08/11/21: DraftKings announced a pair of major deals for the company

 

Medias First Morning Read

 

Wednesday August 11, 2021

DraftKings announced a double deal over the past two days. Most recently, the company unveiled DraftKings Marketplace, an NFT ecosystem designed by the company for “mainstream accessibility” with its first Preseason Access Collection dropping later this week. The exclusive debut content will be provided by Autograph, and includes Preseason Access Passes from athletes such as Tom Brady, Wayne Gretzky, Tony Hawk, Naomi Osaka, Derek Jeter, Tiger Woods and more. Each featured athlete will begin by dropping a limited number of NFT collectibles categorized as the Premier drops and Signature drops within the Preseason Access Collection.

Meanwhile, DraftKings and Golden Nugget Online Gaming entered into a definitive agreement for DraftKings to acquire Golden Nugget Online Gaming in an all-stock transaction that has an implied equity value of approximately $1.56 billion. The acquisition will enable DraftKings to leverage Golden Nugget’s brand, iGaming product experience and existing combined database of more than 5 million customers. “Our acquisition of Golden Nugget Online Gaming, a brand synonymous with iGaming and entertainment, will enhance our ability to instantly reach a broader consumer base, including Golden Nugget’s loyal ‘iGaming-first’ customers,” said Jason Robins, DraftKings’ CEO and Chairman of the Board. “This deal creates meaningful synergies such as increased combined company revenues driven by additional cross-sell opportunities, loyalty integrations and tech-driven product expansion as well as technology optimization and greater marketing efficiencies. We look forward to Tilman being an active member of our Board and one of our largest shareholders.”

PROGRAMMING

Canada’s CBC television, streaming and digital platforms report that that Olympic Games Tokyo 2020 saw CBC score record high digital audiences and also ranking as the most-watched TV network in Canada throughout the Games. CBC’s digital and streaming platforms saw Canadians streaming more than 37 million video views since the beginning of Tokyo 2020, up 62% over PyeongChang 2018, which had a similar time difference of 11 to 16 hours for viewers in time zones across Canada. Additionally, live views made up 61% of all video views, highlighting the increasing popularity of live streaming on CBC digital platforms, and Connected TVs accounted for about 68 percent of the total time spent streaming. In total, Canadians consumed nearly 17 million hours of digital Olympic content on CBC digital platforms. On television, 28 million viewers or 3 in 4 Canadians tuned in for Tokyo 2020 coverage on CBC/Radio-Canada.

CUMULUS MEDIA’s Westwood One and the NCAA entered into a multi-year renewal, maintaining Westwood One’s place as the official network audio broadcast partner of the NCAA. Under the terms of the deal, Westwood One retains exclusive broadcast radio, digital audio, distribution, and licensing rights for all 90 NCAA Championships, including the NCAA Men’s and Women’s Basketball Tournaments and the Final Fours.

ESPN announced that Holly Rowe will join the ABC Saturday Night Football team this fall where she will take on the sideline reporter role for the franchise, joining play-by-play commentator Chris Fowler and analyst Kirk Herbstreit as she kicks off her 26th season covering college football for ESPN and ABC. She will begin her new duties in August as part of her existing multi-year contract. “For more than two decades, Holly has been a well-respected member of ESPN, establishing herself as one of college sports’ best ambassadors in the process,” said Lee Fitting, ESPN senior vice president of production. “Holly’s dedication to her work is indisputable, and the knowledge, passion and professionalism she brings to her craft every day shines through.”

CBS Sports serves up the UEFA Super Cup featuring reigning UEFA Champions League winner Chelsea facing last season’s UEFA Europa League titleholder Villarreal today at 3p, with the match streaming live on Paramount+ and airing on CBS Sports Network. As part of its multi-platform coverage, CBS Sports’ UEFA Super Cup pregame show will begin at 2:30p with hosts Ian Joy and Poppy Miller along with analysts Jimmy Conrad, Luis Garcia, and Christina Unkel. Match commentators Peter Drury and Matt Upson will call the UEFA Super Cup for CBS Sports.

ESPN revealed its lineup of play-by-play commentators, hosts, analysts and reporters for its upcoming English and Spanish-language coverage of LaLiga Santander. English-language play-by-play commentary for LaLiga on ESPN+ and ESPN networks will be led by popular, highly-respected broadcasters Ian Darke, Derek Rae, Adrian Healey, Rob Palmer, and Sebastian Salazar. Fernando Palomo, Jorge Ramos, Ricardo Ortiz, and Mauricio Pedroza will headline Spanish-language play-by-play coverage on ESPN+ and ESPN Deportes.

Boxeo Telemundo debuts its summer season with WBO Latino Super Lightweight Champion Yomar “The Magic” Alamo facing challenger Adrian “Chinito” Yung in a 10-round bout on Friday at midnight. Boxeo Telemundo’s summer season will feature three consecutive weeks of live match coverage coupled and feature host Karim Mendiburu, who will be joined by Jorge Calvo and Andres Bermudez as the core play-by-play and commentator team.

Journalist David Ornstein joins NBC Sports as a Premier League Insider when the 2021-22 season kicks off on Friday. Ornstein, who is already a soccer correspondent with The Athletic, will now also report on the top news stories in the Premier League, proving insight and perspective across NBC Sports’ coverage.

VSiN signed Shaun King, former NFL quarterback and member of the Tampa Bay Buccaneers’ Super Bowl XXXVII championship team, as co-host of The Night Cap. King will join co-host Tim Murray to cover sports betting markets around the country each weeknight from 10p-1a. “Shaun is an incredible talent, and we’re thrilled to add his unique perspective as a player to our sports betting content as we continue to expand VSiN’s programming and reach,” said Brian Musburger, founder and CEO of VSiN. “His experience as an NFL quarterback coupled with the skills he honed as a former ESPN and NBC Sports analyst will be an incredibly valuable addition to our evening lineup.”

Outdoor Sportsman Group and Archery Trade Association renewed their “ATA New Product Premiere” strategic media partnership, which was in response to last year’s ATA 2021 Online show but is now focused solely on ATA’s live convention, scheduled for January 7-9, 2022. The new-for-2022 version of the “ATA New Product Premiere” television special will air on Outdoor Channel and Sportsman Channel on a Saturday evening following the ATA Show in January and again in July 2022.

The National Lacrosse League announced that the induction of the NLL Hall of Fame Class of 2021 presented by GAIT Lacrosse and 2021 NLL Entry Draft will be held in Buffalo on Aug. 27 and 28. The league will present comprehensive and expansive broadcast coverage of the 2021 Entry Draft. The first two rounds will be carried live on TSN’s digital platforms in Canada. The plan to distribute the Draft in the United States will be announced shortly.

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SPONSORSHIP & PROMOTION

 

Pac-12 Networks got a rebrand heading into the new college football season. In partnership with Troika Media Group, the rebrand is designed to “inspire Pac-12 fans, unify the brand across multiple platforms and highlight the unique natural surroundings associated with the Pac-12 group of universities.” TMG’s rebranding included the following: Brand strategy, including positioning, personality and brand essence; On-air Network IDs, live event packaging, show packaging, unique school-by-school brand and player assets; Brand tool kits to unite the brand across every touchpoint; Image spots to announce the new brand both on Network and everywhere the Pac-12 plays; Imagery from all of the regions in which the Pac-12 lives – ocean, desert, forest and mountains.

The Hawai‘i Bowl signed a three-year title sponsorship agreement with EasyPost to become the EasyPost Hawai‘i Bowl. The ESPN Events’ owned and operated event is set for Christmas Eve at 8p and will pit a team from the Mountain West versus a team from the American Athletic Conference. “EasyPost is extremely proud to be the title sponsor for the EasyPost Hawai‘i Bowl,” said Jarrett Streebin, Founder and CEO of EasyPost. “The team behind our best-in-class shipping API is honored to support these best-in-class athletes on their journeys to greatness. EasyPost can’t wait to cheer on these talented athletes as they participate in this beloved football tradition.”

T-Mobile and The Drone Racing League launched their first 5G-enabled drone, marking one of the first racing drones in the world to have an embedded 5G module capable of live streaming video directly to the Internet. The drone will bring sports fans closer to the action than ever, streaming high-definition, immersive First Person View (FPV) race footage to broadcasters via T-Mobile’s 5G wireless network. This week the drone lifts off for its first public flight at the T-Mobile-sponsored MLB At Field of Dreams Presented by GEICO and will take fans on a flight across the cornfields to the movie set to see the house and original ballfield, then on to the MLB field where the Field of Dreams Game will be played.

The Professional Fighters League announced an agreement with Columbia Care to become the official CBD Partner of The PFL and the PFL Athlete Wellness and Performance Program. Under the terms of the multi-year partnership, Columbia Care will be a presenting sponsor of the PFL Challenger Series and work closely with PFL brand ambassadors to educate PFL athletes and their teams about their products’ health and wellness benefits.

PUMA announced the signing of Chelsea and USMNT star Christian Pulisic to a long-term deal. As part of the multi-year deal, PUMA will support Christian in growing soccer participation in America and inspiring the next generation of soccer players through various programs and opportunities for young athletes in the U.S., including product donations to underserved youth, camps and clinics, rehabilitating fields and more.

DIGITAL, DATA & TECH

Sportsdigita locked in a new strategic integration partnership with Blinkfire Analytics. This integration allows Sportsdigita’s clients to transition between their presentations and Blinkfire’s “Playlists” without ever leaving the Digideck platform. “Blinkfire and Sportsdigita have many synergies when it comes to customers in the sports space,” said Angelina Lawton, Founder of Sportsdigita. “The Anaheim Ducks, a long-standing partner of ours, have been using the Blinkfire + Digideck integration to transform their partner recaps. We are excited to further elevate the Digideck experience for our 400+ partners with this new integration.”

ThriveFantasy, a player prop daily fantasy sports and esports platform, signed as a partner of the Jacksonville Jaguars. “These are the types of partnerships that are the most fun to be a part of,” said Adam Weinstein, founder and CEO of ThriveFantasy. “The Jaguars are at the forefront of innovation and are giving us the ability to be very creative in the ways we help engage their fanbase.”

ESPORTS

The NBA 2K League will see the inaugural NBA 2K League All-Star Game held on Sept. 25 at 7p and carried on the NBA 2K League’s Twitch and YouTube channels. Rosters for the 2021 NBA 2K League All-Star Game will consist of seven players from each of the Eastern and Western conference, and will be determined by a vote of fans, current NBA 2K League players, head coaches and general managers, and a media panel. The 2021 NBA 2K League All-Star Game will be a 5-on-5, best-of-three series with players competing on PS5 consoles in NBA 2K22’s Pro-Am mode. The NBA 2K League will award a $25,000 prize pool with the winning and losing team receiving $18,000 and $7,000, respectively.

Evil Geniuses announced a partnership with business, travel and performance luxury brand, TUMI, as the official luggage partner of Evil Geniuses that will see EG athletes equipped with signature TUMI product to protect their gear before they compete. In addition, EG players and talent will be featured in photo and video collateral as part of the promotion of TUMI’s professional esports collection.

Bandai Namco began rolling out plans for the Dragon Ball FighterZ World Championship with a new circuit. Online qualifiers, called the DBFZ World Championship Tenkaichi Online Challenge, will be made up of a slate of community tournaments around the world that will will award players with performance points that will decide who makes it to the Regional Finals, which take place in the United States, Europe, and Japan. The top players from those regional events will earn a spot at the DBFZ World Championship.

The EA SPORTS Madden NFL 22 Championship Series returns with some tweaks as top players compete in four MCS marquee tournaments closely tied in to key NFL season moments. The MCS 22 features the largest prize pool in franchise history with $1.65 million on the line and the Ultimate Madden Bowl season finale, played live in Los Angeles, dishing out $1 million of the season purse. Ultimate Kickoff begins the action from Aug. 21-Sept. 8, followed by Ultimate Thanksgiving from Oct. 2-Nov. 24 and Ultimate Wild Card, ending Jan. 14. The Ultimate Madden Bowl will then run Feb. 1-13.

Following the announcement by the Global Esports Federation of the Singapore 2021 Global Esports Games, the Singapore Esports Association announced that formation of the GEG Organizing Committee consisting of the Singapore Esports Association, Razer and Thomson X and led by Her Excellency, Ms Ng Shin. The Organizing Committee will be responsible for the successful execution of the inaugural Global Esports Games, GEFcon and GEFestival in December 2021. The GEG Organising Committee will also enter a consultancy partnership with IMG, a global leader in sports, fashion, media, and events. IMG will work across a range of areas including production of 30 hours of live content, event management, marketing, media distribution and sponsorship rights.

INDUSTRY & ROSTER MOVES

David Roberts was tapped to lead ESPN’s NBA production, including event and studio, adding to his slate of content responsibilities. As part of his NBA role, Roberts will oversee production for all regular-season and NBA Playoffs games, punctuated by the NBA Finals; the NBA Draft, NBA Countdown and The Jump. He will continue to lead production for First Take, the 6p edition of SportsCenter, Get Up, PTI, Around The Horn, ESPN Audio content and ESPN digital shows, among other properties.

IMG added to its senior leadership team at Premier League Productions with two new appointments. Gus Williamson, former Head of Rugby Union at Sky Sports, joins as Director of Programming and Mike Norrish becomes Director of Digital & Creative.

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