Oh lord, won’t you buy me a Mercedes-Benz?
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THE SPORTS INDUSTRY NEWSLETTER FROM LEADERS

 

Welcome to Worth Knowing, the definitive sports industry newsletter from Leaders, James Emmett and David Cushnan here, making a list and checking it twice.

Run out of ideas for the office secret santa: simply sign a colleague up to a free Leaders Worth Knowing subscription here.

The NFL’s International chief Gerrit Meier was the guest on the podcast this week. ‘Pace with patience’ is the name of the game when it comes to global expansion of the product, but with the league looking to double the number of games played internationally in short order, it’s a little more from column A at the moment. As his sights become increasingly trained on Asia and the Middle East, Meier is great on the detailed rationale behind selecting new host cities. It’s worth a listen.

 
 
 
 
 
 

🧠 6 QUESTIONS SOME OF YOU ARE ASKING YOURSELVES THIS WEEK  

 
 

1) Oh lord, won’t you buy me a Mercedes-Benz?

The plaintive cry of Janis Joplin has echoed its way down the decades and – harnessed by WTA Ventures CEO Marina Storti and a commercial team supported by Wasserman and IMG – finally been answered. Mercedes-Benz will replace Hologic as the Premier Partner of the WTA. From 1st January, the competition will be known as the WTA Tour Driven by Mercedes-Benz, and with up to $50 million-a-year due in rights payments across the next ten years, it’s the biggest deal in the history of women’s sport.

 

2) What have the creators done now?

Three bits of evidence this week to add to the dossier marked ‘The Creators have inherited the earth’:

 

a) The AFL is dialling down its in-house production capability, and dialling up its investment in creators.

b) Football content creator Angry Ginge won ITV’s I’m a Celebrity 2025, galvanising 13 million votes in this weekend’s final – the highest number in a decade.

c) Livemode – the company behind Brazilian streaming sensation CazeTV – have bought World Cup rights in Portugal.

 

Forget about digital strategy; if you’re a rights holder without a ‘creator strategy’, you’re not ready for 2026.

 

3) Does Piers Morgan know what he’s doing?

You’d have to say the answer is an unequivocal yes. The firebrand journalist has partnered with WME and the Raine Group to try to raise $30 million to beef out his ‘Uncensored’ brand into a podcast portfolio company, emulating Gary Lineker in building out a team of media personalities and creators to head up subject specific shows. Any guesses on which controversialists he might want to lean on to front the inevitable sports podcast?

 

4) What (or who) is Fifa Creep?

If ‘rage-baiting’ is the Oxford University Press word of the year for 2025, I’d like to think that ‘Fifa-creeping’ has got a chance next year. Here are a couple of options for definitions:

 

a) The slow expansion of commercially convenient rule-tweaks in the formatting of football games

b) The slow expansion of obligations in the global football calendar

 

After quietly expanding the length of the half-time break to accommodate a ‘Super Bowl-style’ show at the Club World Cup final in the summer, Fifa has announced that three-minute ‘hydration breaks’ will take place in each half of every game during next summer’s World Cup – regardless of the weather conditions. It’s easy to be cynical and interpret this as the Commercial Inventory Wolf dressed up in the Player Welfare Sheep’s clothing. Richard Gillis has run the numbers on his abacus this week and worked out that as a result of the already expanded World Cup tournament and these new drinks breaks, Fifa has just generated 312 minutes of new broadcast ad inventory. In an era in which rights fee growth is stalling, a potentially very valuable precedent has been set.  

5) Why is Netflix intending to pay $82 billion for WBD assets that were worth $30 billion only a few months ago?

I like this conspiracy theory from Michael Smith.

 

6) Any new leagues to keep an eye on?

Chiron Sports Group is launching a new fencing league; while Elysian Park Ventures and the former CMOs of TikTok and the NBA – Nick Tran and Tammy Henault – have invested into a $7 million seed round for the new International Dance League.

 
 

7 other things Worth Knowing you need to know this week

 

1) Oak View Group founder Tim Leiweke has received a full pardon from President Donald Trump. Leiweke had been charged with the federal felony of restraining trade.

 

2) Apollo Sports Capital has made a minority investment in Wrexham.

 

3) Germany has been confirmed as the host nation for the 2029 Uefa Women’s European Championship.

 

4) British Cycling has launched a new commercial arm, British Cycling Ventures. British Cycling Chief Commercial Officer Darren Henry will be the MD of the new venture.

 

5) PSG owner Qatar Sports Investments will acquire Belgian second tier team KAS Eupen from fellow Qatari entity Aspire Zone.

 

6) The organisers of the LA28 Olympics have surpassed $2 billion in domestic sponsorship revenue.

 

7) Indian broadcaster JioStar has announced that it intends to withdraw from its ICC media rights deal two years into a four-year deal.

 

🔗 WORTH KNOWING - THE LINKS

 
 

WTA and Mercedes-Benz sign $500m deal (3 mins)

AFL restructures media operations as shift towards creator-led content accelerates (2 mins)

LivemodeTV, Portugal, and 34 free World Cup games on YouTube (5 mins)

Piers Morgan partners WME and Raine Group to expand Uncensored (3 mins)

Fifa rolls out hydration breaks (2 mins)

Fifa’s new drinks breaks: a conspiracy theory (2 mins)

New fencing league intending to drag ancient Olympic sport into entertainment era (2 mins)

International Dance League raises $7 million seed round (1 min)

Legends sign JV with Saudi fund (1 min)

Two circles extends PDC deal (1 min)

Right Formula acquires Crunch (1 min)

 

 

🎉 WHAT'S NEW?

 
 

Bullseye: Two Circles has extended and expanded its deal with the PDC.

 

Swish: Sephora is the new title sponsor of Unrivaled’s arena.

 

Zoom: Right Formula has acquired the Crunch agency.

 

Kerching: Legends Global has entered into a joint venture with Saudi Arabia’s Event Investment Fund focused on the management of event venues in the kingdom.

 

🤝 GOOD PEOPLE, GOOD PLACES

 
 

Hiring:

 

• MotoGP are looking to replace Dan Rossomondo, who is leaving his Chief Commercial Officer role in January.

 

• The New York Red Bulls are in the market for an Events and Fan Experience Director.

 

• Chelsea Women are hiring a Fan Growth and Experience Director.

 

• The NBA is hiring an investments Principal for $220,000 a year.

 

• The Las Vegas Convention and Visitors Authority has up to $347,000 a year for someone to take on the position of Chief Sports Officer.

 

• WWE is hiring a Director of Remote Production & Logistics.

 

• Dentsu is looking for a New York-based, F1-focused VP of Commercial Sales.

 

• Juventus is hiring a Head of Partnerships Activation.

 

• Sunderland are looking for a Chief Revenue Officer following the announcement of Ashley Peden’s departure from the CCO role in January.

 

Hired:

 

• Former BBC Sport editor David Bond has been appointed the Director of Strategic Communications at the new Independent Football Regulator.

 

• Sela has hired Luke Lloyd-Davies and Ed Hepworth as Chief Growth Officer and Chief Financial Officer respectively.

 

• Tatjana Haenni will become the first woman to lead a Bundesliga club when she takes up her appointment as the new CEO of RB Leipzig in January, leaving her position as Chief Sporting Officer of the NWSL to do so.

 

• According to a report in SportBusiness, Michaella Snoeck is set to replace Jonathan Salt as the top media rights executive at Formula E in January. She will join from F1. Salt, meanwhile, is moving to the Premier League.

 

• Sharon Tuff is joining Cortex as VP of Revenue.

 

• Benjamin Lee has left the NFL for a new role as Senior Director of Digital Content for Europe and the Middle East at the NBA.

 

• Scott Kegley, Rich Wang and Bryan Harper have joined the Vegas Golden Knights as Chief Digital Officer, Chief Operating Officer, and Chief Marketing Officer respectively.

 

• Former DAZN CEO James Rushton will take on the CEO position at TGI Sport.

 

• Victoria Tomlinson has left the top comms role at Two Circles to start her own agency.

 

 
 
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