Huddle Up is a 3x weekly newsletter that breaks down the business and money behind sports. If you are not already a subscriber, sign up and join 100,000+ others who receive it directly in their inbox each week. Today At A Glance: The NFL season kicks off with a Thursday Night Football game between the reigning Super Bowl Champion Kansas City Chiefs and the rising Detroit Lions. So today’s newsletter will serve as a “state of the union”-style review of the Shield’s business, including where it’s at, new developments for the 2023-24 season, and all things NFL.
We all know the driver in increased value of sports TV time and the teams and the players is based on huge increase in the money spent on legal gambling worldwide. So the big story which is never written or gets very little exposure (just like the tiny short blurbs on TV warning about gambling addiction, adds nobody can read) are about the losers . Gambling addiction is huge . Is this good or bad ?
How The NFL Became A $20 Billion Annual Business
We all know the driver in increased value of sports TV time and the teams and the players is based on huge increase in the money spent on legal gambling worldwide. So the big story which is never written or gets very little exposure (just like the tiny short blurbs on TV warning about gambling addiction, adds nobody can read) are about the losers . Gambling addiction is huge . Is this good or bad ?
Very interesting to see the franchise valuations!