What’s happening now in sports business? That’s the premise for the ‘Daily Drip’, a Monday through Friday article that tracks the news of the day around digital, technology, media, marketing, sponsorship and business, among other topics. We’ll be hitting on our core coverage areas.
New on Sports Business Chronicle: New D.C. subscription sports site launches, emphases community journalism (🔒).
New on Sports Business Chronicle: The Los Angeles Clippers ink multi-year global sponsorship deal with dating app Bumble, secure jersey sponsor (🔓).
We’re gathering some folks together at South by Southwest in Austin for a Sports meetup. TBD on time/date and location as of now. Sign-up here to stay informed. We’ll also be speaking on a virtual reality and sports panel on March 15. More information if you’d like to attend.
NBA 2K League
The NBA 2K League might formally begin later this Spring, but two of the league’s 17 teams are in hot water and undergoing damage control. Gaming operations manager Anthony Muraco of Cavs Legion had to respond to allegations of a fixed selection process following the player-selection pool being trimmed from 72,000 players to 250. This week, the Dallas Mavericks’ 2K team removed its General Manager Roger Caneda from his position after a racist Tweet surfaced from 2016 and made its way to the 2K community.
More ESPN personalities, both current and former, have been named in the current sexual harassment lawsuit against the Worldwide Leader, including Jonathan Coachman and Bomani Jones. Others radio executives and producers were included as well. Former ESPN employee Adrienne Lawrence is the individual who has filed the lawsuit.
Human performance company WHOOP announced on Tuesday a $25 million Series C round of funding led by UAE71 Capital. The NFLPA and Durant Company also joined, among additional venture capital firms.
Below are other individual participants in the round, which brings the company’s total amount raised to $50 million.
- Jack Dorsey: Co-Founder/CEO, Twitter
- David Stern: Ex-Commissioner, NBA
- Russell Okung: Offensive tackle, Los Angeles Rams
- Nicholas Negroponte, Founder, MIT Media Lab
- Mike Novogratz: CEO, Galaxy Digital
PHOTO OF THE DAY
Toronto Maple Leafs netminder Frederik Andersen grabbing a quick drink.
Making sure it’s the good stuff. pic.twitter.com/YobLld1Ynn
— NHL (@NHL) March 6, 2018
According to a report from Eilers & Krejcik Gaming, daily fantasy operator FanDuel is actively looking to be required. A casino operator, major media company or private equity firm were listed as possible landing spots for the nine-year-old company, which experienced another round of layoffs in late 2017.
QUOTE OF THE DAY
This quote is from over the weekend, but it’s too good not to share in the midst of the NFL Combine schedule.
NFL assistant coach on Saquon Barkley: “I would punch myself in the nuts many, many, many times to be able to draft him.”
— mike freeman (@mikefreemanNFL) March 4, 2018