Articles by tag: Patrick Rishe
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…