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Franchise Notes: Newcastle Suitors Have Relegation Concerns

An unwillingness to insert a "relegation payback" clause is "hampering any potential deal" for Premier League side Newcastle United. It was revealed last month that a group of "seriously wealthy" American investors can meet Mike Ashley's £300M ($385M) valuation for the club. The investors, however, "are wary that, should Rafa Benitez's men suffer relegation, the club's value would drop through the floor" (London DAILY MAIL, 11/24).

A National Rugby League integrity unit investigation into the Cronulla Sharks' salary cap scandal "uncovered an alleged fake invoice scam and a bogus finance loan used to secretly pay two players." Investigators reportedly "plan to quiz" former Sharks exec and current Manly Sea Eagles CEO Lyall Gorman this week about a A$100,000 "invoice" from a telecom for equipment and services that were "never used or even delivered" (Sydney DAILY TELEGRAPH, 11/24).

Barcelona must pay €100M ($113.4M) "on top of a transfer fee" if it tries to sign a Liverpool player before '20. The deal was reportedly struck as part of Philippe Coutinho's £142M move to Barcelona in January. The "extra charge" was reportedly brokered by Liverpool Sporting Dir Michael Edwards (BBC, 11/21).

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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