FanDuel, pickleball

☆ How Ally Financial made women's sports a key focus in its marketing strategy and how it's measuring the results
▼ + stars: | 2023-07-24 | by ( Margaret Fleming | ) www.businessinsider.com time to read: +4 min

Ally Financial made a pledge last year to invest equally in men's and women's sports media. The company is dropping a commercial featuring female athletes during the FIFA Women's World Cup. A year ago, an internal audit by Ally Financial revealed the company had spent 90% of its sports-media marketing budget on men's sports. The brand also signed 10 female athletes to create Team Ally, a group that posts about one another's games and increases visibility for women's sports. Notre Dame lacrosse player Kasey Choma, who's also part of Team Ally, is featured scoring a goal.

Persons: Ally Financial, Billie Jean King, Sophia Smith, Stephanie Marciano, it's, Ally, Marciano, Kasey Choma, who's, Choma, she's Organizations: FIFA, US Women's National Team, Ally, Labs, CBS, ESPN, INC, Fox, Notre Dame, Yale, III Locations: men's, Australia, New Zealand, US, Germany

☆ What’s more important as you age — stretching, balance work or strength training?
▼ + stars: | 2023-07-21 | by ( Melanie Radzicki Mcmanus | ) edition.cnn.com time to read: +6 min

In addition, they should perform strength training and balance exercises at least twice weekly. Adults age 65 and older should perform strength training and balance exercises at least twice every week. Couple that with the benefits of strength, balance and flexibility work, and you’ve got a great chance at aging well. Strap on a weighted backpack during your walk, and now you’re “rucking,” an exercise based on military training that combines aerobic exercise with strength training. “If you don’t believe strength training, balance and flexibility work will really help, give it a try for a few months and see what a difference it makes,” he said.

Persons: ”, George Eldayrie, “, John Higgins, Eldayrie, you’ve, ” Higgins, ” Eldayrie, Melanie Radzicki McManus Organizations: CNN, National Institutes of Health, Orlando Health Jewett Orthopedic Institute, US Centers for Disease Control, McGovern Medical, University of Texas Health Science Center, Houston, CNN’s Locations: Winter Garden , Florida, CDC

☆ The Grim Reaper is coming for the sports desk. Here's what industry experts say could take its place.
▼ + stars: | 2023-07-20 | by ( Margaret Fleming | ) www.businessinsider.com time to read: +7 min

Industry experts explain the three media trends that could replace traditional sports journalism. But Challenger and other experts say the demand for sports content isn't going anywhere: it's just going to look, and sound, a little different. Wiacek said that the 18- to 30-year-old demographic is key for traditional media organizations, yet the hardest to reach. "The more traditional media outlets are trying to find ways of attracting that audience," Wiacek said. Hanlon said team communications are essential for growing leagues like the NWSL that can't wait around for classic media coverage to pour in, especially in local markets.

☆ Opinion: As you cheer on America’s soccer stars in the Women’s World Cup, ask yourself this question
▼ + stars: | 2023-07-20 | by ( Opinion Robyn Ryle | ) edition.cnn.com time to read: +8 min

CNN —The 2023 Women’s World Cup Championship begins this week in Australia and New Zealand, and will be, for all appearances, a victory lap for gender equality in sports. Additionally, not all the physiological evidence lines up in men’s favor when it comes to athletic performance. Perhaps it’s no coincidence that the most popular sports worldwide are those that also most exaggerate underlying gender differences. Would the gap in athletic performance persist if girls truly had the same opportunities as boys to play at all levels? In 2023, as we enjoy the spectacle of mega-athletes like Megan Rapinoe and Alex Morgan, it’s time to rethink our stories about gender and athletic performance.

Persons: Robyn Ryle, it’s, they’re, Steph Curry’s, They’re, Megan Rapinoe, Alex Morgan Organizations: Hanover College, CNN, US, National, Manhattan, Research, Women’s Sports Foundation, NBA, Twitter Locations: Australia, New Zealand

There have been 195 ACL injuries across women soccer’s top leagues, according to the ACL Women Football Club. “It’s not a coincidence I think that you get Leah and Beth injured after the Euros last summer,” said Arsenal star Miedema. Miedema believes this was an issue that world soccer’s governing body FIFA must address. A British Journal of Sports Medicine study found women to be three to six times more likely to experience an ACL injury than men. European soccer’s governing body, UEFA, referenced to CNN the Women’s Health Expert Panel it established, which has a “high priority” researching ACL injuries.

Persons: Vivianne, –, Miedema, we’ve, It’s, ” Miedema, CNN’s Christina Macfarlane, – Leah Williamson, Beth Mead, Laura Wienroither, Canada’s Janine Beckie, Catarina Macario, France’s Delphine Cascarino, Ryan Pierse, ”, Pep, “, “ You’ll, Williamson –, “ It’s, Leah, Beth, “ They’ve, they’re, Leah Williamson, Clive Rose, Jonas Eidevall, Miedema’s Organizations: CNN, Arsenal, Women Football Club, United States Women’s National, League, English Premier League, FA, Champions League, England, ”, FIFA, of Sports Medicine, UEFA, Women’s, English Football Association, Super League, Barclays Women’s, Nottingham Trent University Locations: Netherlands, Man, Switzerland

☆ Women’s World Cup 2023: Some of the game’s top players are absent. And it’s because of the same injury issue
▼ + stars: | 2023-07-18 | by ( Hannah Ryan | ) edition.cnn.com time to read: +17 min

Fast-forward to the upcoming Women’s World Cup, which starts on July 20 in Australia and New Zealand, and a host of the game’s best players will also be absent because of an injury which appears to be endemic in the women’s game. But why are so many female soccer players suffering from the same injury? “At elite clubs in the men’s game, players have access to exceptional academies and training facilities from a very young age. Beth Mead starred for England in its Euro 2022 victory but will be missing the Women's World Cup. According to the findings, 34% of women players reported discomfort specifically in their heel and the majority use specialized insoles.

Persons: Simone Magill, Magill, “, ” Magill, Leah Williamson, Vivianne Miedema, Beth Mead, Macario, Giulia Gwinn, Iman Beney –, Leah Abucayan Sarah Milner, doesn’t, Féminin, Ballon, Katrine Okholm, Kryger, ” Kryger, that’s, aren’t ‘, they’ve, Rachel Williams, Williams, Jacques Feeney, Kyrger, England, Sarina Wiegman, Luna, Crystal Dunn, we’re, haven’t, –, Miedema, ”, ’ Milner, ” Milner, Catarina Macario, Jeffrey McWhorter, Milner Organizations: CNN, Northern Ireland, CNN Sport, England, US, National, Europe’s, of Sports Medicine, –, St Mary’s University, FIFA, Manchester United, Super, Sports Medicine, European Club Association, Nike, UEFA Locations: Norway, Northern, Australia, New Zealand, Netherlands, Twickenham , London, England, plastering, Europe, Paris, Northern Ireland, France

☆ What China's resilient big spenders are buying and the stocks that benefit
▼ + stars: | 2023-07-16 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +4 min

That's approximately how large China's "premium" consumer population is – and it's a "huge" opportunity for higher-end sportswear by foreign companies, according to Bernstein. By U.S. standards, it doesn't take much to be considered premium in China. Adidas and Nike are like Benz, BMW, the highest end, he said, while the other brands are like Audi or Toyota. For Nike and Adidas, even their lowest price is two times that of local competitors, the Bernstein analysts said. However, focusing only on the premium growth segment can overlook the fact that many of China's consumers still live in smaller cities.

Persons: Bernstein, Aneesha Sherman, Li Ning, Irving, Miao Kun, –, Hoka, — CNBC's Michael Bloom Organizations: . Census, Anta Sports, Wednesday, basketball, Adidas, Nike, Benz, BMW, Audi, Toyota, Management, P Locations: China, That's, U.S, Hong Kong, Beijing, Thursday's, Germany, eyeing, Shanghai, Chengdu

☆ SlamBall: The sport ahead of its time is making a long-awaited comeback
▼ + stars: | 2023-07-14 | by ( Thomas Schlachter | ) edition.cnn.com time to read: +7 min

“SlamBall is special because it’s a brand that has lived on in social media in a really powerful way. Making its comeback for a 2023 summer league, SlamBall will be back on TV screens, via ESPN, and hopes to attract new viewers. The sport has lived on via social media clips of crazy moves. SlamBall LLCDreams becoming reality“I had this recurring dream all the time,” Gordon says of the origins of the sport. “Social media didn’t exist, Twitter didn’t exist, TikTok didn’t exist.”With incredible dunks like George Byrd's on Kevin Cassidy, SlamBall has huge viral potential.

Persons: Mason Gordon, SlamBall, ” Gordon, ”, Gordon, “, Gerard Gordeau, Taylor Wily, Markus Boesch, Stan “, ” Fletcher, Fletcher, ‘, Stan, Jim Heath, “ I’m, Fletcher’s SlamBall, Michael Jordan, Julius “ Dr, J ” Erving, Mike Tollin, SlamBall’s, Ben Peppi, George Byrd's, Kevin Cassidy, Pat Ecclesine, BringBackSlamBall, Pat Ecclesine ‘, “ There’s, it’s Organizations: CNN, NFL, NBA, MLB, MLS, CNN Sport, ESPN, UFC, Mandalay Sports Media, Twitter, ’ Locations: Las Vegas, Los Angeles

☆ Disney CEO Bob Iger on ESPN: Bullish on sports but open to finding a new strategic partner
▼ + stars: | 2023-07-13 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDisney CEO Bob Iger on ESPN: Bullish on sports but open to finding a new strategic partnerCNBC's David Faber and Disney CEO Bob Iger join 'Squawk Box' from Sun Valley, Idaho to discuss the fate of ESPN, sports media landscape, and more.

Persons: Bob Iger, CNBC's David Faber Organizations: ESPN, Disney Locations: Sun Valley , Idaho

☆ Read the pitch decks from sports and video game startups that helped raise millions of dollars
▼ + stars: | 2023-07-06 | by ( Colin Salao | Ashley Rodriguez | ) www.businessinsider.com time to read: +3 min

Here are pitch decks 10 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 10 sports-focused startups raise millions of dollars:This post has been updated with new information.

Persons: It's, Kevin Kim, Kim, who've Organizations: Sports, Venture, Technology, Labs, NBA Locations: California

☆ We will start to see more old and new media combos in sports broadcasting: Bruin Capital's Pyne
▼ + stars: | 2023-07-06 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe will start to see more old and new media combos in sports broadcasting: Bruin Capital's PyneGeorge Pyne, Bruin Capital founder and CEO, joins 'Last Call' to talk the future of sports media companies and legacy broadcasters.

Persons: Bruin Capital's Pyne George Pyne Organizations: Bruin, Bruin Capital

☆ Roku will air Formula E races as part of the streamer's first live sports deal
▼ + stars: | 2023-06-27 | by ( Yuheng Zhan | ) www.cnbc.com time to read: +3 min

Roku will become the U.S. streaming home of Formula E, the electric vehicle-powered auto racing series, with both live and on-demand replays of races. Starting with the upcoming season, the Roku channel will host 11 ABB FIA Formula E World Championship races, it said in a press release. Beginning in January, five races will also air live on CBS and simulcast on Paramount+, which will be accessible through Roku. Debuting at the Olympic Park in Beijing in 2014, Formula E's races take place worldwide, and the first fully electric racing series currently features 12 teams and 24 drivers. Last year, the company said races reached a record high of 216 million live viewers, up 10% from the previous season.

Persons: Roku, Aarti Dabas, — CNBC's Lillian Rizzo Organizations: Formula, CBS, ABB FIA Formula, Paramount, Formula E, Netflix, Research, Disney, ESPN, Comcast, NBA, Turner Sports, CNBC Locations: U.S, Portland , Oregon, Beijing

Greg Abbott signed a law Thursday barring transgender college athletes in the state from competing in sports that align with their gender identity – expanding a 2021 law that banned transgender students in K-12 Texas school districts and some charter schools from doing the same. Abbott framed Senate Bill 15, titled the “Save Women’s Sports Act,” as designed to protect female athletes from unfair competition. The new law, which takes effect September 1, allows individuals to sue institutions that allow trans athletes to compete on teams that align with their gender identity. Proponents of such restrictions have argued transgender women have a physical advantage over cisgender women, and that the regulations give female athletes equal opportunities to compete. However, there is little research on trans collegiate athletes.

Persons: Greg Abbott, Abbott, “, ”, ’ –, Marti Bier Organizations: CNN, Texas Republican Gov, Sports Medicine, Texans, Texas Freedom Network, GOP Locations: Texas, Alabama

☆ What’s the Best Way to Treat a Workout Injury: Heat or Ice?
▼ + stars: | 2023-06-03 | by ( Jenny Gross | ) www.nytimes.com time to read: +1 min

The prevailing theory on how to treat sprains and strains, especially from exercise, has been to follow the R.I.C.E. sequence — rest, ice, compression and elevation. He now recommends early movement after an injury, as long as patients are not in pain, especially for overuse injuries. “The most important rule is to listen to your body because you feel pain when you’re doing something wrong,” Dr. Mirkin said. “The reason injuries are so common is that people think they can work through pain.”

Persons: Gabe Mirkin, Dr, Mirkin

☆ How much you exercise may impact flu and pneumonia risk, study shows
▼ + stars: | 2023-05-16 | by ( Madeline Holcombe | ) edition.cnn.com time to read: +6 min

CNN —It’s time to add to your list of reasons to work out: Getting active could help prevent risk of death from the flu and pneumonia, according to new research. Meeting both recommendations for aerobic and muscle-strengthening activity cut the risk associated with flu or pneumonia death nearly in half, but meeting just the aerobic activity target was associated with a 36% lower risk, according to the study. This study might encourage them that physical activity may be another powerful tool for protecting themselves against influenza and pneumonia death,” he said. Even a little bit of exercise showed benefit in protecting against flu and pneumonia death, the study found. Getting 10 to 149 minutes a week of aerobic physical activity was associated with a 21% decreased risk of flu and pneumonia death, the study showed.

☆ Madison Square Garden Sports getting a boost from higher price tags on sports teams, says Jim Cramer
▼ + stars: | 2023-05-08 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

Madison Square Garden Sports getting a boost from higher price tags on sports teams, says Jim Cramer'Mad Money' host Jim Cramer talks major sports media stocks and their connection to the growing costs of sports franchises.

☆ Hardcore wrestling fans are torn over the WWE-UFC merger – but they love the drama
▼ + stars: | 2023-05-06 | by ( Natasha Piñon | ) www.cnbc.com time to read: +2 min

For wrestling fans, though, the story's not about those numbers. And wrestling fans aren't afraid to share their opinions. Some are worried that a return to a pay-per-view model for WWE's flagship event, WrestleMania, is on the horizon. The WWE's exclusive streaming deal with Peacock, which includes WrestleMania streaming rights, is set to expire in 2026. In late March, before the UFC deal was announced, WWE CEO Nick Khan said the company keeps fans' price sensitivity in mind.

☆ Warner Bros. Discovery reports big overall loss even as streaming turns a profit
▼ + stars: | 2023-05-05 | by ( Alex Sherman | ) www.cnbc.com time to read: +2 min

Warner Bros. Warner Bros. Warner Bros. Warner Bros. WATCH: Warner Bros.

☆ Tiger Woods undergoes ‘successful’ surgery following Masters withdrawal
▼ + stars: | 2023-04-20 | by ( Jack Bantock | ) edition.cnn.com time to read: +2 min

CNN —Tiger Woods has completed “successful” surgery on his ankle following his withdrawal from The Masters earlier this month, the 47-year-old announced Wednesday. The surgery, performed at HSS Sports Medicine Institute in New York City, was deemed to be “successful” by Dr Martin O’Malley, according to a post from Woods’ Twitter account. “Earlier today, Tiger Woods underwent a subtalar fusion procedure to address post-traumatic arthritis from his previous talus fracture,” the statement said. Woods walks with his caddie Joe LaCava during the first round of The Masters. Andrew Redington/Getty ImagesWoods’ withdrawal at Augusta sparked further questions about his future in game, with Woods himself unsure as to how many Masters appearances he had left in him.

☆ Fact Check-Kansas trans sports bill does not authorize ‘genital inspections of children’
▼ + stars: | 2023-04-19 | by ( Reuters Fact Check | ) www.reuters.com time to read: +4 min

Reuters reported on March 9 (here) that the Kansas Republican legislature passed a bill banning transgender athletes from competing in female school sports if they were born male. The bill banned transgender girls and women from female sports teams in public elementary schools, middle schools, high schools, and colleges, and from private school teams that compete against public schools. Bill HB 2238 (here) restricts “participation on women’s teams to female students” and provides a basis for legal action if the act is violated. Nothing in the bill specifies how the biological sex of the students is to be determined. The Kansas bill HB 2238 does not contain any reference to genital inspections of student athletes, nor does it specify how state education groups should implement the new law restricting participation in girls’ sports teams.

☆ Shaq was finally served in FTX lawsuit over the weekend, after a 3-month chase
▼ + stars: | 2023-04-18 | by ( Will Gendron | Sindhu Sundar | ) www.businessinsider.com time to read: +4 min

Shaquille O'Neal was finally served in an FTX lawsuit over the weekend following a three month chase. Shaquille O'Neal was served papers over the weekend in a lawsuit involving the fallen crypto firm FTX — after a three month chase, according to a law firm representing investors in the suit. "Plaintiffs in the billion $ FTX class action case just served @SHAQ outside his house," The Moskowitz Law Firm tweeted Sunday night. O'Neal had evaded getting served the lawsuit for three months, according to additional tweets from the law firm. Following the collapse of FTX, O'Neal tried to separate himself from the fiasco, noting to CNBC that he was "just a paid spokesperson."

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