Suite Talk: The Business Behind Sports

Messi Effect Transforms MLS: From Short-Term Thrill to Long-Term Game Changer for U.S. Soccer

messi effect

The “Messi effect” on Major League Soccer (MLS) has been nothing short of revolutionary, transforming not just the fortunes of Inter Miami CF but reshaping the league’s entire landscape. With Lionel Messi leading the charge, Inter Miami’s valuation has skyrocketed to over a billion dollars, marking an extraordinary leap in franchise value and spotlighting…

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Articles
Viva Las Vegas: Football Economics Led to the End of the Pac-12, but not College Football in the Silver State

Las Vegas emerges as a burgeoning hub for college football, highlighted by successfully hosting the final Pac-12 championship at the $1.9 billion Allegiant Stadium and growing interest in the city as a potential site for future major events, including College Football Playoff games and conference championships. Still, the Pac-12’s loss of USC, UCLA, Washington,…

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Articles
Lionel Messi Increases Ticket Prices: Can He Also Boost the Quality Perception of Major League Soccer?

Soccer superstar Lionel Messi will grace Nashville with his presence as he and Inter Miami CF gear up to challenge Nashville SC in the highly anticipated Leagues Cup final. Fans eagerly await the match, scheduled for Saturday, August 19, at 9 p.m. ET. Tickets went on sale Wednesday. Messi has been on a scoring…

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Unparalleled Reach Meets Operational Experience: the ESPN and Penn Entertainment Partnership Is One to Bet On

ESPN and PENN Entertainment have unveiled a groundbreaking deal to launch “ESPN BET,” a branded sportsbook set to debut this fall in 16 states. This ambitious venture sees PENN committing significant financial investment in ESPN over a decade, with the latter gaining share options. Amidst this, PENN’s stock surged by 14% post-announcement. In a…

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Articles
A Diverse and Non-Linear Career Background is Pivotal in the Making of Every Successful Sports Industry Leader

The business landscape of sports is witnessing a transformation, brought on by shifts in technology, fan experience, and operational strategies. It’s why understanding the role of sports executives in this dynamic environment has never been more crucial. One of the major emerging themes revolves around the concept of a non-linear career trajectory, a notion…

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Podcast Episodes
The Importance of Legal Counsel to Major League Organizations

Live sporting events continue to be at the forefront of entertainment in America year after year. Between enthused fans, good food and drinks, and anticipation for record-breaking moments, the ambiance of a stadium on a game day is unmatched. However, behind the scenes of our beloved stadiums and sports traditions lies term sheets and contracts…

Read More
Articles
Snapdragon Stadium and Record-Setting Expansion Fee Keys to San Diego’s Inclusion as Major League Soccer’s 30th Franchise

As Major League Soccer (MLS) continues to grow and gain popularity in the United States, the recent announcement of San Diego becoming the league’s 30th franchise marks a new era in the sport. Patrick Rishe, the host of Suite Talk: The Business Behind Sports, hailed the move as a victory for the vibrant San Diego…

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Edge Computing Smart Cities Experts Talk
Edge Computing is the Foundation for Scaled Smart Cities. How Can the Industry Accelerate Adoption?
May 28, 2024

As cities globally accelerate their transformation into “smart cities,” the integration of a capable computing ecosystem to complement smart city initiatives has become an important part of smart city success. How critical will edge computing be in that ecosystem, and in the facilitation of today’s and tomorrow’s smart city projects, especially with where smart…

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The Global Privacy Revolution: Navigating the New Landscape of Data Collection and Integration
May 28, 2024

The Global Privacy Revolution: Navigating the New Landscape of Data Collection and Integration In today’s rapidly evolving digital landscape, the global emphasis on privacy is emerging as a powerful disruptor, fundamentally transforming how businesses collect and integrate customer data. This shift is not merely a regulatory hurdle but a profound evolution in societal values, recognizing…

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Continuous Improvement in Threat Assessment
Continuous Improvement in Threat Assessment Practices
May 28, 2024

In this episode of School Safety Today by Raptor Technologies, Michelle Dawn Mooney sat down with Dr. Marisa Randazzo to discuss the importance of continuous improvement in threat assessment practices.  Dr. Randazzo shares her extensive experience in threat assessment, emphasizing the importance of quality training and to regularly evaluate and enhance their threat assessment…

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Merging traditional craftsmanship with modern entrepreneurship
Culture and Craftsmanship with Sabah Founder Mickey Ashmore
May 28, 2024

In an age where mass production dominates, the art of craftsmanship and its profound impact on culture and community is increasingly rare. This rarity has brought craftsmanship into the spotlight, as consumers and creators alike seek authenticity in a digital world. At the heart of this movement is Sabah, a brand that has successfully…

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Latest Dr. P's Quick Hitters

college football
Articles
Viva Las Vegas: Football Economics Led to the End of the Pac-12, but not College Football in the Silver State
December 13, 2023

Las Vegas emerges as a burgeoning hub for college football, highlighted by successfully hosting the final Pac-12 championship at the $1.9 billion Allegiant Stadium and growing interest in the city as a potential site for future major events, including College Football Playoff games and conference championships. Still, the Pac-12’s loss of USC, UCLA, Washington,…

Read More
Unparalleled Reach Meets Operational Experience: the ESPN and Penn Entertainment Partnership Is One to Bet On

ESPN and PENN Entertainment have unveiled a groundbreaking deal to launch “ESPN BET,” a branded sportsbook set to debut this fall in 16 states. This ambitious venture sees PENN committing significant financial investment in ESPN over a decade, with the latter gaining share options. Amidst this, PENN’s stock surged by 14% post-announcement. In a…

Read More
Snapdragon Stadium and Record-Setting Expansion Fee Keys to San Diego’s Inclusion as Major League Soccer’s 30th Franchise

As Major League Soccer (MLS) continues to grow and gain popularity in the United States, the recent announcement of San Diego becoming the league’s 30th franchise marks a new era in the sport. Patrick Rishe, the host of Suite Talk: The Business Behind Sports, hailed the move as a victory for the vibrant San Diego…

Read More
NBA Faces Dilemma: Ja Morant’s Latest Firearm Incident

In a startling turn of events, the Memphis Grizzlies’ rising star, Ja Morant, finds himself embroiled in controversy once again. Just months after a highly publicized incident where he brandished a firearm in a video posted on social media, Morant has seemingly repeated his behavior. Sports enthusiasts and fans of the NBA are left questioning…

Read More
public funding
Articles
Records Were Meant to be Broken: Tennessee Titans to Receive $1.2 Billion in Public Funding for New Stadium
May 3, 2023

Suite Talk: The Business Behind Sports host, Patrick Rishe, recently commented on the Oakland A’s plan for its franchise move to Las Vegas. Part of that deal includes public funding to supplement the new stadium’s estimated $1.5 billion cost. Topping that news comes the announcement that the Tennessee Titans NFL franchise just closed a new…

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Are the Oakland A’s Making a Move to Las Vegas?

Although Major League Baseball’s Athletics have been on the move before, since 1968, Oakland, California, was the home turf of the A’s. If the rumors are true, and this story seems to be getting more factual by the moment, the A’s could soon be playing baseball in the desert after team president Dave Kaval…

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St. Louis CITY SC Expands Pro Soccer

Missouri soccer fans have reason to celebrate as St. Louis CITY SC kicks off its expansion year season. And St. Louis is doing it in style with its beautiful, state-of-the-art open-air stadium, CITYPARK. This brand-new facility boasts 22,500 seats, all within 120 feet of the pitch, with the closest seats a mere 15 feet from…

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The XFL Ushers in Spring Football. Can it Also Bring in Attendance and Ratings?

The 2023 Super Bowl has come and gone. While that TV ratings bonanza is over, officially marking the end of the 2022-2023 NFL season, plenty of action remains on the gridiron. Spring football is here with the XFL. Eight teams play a ten-week schedule, plus a semifinal and a championship round ending May 13,…

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eagles
Articles
Eagles’ Star Quarterback is Predicted to be Signed Long-Term
February 14, 2023

Philadelphia Eagles’ Star Quarterback, Jalen Hurts, came up short in his quest for his first Super Bowl win, but his performance was no less than historic. Could Jalen Hurts’ next contract prove just as historic? In yesterday’s defeat against the Kansas City Chiefs, Hurts scored 20 points himself (three touchdowns and a two-point conversion) and…

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Sports Betting and TV Ratings for Super Bowl LVII

What is the relationship between sports betting and TV ratings? The Super Bowl is the largest television and sports event of the year, but it’s also the biggest sports betting event too. Betting on this weekend’s Super Bowl matchup between the Philadelphia Eagles and the Kansas City Chiefs, according to the American Gaming Association, is…

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Secondary Ticket Market Prices Spike with LeBron James on the Verge of History

38,387 points. That’s the number of points scored by all-time NBA points leader Kareem Abdul-Jabbar. And all that separates LeBron James from surpassing that number is 36 points. LeBron’s career average is 27.2 points scored per game. That number puts James on pace to overtake Jabbar’s record on February 9 when the Lakers face the…

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Breaking Down Super Bowl LVII Business Figures

The biggest event of the season is coming up in football, and no it’s not the Pro Bowl. As the Philadelphia Eagles and Kansas City Chiefs face each other this coming Sunday, Super Bowl LVII kicks off with high stakes and high reward. But while Patrick Mahomes and Jalen Hurts are focusing on the outcome,…

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Latest Podcast Episodes

legal counsel
Podcast Episodes
The Importance of Legal Counsel to Major League Organizations
June 2, 2023

Live sporting events continue to be at the forefront of entertainment in America year after year. Between enthused fans, good food and drinks, and anticipation for record-breaking moments, the ambiance of a stadium on a game day is unmatched. However, behind the scenes of our beloved stadiums and sports traditions lies term sheets and contracts…

Read More
Unveiling the Crucial Role of Baseball Analytics: A Journey into Statistical Insights

Baseball analytics have become a pivotal aspect of the sport, revolutionizing player evaluation and game strategy. Analytical insights hold influence on player evaluation, inform rule changes, and revolutionize the overall strategy of the game. As data availability continues to expand and comprehensive approaches become essential, it’s time to unveil analytics’ profound impact on America’s beloved…

Read More
Sports Business is Booming in Dallas

Big cities love their sports, but one city recently rose to the top of the list. In Sports Business Journal’s March 2023 ranking of the top 50 cities in the U.S. for sports business, Dallas, Texas came in at number one. Dallas has several major sports franchises, from the Dallas Cowboys, Dallas Mavericks, and…

Read More
Storytelling in Branding and Marketing Builds Fan Experience in the Sports Industry

What’s new for 2023 in the world of branding and marketing in the sports industry? Personalization and fan engagement are two focus areas in branding and marketing in the sports industry. Brands understand the power of mobile content to make connections and build stories with fans throughout a sporting event, from non-match to game-day…

Read More
musial awards
Podcast Episodes
Musial Awards: The Most Important Awards Ceremony, Highlighting Character and Sportsmanship
March 24, 2023

Sportsmanship means being kind, but most importantly showing respect and humility during a sporting event. Competition can be fierce but it’s important not to let the negativity of a competition drown out the positives of a sport. To highlight the importance of kindness and selflessness in the sports industry, the Musial Awards were created….

Read More
Providing Analytics for the Sports Creative Community to Track Their Content

LinkedIn is fantastic, no doubt about it, but it only tells a story of how good you are and where you’ve worked on paper. Especially for those who are a part of a creative community, more platforms need to be available for creators to showcase and claim ownership of their work. If you really want…

Read More
The Business of Sports Data: How Analytics Are Bringing Intentionality in Every Layer of the Sports Industry

If sports are a multibillion-dollar engine, the data fueling that engine is big business too. Strategic Market Research puts sports analytics at a value of $2.1 billion in 2020, with a growth trajectory of $16.5 billion by 2030. The rise of machine learning and AI technologies drives this market growth. Companies like SBRnet provide comprehensive…

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FIFA World Cup 2026: Navigating the Hosting Process

The FIFA World Cup is one of the most prestigious global tournaments in soccer. Held every four years, cities and countries spend billions of dollars preparing for and hosting the event. So, how does the Fédération Internationale de Football Association (FIFA) select host locations? On today’s episode of Suite Talk: The Business Behind Sports, host…

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Other Suite Talk: The Business Behind Sports
Unveiling the Crucial Role of Baseball Analytics: A Journey into Statistical Insights
May 23, 2023

Baseball analytics have become a pivotal aspect of the sport, revolutionizing player evaluation and game strategy. Analytical insights hold influence on player evaluation, inform rule changes, and revolutionize the overall strategy of the game. As data availability continues to expand and comprehensive approaches become essential, it’s time to unveil analytics’ profound impact on America’s beloved…

Read More
NBA Faces Dilemma: Ja Morant’s Latest Firearm Incident
May 18, 2023

In a startling turn of events, the Memphis Grizzlies’ rising star, Ja Morant, finds himself embroiled in controversy once again. Just months after a highly publicized incident where he brandished a firearm in a video posted on social media, Morant has seemingly repeated his behavior. Sports enthusiasts and fans of the NBA are left questioning…

Read More
Dallas Mavericks Executive Discusses Organization’s Push for Sports Diversity
May 9, 2023

Sports are loved by people from all walks of life and played by people of diverse backgrounds. Despite this fact, oftentimes the big players behind these scenes are not as diverse. Data shows that the diversity of executives in sports is actually lagging behind. However, some sports leagues fare better than others, and when it…

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Records Were Meant to be Broken: Tennessee Titans to Receive $1.2 Billion in Public Funding for New Stadium
May 3, 2023

Suite Talk: The Business Behind Sports host, Patrick Rishe, recently commented on the Oakland A’s plan for its franchise move to Las Vegas. Part of that deal includes public funding to supplement the new stadium’s estimated $1.5 billion cost. Topping that news comes the announcement that the Tennessee Titans NFL franchise just closed a new…

Read More
Sports Business is Booming in Dallas
April 27, 2023

Big cities love their sports, but one city recently rose to the top of the list. In Sports Business Journal’s March 2023 ranking of the top 50 cities in the U.S. for sports business, Dallas, Texas came in at number one. Dallas has several major sports franchises, from the Dallas Cowboys, Dallas Mavericks, and…

Read More
Are the Oakland A’s Making a Move to Las Vegas?
April 24, 2023

Although Major League Baseball’s Athletics have been on the move before, since 1968, Oakland, California, was the home turf of the A’s. If the rumors are true, and this story seems to be getting more factual by the moment, the A’s could soon be playing baseball in the desert after team president Dave Kaval…

Read More
Storytelling in Branding and Marketing Builds Fan Experience in the Sports Industry
April 4, 2023

What’s new for 2023 in the world of branding and marketing in the sports industry? Personalization and fan engagement are two focus areas in branding and marketing in the sports industry. Brands understand the power of mobile content to make connections and build stories with fans throughout a sporting event, from non-match to game-day…

Read More
Musial Awards: The Most Important Awards Ceremony, Highlighting Character and Sportsmanship
March 24, 2023

Sportsmanship means being kind, but most importantly showing respect and humility during a sporting event. Competition can be fierce but it’s important not to let the negativity of a competition drown out the positives of a sport. To highlight the importance of kindness and selflessness in the sports industry, the Musial Awards were created….

Read More
Providing Analytics for the Sports Creative Community to Track Their Content
March 13, 2023

LinkedIn is fantastic, no doubt about it, but it only tells a story of how good you are and where you’ve worked on paper. Especially for those who are a part of a creative community, more platforms need to be available for creators to showcase and claim ownership of their work. If you really want…

Read More