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• The NHL has signed what it is calling a “ groundbreaking partnership” with the Billie Jean King Leadership Initiative, which will “support research, action, advocacy and collaboration with organizations that have a significant community impact.” Full story here.

• Dick Vitale, 80, has signed a contract extension with ESPN through the 2021-22 season, adding to a recent extension unveiled last May.

• Recently retired NBA star Tony Parker has been named president of NorthRock Sports, Artists and Entertainment, a division of Northrock Partners, a finance and lifestyle advisory firm that currently oversees $1.5 billion in assets, whose holdings include Golf Magazine, Golf.com and the Nicklaus Companies in partnership with golf legend Jack Nicklaus.

• The PGA Tour has signed a ten-year deal naming global consulting firm Korn Ferry title sponsor for the Korn Ferry Tour, replacing Web.com, which awards PGA Tour membership to the tour’s 50 leading players. The Los Angeles-based company also becomes the “official leadership development firm” for the PGA Tour.

• Cody Bellinger, Christian Yelich, Mike Trout and Javier Baez are the leading vote-getters in new All-Star Game ballot results released by MLB. Full story here.

• The WTA will premiere the NYJTL Bronx Open, Aug. 16-24, in the Cary Leeds Center for Tennis & Learning in The Bronx, NY. The women’s tournament will take place the week before the U.S. Open in New York and offer $250,000 in prize money.

• SunTrust and BB&T financial firms said that Truist Financial would be the name of the company following their merger later this year. The name — “intended to give the bank a single, fresh identity” — could also become the new name for the home venue for the Atlanta Braves, now known as SunTrust Stadium.

• Pete Frates and Pat Quinn, co-founders of ALS Ice Bucket Challenge, have launched with The ALS Assn. the 5th anniversary of “Challenge Me” with a “new call to action to reignite the passion and generosity of the millions of people who dumped ice water on their heads in the summer of 2014.” 

POLL POSITION

The Top Ten World’s Highest Paid Athletes
1, Leo Messi soccer $127M
2. Cristiano Ronaldo soccer $109M
3. Neymar Jr. soccer $105M
4. Canelo Alvarez boxing $94M
5. Roger Federer tennis $93.4M
6. Russell Wilson NFL $89.5M
7. Aaron Rodgers NFL $89.3M
8. LeBron James NBA $89M
9. Stephen Curry NBA $79.8M
10. Kevin Durant NBA $65.4M

Full story here.
SOURCE: FORBES

KEEPING SCORE

2019 Top Selling Summer Acts
Based on total sales on StubHub for U.S. tour dates from Memorial Day to Labor Day 2019
1. The Rolling Stones
2. Queen with Adam Lambert
3. Paul McCartney
4. Ariana Grande
5. Shawn Mendes
6. Billie Eilish
7. JoJo Siwa
8. Twenty One Pilots
9. Hootie and the Blowfish
10. Florida Georgia Line

Full story here.

BUY SELL

Weekend Box Office June 14-16
1. Men In Black International $28.5M
2. Secret Life of Pets 2 $23.8M
3. Aladdin $16.7M
4. Dark Phoenix $9M
5. Rocketman $8.8M
6. Shaft $8.3M
7. Godzilla $8.1M
8. John Wick 3 $6.1M
9. Late Night $5.1M
10. Ma $3.6M
Source: Box Office Mojo

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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
Channel Chasers

NFL UK 2019
• Oct. 6 Chicago Bears v Oakland Raiders Tottenham Hotspur Stadium
• Oct. 13 Carolina Panthers v Tampa Bay Buccaneers Tottenham Hotspur Stadium
• Oct. 27  Cincinnati Bengals v Los Angeles Rams Wembley Stadium
• Nov. 3 Houston Texans v Jacksonville Jaguars Wembley Stadium

NFL Mexico 2019
• Nov. 18 Kansas City  Chiefs v Los Angeles Chargers Mexico City Estadio Azteca (ESPN Monday Night Football).

Thursday
Apr112019

Yankees ($4.6B) Continue To Reign (Green) As MLB’s Most Valuable Franchise

By Barry Janoff

April 11, 2019: The Dallas Cowboys are the most valuable sports franchise in the world, closing in on $5 billion.

A not-too-distant second in the U.S.: the New York Yankees, valued at a MLB-leading $4.6 billion, up from $4 billion last year, according to a new report from Forbes.

In 22 years of evaluating MLB teams, “The New York Yankees have been baseball’s most valuable team every year.”

Overall, MLB is seeing green: The average team is worth $1.78 billion, 8% more than a year ago.

Including the Yankees, five MLB teams are valued at more than $3 billion: Los Angeles Dodgers ($3.3 billion), the defending World Series champion Boston Red Sox ($3.2 billion), Chicago Cubs ($3.1 billion) and San Francisco Giants ($3 billion).

By comparison, the average NBA team is worth $1.9 billion, up 13% over last year and three times the level of five years ago, according to a February report from Forbes.

The New York Knicks are the most valuable NBA team at $4 billion.

The 32 NFL franchises are valued at an average of $2.57 billion, with six teams valued at $3 billion or more each.

Over the past two-plus decades, the average MLB team value has increased at an 11% compound annual rate of growth.

Over the same span, NBA and NFL team values have increased 13% and 12%, respectively, according to Forbes.

The Yankees had local revenue of $712 million last year, the most in MLB and more than the bottom six teams combined.

The Dodgers had an operating income of $95 million last season, the most in baseball.

According Forbes, “MLB’s central revenue (mainly national television money that is shared equally) was $2.76 billion in 2018, while local revenue (ballpark and local television money) was $7.29 billion.

“Thus baseball’s pecking order is driven by ticket, sponsorship and local cable television deals.”

The New York Mets came in No. 6 (valued at $2.3 billion), followed in the Top Ten by the St. Louis Cardinals ($2.1 billion), Los Angeles Angels ($1.9 billion), Philadelphia Phillies ($1.85 billion) and Houston Astros ($1.775 billion).

Phillies and Angeles just signed two of the biggest player deals in MLB history: Bryce Harper (13-years, $330 million) and Mike Trout (12 years, $430 million), respectively.

At the other end, the teams valued the lowest by Forbes are No. 26 Oakland A’s ($1.1B), No. 27 Cincinnati Reds ($1.05B), No. 28 Kansas City Royals ($1.025B), No. 29 Tampa Bay Rays ($1.01B) and No. 30  Miami Marlins ($1B).

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