Sports Radio News
DraftKings Acquires VSiN
“DraftKings is about to become an even bigger player in the sports betting content space by acquiring VSiN.”
DraftKings is about to become an even bigger player in the sports betting content space. Announced this morning, the company has acquired VSiN.
The Vegas Sports Information Network, which launched in 2017 under the guidance of Brian Musburger, arrived on the sports betting scene by placing a heavy focus on delivering trusted sports betting information for gambling enthusiasts across different platforms. They struck a deal with the South Point Casino to serve as their home base (Circa has also become a key partner for where VSiN produces content) and established multiple partnerships to showcase their talent and content on radio, television, and digital platforms. Among those partnerships included Comcast Xfinity, Sling TV, fuboTV, Roku, Rogers’ Sportsnet, MSG Networks, Marquee Sports Network, iHeartradio, and SiriusXM. The company no longer broadcasts on SiriusXM and is planning to expand its footprint in the sports radio space in the near future.
The growing reach of VSiN combined with its strong Las Vegas presence made the company appealing to DraftKings, who will now look to use the company’s talent and content to reach sports gamblers thru its mobile sports betting app. Terms of the deal were not disclosed, but DraftKings is said to have more than enough cash on hand to cover the cost. The company finished 2020 with $1.8 billion in cash on its balance sheet, and announced earlier this month that they’d be raising another $1 billion through convertible notes. The company raised its Fiscal 2021 revenue expectations in February from $900 million to $1 billion, surpassing their initial projection of $750 million to $850 million.
“This is a big jump-start for our content capabilities,” said Matt Kalish, the president of DraftKings, North America. “There’s endless demand for sports betting content these days, and we’ve started to dabble in that a little bit, through our relationship providing odds to Turner, or odds overlays in UFC broadcasts. There’s more and more demand for this type of content and VSiN really gives us that capability to get to the next level.”
Kalish said VSiN will retain its name and editorial independence as part of the agreement. The Las Vegas-based company will be asked by DraftKings to create content to help the company acquire more customers and increase media partnerships. DraftKings will also make their odds available to VSiN for use during broadcasts. VSiN will still have the ability to use odds from different sportsbooks during programming despite having a new owner.
VSiN is home for a number of familiar on-air talent including Michael Lombardi and Brent Musburger. The company’s morning show ‘Follow The Money‘ hosted by Mitch Moss and Pauly Howard has also gained traction thru television partnerships. The executive team of Brian Musburger, Stephan Shelanski, and Bill Adee is expected to remain intact. Dan Mason will give up his position as Chairman but remain involved with the company in a strategic advisory role. SeventySix Capital’s Wayne Kimmel dove deeper into VSiN’s growth and the DraftKings merger with Mason. To watch the video click here.
Sports Radio News
Mike Evans: ESPN is Going To Have to Cover the Nuggets Next Week
“If they want to get anything out of their investment, they’ve got to do their best to pump this thing up.”
When the Denver Nuggets advanced to the NBA Finals, much of the ESPN coverage centered around the Los Angeles Lakers being swept. Viewers perceived there being minimal mentions of Nikola Jokić, Jamal Murray and the rest of the Nuggets organization and what the team had just accomplished.
Brian Windhorst appeared on ESPN and stated the Lakers were terrific at going down in the series and calling the sweep an impressive performance by the team.
“I have to admit – my entire life as a sports fan, covering sports – countless locker rooms [and] press conferences – I don’t think I’ve heard anything dumber than that,” said Denver Sports 104.3 The Fan host Mike Evans.
ESPN has received its fair share of criticism, magnified when NBA on TNT studio analyst Charles Barkley expressed his disdain for the lack of Denver Nuggets coverage on television. LeBron James divulging that he is weighing retirement ostensibly played a role in the plans for talking points since he is widely regarded as one of the top players to ever take the court. Game 1 of the 2023 NBA Finals takes place on Thursday, June 1, meaning ESPN has over a week until the action commences; however, the show believes that placing the Lakers at the forefront imparts an agenda focused on garnering television ratings.
“‘What’s LeBron’s legacy?’,” co-host Mark Schlereth suggested as a topic on ESPN. “How does this win affect his legacy? Will he or will he not come back?’ Dude, the Nuggets just went to the Finals for the first time in their 47-year existence.”
“‘Kyrie Irving courtside!,’” Evans mocked an ESPN host saying. “‘Are they going to team up again?’”
The show proceeded to refer to Windhorst as a fanboy, especially since he covered James for the majority of his NBA career. They had ESPN on in a studio television throughout the show and saw no coverage pertaining to the Denver Nuggets, instead saying that the shows were centered around James, head coach Darvin Ham and the Lakers’ future. Nonetheless, Evans assumes things will change as the NBA Finals draw near.
“Starting next week, it’ll all be about the Nuggets and [Miami] Heat because ultimately no matter what you want to say about ESPN or how mad you are about ESPN, they do have the NBA Finals,” Evans articulated. “If they want to get anything out of their investment, they’ve got to do their best to pump this thing up.”
Sports Radio News
Jon Ritchie: ‘Not Realistic’ for Mike Florio to Expect Answers From Howie Roseman
“I think your ask of Howie is ridiculous for him.”
Things got contentious this week on Pro Football Talk Live. Howie Roseman would not answer Mike Florio’s direct questions about tampering. Jon Ritchie listened to the audio Wednesday morning on 94 WIP and put the blame on Florio.
Before the NFL Draft, the NFL ruled that the Arizona Cardinals were guilty of tampering with then-Eagles defensive coordinator Jonathan Gannon the week that the Eagles were in Arizona for Super Bowl LVII. Gannon was named head coach of the Cardinals the next day.
When Florio asked Roseman about it, Roseman offered what sounded like a prepared statement saying that it did not make sense for the Eagles to dwell on the past. Instead, he thanked Gannon for his work for the team and said that any tampering penalties and arguments were “made at the ownership level.”
While that answer did not satisfy Ritchie’s partner Joe DeCamara, Ritchie said that he isn’t sure what Florio or anyone else would expect Howie Roseman to say in that situation.
“I don’t think it’s realistic to expect Howie to put his heart out and give his true feelings. He doesn’t want to come out against the league,” he said.
The duo played more audio from the exchange in which Florio accused Howie Roseman of deflecting and asking if he would like to read his talking points for a third time. Roseman shot back that Florio is easily on a list of the NFL’s top 5 conspiracy theorists.
Just how contentious things actually were can be debated, but according to Jon Ritchie, one of them deserves more criticism than the other.
“I thought Florio came across as rude yesterday,” he said. “I think your ask of Howie is ridiculous for him. We’re standing up like an adult and sticking to our guns, the high-road guns, and I appreciate that. Think of what you’re asking Howie to do, like take aim at the league…That’s not realistic.”
Sports Radio News
Fred Toucher: ‘ESPN is Now Just 3 People’
“Stephen A. Smith is on in the morning. He’s on the radio. He does a podcast. He’s at all the games. He does the postgames.”
How deep is the talent rotation at ESPN? Not very according to Fred Toucher. The 98.5 The Sports Hub morning host has certainly noticed that the network is turning to a small handfull of stars to do the bulk of the work.
“ESPN is now like three people, and Stephen A. Smith is on in the morning. He’s on the radio. He does a podcast. He’s at all the games. He does the postgames,” morning host Fred Toucher said. “Imagine if we had a microphone in front of us 12 hours a day…The guy’s going to snap one time.”
That led to a new segment on Toucher & Rich titled “Stephen A. Smith is horny” with music by R&B artist Barry White playing in the background. Throughout the nearly 20-minute aside, the show played clips from Smith’s Cadence 13-produced podcast recently renamed The Stephen A. Smith Show, and spoke about how he is now giving dating advice to close out episodes of his show.
“My man can’t help getting horny on it every single episode,” Jon Wallach said. “He is trapped with a microphone in front of him 18 hours a day – he really is. He’s on TV and the radio and podcast. It doesn’t stop.”
Because of Smith’s busy schedule across ESPN programming – including First Take, NBA Countdown, NBA in Stephen A’s World and guest appearances on shows such as SportsCenter and Get Up – he seems to be over the airwaves more often than not. On top of that, he hosts new episodes of his podcast at least three times a week. He has said the network did research that found he had reached 1.7 billion people on ESPN’s YouTube page last year, and that the number is expected to hit 2.4 billion at the end of this year.
The Boston morning show surmised that since Smith hardly has moments away from his profession, he cannot help but to talk about topics such as dating advice to vary the content.
“He just loves to drop into that sexy – ‘We’re going to do dating advice because everyone’s reaching out for dating advice from Stephen A. Smith,’” Toucher said.