Photo credit: Fox Sports Many people are sick of hearing about the Kansas City Chiefs. I know I am. One thing that might make everyone (particularly in Buffalo) feel a little bit better is that even the most recent NFL dynasty is not immune to the politics of where a new stadium will be built... Continue Reading →
Just how much leverage a professional sports team has over a municipality in stadium negotiations is still an open question. Must a team succeed consistently on the field to hold negotiating leverage?[1] How much economic impact must a new stadium deliver for a municipality to contribute significant investment? Is economic impact even a real metric to... Continue Reading →
Photo credit: Sinclair. https://www.nexttv.com/news/sinclair-ballys-rebrand-regional-sports-networks Regional Sports Networks, or RSNs, were once a financial machine that generated millions of dollars in revenue for individual sports teams and owners.[1] These RSNs allow sports teams to broadcast their games in their given market on cable TV and are usually part of the higher-priced premium packages.[2] Networks Like... Continue Reading →
We just might be in the era of the professional sports stadium. Several NFL teams have recently either conducted comprehensive renovations on existing stadiums or constructed brand-new, state-of-the-art stadiums. Allegiant Stadium in Las Vegas and SoFi Stadium in Los Angeles both opened as the newest NFL stadiums in 2020.[1] New stadium construction comes at a cost—often... Continue Reading →
Photo Credit: WKBW https://www.wkbw.com/sports/buffalo-bills/report-deal-in-place-for-pegula-to-sell-a-minority-stake-in-the-buffalo-bills#google_vignette One of the major topics in the media over the last decade is the involvement of private equity in all aspects of life. From housing to healthcare[1], to Silicon Valley startups, and now the NFL, private equity investment is talked about as both a catalyst and an opportunity for growth, as... Continue Reading →
As a professional athlete, your life is no longer private. Everyday life becomes public, including where you live. Recently, homes of professional athletes, including Patrick Mahomes and Travis Kelce, have been broken into.[1] Like other celebrities, these pro-athletes are targeted due to their extended time away from home and their likelihood of owning valuables worth thousands... Continue Reading →
Litigation ensued as soon as the Cleveland Browns announced their intention to build a new stadium in the Cleveland suburbs, adding to the list of controversial sports stadiums.[1] Huntington Bank Field, the current stadium of the Browns, opened in 1999 with a 30-year lease due to expire at the end of the 2028 season. The... Continue Reading →
Back in June of 2023, the Jacksonville Jaguars proposed a massive stadium renovation of over $1 billion that would change more than the looks of the stadium once completed. [2] The cost of the renovations would elicit a portion of the funds from the public. A similar project was announced by the Buffalo Bills in August of... Continue Reading →
Tom Brady now has two high profile roles in football: an owner of the Las Vegas Raiders and a lead NFL broadcaster for Fox. When Brady retired from football (again), Fox lured him in as an announcer with a 10-year, $375 million contract.[1] He started his announcing role this fall at the start of the... Continue Reading →
Earlier this month, former NFL reporter Jim Trotter reached an out of court settlement with the NFL regarding his claim of employment discrimination. In September of 2023, Trotter filed a complaint in federal court alleging that his contract with the NFL was not renewed in retalaition for his critical reporting on the NFL's track record... Continue Reading →