Am I going to regret these Whatsapp messages?
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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 your AI agents here, guiding you through terabytes and terabytes of fresh sports business data. Have your own bots scrape this newsletter sign-up link for you now.

If you’re in the business of raising money – and let’s face it, everybody is these days – the latest Leaders Worth Knowing podcast episode has a forensically detailed step-by-step guide to nailing a funding round with Sam Renouf, CEO of the newly moneyed Professional Triathletes Organisation. It’s well worth a listen.

 
 
 

🧠 9 QUESTIONS SOME OF YOU ARE ASKING YOURSELVES THIS WEEK  

 
 

1) Can anybody right the ship at Pinkham United?

Kudos to the FT and Ankura; this is a great way to do native content. The ‘Can you run a Premier League football club?’ game is doing the rounds on most of the older-skewing social networks. As if you didn’t know, it’s quite a difficult job; but this gamified approach to explaining Premier League financial rules should (might!) bring a greater general understanding of the plight of a football leader.

 

2) Does anyone fancy running the World Rally Championship?

The commercial promotion rights are up for grabs again.

 

3) What’s the biggest story nobody’s really talking about this week?

India’s out-of-the-blue and under-the-radar ban on gambling is an enormous development and has left Indian cricket administrators scrambling.

 

4) Have we reached the end of the exclusivity era?

Simon Denyer is characteristically brainy but plain-speaking (brain-speaking?) on a recent episode of the Unofficial Partner podcast. His PEAK Sport Media agency was behind LaLiga’s recent round of international media sales, which included an eye-catching deal with Gary Lineker’s Goalhanger podcast production company. Explaining PEAK’s approach, Denyer describes a new and vibrant media landscape that includes multiple and various types of media rights buyers (including the podcast platforms and influencers who have bought all sorts of rights in Brazil, and LaLiga and Bundesliga rights in the UK). With consumption patterns fragmented across different consumer demographics, there is little value in the old school exclusive media deal. Instead, there is more value to be had in identifying the precise requirements of multiple media partners and distributing rights across a broad range of partners. In today’s media era, a broader base of partners means a higher peak of value (if you will).

 

5) Is it just new rights buyers we should be getting excited about?

Well, no. It’s time to double down on that enthusiasm, competition fans, because it’s also the sports production space which is seeing an influx of interesting new entrants. Omaha Productions, not exactly new but certainly part of the new wave of storytelling specialist sports production houses, is bringing some Manningcast-style magic to a sponsored segment around the upcoming Ryder Cup, while Hungry Bear Media, the producer behind Gladiators and Michael McIntyre’s The Wheel, is producing the NFL coverage for Paramount-owned Channel 5’s new free-to-air programme in the UK. (Also, FAO Channel 5 Director of Programming Ben Frow: if there’s somewhere I can get my hands on one of those Channel 5 varsity jackets, I’m all ears).

 

6) I’m really regretting those Whatsapp messages I sent last night; can I legally be held to them?

If DAZN’s experience sub-licensing rights in South Korea is anything to go by, yes you can.

 

7) Who is the best hire of the week?

I’ve harped on about charisma and magnetism in leaders in this newsletter before. In my opinion, there are only a select handful of leading executives in sports/entertainment/media who have that special sprinkling of je ne sais quoi; that focus, warmth and clarity that make them compelling beyond the words they speak or the decisions they take. Jeremi Gorman, officially the new CRO of Fanatics’ new advertising division as of this week, is one of those people. She’s a blast and a superb appointment.

 

8) Is Netflix the world’s biggest sports broadcaster?

According to IMG President Adam Kelly, it could easily be defined as that. Personally, I think Kelly’s session alongside Netflix’s sports honcho Brandon Riegg could well end up being defined as the best session at Leaders this year.

 

9) What’s the best way to launch an app?

This thread, by a former CBS digital leader, on the triumph of ESPN’s recent app launch is worth bookmarking.

 
 

5 other things Worth Knowing you need to know this week

 

1) The ICC has signed a dedicated women’s cricket sponsorship deal with Google.

 

2) McLaren has extended and expanded its deal with Mastercard. In an agreement believed to be worth as much as $100 million per season, the credit card company with become the F1 team’s first naming rights sponsor since Vodafone left that position in 2013.

 

3) WWE and PSG have signed a multi-year strategic partnership that will see the wrestling entity and the football club collaborate across a range of activities and revenue streams.

 

4) Google and Steph Curry have signed an endorsement deal that will see the multiple NBA All-Star act as ‘Performance Advisor’ across a range of Google products and services including Google Health, Google Pixel, and Google Cloud.

 

5) Abercrombie & Fitch is the NFL’s first official fashion partner.

 

🔗 WORTH KNOWING - THE LINKS

 
 

WRC commercial rights out to tender (2 mins)

Dream11 forfeits $41m cricket sponsorship after Indian gambling ban (3 mins)

Podcast: ‘Buy it or build it’: Simon Denyer on the billion-dollar sports media playbook (75 mins)

Omaha Productions to produce new Ryder Cup show (2 mins)

5 partner with NFL on groundbreaking free-to-air deal (2 mins)

Club World Cup Whatsapp ruling gives guidance on negotiating broadcast rights contracts (2 mins)

IMG President on a golden era for sports (4 mins)

ICC and Google sign dedicated women’s cricket deal (2 mins)

Mastercard takes naming rights deal at McLaren (2 mins)
WWE and PSG announce strategic partnership (2 mins)

Steph Curry signs deal with Google (2 mins)

NFL taps Abercrombie & Fitch as fashion partner (1 min)

LIV signs global ticketing deal with Fever (2 mins)

Richard Arnold to commercialise curling (1 min)

Charles Leclerc launches new creative studio venture (1 min)

 

 

🎉 WHAT'S NEW?

 
 

Testbed – Premier League side Burnley have launched an innovation hub and have committed to using the organisation as a testbed for new technologies unearthed through the  process.  

 

Tech bed – LIV Golf has signed a sponsorship and ticketing tech provision deal with Fever.

 

Champagne on ice – Former Manchester United CEO Richard Arnold’s new Red Tiger Marketing agency has its first deal: with the Curling Group and Rock League, the world’s first pro curling league.

 

Side hustle – F1 driver Charles Leclerc has launched a new creative studio called Sidequest.

 

🤝 GOOD PEOPLE, GOOD PLACES

 
 

Hiring:

 

• The Kansas City Chiefs are hiring for a Director of Marketing - Culture & Creators.

 

• CAA is looking for a London-based VP of Talent & Influencer Partnerships.

 

• On Location are on the lookout for a new Senior Director of Revenue Transformation to be the ‘strategic right hand’ for the CRO Shawn Doss.

 

• MLB has up to $135,000 a year for a new Director of YouTube Original Programming.

 

• Lewis Wiltshire’s team at IMG are recruiting for a new VP of Digital.

 

• Six Nations Rugby are hiring for a new Head of Digital Products & Content.

 

Hired:

 

• Sports and entertainment PE firm Bluestone Equity Partners has appointed Mark Cho as Partner and COO.

 

•  Urs Lehmann is the new CEO of the FIS.

 

•  Former Premier League Head of Digital Martin Axford is the new Head of BI & Digital at Wolves.

 

•  Former Spurs commercial exec Aidan Mullally is the new full-time Director of Events and International Engagement at the Premier League.

 

•  Maggie Murphy is the new MD of Aston Villa Women.

 

•  Allie Harissis has left Greenfly for a new role at Meta as Strategic Partner Manager – Sports.

 

•  Former Tottenham, PSG and Leicester City exec Alistair Spiers is the new Head of Commercial at League One team Blackpool.

 
 
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