Image: NBA
Pro basketball has a new star attraction – and we’re not just talking about Victor Wembanyama. Tonight, the NBA’s inaugural “In-Season Tournament” officially tips off.
How it works…
What’s at stake: Tournament games count towards each team’s regular-season record – with the exception of the championship game. And players can also earn some ca$h money. Depending on where their teams finish, athletes will be awarded between $50,000 (for making it to the quarterfinals) and $500,000 (for winning the tourney).
The NBA is hoping this in-season tournament will drive more eyeballs and revenue. From newly designed courts created to catch the eye of channel-flippers to the timing of the tournament, everything is being geared towards boosting regular season numbers. NBA playoff basketball averages 244% more viewers than your average regular season NBA game (5.47 million vs. 1.59 million). And another wrinkle: The league is currently negotiating new media-rights deals, which will go into effect after the 2024-25 season.
🎓💰 The top college athletic conferences are calling for new federal legislation that regulates how student-athletes can profit off their name, image, and likeness.
🖥️🏀 TNT Sports and Cosm, an immersive tech company, yesterday announced a partnership that aims to turn select live sporting events into a “Ready Player One”-type experience similar to the Vegas Sphere.
⛳ Emerging brands are attempting to bridge the so-called “gap in golf” that exists between upscale country clubs and entertainment venues like Topgolf.
Let's make our relationship official, no 💍 or elaborate proposal required. Learn and stay entertained, for free.👇
All of our news is 100% free and you can unsubscribe anytime; the quiz takes ~10 seconds to complete