All Things Sports Media Thread!!

caping for Barstool.

caping ≠ describing reality.


The former Gawker Media properties now known as Gizmodo Media Group have another new owner. Univision acquired those properties (including Gizmodo, Jalopnik, Jezebel, Deadspin, Lifehacker, and Kotaku) for $135 million in the Gawker bankruptcy auction (following the Hulk Hogan lawsuit)
https://awfulannouncing.com/2016/univision-gawker-bankruptcy-auction.html


meanwhile...

A casino company is buying Barstool Sports in a $450 million deal
Penn National Gaming is buying the online publisher — which can thank sports betting and the Supreme Court for the deal.
The deal values Barstool, which has its roots as a rowdy Boston sports blog founded in 2003, at an eye-popping $450 million




deadspin's parent company and a consortium of websites attached to them sold for a fraction of what barstool sports sold for this year...

but we gonna pretend Barstool don't hold weight?
:lol:



tenor (22).gif
 
caping ≠ describing reality.


https://awfulannouncing.com/2016/univision-gawker-bankruptcy-auction.html


meanwhile...






deadspin's parent company and a consortium of websites attached to them sold for a fraction of what barstool sports sold for this year...

but we gonna pretend Barstool don't hold weight?
:lol:



tenor (22).gif

Completely different situations, but okay. Gawker was a bankruptcy sale that was the direct result of losing a massive lawsuit. At the time of the trial (2016), Gawker.com (the individual site) was valued around $100 million, and Gizmodo Media as a whole around $250 million. Thanks to Chernin Group, Barstool was valued at $100 million in 2018. Gawker and its sister sites were on a completely different level. And, if A.J. Daulerio never publishes that Hogan sex tape, we're not even having this discussion.

Meanwhile, this new Barstool sale and valuation is literally a gamble by a gaming company that Barstool is the ticket to massive sports betting revenue. Just because it's valued at $450 million doesn't mean it's worth $450 million right now. It could down the road. Or, you know, not.
 
Hughes $85mil in career salary 14 seasons NBA career

OJ Mayo $45 mil career salary 8 NBA seasons

Thomas $98 mil career salary 13 NBA seasons

Bums don't make it to the NBA and earn tens of millions

Larry Huges... talented bum.

OJ mayo da same kinda guy.

Tim Thomas da same kinda guy.

i can go on...
 
Undisputed Skip and Shannon is debating who would win in a game of horse between Jordan and Lebron??? Actual sport games need to come back... and fast!!
 
NEW YORK (AP) — Drew Brees might have secured his plans once his playing career has ended.

The New York Post is reporting that Brees will join NBC after he retires. The 41-year old New Orleans Saints quarterback will be going into his 20th NFL season this year.

Brees is expected to begin as an analyst on Notre Dame games and in the studio for “Football Night in America” before eventually moving into the “Sunday Night Football” booth.
 
It’s sad what’s happened to S.I. man...

Different times now, but they were always ahead of the game w a brand name. New ownership wants it to be a clickbait site.

Wahl will probably end up at Athletic i gotta think
 
Wonder if anyone would actually volunteer. Would be a fool. disney gets billions from marvel and star wars.
 
with no sports, would not be surprised if they start letting go of on air talent
read that disney was going to lose about 500M in advertising revenue from the nba if the season was done
 
We're now seeing how much ad revenue actually affects sports media salaries. ESPN can cut a ton of jobs and just blame it on cord cutting, but when the entire sports industry freezes, now you see the what it's really costing everyone.
 
It should also be noted that Simmons sold The Ringer at the absolute perfect time. Unbelievable that it lined up as it did.
 
We're now seeing how much ad revenue actually affects sports media salaries. ESPN can cut a ton of jobs and just blame it on cord cutting, but when the entire sports industry freezes, now you see the what it's really costing everyone.

cbs and turner lost about estimated $1B in ad revenue from ncaa tourney being canceled
throw in the fact that these networks pay ncaa for the rights to televise
 
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