People have compared trading on the stock market to playing a sport. You need to know the players, when to make your move, and how to win. So why not follow the sports industry and sports business like how you follow the stock market news? Corey Leff thinks you should. That is why he started "John Wall Street," a newsletter that covers the ins and outs of the sports industry.
Leff joins Cheddar to explain how John Wall Street's approach is different than that of typical sports new outlets. Leff says that John Wall Street covers the sports business in short form and also provides context and opinion.
The story that is doing the best this week is one regarding the business of the NFL. This NFL salary cap has risen from $120 million in 2012 to $167 million in 2017. Leff explains how this adjustment has impacted teams.
And even though viewership is down on cable channels for NFL games, advertising revenue is still up. Leff says cable viewership may be down, but fan engagement on various channels and platforms is up.
Saudi Arabia became the only country to enter a bid to host the 2034 FIFA World Cup after Australia backed out, claiming they were focusing on other major sporting events.
Global governing body of soccer FIFA banned ex-Spanish Federation president Luis Rubiales for misconduct following backlash over his kiss of a top Spanish soccer player following the women's World Cup in August.
Pieter Vanerman, CEO of Spin, joined Cheddar News to discuss the ping-pong franchise, which has nine locations around the U.S. and two in New York City, and also dived into how the business operates, showed what's on the menu and what you can expect when you visit.
Texas Rangers (90-72, second in the AL West during the regular season) vs. Arizona Diamondbacks (84-78, second in the NL West during the regular season).
The Arizona Diamondbacks advanced to the World Series for the first time in 22 years by stunning the Philadelphia Phillies in Game 7 of the NL Championship Series. Arizona next plays the Texas Rangers in the Fall Classic.