February 25, 2025

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Front Office Sports Alert

Charles Barkley, Stephen A. Smith, and Greg Olsen are among the highest-profile people in sports media. They have all made very public comments about their contracts. “Personally, I hate it,” one agent told FOS about his clients negotiating openly. 

Is there a price to pay? 

—Michael McCarthy and Ryan Glasspiegel

Why Sports Broadcasters Are Negotiating in Public—and Whether They’ll Pay the Price

Cary Edmondson-Imagn Images

During Super Bowl week, Greg Olsen of Fox Sports had to clarify comments he was disappointed Tom Brady got the Super Bowl LIX assignment instead of him. Some speculated Olsen was sending a signal he wanted to be No. 1—or else he’d leave for another network.

“My relationship with Fox is positive. They know where I stand,” said Olsen.

Welcome to the high-stakes world of sports media personalities negotiating in public. Only a decade ago, the contracts and compensation of top personalities were largely confidential. Now everybody from Olsen, Charles Barkley, and Stephen A. Smith to Colin Cowherd, Dan Orlovsky, Erin Andrews, and Ryan Clark are openly discussing their deals and salary expectations from employers like Fox, ESPN, and TNT Sports. 

It’s a risky strategy. Mega-talents like Barkley, Smith, and Cowherd are used to opining on anything and everything. They wield enormous clout and are willing to negotiate in public because they have fallback options if things go south.

Smith, for example, told me during Super Bowl week that he expects to sign a lucrative contract extension with ESPN “very, very soon.” Smith is poised to land a five-year, $100 million deal that could catapult him past Troy Aikman, Joe Buck, and Pat McAfee as ESPN’s highest-paid talent. If the two sides can’t come to a deal, Smith is prepared to go independent, expand into entertainment, or enter politics.

“From a numbers perspective, we agreed months ago. Like literally months ago,” said Smith. “It’s not about the money at this point, because the money was agreed to back in October.”

But lesser stars are taking a gamble. When his ESPN deal expired last year, Clark took to X/Twitter with a 3-minute-plus video warning he felt “played” by his employer. “Somebody’s got to pay the piper. It’s either we get what we want or we make a decision to stand on what we’re worth. It’s not that I think I should be paid more than anybody that does the job. I just want what I’m worth.” 

Ex-ESPNer Bill Simmons sputtered in disbelief at Clark’s chutzpah. “Ryan Clark openly challenging them about his extension? Do they have bosses? What’s happening?” asked The Sports Guy. But the NFL analyst’s gamble worked. Within weeks, Clark scored a new deal, paying him an estimated $2 million a year.

As usual, Charles Barkley is in a class by himself. Only Sir Charles would publicly blast his bosses at TNT as “stupid”—while admitting the two sides were at loggerheads over whether he could break his contract. 

“There’s been a lot of chicanery going on behind the scenes that I haven’t been happy with,” Barkley told Dan Patrick. “I’m hoping everything works out. But it’s been fascinating dealing with all the TNT BS this entire time.”

The Price

On the other hand, playing hardball can backfire. Companies don’t like to be pressured publicly. And prospective employers might be scared off by talent they consider to be a loose cannon.

“Personally, I hate it,” one agent told me about his sports media clients trying to negotiate in public. “I’ve talked to a number of executives who also agree it’s become so overtly obvious when somebody says, ‘I don’t know what’s going on with my future,’ or ‘Maybe I’ll be here, maybe I won’t.’ To be perfectly honest, if agents and teams of people are doing what they’re supposed to do, everybody who needs to know will know that their deals are up. You won’t need an article—or a soliloquy on TV. It’s gone way too much the other way.”

Will this trend continue? I think so. For one thing, public personalities are sharing more of themselves than ever before. Second, many of these comments come on podcasts, which have a more confessional feel. Third, top talents are now able to exert their leverage to get rid of meddling bosses they don’t like. 

Just ask McAfee, who ended the nearly 40-year ESPN career of Norby Williamson by publicly calling him a “rat” trying to “sabotage” his show. The boldness of McAfee and Smith drew praise from ex-ESPNer Dan Le Batard. In the end, McAfee played chicken and won. 

“Do you guys realize that Pat McAfee and Stephen A. Smith have now some sort of unprecedented power in the history of the place to call out an executive by name who runs the place and shortly thereafter, the executive is gone,” Le Batard said on his show. “That’s [a] real and substantive shift of brand power.”

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FS1’s Nick Wright Opens Up on High-Stakes Poker, Facing Phil Hellmuth

YouTube / GG Poker

Nick Wright is best known as the cohost of the popular First Things First sports talk show on FS1, where he has become arguably the most visible national fan of the Chiefs and has pounded the drum on his belief that LeBron James has had a better basketball career than Michael Jordan. He also moonlights as a high-stakes poker player, and his games have been broadcast on the PokerGo network a number of times over the past several years. He spoke to FOS about how he got into this world, his battles with Phil Hellmuth, and what he thinks about a proposed poker league that would drug-test all participants. 

Front Office Sports: How did you get into this world of high-stakes poker?

Nick Wright: I’ve always been a poker player, since I was 15. I ended up becoming friendly with a guy named Haralabos Voulgaris, who was the world’s best sports bettor for a period of time, then worked with the Mavs, and now owns a Spanish soccer team. 

He saw me tweet something poker-related and he DM’ed me and said he could connect me with the guy who puts together all the televised big games on PokerGo, a guy named Brent Hanks. I reached out to him and he and I are now dear friends. 

My first entree into it, I did two games of cash games with Poker pros Daniel Negreanu and Phil Hellmuth and some others. I also did one day of a $10,000 entry sit-and-go that included the two of them, Bruce Buffer, and some other people. It came down to me and Phil and I beat him. 

In that same period of time, Phil was doing these high-stakes heads-up duels. No one could beat him. He beat Negreanu and Antonio Esfandiari several times in a row each. I then reached out to Brent and was like, “Listen, I just won $50K. It costs that to play Phil. He and I had a good rapport. It would be good TV. Why don’t I challenge him next?”

I did, and I ended up losing. But it was a great six-hour match. He beat me on a higher flush. He unintentionally slow-rolled me in one of the most painful moments of my life, and then graciously took me to dinner afterwards and told me all the mistakes I made. That kind of put me on the poker map, so to speak, where I’m in the mix.

For more on Nick Wright’s poker journey, including his battles with 17-time champion Phil Hellmuth and his thoughts about a potential new poker league, read Ryan Glasspiegel’s full story here.

Stephen A. Smith Has Fourth-Best Gambling Odds to Be 2028 Democratic Presidential Nominee

Photo: Jeremy O'Brien/Front Office Sports

Want to bet on the chances Stephen A. Smith is the 2028 Democratic nominee for president? There’s a place for that.

As talk continues to percolate about whether the ESPN personality will actually run for the highest office in the land in 2028, prediction market Kalshi now has relatively modest odds for Smith to actually become the Democratic Party’s nominee.

As of noon ET Saturday, a $100 bet on Smith would win you $1,241 if Smith is the nominee. You can also bet “no,” wagering $100 to win $5. The implied odds of Smith earning the nomination are 7.26%. The bet loses if Smith doesn’t run at all or isn’t the nominee.

Smith has the same price as Pete Buttigieg, Alexandria Ocasio-Cortez, and Gretchen Whitmer. Only Gavin Newsom, Josh Shapiro, and Wes Moore have shorter odds. Smith has better odds than J.B. Pritzker, Andy Beshear, Kamala Harris, Michelle Obama, Raphael Warnock, John Fetterman, and Mark Cuban. 

Overall, $1.2 million in total has been bet on the Democratic presidential nominee market on Kalshi.

Smith has given mixed signals about a potential run. Speaking with Front Office Sports’ Michael McCarthy at Radio Row during Super Bowl week in New Orleans, Smith said, “I can’t imagine myself ever running. The one thing that will always dissuade me from political office is having to campaign. … Now if I could just get interviewed and get into office, that would be different. But that campaign stuff would kill me because I am a straight shooter.” 

He said he’d love to participate in a presidential debate, but that you “can’t debate a candidate without being a candidate.”  

Yet in a subsequent interview with CNBC’s Alex Sherman, Smith reiterated he would love the job—if he didn’t have to campaign for it.

“If you tell me that I could catapult to the White House, and I could be in a position to affect millions upon millions of lives, not just in America, but the world over, yeah, that’s something that I would entertain,” Smith said.

Longtime Democratic strategist James Carville lambasted Smith for denigrating the bench of the party. 

“When it comes to sports, I find him to be really insightful. When it comes to politics, he don’t know his ass from a hole in the ground,” Carville said on his Politicon podcast earlier this week. “He’s running his goddamn mouth about how he may have to run as a Democrat because there’s no talent. … Stephen, are you kidding me?”

Smith responded directly to Carville on his eponymous podcast, saying in part, “You sound like one of those old curmudgeons that want things to be the way that they used to be. … Do you know what kind of havoc I’d wreak if I sat down for a few weeks and just buried my brain and my face and my mind into the nuances of politics and what transpires on Capitol Hill? Are y’all sure you want that smoke? You sure about that?”

Around the Dial

Peter Casey-Imagn Images

  • ESPN announced Monday that Richard Jefferson will join Doris Burke and Mike Breen on its No. 1 lead broadcast team for the NBA Finals. Jefferson has been appearing with the duo this season. Lisa Salters will continue to serve as sideline reporter. Jefferson’s promotion answers the question, for now, of whether ABC/ESPN will go with a two-person announce team for the Finals at least, if not next year—or a three-person team similar to their former team of Breen, Mark Jackson, and Jeff Van Gundy (with Salters as the fourth member of the squad).
  • Luka Dončić and the Lakers will host his former team, the Mavericks, in Los Angeles Tuesday night. With tip-off at 10 p.m. ET on TNT Sports, it’s likely to be one of the highest-rated NBA games of the season.
  • Tuesday’s season premiere of Netflix’s Full Swing will give viewers a new look at golf superstar Scottie Scheffler’s infamous arrest at the 2024 PGA Championship. You can check out the trailer here.
  • The 33rd Team, the NFL-focused business founded by former Jets GM Mike Tannenbaum, is pivoting away from writing to key in on data, tech, and consulting. About 8 to 10 writers or editors will have their jobs eliminated by the switch, a source told FOS.
  • Barstool Sports’ Dan Katz (“Big Cat”) is hiring an assistant. Many of the responsibilities include helping him manage his social media.

Question of the Day

Are prominent sports broadcasters making a mistake by negotiating in public?

 Yes   No 

58% of respondents thought ESPN would regret not retaining its MLB rights package for $550 million per year.

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Written by Michael McCarthy, Ryan Glasspiegel
Edited by Or Moyal, Catherine Chen

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