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Novig CEO Jacob Fortinsky at the Front Office Sports Asset Class event Tuesday addressed recent criticism of the company over an ad featuring a nude Sydney Sweeney. Professional female athletes have said the ad hypersexualizes women’s relationship to sports. Fortinsky told FOS, “It really was Sydney who was driving a lot of the visuals and the messaging.”
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—Ellyn Briggs
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You already start and end your day with The Memo. Now, you can stay up to date between the sends on the FOS app, so you never miss a deal, trade, or major move.
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The app is where you can find all of the best Front Office Sports content in one place, including:
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Explore the Now tab, a live, curated page that never goes stale
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Read breaking news the second it drops, from the reporters you follow
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Watch all of our vertical video, series, and shows in one place
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Play Factle daily to test your sports IQ
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And sign up for notifications, so you never miss a beat
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Download the app for free on the App Store or Google Play.
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ONE BIG FIG
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Sticking to Sports
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Front Office Sports
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$1 billion
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How much has been traded on Novig since its launch in August. The sports-only prediction market’s CEO Jacob Fortinsky, who spoke with Front Office Sports at the Asset Class event Tuesday, said it marks the fastest start of any prediction market in history.
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LOUD AND CLEAR
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Star Power
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Nicole Pereira Photography/Front Office Sports
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“You can’t build one of the best leagues in the world if you don’t have stars.”
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— Gotham FC governor and co-owner Carolyn Tisch Blodgett at the Front Office Sports Asset Class event in New York City on Tuesday. Tisch Blodgett was speaking about how the NWSL’s high-impact player rule, also known as the Trinity Rodman Rule, increases teams’ ability to attract stars.
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The rule allows teams to exceed their $3.7 million salary caps by up to $1 million for star players who meet select criteria for awards, national team involvement, or marketability. While Tisch Blodgett, who is also a co-owner of the New York Giants, emphasized the need for big stars in the NWSL, she is still in favor of league-wide salary caps, saying, “The idea that the Green Bay Packers can beat the L.A. Rams on any given Sunday is key to the NFL. It’s what keeps people watching every year. A salary cap and a competitive balance is a really big part of that.”
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STATUS REPORT
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One Up, Two Down, One Push
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Jesse Johnson-Imagn Images
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Yankees ⬆ The team clinched its 61st postseason berth—its ninth in 10 years—after beating the Twins on Monday in Minneapolis. New York won 8–3, which was boosted by a three-run home run in the eighth inning by Aaron Judge, his first homer since May 24. Judge missed more than three months of the season after sustaining a fractured rib in June. His return last week immediately drove resale ticket prices higher. The Yankees finished within three and a half games of AL East leader Tampa Bay.
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Sports betting ⬇ The NFL, MLB, MLS, NBA, and NHL, along with the unions representing their players, issued a letter urging state gaming regulators to strengthen enforcement against sports bettors who threaten players. “Threatening the safety of an athlete or their family members over a sports bet crosses a bright ethical and criminal line, and it is entirely unacceptable,” the letter reads. The group called on “all state gaming commissions and state policymakers to promptly adopt uniform rules and legislative guardrails to help address this behavior,” including a mandatory lifetime ban, streamlined reporting channels, and accountability for sportsbook operators.
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Ohio State ⬇ After Saturday’s stunning 24–23 loss to Texas, Buckeyes football coach Ryan Day said the team is going “to make some hard decisions.” Ohio State blew a 20-point lead in the fourth quarter, which Day acknowledged as “extremely frustrating,” adding, “we have to win the fourth quarter.” Despite the loss, OSU’s odds to win both the Big Ten and the national championship have improved since Saturday.
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National Lacrosse League ⬆⬇ Going into its 40th season, the NLL announced last week it’d be folding its teams in Philadelphia and Ottawa. That knocks North America’s main indoor box lacrosse league down to 12 franchises after it couldn’t find “viable paths forward” for both the Wings and Black Bears. Tuesday is the dispersal draft of the players from the defunct squads. But their loss is a gain for the remaining teams: The pool of players up for grabs includes star Jeff Teat, who is likely to go first to the Oshawa FireWolves.
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