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Leagues and Governing Bodies

Sources: Blizzard Secures Six Agreements To Participate In Overwatch League

Blizzard Entertainment has "secured six agreements ... of intent to participate in its upcoming Overwatch League," including Patriots Owner Robert Kraft and Mets co-Owner Fred Wilpon, according to sources cited by Jacob Wolf of ESPN.com. The league has "reached agreements for teams to be located" in L.A., S.F., N.Y., Boston, Shanghai and Seoul. Sources said that the buy-in price for L.A.-based Immortals and S.F.-based NRG Esports is $20M per team, to be "paid over time." The prices for the Kraft and Wilpon groups and the non-North American spots have "not been disclosed." Of the four American cities, two will be "occupied by groups non-endemic to esports ownership." Kraft Sports Group is "guaranteed the Boston spot." Sources said that the N.Y. team will be "owned and operated by Wilpon" and his family. Immortals "will control" the L.A. spot, while NRG "will obtain" the S.F. spot. Immortals is funded by Grizzlies co-Owner Stephen Kaplan, and the esports team recently "announced an investment" from AEG. NRG was launched by NBA Kings investors Andrew Miller and Mark Mastrov. The team also has investments from Basketball HOFer Shaquille O'Neal and former MLBers Alex Rodriguez and Jimmy Rollins. Sources said that Blizzard "is seeking" a $20M buy-in from prospective owners, with "no revenue sharing" until '21 and a 25% fee (ESPN.com, 7/6).

SBJ Morning Buzzcast: May 8, 2024

Start your morning with Buzzcast with Austin Karp: The NFL sets a date for its 2024 schedule release, while also dropping hints that it could soon approve private equity investment in teams; WNBA teams finally land charter flights; the F1 Miami Grand Prix delivers a record on TV; and Elevate lands in Happy Valley.

Phoenix Mercury/NBC’s Cindy Brunson, NBA Media Deal, Network Upfronts

On this week’s pod, SBJ’s Austin Karp chats with SBJ NBA writer Tom Friend about the pending NBA media Deal. Cindy Brunson of NBC and Phoenix Mercury is our Big Get this week. The sports broadcasting pioneer talks the upcoming WNBA season. Later in the show, SBJ media writer Mollie Cahillane gets us set for the upcoming network upfronts.

SBJ I Factor: Molly Mazzolini

SBJ I Factor features an interview with Molly Mazzolini. Elevate's Senior Operating Advisor – Design + Strategic Alliances chats with SBJ’s Ross Nethery about the power of taking chances. Mazzolini is a member of the SBJ Game Changers Class of 2016. She shares stories of her career including co-founding sports design consultancy Infinite Scale career journey and how a chance encounter while working at a stationery store launched her career in the sports industry. SBJ I Factor is a monthly podcast offering interviews with sports executives who have been recipients of one of the magazine’s awards.

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