December 15, 2020

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ViacomCBS wants younger NFL viewers, Endeavor invests in a sports agency, and Blue Wire Media raises $5 million.

NFL Heads to Nick

Isaiah J. Downing-USA TODAY Sports

Slime, googly eyes, and virtual filters are coming to the NFL.

ViacomCBS is going all-in on a kid-focused broadcast of its Jan. 10 wild-card game on Nickelodeon.

Coverage begins with a Von Miller-hosted special highlighting SpongeBob’s best sports moments. A few other things viewers can look forward to:

  • A preview of the series “Kamp Koral: SpongeBob’s Under Years” at halftime
  • Appearances from “All That” stars Gabrielle Nevaeh Green and Lex Lumpkin
  • Over-the-top animated graphics in replay packages 
  • A new website, NFLNickPlay.com, featuring football lessons and exclusive pre-game content

ViacomCBS reportedly paid around $70 million for the game. Amazon Prime Video will also stream the main CBS broadcast. 

As new NFL rights negotiations get underway, networks are vying for more viewers to potentially sweeten their status with the league. 

Disney has tested airing different versions of one football game across multiple networks, with an upcoming wild-card broadcast on Freeform tailored to young, female viewers.

New Endeavors

Ashley Landis/Pool Photo via USA TODAY Sports

Entertainment and sports conglomerate Endeavor has purchased a stake in BDA Sports Management, which is led by NBA agent Bill Duffy. 

What’s the deal? Duffy will become an advisor in Endeavor’s sports division. WME Sports provides full-service representation for clients like Cam Newton and Serena Williams. 

Duffy will remain chairman and chief executive of BDA Sports, which represents roughly 130 players across the NBA, WNBA and other leagues.

Karen Brodkin, co-head of WME Sports, says that teaming with Duffy is part of a broader strategy to work with “more clients earlier in their career trajectory.” 

Duffy’s current clients include:

  • Luka Dončić
  • Zach LaVine
  • RJ Barrett
  • Sabrina Ionescu
  • Steve Nash

Lately, there’s been more crossover between Hollywood agencies and sports agents. 

Endeavor hired Bret Just, a noted agent for pro and college basketball coaches, last year. It also recruited NFL player agents Brian Ayrault and Ben Renzin from Creative Artists Agency to launch a football group at WME Sports.

NBA super-agent Rich Paul sold a significant stake in his Klutch Sports Group to United Talent Agency in 2019 to establish Klutch as UTA’s sports division.

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Blue Wire’s Big Day

Kyle Terada-USA TODAY Sports

Podcast company Blue Wire Media raised $5 million in a recently closed Series A round.

Investors in the round included Dot Capital, Bettor Capital, Side Door Ventures and Forty5 Ventures. Dot Capital led the round, as well as a $1.2 million seed round in February.

Sports Slate

  • Blue Wire currently has a network of 140 podcasts hosted by journalists, athletes, brands and teams like the Baltimore Ravens
  • Athlete-hosts include Baron Davis, Greg Olsen, Ian Happ and a show by Megan Rapinoe and Sue Bird
  • Soccer reporter Grant Wahl launched the company’s first long-form narrative podcast, “American Prodigy,” which chronicles the career of Freddy Adu

Blue Wire is leveraging its more than 20 million podcast downloads this year to capture a chunk of the podcast ad revenue market that is projected to reach $1 billion next year. 

The company also announced a partnership with Snap. Blue Wire will produce “The Come Up,” detailing obstacles professional athletes face at the onset of their careers. NBA players to be featured in the first season:

  • Mo Bamba
  • Fred Van Vleet
  • Duncan Robinson
  • Obi Toppin

The new investment will help Blue Wire create eight to 10 podcast series — which it will also try to option for film and TV.

Other Headlines

  • Giannis Antetokounmpo is signing a five-year, $228.2 million max extension with the Milwaukee Bucks. It’s the largest deal in NBA history.
  • The Philadelphia Eagles partnered with Esports Entertainment Group, becoming the first NFL team to sign a deal with an esports tournament provider.
  • LeBron James’ foundation plans to open a new community hub with job training and financial literacy education in Akron.
  • Mark Teixeira is leaving ESPN a year early to pursue other opportunities after spending four years at the network as an MLB analyst following his retirement from baseball.

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Market Movers

U.S. stocks climbed on Tuesday as Congress continued to take steps towards a federal spending package.

Up:

Camping World Holdings (NYSE: CWH) gained 12.20%

Dave & Buster’s Entertainment (NASDAQ: PLAY) gained 11.36%

Allied Esports Entertainment (NASDAQ: AESE) gained 8.61%%

Down:

Liberty Media Corp. Series C (NASDAQ: BATRK) dropped 4.01%

Planet Fitness (NYSE: PLNT) dropped 3.93%

Vail Resorts (NYSE: MTN) dropped 0.97%

(Note: All as of market close on 12/15/20)

Latest On FOS

Despite women rising throughout the NFL ranks, football continues to be a largely male-dominated sport. While the sport still has a long way to go in terms of diversity and inclusion, Kim Miale has emerged as one of the NFL’s few women agents. 

ESPN’s top men’s college basketball announcer Dan Shulman has plunged full-tilt into a season unlike any other with on-air partner Jay Bilas. Front Office Sports asked the 53-year-old Toronto native if he thinks this men’s college basketball season will reach the finish line. 

European soccer has been hit hard by the loss of games,lack of ticket sales and declining match-day revenues. Leagues have found new fans, however, in private equity firms looking to buy stakes in their media businesses. 

What To Watch

Clemson vs. Virginia Tech men’s basketball: The No. 24 Tigers (5-0) are yet to lose this season, while the Hokies (4-1) are coming off a 20-point loss to Penn State. Virginia Tech has won six of the last seven games against Clemson, and has lost in the matchup at home just once since 2010.

How to watch: 

6:30 p.m. ET on ACC Network

Betting odds:

Virginia Tech -2.5 || ML -120 || O/U 125.5

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