🏟 Unveiling the sports industry's Playbook

Welcome to this week’s edition of Sports Industry Weekly as we share insights from the most significant business headlines in the sports industry like:

🏟 The sports industry’s official career resource platform is launched by a former Nike Sports Marketing and NBA front office executive.

🏆 Two of the most valued high school NIL student-athletes earn Gatorade POTY honors.

🏀 The WNBA secures another record-setting deal as the league’s unprecedented growth continues.

😁 A new sporting goods and apparel brand is giving away a $500 gift card to one of you for completing this 5-minute survey!

UNVEILING THE SPORTS INDUSTRY’S PLAYBOOK!

For the very first time, SBV’s co-founders Brian and Ellen Davison have taken their 28 years of combined sports industry experience (NCAA, Nike, NWSL, Milwaukee Bucks) and put it all into this comprehensive championship-winning resource platform that includes:

🤝 Industry networking events with sports executives and leaders

🧰 Career tools, video resources, guides and templates

📈 Daily job listings and much more!

🏆 Cooper Flagg (committed to Duke Men’s Basketball) and Sadie Engelhardt (committed to NC State Track & Field) were named Gatorade’s best male and female high school players of the year during the ESPY Awards. Cooper is already the #1 valued NIL college basketball player and is signed to CAA for his representation. Sadie was the first high school athlete to sign an NIL deal with New Balance.

⚡️ The Los Angeles Chargers have opened “The Bolt,” their new $270M HQ in El Segundo, CA. The 150,000-square-foot facility features three practice fields, a 42-foot LED video board, a two-story meeting room, an outdoor pool, a players' lounge, and a golf simulator.

🏀The WNBA has reportedly agreed to a $2.2 billion new media rights deals with ESPN, Amazon Prime, and NBC. The record 11-year deal will start in the 2026 season, and the new revenue could greatly increase player salaries, which have been an issue for many years.

👟 Nike filed a lawsuit against The Shoe Surgeon, their latest claim against designers and creatives who have been infringing on the brand’s intellectual property and trademarks. The Swoosh has requested that The Shoe Surgeon end all production and sales and is seeking financial compensation for over 30 trademark infringements, totaling over $60 million.

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Just complete a 5-minute survey about sports apparel and you’ll receive:

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🥇 The 2024 Summer Olympics start in Paris next week, and Los Angeles is already preparing to host the 2028 Summer Olympics. LA28 unveiled their second series of announcements for the city’s venue plan as they aim to deliver an abundance of top-tier venues, ensuring an exceptional experience for athletes and spectators alike.

🌎 NBA commissioner Adam Silver confirmed that the league will start looking into expansion once its new media rights deal kicks in. Possible market candidates for an expansion franchise include Seattle, Las Vegas, Mexico City, Montreal, and Vancouver.

📺 LeBron James, Anthony Edwards, Jayson Tatum, Jimmy Butler and Domantas Sabonis will be starring in Netflix’s first NBA documentary series. A specific release date for the show has not been announced yet, but the series is modeled after Netflix’s “Quarterback” and “Receiver” franchises.