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.
NHL players will be allowed to use Pride tape this season after all with the reversal of a ban that sparked a backlash around hockey and among LGBTQ+ advocates in sports.
The NBA’s 78th season starts Tuesday, with a ring ceremony in Denver — the traditional celebration of the reigning champions — highlighting the opening-night celebration. The Nuggets beat Miami last June to become the league’s fifth different champion in the last five years, a run of parity the likes of which the league hasn’t seen in more than 40 years.
The Las Vegas Aces became the first team in 21 years to win back-to-back WNBA championships, getting 24 points and 16 rebounds from A’ja Wilson and a defensive stop in the closing seconds to beat the New York Liberty 70-69 in Game 4 of the Finals.