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Sports Business Resources

Sports Biz Feed is the ultimate sports business blog resource, aggregating all the major blogs in one place.

Archive: Sports Business

UNC vs. Duke - Big Game, Big Business for College Basketball

The biggest game so far in college basketball’s regular season takes place tonight - UNC vs. Duke in Chapel Hill. The game will be the first of two matchups between two of the NCAA’s most storied basketball programs. It’s a big game just because it’s Duke-Carolina, but tonight will be even bigger because both teams are highly ranked (The AP has Duke at #2 and UNC at #3). Both teams are also vying for a top seed in the East and the ability to play close to home (Charlotte) for the East Regionals of the NCAA Tournament.

Tickets to this game are always in high demand and almost impossible to find. There aren’t even any tickets listed for sale on RazorGator.

Besides generating a huge amount of interest among college hoops fans, this game is big because it pits two of the most valuable teams (from a business perspective) against each other. According to Forbes, the Tar Heels basketball team is the most valuable in the country. Forbes estimates that the Heels are worth $26 million, with a profit of about $16.9 million. Duke’s team is ranked fifth and is valued at $22.6 million with about $11.1 million in profit.

I’m hoping my Tar Heels can pull it off tonight, but it’s going to be tough with UNC PG Ty Lawson out or limited with a high-ankle sprain. If Lawson doesn’t play, look for backup Quentin Thomas to play a major role. We might just have to say “In Q we trust” and cross our fingers…

GO HEELS!

Sports Business Carnival Number 8

Welcome to the 8th edition of the Sports Business Carnival, which is a bi-weekly series of posts from bloggers who write about the business of sports and other related topics. Here’s what’s on the menu.

Mark at SportsBiz - The Business of Sports Illuminated discusses his thoughts on Turner’s deal with the NBA to operate all of it’s digital assets.

Sports Agent Blog offers the most important factor in negotiation and an 11-step framework for negotiation preparation. I commented that you can’t forget about the human element –ripped straight out of Fisher and Ury’s Getting to Yes (affiliate link), a great book on the merits of negotiating based on principles.

While we still don’t know if there’s any truth to the allegation that Randy Moss assaulted his lady friend, John Phillips, who blogs about legal issues facing the workplace, poses the question, “Are the Patriots liable for his conduct?”

Emmett Jones at Sports Business Digest presents his thoughts on ESPN showing video games some love.

At Sports Marketing and PR Roundup, Joe Favorito offers some tips on how to land a job in the sports business industry.

Z’s Newsbits, which offers a steady diet of blurbs from sports business-related press releases, offers a link that reveals some more details on the new Women’s Professional Soccer league.

MMAPayout posts that sources say that talks between the UFC and CBS are moving forward.

That’s it for this edition. If you’d like to host the next sports business carnival in 2 weeks, let me know. It’d be great to have some of you participate.

Sports Business Carnival Number 7

After a nice break for the holidays the Sports Business Carnival is back. Check out the links below to see what’s been going on.

Emmett Jones presents “The NFL Shoots, Scores with Winter Classic” at Sports Business Digest.

At Sports Agent Blog, James Alexander Taylor presents, “Sponsorship - A Necessary Evil?

Adam Swift presents “UFC 79 Review: The Iceman Cometh Again” at Payout: The Business of MMA.

At Sports Marketing and PR Roundup, Joe Favorito presents “Playing Politics…SI Scores with Obama

Marc Isenberg presents “Money Players Top 10 Biggest Sports Losers in 2007.”

Mark presents “College Basketball’s Most Valuable School - It’s a Tobacco Thing” at SportsBiz - The Business of Sports Illuminated. My Tarheels are #1 (worth $26 million last year) according to Forbes list.

CNBC’s Darren Rovell says, “Let Tebow and Other Collegians Profit from Jersey Sales.”

Pat Coyle presents “Sports Marketing 2.0 - A Digital Ecosystem.” Pat also recently started the Sports Marketing 2.0 community, a digital think-tank and for sports marketers in the Web 2.0 world.” Check it out, and if you do, make sure to add me as your friend.

Lastly, I took a look at Super Bowl ticket prices on some secondary ticketing websites. Individual tickets range from $2,680 to over $16,000 ($31k for a spot in a sideline suite). Ridonculous!That’s all for this edition.

If you’d like to submit an article for our next edition (January 21) shoot me an email at jolpid (at) gmail dot com.

If you enjoyed this post, you may want to subscribe to my RSS feed or get email updates so you don’t miss anything.

Super Bowl Ticket Prices on the Secondary Ticketing Market

I think it’s interesting to see the price of Super Bowl tickets on various secondary ticketing websites. In 2001, according to economist Alan Krueger, tickets on Yahoo! Auctions ranged from $1,500 to $3,500 (the week before the big game). Though the Super Bowl is still a few weeks away, let’s see what the tickets and packages are currently going for on the secondary ticketing market:

StubHub

Packages for 4 people start at $5,125 each and include:

  • Four night accommodations at the Scottsdale Resort & Conference Center
  • Upper level end zone Super Bowl XLII game tickets
  • Roundtrip game day transfers from hotel to the University of Phoenix Stadium
  • Game Day Cocktail party with former NFL great
  • Admission to NFL Experience
  • Official Super Bowl Souvenirs

A single ticket on StubHub starts at $3,050 and go up to $15,000. Wow.


RazorGator - Buy Hard-To-Get Tickets

RazorGator

End zone tickets start at $2,682 each and go up to $7,728 for 30-50 yard line sections. Anyone want to buy me a ticket yet?

TicketsNow

Tickets to the big game range from $2,916 to over $31,900 for a spot in a fully-catered 24-person suite on the 25 yard line.

Ticket City

Hospitality packages are going for $4,667 to $16,250 each. Tickets range from $2,995 to $9,850.

SUMMARY (cheapest tickets available…obviously this could will change)

These prices may have changed by the time you read this post, so don’t hold that against me please. Enjoy the weekend!

Business is Good for Boston Sports Teams

Found this in the Boston Globe:

Since Game 4 of the ALCS, when the Red Sox were down 3-1 to the Indians, the Sox, Pats and Celts have a combined record of 43-3. The three losses have been by one point, in OT and two points on a (totally valid) call with one-tenths of a second left in a tie game. That loss to the Detroit Pistons is the only time anyone has seen one of those three teams lost a game at home since October 17.

If you live in Boston you’re loving this. I wish I had a comparison of jersey sales before this streak and now. I’m no economist, but I think it’s safe to say sales of tickets, jerseys, merchandise and the always-important pride fans feel for their teams are up up up up in Boston right now.

They say winning can solve a lot of problems for a reason. It’s true.

Sports Business Carnival Number 6

Christmas Carnival

Happy Holidays and Merry Christmakwanzika! It’s time for the 6th edition of the Sports Business Carnival. Here’s what’s been going on in the world of sports business (or at least what we’ve been blogging about).

Toby Boyce presents, “What the Mitchell Report Teaches Us…” at Sadie’s Take. While it was obviously wrong for players to take PEDs and for baseball to look the other way, Toby compares the situation to the real estate boom, and how everyone tried to take advantage of it, often using questionable tactics.

Adam Swift from MMA Payout, discusses the two promotional models employed in MMA today: Exclusivity (UFC) vs. co-promotion (used by pretty much every other group/entity). The potential Couture-Fedor fight could potentially turn the UFC’s model upside down (Couture is under contract with UFC but wants to fight Fedor, who is with M-1). If the UFC doesn’t work out a deal with M-1 and the fight happens without the UFC, this could definitely have some interesting implications.

At Sports Agent Blog, Jason Wulterkens discusses the two college coaches who received new contracts and major cash recently: Minnesota’s Tubby Smith and Arkansas’s Bobby Petrino. The post highlights some incentives and this provides a very interesting look into what makes up a the contract of a college coach (Tubby Smith in particular).

Sports Media Watch provides us with a reason not to place Google ads on your site—you can’t fully control them. In an article on CNN about steroids, visitors were shown ads for steroid-related websites, since Adwords tries to match ads to content to display results. Nice job, CNN. (note to self-reexamine how my site is using Google Adwords…)

Regardless of what you may think about Roger Clemens being named in the Mitchell Report, Brian Berger of Sports Business Radio presents us with a story about something that can’t be argued: Clemens has made a ton of money in his career. Depending on how everything plays out, Berger says Clemens may have traded a spot in the Hall of Fame for all his millions.

CNBC’s Darren Rovell gives us an interview with MLB President and COO Bob DuPoy, who answers questions about the Mitchell Report and how baseball will move forward.

Joe Favorito of Sports Marketing and PR Roundup gives us his thoughts on the media’s coverage of the Mitchell Report, as well as some lessons and best practices that we can see from a PR standpoint.

There’s a great quote on Money Players by Baron Davis, who talks about how he’s learned about how to deal with the pressures of being an affluent athlete and still trying to keep it real with people in his community. While it’s probably easier said than done, more athletes should try to surround themselves with people who challenge their way of thinking, rather than “friends” who just want to party and have fun.

I recently released a list of 50 sports social networking websites. Check them out and let me know what you think about niche sites. What do you think their long-term viability is? Also, let me know if I’ve missed any.

The Sports Business Carnival will take a break for the holidays and see you back here on January 7th for the next edition. Stay tuned for an announcement about how you can submit an article and be a part of the round-up.

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