Kings League’s Post

https://lnkd.in/gy3nmS-g @LizHabib, @DanBeckerman, @EdGlazer, & @StephanieMCmahon special thanks for presenting my latest invitation. I wanted to address EA SPORTS @EdGlazer proposed authentication to the video game world of sports. By one of the greatest futbol team e.g. San Diego Legion, where here I live to see in action vs. game play? Second, I commend such a long term entertaining business, and fundamentally challenged historical game (s)! Lastly, I do like the idea how the business accumulated wealth actually draws my attention in ownership!

Great article in the Sports Business Journal by Rachel Axon. Here are some highlights. Excitement is palpable as the Paris Games draw closer, with signs popping up in New York and Team USA wrapping up its media summit, setting the stage for the event. Amidst this, Salt Lake City is poised to secure the 2034 Winter Games, with a vote expected to solidify its bid. Hospitality packages are selling out fast, with On Location reporting significant interest in various sports. Activation efforts by NBC, Omega, Ralph Lauren, and others are underway, showcasing the commercial side of the Olympics. The USOPC unveiled its "One for All" campaign, celebrating Team USA's diversity and representation. Salt Lake City's bid is progressing well, with discussions ongoing about the commercial relationship between the city and the USOPC. LA28, while navigating sponsorship changes, anticipates leveraging the Paris Games to boost sponsor interest for the 2028 Games in Los Angeles. #ParisGames #Olympics2024 #SaltLakeCity2034 #sportbusiness #brisbane2032 #sport https://lnkd.in/gW84bTQz

Really enjoyed reading this commentary on the valuation of sports teams by Amran Nawaz, CPA, CA, CBV & Shalabh Gupta, CA, CBV, CFE. Looking forward to their next analysis in the series!

In a series of 5 articles, my colleague, Shalabh Gupta, CA, CBV, CFE and I aim to identify and investigate the factors that affect the value of sports teams and discuss related questions of many sports fans. In our 1st article, we have examined the similarities and differences between European and American league structures and business models, and their influence on the values of teams competing in these leagues. In our 2nd article, we will examine recent transactions involving football/soccer teams, compare their “prices” with the published “values” and explore possible reasons for the differences. In our 3rd article, we will discuss the prevalent valuation approaches used to value businesses and how such approaches can be applied to value a sports team. In our 4th article, we will examine each of the key factors (such as revenues, costs, etc.) that impact the value of a sports team in detail. In our final article, we will delve into the different transaction structures and explore the emerging trends in ownership structures, which now include celebrities and athletes. We look forward to receiving feedback from our fellow professionals and stoke a discussion on key issues in the #valuation of #sportsteams. #experts #sportslaw

Recent sports betting headlines are examples of the integrity and responsibility safeguards of the regulated market and lack thereof in the illegal market. In this morning’s Sports Business Journal, I write that – six years post-PASPA – legal sports betting is delivering on its promises.

The fall college sports season is nearly underway across the country with sports like men’s soccer, women’s soccer, and volleyball getting underway before the always highly-anticipated kickoff to football. For those in athletic departments and conference offices, that means the start of another academic year loaded with live event production. With so many live events to produce, how does a conference set up an efficient workflow within budget to get everything done? The Sun Belt Conference, which features 14 institutions across 10 states, provides live coverage of championship events for 18 different sponsored sports through a centralized REMI (or remote production) powered at its core by transmission solutions from LiveU. The Sun Belt’s Commissioner Keith Gill and Senior Associate Commissioner, Football & Broadcasting Travis Llewellyn offer a look at the workflow and share how it enabled their league to reach fans, alumni, and supporters in ways it never has before, in this case study presented by Janel (Fleming) Moorefield, VP of Sales, Sports at LiveU.

Strip away the hype, hyperbole and fluff and you get this -- 7 terrific tips on reporting, covering and understanding sports venue financing. The webinar video and tips are helpful: https://lnkd.in/gVrGfGiS

Sports teams are businesses. So, with an increase in popularity, it is not surprising the valuations of sports teams are rising, too. Teams in the American Major Leagues – NFL, NBA, and MLB – are clearly leading the march on this front, but European football clubs are closely following suit. In this article, the first in a series, Secretariat Managers Shalabh Gupta, CA, CBV, CFE and Amran Nawaz, CPA, CA, CBV examine the similarities and differences between European and American league structures and business models, and their influence on the values of teams competing in these leagues. Next week on October 9 and 10, Shalabh and Amran will attend the LawInSport Global Summit 2023 in London where this, and similar topics, will be explored in greater depth. Read “Valuations of Sports Teams on the Rise: A Tale of Two Continents”: https://lnkd.in/g2HC4k3U #LISGS23 #sportslaw #experts #sportsbusiness #businessvaluation