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“It’s better to be last to be good than first to be bad.”
-David Herrmann, social media expert
While non-fungible tokens (“NFTs”) in the form of collectible digital artwork are a hot commodity, my advice is not to rush to ink the first deal put in front of your athlete client. Here’s why in what is admittedly not a legal treatise but rather a dealmaker’s tip sheet.
While I applaud Major League Baseball’s willingness to stand against the racist segregationists in Georgia’s state legislature, ultimately the decision to pull the 2021 MLB All-Star Game from Georgia is a missed opportunity if MLB does not do more than simply take its ball and go away.
Now that all of the NFL broadcast deals have been reported finalized, other than further filling the coffers of the NFL, what are the takeaways?
Since New Jersey’s landmark Supreme Court victory in 2018, states across the country have passed legislation to legalize sports betting. Recently, this wave of legislation has made its way to Buckeye country. Ohio now stands poised to be the next state to allow fans to not only risk their sanity while watching their favorite team but their money too.
As we see more and more stories about the incumbent networks renewing NFL deals, I think we might ask some questions about what is or could be new in those deals. Admittedly, for the first time since 1998, I am not in the room on negotiating one of those deals, but as I have read a variety of reports there is one word that has truly piqued my interest: Peacock.
“Lately it occurs to me
What a long strange trip it's been”