Sports & Entertainment Spotlight: NFL Wide Receiver Odell Beckham, Jr. files a $20M lawsuit against Nike
Welcome back to the Spotlight! I am fresh off my trip (not to be confused with a “vacation”) to Walt Disney World, and discounting–just about the only time the word “discount” has been used in recent memory—being pummeled by Hurricane Nicole, several children’s ear infections and coming down with the Flu, there were still good memories and a lot of fun to be had by all. Mickey-shaped pretzels and Dole Whips helped ease the malaise as well. But I’m back to do away with your malaise (or sense of relief, depending on your point of view) and fill the sports and entertainment law void left in my absence. As previewed two weeks ago, I have new section on emerging sports, replacing the NFTs section—at least for a while until the crypto market rebounds #goodvibesonly. But just make sure to fill your plate with enough food (for thought) as I’ll be gathering with my core readership (my family) for Thanksgiving. Between now and then, there will undoubtedly be a veritable cornucopia of stories that I’ll be putting on my LinkedIn page. Consider it a flashlight rather than a Spotlight.
- NFL Wide Receiver Odell Beckham, Jr. files a $20M lawsuit against Nike, alleging he was cheated out of an opportunity to sign an endorsement deal with Adidas. When Beckham consulted his attorney about filing the lawsuit, he undoubtedly said “just do it.”
- Elon Musk announces that he intends for Twitter to share revenue (perhaps with content creators on the social media platform. An open question is whether that includes a share for recording artists, songwriters. Another open question after the last few weeks is whether there will be any revenue to share.
- Pickleball remains on the upswing with Stephen Colbert manning the umpire chair for a celebrity competition that is sure to be a vlasic.
- Lastly a feel good story of mending fences with Mike Tyson and Evander Holyfield joining forces to market Holy Ear cannabis gummies in an homage to the infamous moment when Tyson bit off a piece of Holyfield’s ear in a 90s heavyweight boxing match.
Endorsement Sponsorship and Investments
The FTX Bankruptcy Flameout Won’t Burn Larry David or Influencer Marketing
November 16, 2022 via AdWeek – Headlines
Bay Area Sports Teams flee FTX After its Spectacular Collapse
November 15, 2022 via SFGate
China celeb ban: No celebrity endorsement allowed for health supplements – SAMR
November 14, 2022 via Asia Pacific Food Technology News
Binance Pulls out of FTX Bailout Leaving Sponsorship deals in Jeopardy
November 10, 2022 via Sport Business
Sport
Sportradar Shares Swell on U.S. Business Strength, Quarterly Earnings Beat
November 16, 2022 via Sportico – Business
CONCACAF Signs OneFootball for Soccer Media Partnership
November 16, 2022 via Sportico – Business
Impact Investment Structure Draws New Capital Into Sports
November 16, 2022 via Sportico – Business
FIFA World Cup 2022 Set To Shatter Viewership Records
November 16, 2022 via MENAFN
Nicole Zerunyan Authors Article on Pregnancy Discrimination for Mississippi Sports Law Review
November 14, 2022 via Lewis Brisbois
Inside FTX’s Now-Shaky $135 Million Deal for Miami’s NBA Arena
November 11, 2022 via Sportico – Business
Genius Sports Beats Expectations in Q3 as U.S. Sales Triple
November 10, 2022 via Sportico – Business
Music Biz
Copyright Infringement and Royalties for Radio play in Commercial Sites
November 16, 2022 via Business Mirror
November 16, 2022 via East Bay Express
November 16, 2022 via MENAFN
Music Industry Moves: Nilsson’s Publishing Catalog Acquired by BMG
November 15, 2022 via Greenwich Time
Film & TV
MLS, Apple Unveil Pricing for Comprehensive Streaming Service
November 16, 2022 via Sportico (subscription may be required)
Cinedigm – Mediocre Quarter, Terrific Outlook
November 16, 2022 via Seeking Alpha
November 16, 2022 via Analyst Blog
UFC-Disney Rights Renewal Talks Nearing Opening Bell, Shapiro Says
November 15, 2022 via Sportico (subscription may be required)
Emerging Sports
NYCFC Strike Deal for Soccer-Specific Stadium in Queens
November 16, 2022 via Mlssoccer
ExxonMobil Partners With Racing Promotions To Blaze The Trail For The Indian Racing League
November 15, 2022 via Businessworld India
Pickleball’s uphill climb to mainstream success
November 14, 2022 via Salon News
Stephen Colbert’s New Celebrity Pickleball Game Plays on TV’s Sports Frenzy
November 9, 2022 via Variety
NBA 2K League Bans 6 Players, Coach For Violating Gambling Policies
October 27, 2022 via Bleacher Report
