Connect with us
BSM Summit
blank

Sports TV News

Bob Iger Reportedly Wants To Buy Phoenix Suns

“Forbes currently values the Suns at $1.8 billion.”

Jordan Bondurant

Published

on

blank
ABC/Disney

Should the NBA’s Phoenix Suns come up for sale, it appears there’s at least one person potentially interested in buying them. That is former Disney CEO Bob Iger.

The team’s current majority owner, Robert Sarver, is being investigated by the league based on a detailed ESPN report that alleges Sarver created a toxic working environment within the franchise. The report cites incidents where Sarver exhibited racist or misogynistic behavior.

The league investigation is being spearheaded by NBA commissioner Adam Silver. Like former Los Angeles Clippers owner Donald Sterling, who was eventually banned for life from the league after video showing him using racist language surfaced, Sarver could be forced to sell his ownership stake.

Forbes currently values the Suns at $1.8 billion.

Media reports say what makes Iger an appealing candidate is his connection to the commissioner and the commissioner’s office while with Disney, which owns ESPN and ABC. Both television brands are NBA broadcast rights holders.

The franchise’s current co-owners can turn down any potential buyer, and the league does have a formal sale process. So, it’s likely the team would sell for north of $2 billion if it hit the open market. That would likely require Iger to bring in ownership partners to make the sale happen.

Sports TV News

FOX Will Use Chris Fallica On Belmont Stakes Coverage

“While the Preakness and the Kentucky Derby remain at NBC, The Belmont Stakes is moving to FOX as part of the network’s deal with the New York Racing Association.”

blank

Published

on

blank

The Bear will be more than just a college football presence when he moves to FOX. Chris Fallica wrapped his final duties for ESPN last week and is now headed to a new network and will tackle some new responsibilities.

Fallica’s new role at FOX will involve plenty of sports gambling content. Richard Deitsch of The Athletic reports that content will include horse racing.

“One Fox Sports source said look for him to appear on the Belmont Stakes coverage,” Deitsch wrote in his weekly media column.

Starting in 2023, horse racing’s Triple Crown will not be seen all in one place. While the Preakness and the Kentucky Derby remain at NBC, The Belmont Stakes is moving to FOX as part of the network’s deal with the New York Racing Association.

How the network intends to use Chris Fallica on the broadcast is not clear. Given that he is coming to the network to contribute to gambling conversations, it is likely he would either be making picks or at least reviewing odds right up to the start of the race.

Continue Reading

Sports TV News

NBCUniversal CEO Expects Disney To Buy Company’s Hulu Stake

“Shell noted that live sports coverage is helping make the stake in Hulu a luxury for NBCUniversal.”

blank

Published

on

blank

The Walt Disney Company owns 67% of Hulu. The other 33% is owned by NBCUniversal. The latter company doesn’t expect that to be the case forever.

“It’s worth a lot of money,” NBCUniversal CEO Jeff Shell said at an investor conference earlier this week, “and I think there’s no indication that anything else is going to happen than Disney writing us a big check.”

Hulu is primarily a platform for movies and television shows. It is a major part of Disney’s deal with the NHL though. The streaming giant is part of the package of 103 games that are exclusive to ESPN and ABC. Hulu is also a live TV provider for many. The company’s Hulu Plus Live TV package had over 4 million subscribers as of the summer of 2022.

Shell noted that live sports coverage is helping make the stake in Hulu a luxury for NBCUniversal. He credits sports and content migrated from Hulu as the reason Peacock has grown to 18 million paid subscriptions since September.

Deadline reports that if Disney does want to acquire NBCUniversal’s stake in Hulu, “the price could fluctuate but will be in the tens of billions of dollars.”

Continue Reading

Sports TV News

Greg Olsen Believes He and Kevin Burkhardt Can Handle Games ‘On Any Stage’

“Obviously, the bosses get paid a lot to make hard decisions. You have to obviously do what your bosses decide. We’ll cross that bridge when we get there.”

blank

Published

on

Greg Olsen

Kevin Burkhardt and Greg Olsen are on tap to call Super Bowl LVII in February, and Olsen told Front Office Sports he has the confidence to announce the game with no hesitations.

“If you’re asking me, I think Kevin and I have shown that we can handle a game on any stage – on any day. We just did it on Thanksgiving. We’ll do it again around Christmas. And obviously throughout the [NFL] Playoffs,” said Olsen. “So whatever decision they make. Obviously, the bosses get paid a lot to make hard decisions. You have to obviously do what your bosses decide. We’ll cross that bridge when we get there.

“But as of now, I anticipate Kevin and I, the two of us, with Erin and Tom down on the sidelines, the four of us, broadcasting the Super Bowl in February in Arizona. Until I’m told otherwise, that’s how we’re proceeding.”

Olsen also told FOS he has negotiated a new contract with FOX Sports, but declined to share details. He is slated to be replaced on the top broadcast crew once Tom Brady ends his playing career. Brady will then begin a 10-year, $375 million contract to serve as the network’s top NFL game analyst and brand ambassador.

Continue Reading
Advertisement

blank

Advertisement blank

Barrett Media Writers

Copyright © 2022 Barrett Media.