The Sportsbiz Weekly Buzz is a collection of articles curated by Sports Networker’s Online Marketing Coordinator – Steve Richards  

Sports Business

IMG Worldwide Squashes Rumors of Being Up For Sale

“I immediately contacted Jim Gallagher, Senior Vice President of Corporate Communications at IMG Worldwide.  Gallagher quickly put the rumor to bed.  ”There aren’t ANY conversations going on with Lagardère, or any other company or individual for that matter, regarding a purchase of IMG,” said Gallagher.”

Nationals’ Negotiations With MASN Will Have Huge Impact on Franchise

“Television contracts and the money generated from media rights fees have become a crucial factor in how baseball teams are run. Along with ticket sales, they are a team’s primary form of income, and in recent years the fees across sports have skyrocketed. The Lerners have never had a say on their arrangement with MASN. Until now.”

Sports Networking

Sports Business Career Conference During The NFL Combine

“Participants will gain insight into careers in sports through presentations by successful sports executives, including GM’s, front office executives, Scouts, Sports Agents, player personnel, and well known media currently working in football. This event includes networking, information on breaking into the sports industry and advice on advancing your sports business career. College credit available for attending. ”

5 Tips to Turn Your Personal Profile Into A Professional Place

“Recently, Facebook introduced a few new features that will help someone who wants to use their personal profile for personal branding purposes. If you want to use the world’s most popular social network to promote what you do professionally, here are a few tips to get you started. ”

Sports Marketing

Marketer’s Best Best For Super Bowl? New York Giants vs. New England Patriots

“Game would have drama of rematch, fans who travel and the No. 1 TV market…When it comes Super Bowl participants, the best matchup for marketers doesn’t necessarily involve X’s and O’s, but rather dollars and cents.” NOTE: This article was written Thursday. The rich get richer.

2012 Super Bowl advertisers unveil a brand new, 40-year-old game plan

“Volkswagen will be airing a 60-second spot. So will their sister brand, Audi. Hyundai’s running a :60 just before the kickoff, on the assumption that that’s when they’ll have more of viewers’ undivided attention. (Of course, the fact that they’ll be paying only $200,000 to $4 million just before the game instead of around $6+ million during it may have had something to do with it.)”

Sports Sponsorship

Sports Sponsorship Moves Into The Fast Lane

“The cash it generated from sport sponsorship will soon overtake ticket sales, however brands now need to form commercial relationships and strategic partnerships on the basis of shared objectives rather than awareness.”

Sports Sponsorship Gets Its Own Indaba

“In recognition of the high power of sports sponsorship and marketing, the first fully focused Sports Sponsorship Indaba will take place on Friday, 27 January 2012, at the Lord Charles Hotel in Somerset, Cape Town. A main topic of discussion will be Government’s plan to ban alcohol marketing that will have an adverse effect on sports sponsorships such as the J&B Met.

Sports Sales

Liverpool’s Performance Didn’t Warrant Price, Adidas CEO Says

“Liverpool, which is also a five-time European champion, has replaced Adidas with a club record, 6-year, 25 million pound ($38.3 million) contract with Warrior Sports, a subsidiary of New Balance Athletic Shoe Inc. The accord, Warrior’s first major soccer contract, begins next season and is worth almost double the current agreement with Adidas.”

Tiger Woods is Still Golf’s Biggest Draw

“‘He is a giant of the sport,’ says Giles Morgan, head of sponsorship at HSBC, as record crowds are expected at the National Course for Tiger Woods’ debut in the Abu Dhabi Golf Championship…Around 40,000 people attended last year’s tournament, and the organizers are hoping to double that tally this time. While the Woods Effect may have different characteristics to its pre-2009 vintage, it is still a force.”

Sports Social Media

Four Action Sports Channels Hit YouTube

“During the past few months, most of the anticipatory hype has been lavished upon Tony Hawk’s Ride Channel, its producers now tasked with rolling out 22 shows. Teaming up with some of ‘the best people in the skate industry,’ Hawk says the channel will cover the gamut, from trick tips and tour clips to music and art.”

StatSmack Provides Legitimate Breakthrough in Sports Social Media

“StatSheet has launched something simple, and simply ingenious, to the sports social media public. Called StatSmack, and available online, through App Store and Android Market, the service allows sports fans to select their favorite team and an opponent from drop-down boxes, and access statistics that will make their tweets more relevant, edgier, and cutting.”

Sports Media

Lesley Visser Embraces Role As Sports Media Trailblazer

“Visser was the first woman on an NFL beat, the first woman to cover the NFL from the sidelines, the first to cover a World Series, the first woman to cover a Final Four as well as the first woman inducted into the Pro Football Hall of Fame.”

WSCR Changed The Landscape of Sports – For Better and Worse

“When WSCR first flipped the switch, five years after WFAN launched in New York in 1987, nobody could have anticipated how sports talk radio would transform coverage of the local teams and beyond. Sports talk radio stations, now numbering more than 500 in the country, gave sports fans a voice they never had before, often giving players, coaches and team executives a headache they never had before.”

Sports Technology

A Fantasy App Store? CBS Sports To Launch “First Open Platform” For Fantasy Sports

“Depending on your familiarity, it might come as a surprise that fantasy sports is a huge business. In fact, according to the Fantasy Sports Trade Association via Ad Week, its total market impact is upwards of $2 billion, with direct revenues spent on fantasy sports products and services at over $800 million…Yes, fantasy sports are much beloved not only by regular ole sports fans, but by data and numbers geeks, who eagerly ply sports with every known statistical algorithm or formula to get the best teams.”

Nike FuelBand Motivates People to Make It Count

“Nike has introduced its FuelBand, a wristband that measures a user’s daily physical activity by acting as a calorie-counter, clock or a pedometer. It’s designed for anyone who wants to be more active and measures movement to motivate people.”

Sports Jobs

UT Students to Gain Work Experience At Super Bowl XLVI

“A group of University of Tennessee, Knoxville, students and one faculty member will help prepare special events and conduct other behind-the-scenes work at this year’s NFL Super Bowl XLVI in Indianapolis, Indiana.”

McGarry: An Intern Is Born

“Not that it’s some stunning upset that life has more twists than a ballpark pretzel. But raise your hand if you’ve ever heard this one: One week you are home eating Thanksgiving dinner with the family. The next you are tossing footballs with Carson Palmer as part of your job. Meet John McGarry.”

Sports Events

Olympics to create ‘record’ wireless spectrum demand

“The London Olympic and Paralympic Games are likely to require up to 20,000 separate wireless frequency assignments, according to the communications regulator Ofcom.”

The Zone Defense Has Found Its Place In The NBA

“During the Western Conference finals two seasons ago, then-Los Angeles Lakers coach Phil Jackson derided, in his unique way, the Phoenix Suns’ use of the zone defense. Suns coach Alvin Gentry played along. ‘If we have to play our girlie zone, as somebody said, we’ll play our girlie zone,” he said. “We’re going to do whatever we have to do to win.’”

Is there anything we missed this week in the world of sports business? Let us know your thoughts about the Sportsbiz Weekly Buzz in the comments below and please feel free to share this article with your friends on Facebook and Twitter!

About Lewis Howes

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Our friend and valued SEA member Ryan Parr recently did some research on a big issue in fantasy sports. As CEO of Fantazzle Fantasy Sports, he regularly hears about how Fantasy Football ‘is a waste of time’ or ‘promotes decreased productivity’. Obviously, as a company passionate about the world of fantasy sports, Fantazzle decided to set out and see if there was any truth behind the claim that fantasy sports is a workplace distraction with a white paper. In there, they several aspects of the workplace including:

• Defining Workplace Productivity
• Distractions vs Breaks
• Learning While At Rest

It is a fascinating read on one of the fastest growing areas in the sports industry. It was originally posted on their blog, but for your convenience, we’ve uploaded it to Scribd below the fold.

Fantazzle Fantasy Sports: Fantasy Football is not a Workplace Distraction

Do you play fantasy sports at the office? Does it distract you from your productivity or give you the mental boost it needs to keep yourself grounded? Let us know what you think in the comments below!

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About Sam Chan

Sam is the community manager of Sports Networker and the Sports Executive Association. He is passionate in all things sports, mobile, and social media. His dream is for the Vancouver Canucks to win a Stanley Cup in his lifetime, although so far, its looking kind of bleak. In the past, he worked with BlackBerry and helped relaunch their Business-to-Business network. With his experience there, he can probably help you change your ringtone, maybe. When he finds time (never), he also writes infrequently at his personal blog. If you would like to talk sports, write a guest post for us, or argue about why iPhone > BlackBerry, you can find him on Twitter, Facebook or email.

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This is a guest post by Chris Conway

While sitting in a New York bar watching the New Orleans Saints successfully open the football season last week, it struck me that there is one thing that unites sports fans all over the world. Whether it is the NFL here in the US, rugby league in Australia or the English Premier League (EPL) soccer, today’s sports fans want to be engaged and actively interact with their favorite sports. They satisfy that desire by playing fantasy sports or by getting involved in forecasting weekly results. In Australia we call that tipping. Technology, fast-speed internet access and our increasing use of social media is making this engagement even easier and more fun for the fan.

The connection we have with our favorite sports now runs far deeper than merely supporting your local team or purchasing a few pieces of replica merchandising as was once the case. Trash talking your colleague over your fantasy quarterback selection is a big part of office culture on a Monday morning (or almost any day for that matter). Similarly, earning bragging rights over your mates with your superior tipping skills is a big deal Down Under.

This is all good news on a commercial front. The sport rights holder extends it product, sports marketers have something else to promote and broadcasters and, more importantly, sponsors have a wider reach.

The numbers involved are staggering. Fantasy sports are recognized as a multi-million dollar business. In 2010, the Fantasy Sports Trade Association “represents more than 110 member companies in a mature industry with a market size…at 27 million adult Americans”. It is estimated that about 85% of participants play on-line. That, of course, makes large consumer-oriented companies sit up and take notice. The industry is worth approximately $1 billion a year and that may well double in the future according to analysts.

Our interest and interaction is still growing despite the poor economy and this is taking place the world over. European fantasy football (soccer) is growing and the official EPL fantasy game has over 2 million players. Tipping is big business in Australia too as tipsters predict scores in most sports including Australian Football (AFL), rugby league, rugby union and soccer.

As I sat watching the Saints’ quarterback, Drew Brees, thread another successful pass I, like many others, had more than a passing interest in who scored the touchdown as opposed to the final score.

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A former finance professional, Chris is an MBA graduate whose studies focused on sports marketing and sports economics. A passionate follower of the latest trends in sports marketing and social media, he is also a contributing author for the UK Sports Network website. He intends to land a marketing role and assist sports organizations with his expertise when he returns to Sydney in December 2010. Chris is a lover of all sports, a part-time road runner and a grass-roots rugby union coach. You can follow his regular tweets on @chrisconway74.

About Lewis Howes

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Fantasy sports is a huge business right now, wouldn’t you agree?  Although I am not a fantasy sports player, I know how important it is, and how it has changed not only the way fans interact with their favorite team, but how they now interact with all of the teams in various leagues.

Kelly Perdew is the CEO of Rotohog.com and is part of the fantasy sports revolution that is taking over the way fans view sports.  Don’t take it from me, watch what Kelly has to say about where fantasy sports is headed in the future, and how RotoHog is leading the way.

About Lewis Howes

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