Articles by tag: Patrick Rishe

Media Companies Battle for Sports Streaming Dominance. What Will Separate the Winners from Losers?

sports streaming

With most of the world continuously navigating the constant and rapid changes in technology, sports streaming has now emerged as a critical battleground for media companies vying for viewer attention. Traditional broadcasting models are seeing new challenges from digital platforms, and companies like Disney and Sky are making significant moves into the sports streaming…

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

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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College Football Should Step Up Its Fan Engagement Game to Capitalize on a Willing, Able, and Available Base

Fan engagement is up in the NFL; it’s high time College Football joined the party. The NFL marked an unprecedented achievement in the 2023-2024 season by securing 93 of the top 100 most-watched TV broadcasts in the US, a feat not matched by any other sport. This surge in popularity underscores the NFL’s crucial…

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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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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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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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data-driven tools
Leverage Data-Driven Tools and Local SEO for Maximum Search Engine Rankings
July 26, 2024

As businesses continue to navigate the digital landscape, data-driven tools are more crucial than ever for effective SEO strategies. Understanding and implementing the proper SEO practices can make a significant difference with evolving algorithms and competitive markets. Given that 75% of users never scroll past the first page of search results, this statistic underscores…

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On-device AI
On-Device AI is Today’s Tech Innovation, Competition and Market Leadership Driver
July 26, 2024

On-device AI revolutionizes the tech landscape, making it a critical factor for industry dominance. This cutting-edge technology directly integrates advanced AI capabilities into devices, transforming consumer and enterprise applications. This shift stems from the need for improved performance, reduced latency, enhanced data privacy & security, and personalized user experiences. With advancements in neural processing…

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modern supply chains
The Role of AI in Modern Supply Chains: Insights from Aaron Hatfield at Arvist
July 26, 2024

Artificial intelligence rapidly transforms modern supply chains, with companies like Arvist leading the charge. In a recent episode of Hammer Down, hosted by Mike Bush, Aaron Hatfield, the Head of Sales at Arvist, sheds light on AI’s practical applications and benefits in enhancing supply chain operations. Is AI in the supply chain a double-edged…

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semiconductor manufacturing
Training New Semiconductor Manufacturing Professionals is Key to Meet Coming Domestic Manufacturing Demand
July 26, 2024

Over the past few years, the U.S. has made significant strides in semiconductor manufacturing, driven by substantial investments and strategic policies. With the CHIPS Act expected to triple domestic semiconductor manufacturing capacity by 2032, the need for a skilled workforce is more urgent than ever. This discussion explores the key question: What does the…

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Snapdragon Stadium and Record-Setting Expansion Fee Keys to San Diego’s Inclusion as Major League Soccer’s 30th Franchise
May 24, 2023

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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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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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…

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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…

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St. Louis CITY SC Expands Pro Soccer
February 22, 2023

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?
February 21, 2023

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’ 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
February 11, 2023

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
February 7, 2023

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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