Navigating Sports Business

Navigating Sports Media: Eric Ratchman – CRO of FanDuel Sports Network – on the challenges of emerging from bankruptcy with a sustainable plan for the future, and how they were ultimately able to find success. He highlights the three-step process that his team employed, and the many stakeholders and creditors that had to be aligned in order to make it all work. Listen to the full episode here: https://nvgt.com/podcast?ppplayer=1e977ebc536a4f7840f232ca6e253547&ppepisode=63cc119c45b777bfe7a2c3d8eff870e5 For more insights, visit our LinkedIn page or learn more about Navigate at https://nvgt.com/.

Donn Davis - Chairman and Founder of the Professional Fighters League - has a long history of successful investments both inside and outside of the sports industry. He talks about the opportunity he saw in the MMA space, and why PFL has become such a valuable property as it looks to gain marketshare from UFC. He also shares lessons from some of the most (and least) successful deals of his career. Timestamps: 1:00 - The idea for PFL 5:20 - Donn's endgame with the PFL 6:45 - Bellator deal - what went right and what went wrong? 11:35 - Why Donn avoids esports investments 15:20 - Predictions for the future of media 21:05 - Is AI overvalued? 25:05 - UFC Media Deal 28:45 - Rapid Fire Questions For more insights, visit our LinkedIn page or learn more about Navigate at https://nvgt.com/.

Drew Weatherford – Founding Partner of Weatherford Capital – has a novel idea for how private equity can get involved in college sports. Beyond varsity sports, athletic departments can also drive value by investing in club sports as an extension of the lucrative youth sports model that already exists across the country. Would parents be willing to pay thousands of dollars for their students to utilize high-level coaching and facilities? Drew thinks the answers is yes. He also advocates for a change in the rule that bars universities from hosting multiple teams in the same sport across division I, II, and III. Listen to the full episode here: https://nvgt.com/podcast?ppplayer=1e977ebc536a4f7840f232ca6e253547&ppepisode=db8a3e0ab8b4fca316c1c8b46a8888ff For more insights, visit our LinkedIn page or learn more about Navigate at https://nvgt.com/.

Navigating Sports Media: Eric Ratchman - CRO of FanDuel Sports Network - discussed the new era of the RSN model and how they're finding sustainable success after bankruptcy. He argues that no other media company offers the same combination of local penetration and national scale, appealing to advertisers wishing for year-round content in a given market or those looking to make a deal across markets in one or more sports. Timestamps: 1:40 - Eric's day-to-day 6:50 - Getting out of bankruptcy and the next 5-10 years 10:40 - DTC 13:00 - Sports betting and their relationship with FanDuel 15:10 - Integrating data with team partners 19:25 - Local reach and nationwide scale 25:45 - Media consolidation 33:45 - Rapid Fire Questions For more insights, visit our LinkedIn page or learn more about Navigate at https://nvgt.com/.

Less than 2 weeks ago, AJ Maestas and Charles Rolston broke down the news of a looming $2B deal for the Big Ten to take a massive infusion of cash from private capital. A lot has happened since then, with the news that the conference will be closing a deal with an investment fund of the University of California pension system and establishing Big Ten Enterprises with the goal of optimizing conference-wide revenue. What does this mean for schools, athletes, and fans? What are the low-hanging fruit assets that this new venture will look to monetize? Hear AJ's thoughts, or go back and listen to the full episode: https://nvgt.com/podcast?ppplayer=1e977ebc536a4f7840f232ca6e253547&ppepisode=53bbf14fbeabdd0f3890e0eb8b8c083f For more insights, visit our LinkedIn page or learn more about Navigate at https://nvgt.com/.

Drew Weatherford - Founding Partner of Weatherford Capital - discusses the role of private equity in college sports, including a less-discussed opportunity to invest in club sports. The episode was recorded prior to the news of the Big Ten exploring a $2B private equity deal. You can hear AJ Maestas and Charles Rolston break that down in a bonus episode, here: https://nvgt.com/podcast?ppplayer=1e977ebc536a4f7840f232ca6e253547&ppepisode=53bbf14fbeabdd0f3890e0eb8b8c083f Timestamps: 2:00 - Drew's FSU Background 19:25 - Pro sports people running athletic departments 25:00 - Private equity in college sports 31:05 - IMG Academy/Investing in Club Sports 37:00 - What is an athletic department worth? For more insights, visit our LinkedIn page or learn more about Navigate at https://nvgt.com/.

The Big Ten is exploring $2B in private funding. In this episode, AJ Maestas, Founder of Navigate, sits down with Charles Rolston, Navigate's collegiate consulting expert, to break down what this means for the conference, the schools, and the entire college sports space. Will the deal actually close? How do Ohio State and Michigan factor in? Do 20-year plans make sense in collegiate athletics? What does ROI look like for this kind of deal? AJ and Charles draw on their experience advising clients through private equity negotiations, realignment, and other transformational moments across college and pro sports. For more insights, visit our LinkedIn page or learn more about Navigate at https://nvgt.com/.

Haley Rosen – Founder & CEO of Just Women's Sports – explains the relationship between athletes and the media. She is able to draw on her experience as an athlete and the friction she felt before ultimately launching a media platform of her own. She sees the role of Just Women's Sports as building the fan base and ecosystem that will let women's sports continue to grow and thrive. Listen to the full episode here: https://nvgt.com/podcast?ppplayer=1e977ebc536a4f7840f232ca6e253547&ppepisode=008cfa2935a6703a02583dc6d3437d13 For more insights, visit our LinkedIn page or learn more about Navigate at https://nvgt.com/.

Haley Rosen - Founder & CEO of Just Women's Sports - is no stranger to discussing trends in sports business, which is why she's such a great fit for our show. She offers an interesting perspective on the WNBA labor situation, the coverage of women's sports on traditional media platforms, and why she believes that women's sports will one day surpass men's sports in total popularity. Timestamps: 2:00 - Origins of Just Women's Sports 8:00 - Making content appeal to multiple generations 10:15 - Haley's background as an athlete 25:00 - What's next for women's sports? 32:00 - Rapid Fire Questions For more insights, visit our LinkedIn page or learn more about Navigate at https://nvgt.com/.

Pat Dimon – Head of Front Office Sports Studios and Owner of A Frame Productions – shares the secret to a good sports docuseries. Many of our clients on the property side have raised questions about how to optimize non-live content in a crowded ecosystem where everyone is trying to make the next Drive to Survive. Pat is the creator of Full Swing, and shares his tips to getting it right. Listen to the full episode here: https://nvgt.com/podcast?ppplayer=1e977ebc536a4f7840f232ca6e253547&ppepisode=1d7a16f12c31e434724e556fabd0b59c For more insights, visit our LinkedIn page or learn more about Navigate at https://nvgt.com/.