🏟️ ESPN Scores RedZone Rights

Welcome to this week’s edition of Sports Industry Weekly.
We’re breaking down the biggest headlines, boldest moves, and emerging trends shaping the business of sports. From major deals to industry shifts, here’s what you need to know. Let’s dive in.

📺 ESPN has acquired the NFL’s RedZone name, with plans to adapt the format for other leagues and sports while exploring format changes and fantasy football impacts.

📈 The Pro Athlete Community (PAC) is now open to verified athletes across all pro leagues, broadening its membership base.

🤝 ESPN and WWE signed a $1.6 billion streaming deal, moving WrestleMania and other premium live events to ESPN’s new platform in 2026.

🎥 Dick’s Sporting Goods is launching a production studio called “Cookie Jar & A Dream Studios”, debuting with a documentary on the 2024 Little League World Series next week.

🗣️ The NCAA approved a major governance change, giving the Power Four conferences control of 65% of the NCAA’s main oversight and governance committees.

🏈 The Chicago Bears are now valued at $8.8 billion, following the sale of a stake held by the McKenna family.

🏐 Pro volleyball leagues PVF and MLV have merged under the Major League Volleyball brand, marking a significant consolidation in the sport.

🎾 The 2025 US Open will see a 20% increase in total player compensation, with record $5 million payouts for both the men’s and women’s singles champions.

💰 DraftKings posted a 37% year-over-year revenue increase in Q2, driven by strong growth in sportsbook and iGaming.

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🍀 The $6.1 billion sale of the Boston Celtics to William Chisholm’s group is expected to close late next week or the week after.

🏎️ F1 CEO Stefano Domenicali confirmed F1 TV will remain in the U.S., with a new medium-term media rights deal expected within weeks.

🏟️ The Denver Broncos marked the “topping out” of their new training facility with a sustainability-focused ceremony.

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