Amazon leads the NFL media bidding-Front Office Sports

2021-11-25 07:19:12 By : Mr. jingchui wu

Negotiations with the City of Oakland are ongoing, but Company A has submitted a bid for a piece of land in the Las Vegas Valley-a potential location for a $1 billion baseball stadium. Team president Dave Caval said: "Things are getting more and more serious." 👀

Kirby Lee-USA Today Sports/Design: Alex Brooks

Sources told Front Office Sports that Amazon has become a leader in buying minority stakes in NFL media assets.

According to sources, the tech giant is negotiating with the country's wealthiest sports league to acquire up to 49% of NFL Network, RedZone and NFL.com. The $10 billion alliance hired Goldman Sachs in June to negotiate a deal to sell a large amount of NFL Media.

But a source warned that the transaction with Amazon has not yet been completed, and last-minute obstacles may delay the final agreement for several months.

If successful, the agreement will mark a big step in the growing business relationship between Amazon and the NFL.

Both the NFL and Amazon declined to comment.

According to sources, Amazon’s annual revenue is US$386 billion, and it is also bidding for “Sunday Ticket” packages with Disney, Viacom, CBS, Apple and other companies. Bidding for tickets on Sunday may reach US$2 billion to US$3 billion per year.

Manchester City/Design: Alex Brooks

Two top European football clubs terminated the blockchain sponsorship agreement due to unrelated consequences.

On Friday, after a businessman associated with the company was arrested for fraud, FC Barcelona terminated its transaction with the company. The two parties reached an agreement on November 5 to activate the NFT related to the history of Barcelona.

Manchester City also abandoned the partnership last week, canceling the deal it reached with the decentralized financial company 3Key Technologies on November 12.

Although there was no obvious violation of the law in this case, after reports that the presence of 3Key and its executives on the Internet was very scarce, Manchester City chilled. Two websites related to 3Key went offline on Tuesday, and searches for key executives failed to find any information.

The club suspends cooperation until further notice. City and 3Key have stated that they will start to launch products overseas in Germany and South Korea.

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Nike announced its new "mindset" program last week, designed to help users prioritize their mental health.

The goal is to get people to "act in any way that is good for their mental health." Mind Sets will provide customized exercise plans and mental health content through the Nike App, Nike Run Club and social channels.

In recent months, it has been proven that psychological care is of increasing importance for professional athletes:

Other companies are also involved.

When Osaka announced its withdrawal from the French Open, the meditation app Calm offered to pay the star's fine. Peloton introduced sleep and meditation classes on Delta flights in early November.

According to data from the Global Health Institute, the global mental health industry is estimated at 121 billion U.S. dollars and is expected to grow by 18% every year by 2027.

Want to learn more about how sports-related companies solve mental health problems? View sports insights at the front desk.

The Indian Premier League is currently receiving more global attention than ever before-and with the addition of two new teams, television rights may become a tug of war.

Disney-owned Star India’s $2.6 billion five-year IPL broadcast rights contract will expire next year—the league expanded from 8 teams to 10 teams in the same year—it is estimated that costs will increase by at least 25%.

The latest price of IPL copyright is almost four times the price Sony paid in 2008 for the first 10 years of the Broadcast Alliance. Sony may bid for the copyright again this round, and Sony plans to buy 53% of Zee Entertainment's bet.

The alliance has been the center of several major transactions this year.

Last season, 31.57 million people watched the league finals. In the past few seasons, Star India stated that at least 400 million people watched at least one game.

According to reports, the value of IPL in 2020 is US$6.2 billion.

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Do you think Amazon will eventually buy shares of NFL Media?

On Monday's answer, 45% of respondents believe that the next MLB season will not start on time.

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