Uncategorized Archives - Front Office Sports

Empty Shelves

By Pat Evans

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Minority shareholders look to sell team stakes.

Amazon has pulled merchandise for the Washington, D.C. NFL team from its website as pressure to drop the Redskins moniker continues to increase. Other retailers including Walmart, Nike, and Target have also said they would stop selling the merchandise. Fanatics, which also operates NFLShop.com, will continue to sell the gear. The NFL team is likely to change its name in the coming weeks, and reports suggest there will be no Native American imagery in a new logo. Along with a […]

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By Pat Evans

Cutting Ivy

By Pat Evans

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The Ivy League is the first college conference to cancel fall sports.

The Ivy League has canceled fall sports competitions as the coronavirus pandemic continues. The league reportedly won’t entertain starting any sports until after January 1, 2021 – which means basketball won’t start as scheduled, if at all. “As athletics is expected to operate consistent with campus policies, it will not be possible for Ivy League teams to participate in intercollegiate athletics competition prior to the end of the fall semester,” the conference said in a release. The Ivy League will […]

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By Pat Evans

Manning’s Place

By Pat Evans

This article was first published in the FOS Daily Newsletter.Subscribe here.
Patrick Mahomes was No. 3 on the list.

Despite not playing in four years, Peyton Manning still brings in the most dollars from marketing and royalties. Manning earned roughly $3.4 million in the year ending on Feb. 29, according to the NFL Players Association’s annual report to the Department of Labor. The report highlights how much players earn from group licensing, which are deals with six or more players. The bulk of that money comes from companies like Electronic Arts, Nike, Fanatics, and Panini. The fact that Manning […]

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By Pat Evans

College Roundup

By Pat Evans

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UNC and Ohio State postpone voluntary football workouts.

Stanford cut 11 varsity sports Wednesday, joining a growing list of universities to eliminate athletic programs. The cuts will come at the end of the 2020-21 academic year and include: men’s and women’s fencing, field hockey, lightweight rowing, men’s rowing, co-ed and women’s sailing, squash, synchronized swimming, men’s volleyball, and wrestling. The school said funding 36 athletic teams was “not sustainable.” Before the pandemic, Stanford already projected a $12 million deficit, which ballooned to a best-case $25 million deficit once […]

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By Pat Evans

Sports Get PPP Assist

By Pat Evans

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The PLL, Big 3 Basketball, NWSL and Major League Rugby all qualified.

More than 500 sports organizations were awarded money through the Paycheck Protection Program, according to data released Monday that disclosed all recipients that were awarded more than $150,000. No teams from the NFL, NBA, MLB, and NHL were on the list. Leagues — Big 3 Basketball: $1.6 million; returned $700,000 — Major League Rugby: $1 million to $2 million — NWSL: $1 million to $2 million — Premier Lacrosse League: $1 million to $2 Million MLS Teams — D.C. United: […]

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By Pat Evans

WNBA Stands Up

By Pat Evans

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WNBA players will wear warmup shirts with social justice messaging.

Atlanta Dream co-owner and U.S. Sen. Kelly Loeffler has come under fire for asking the league and WNBA Commissioner Cathy Engelbert to step back from its plans to promote social justice causes when it tips off this month. Loeffler said the league’s plan of promoting the Black Lives Matters movement and the ‘Say Her Name’ campaign “sends a message of exclusion.” Loeffler’s comments quickly were met with opposition from players. Engelbert and the league released a statement in response on […]

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By Pat Evans

Under Armour Clearance

By Pat Evans

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Under Armour purchased the MyFitnessPal app in 2015.

Under Armour is looking to sell the MyFitnessPal app. The apparel company bought the app for approximately $475 million in 2015 as it looked to continue building out a suite of fitness apps and platforms that included MapMyFitness and Endomondo. That app ecosystem was supposed to provide UA ‘unparalleled data and insight’ into athletes while forming deeper relationships with customers. While the company saw an 8.9% uptick in revenue in the first quarter this fiscal year from its connected fitness […]

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By Pat Evans

Cashing In

By Pat Evans

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Patrick Mahomes has signed a 10-year deal worth up to an estimated $503 million.

Super Bowl MVP Patrick Mahomes now has the largest contract in sports history, signing a 10-year extension with the Kansas City Chiefs worth up to an estimated $503 million. The new deal will go into effect in 2022 as Mahomes currently has two years and $27.6 million left on his existing contract. The $150 million in guaranteed money, however, is less than MLB players Mike Trout, Bryce Harper, Manny Machado, and Gerrit Cole will receive. Trout, the 28-year-old Los Angeles […]

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By Pat Evans

Back On The Ice

By Pat Evans

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The return to play agreement also comes with a six-year CBA extension.

The NHL and NHL Players Association have agreed to protocols to open training camps and resume the season in Toronto and Edmonton. A new six-year Collective Bargaining Agreement extension was also agreed upon. Among The Details: — Teams will have 52 people in the bubble, including owners, players, coaches, executives and staff. Each team also needs at least one physician, one compliance officer, and one content creator/social media member. — COVID-19 testing will occur daily for everyone in the team […]

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By Pat Evans

Coronavirus Testing

By Pat Evans

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FC Dallas won’t participate in the MLS is Back Tournament.

FC Dallas has pulled out of the MLS is Back Tournament, which is set to begin Wednesday. Since arriving in Orlando for the tournament last week, ten players and a coach have tested positive for COVID-19. Previously, the team’s first match against Vancouver had been postponed. Monday also brought news that reigning MLS MVP, LAFC forward Carlos Vela, will not participate in the tournament citing health risks. Around The Leagues: — MLB and MLBPA announced its first set of test […]