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NEWS REAL

• Picking up the mantle of National Women’s Month, and anticipating what next year will be its 70th anniversary, the LPGA has unveiled “Drive On,” a multi-platform refined brand position. According to the LPGA, “Drive On is clearly rooted in golf, but it's a bigger idea. It captures the power and potential in each of us and celebrates the hard work, focus and tenacity that it takes to achieve our goals.” Full story here.

• The NBA said that the Chinese and Croatian National Teams would join all 30 NBA teams to compete at MGM Resorts NBA Summer League 2019 in Las Vegas, marking the first time that the league will feature two international teams, with 83 games over 11 days (July 5-15).

• The 2019 Alliance of American Football Championship, originalluy scheduled for April 27 in Las Vegas, will be played in Ford Center at The Star in Frisco, Texas., which is owned and operated by Jerry Jones and the Dallas Cowboys.

• Amazon has launched MLB.TV on Prime Video Channels, allowing Prime members to subscribe to MLB.TV and stream regular season out-of-market baseball games live and on-demand, all from the Prime Video service.

• MLB and the MLB Players’ Assn. have unveiled numerous changes to the game to be installed over the next two seasons that will impact game length, marketing broadcast partners, the All-Star Game and the Home Run Derby. Full story here.

POLL POSITION

Top Ten Most In-Demand MLB Tickets (based on total ticket sales on StubHub thru March 14):
1. New York Yankees
2. Boston Red Sox
3. San Francisco Giants
4. Chicago Cubs
5. St. Louis Cardinals
6. Los Angeles Dodgers
7. Philadelphia Phillies
8. Texas Rangers
9. New York Mets
10. Houston Astros

SOURCE: STUBHUB

KEEPING SCORE

The Most-In-Demand MLB Home Openers
(based on total ticket sales on StubHub thru March 14, all on March 28):

• Arizona Diamondbacks at the Dodgers (average ticket price $229.
• Baltimore Orioles at New York Yankees (average ticket price $202)
• Atlanta Braves at Philadelphia Phillies (average ticket price $84)
• Chicago Cubs at Texas Rangers (average ticket price $254)
• Pittsburgh Pirates at Cincinnati Reds (average ticket price $122)

BUY SELL

Weekend Box Office March 15-17
1. Captain Marvel $69.3M
2. Wonder Park $16M
3. Five Feet Apart $13.2M
4. How To Train Your Dragon: Hidden World $9.4M
5. Madea Family Funeral $8M
6. No Manches Frida 2 $3.9M
7. Captive State $3.2M
8. Lego Movie 2 $2.1M
9. Alita: Battle Angel $1.9M
10. Green Book $1.3M
Source: Box Office Mojo

SEARCH

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March Madness: Uber Eats See More Ads Below

COLLEGE

BodyArmor Into NCAA
No. 1 Colleges Since '92
Notre Dame Builds Brand
Cancer Drives Home
Men's Hoops Are 'Toxic'

Let us not seek the Republican answer or the Democratic answer, but the right answer. Let us not seek to fix the blame for the past. Let us accept our own responsibility for the future.
Read more at http://www.brainyquote.com/quotes/quotes/j/johnfkenn121400.html#46Ul8rBF4XpB4lo0.99
Let us not seek the Republican answer or the Democratic answer, but the right answer. Let us not seek to fix the blame for the past. Let us accept our own responsibility for the future.
Read more at http://www.brainyquote.com/quotes/quotes/j/johnfkenn121400.html#JZxA5jXY4rCwemgZ.99
Let us not seek the Republican answer or the Democratic answer, but the right answer. Let us not seek to fix the blame for the past. Let us accept our own responsibility for the future.
Read more at http://www.brainyquote.com/quotes/quotes/j/johnfkenn121400.html#JZxA5jXY4rCwemgZ.99
Let us not seek the Republican answer or the Democratic answer, but the right answer. Let us not seek to fix the blame for the past. Let us accept our own responsibility for the future.
Read more at http://www.brainyquote.com/quotes/quotes/j/johnfkenn121400.html#46Ul8rBF4XpB4lo0.99
SUPER BOWL LIII

Wednesday
Feb072018

Winning Pays: NBA Teams Set Record Value, Led By Warriors, Knicks, Sixers

By Barry Janoff

February 7, 2018: With the NBA All-Star Game just around the corner, the league keeps getting all-star news about its financial, marketing and fan status.

On average, NBA teams are worth a record $1.65 billion, 22% over last year, and every team is worth at least $1 billion for the first time, according to a new report from Forbes.

The New York Knicks, valued at $3.6 billion, are the NBA’s most valuable franchise for the third consecutive year, but are up just 9% in value versus the previous year, according to Forbes.

The Philadelphia 76ers had the biggest gain in value among all teams at 48% to $1.18 billion (No. 21 overall among NBA teams)

Earlier this season, numbers were released that showed sponsorship spending on the NBA and its 30 teams hit a record $861 million in the 2016-17 season, a 7.8% increase from the previous season. according to research and consulting firm ESP Properties, Chicago.

ESP Properties also projected that the NBA would see sponsorship dollars "skyrocket" during the 2017-18 campaign, led by the new eight-year, $1 billion deal with Nike as the league’s official on-court uniform provider (replacing adidas) and the beginning of a three-year trial period during which teams are allowed to sell ad patches on game jerseys for the first time in league history.

Nineteen teams have inked deals to date at an average annual rate of $9 million a year, with the bottom line being almost $200 million in new revenue for for the NBA.

That all translates very well for the league and team owners.

The Golden State Warriors moved up to No. 3 among the NBA’s most valuable teams at $3.1 billion, plus 19% in value (passing the No. 4 Chicago Bulls), thanks to national and global marketing and awareness after winning two of the past three NBA titles.

The Cleveland Cavaliers with LeBron James are valued at $1.325 billion (No. 15 overall among NBA teams), up 10% in value versus the previous season.

The average NFL franchise is worth $2.5 billion, 52% more than the average of NBA teams, “but that spread has been more than halved in the past five years,” reports Forbes.

“Franchise values have tripled over the past five years. Credit the league’s economics, in particular, its international growth prospects, which are the best of any major U.S. sports league.”

The defending league champion Warriors have a three-year, $60 million jersey patch contract with Rakuten; followed by the Los Angeles Lakers three-year, $40 million deal with Wish, Goodyear’s $30 million three-season ad patch alliance with the Cavaliers and GE’s $24 million three-year deal with the Boston Celtics.

In addition, “The start of the league’s new TV contract with Time Warner’s TNT and Walt Disney’s ESPN are worth $24 billion, three times the value of the previous pact on an annual basis,” per Forbes.

Top Five Most Valuable NBA teams are:

1. New York Knicks $3.6 billion
2. Los Angeles Lakers $3.3 billion
3. Golden State Warriors $3.1 billion
4. Chicago Bulls $2.6 billion
5. Boston Celtics $2.5 billion

The Houston Rockets, which added Chris Paul to a roster led by James Harden, went up 33% in value to $2.2 billion (No. 7 overall among NBA teams).

The Milwaukee Bucks, moving into a new arena next season and celebrating the franchise’s 50th anniversary this season, are valued at $1.075 billion, up 37% (No. 26 overall among NBA teams).

The Knicks crosstown rivals, the Brooklyn Nets, are valued at $2.3 billion (No. 6 overall among NBA teams), but increased 28% in value.

The Minnesota Timberwolves ($1.06 billion), Charlotte Hornets ($1.05 billion), Memphis Grizzlies ($1.025 billion) and New Orleans Pelicans ($1 billion) each increased in value versus the previous year but are the least valuable teams in the NBA landscape, per Forbes.

See the full Forbes list here.

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