Connect with us
Register for the BSM Summit Now

Sports Online

DraftKings Kicked Tires On Barstool Before Penn National Deal

Portnoy said that ultimately Penn National was the only company to give him a firm offer.

Published

on

Barstool Sports signed an exclusive 40 year deal with Penn National Gaming back in 2020 for the gaming company to hold a 36 percent stake in Barstool. However, the founder of Barstool Sports Dave Portnoy detailed that this was almost not a reality.

Portnoy detailed in a Twitter space event hosted by Roundhill Investments that he was in talks with ”Draftkings and other gaming companies” prior to ultimately sealing the deal with Penn Gaming.

Dave Portnoy said that ultimately Penn National was the only company to give him a firm offer. The deal was unprecedented for the time, as there were gaming companies that had deals with media outlets, but not to this extent.

The deal was for a whopping $163 million dollars and set the stage for the casino operator Penn to own Barstool outright someday.

In three years, Penn National will increase its Barstool stake to 50 percent for another $62 million payment. The regional casino giant Penn National can eventually own the media property outright for $450 million.

It can definitely be said that the Barstool/Penn deal has sparked plenty of other deals across the industry between media outlets and gaming companies. Draftkings has since reached deals with Vegas Sports Information Network (VSiN) and Meadowlark Media.

Sports Online

Darren Rovell Signs Extension With Action Network

“The trajectory of growth in this industry over the last three years has been incredible and I’m thrilled to be a part of this ride.”

Published

on

Darren Rovell has been at The Action Network since he left ESPN in 2018, and it appears that he isn’t going anywhere else anytime soon.

Rovell wrote an article on the company’s website discussing all of the reasons that he felt staying with the network was the right move for him.

“Over the past couple months, as my original deal with The Action Network was coming to a close, I was confronted with the choice of whether to return or to take my brand to one of those cushy sportsbook deals,” said Rovell. “At The Action Network, I am surrounded by a team that is uniquely talented at executing best-in-class data-driven sports betting content with such aplomb. Combine that with the resources given to us thanks to our acquisition by Better Collective this past year and I felt it would be virtually impossible to build the structure we have here anywhere else.”

The details of how long Rovell will agree to continue to be at the network are unclear at this point. It seems that Rovell is content doing exactly what he has been at The Action Network.

“You can count on me to continue to tell you what’s happening at the sportsbooks, to report the big bets and the bettors making them and to keep you updated on anything topical that could count as gambling these days from sports memorabilia to NFTs,” he added.

Continue Reading

Sports Online

ESPN To Celebrate Dick Vitale During 2021 V Week

“Raising funds for cancer research is a long-standing tradition at ESPN.”

Published

on

ESPN’s 15th annual V Week for cancer research and awareness begins today, and ESPN has a whole bunch of promotions in store for the special event.

ESPN is launching the Campaign for a Cause: ESPN and the V Foundation x StockX, which allows fans to have a chance to win celebrity sneakers and memorabilia during V Week through StockX’s Campaign for a Cause benefiting the V Foundation.

Celebrities involved in the campaign include Drake, Kevin Durant, Mike Krzyzewski, Nyjah Huston, Naomi Osaka, and more.

A new addition to V Week is is the development of #VStrongBaby to show support for ESPN college basketball analyst Dick Vitale, who returned to call his first game of the men’s college basketball season last Tuesday after being diagnosed with lymphoma in October. The hashtag is accompanied by a customized heart emoji in honor of the legendary commentator, which ESPN will feature throughout V Week.

ESPN also continues on in funding the Stuart Scott Memorial Cancer Research Fund, which continues to address health inequities that exist in cancer.

“The ongoing pandemic has continued to disrupt the critical need to fundraise for cancer research and address the health disparities impacting people of color in their fight against cancer,” said Kevin Martinez, vice president of ESPN Corporate Citizenship. “Raising funds for cancer research is a long-standing tradition at ESPN, and we are committed to continuing our work to close the gap in cancer disparities experienced by patients of minority populations and improve their outcomes.”

Along with these traditions, the Jimmy V Men’s and Women’s classics take place next week. The Men’s Classics begin Tuesday, December 7, followed by the Women’s Classics on Sunday, December 12, all airing live on ESPN.

Since the V Foundation’s inception in 1993, ESPN has helped raise more than $142 million in the fight to end cancer. Direct donations can be made at www.v.org/donate.

Continue Reading

Sports Online

Outkick Planning Live Pregame Show For Georgia vs Alabama

Chad Withrow, Jonathan Hutton and Jill Savage will host the show, with Clay Travis joining in periodically throughout the show.

Published

on

Alabama versus Georgia is sure to be the talk of the college football world this week. The game will have huge implications on the College Football Playoff selection the following day.

Outkick has announced that it will be covering the SEC Championship Game this Saturday with its own live show from Atlanta.

Kickoff for the actual game is scheduled for 4 p.m. Eastern. But you can get a head start with Clay Travis and OutKick the Tailgate pregame show long before that, with their broadcast starting at 1:30 EST.

Chad Withrow, Jonathan Hutton and Jill Savage will host the show, with Clay Travis joining in periodically throughout.

The Outkick the Tailgate pregame show will be taking place live in Atlanta, Georgia at STATS Brewpub not far from the game taking place at Mercedes-Benz Stadium. Those who are in attendance for the live show can enter for a chance to win merchandise autographed by Alabama coach Nick Saban and receive other prizes as well.

Those who cannot be in attendance can watch via live stream either on the Outkick Youtube channel or on Twitter where full coverage of the pregame show will be aired. It will also be aired on the Outkick website.

Continue Reading
Advertisement
Advertisement

Trending

Copyright © 2021 Barrett Media.