Editorial director of news @fos.
NYC
Joined October 2009
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Lisa Scherzer retweeted
EXCLUSIVE: Saquon Barkley was forced to divest his equity stake in Polymarket bc players cannot invest in or endorse betting or prediction-market companies under NFL rules.
“I was in it before, but no bueno," Barkley told @FOS.
Story with @readDanwrite:
frontofficesports.com/articl…
“If another public company did this, they’d likely have a page or two of disclosure around how they came to that figure.” In Dolan’s case, there were two sentences.
James Dolan just got $10M richer thanks to his work in separating the Knicks and Rangers into separate publicly traded companies.
An executive compensation expert tells @FOS such awards aren't uncommon, but $10M is pretty high.
“It’s a healthy award.”
frontofficesports.com/articl…
Golf & tennis growing big in youth sports: Golf’s core participation from 2019–25 increased by 55% among youth ages 6-12 and 73% for ages 13-17. Tennis participation increased by 72% among youth ages 6-12 and by 46% for ages 13-17, acc to new Aspen Inst report.
Ahead of World Series Game 4, $10 parking vouchers for the Brewers watch party at American Family Field are selling for $80 or more on the resale market @FOS
frontofficesports.com/articl…
Nike – whose largest retail partner is Dick/s'Foot Locker – plans to significantly pull back on Jordan brand allocations to help it return to premium positioning. BNP Paribas says: 'Our base case assumes a 30% Jordan decline at Foot Locker in F27, leading to a ~$550M sales hole out of $7B that will need to be filled.'
Prediction market companies are now invited to the NBA
NEWS: The NBA is officially in the prediction-market business.
Kalshi & Polymarket are "preferred" partners.
DraftKings, already a sportsbook partner, is expanding its deal to include PMs.
Others will be named "in the coming weeks."
Story @FOS:
frontofficesports.com/articl…
Lisa Scherzer retweeted
The Knicks respond to reports that they sent a fake phishing email to MSG employees promising a championship ring:
"Using the rings as a lure to gain employees attention was an unfortunate mistake."
James Dolan used the promise of Knicks championship rings to test employees’ cybersecurity awareness, sources tell The Athletic.
Those who clicked the fake offer for complimentary rings were forced to attend a mandatory cybersecurity class.
Free to read: nyti.ms/4i3iIVT
Amid an increasingly promotional US wholesale environment, DECK CEO said on earnings call they're not going that way: "I assure you, we will compete aggressively, but we are not participating in a race to the bottom."
DECK revenue still missed Wall St expectations & it lowered full year guidance; shares dropped. Evercore analysts: "We think it was prudent to lower the FY27 Hoka outlook amid an ongoing drumbeat of cautious discounting comments from peers. And DECK avoided a bigger bear case again by holding profitability together"
DECK revenue still missed Wall St expectations & it lowered full year guidance; shares dropped. Evercore analysts: "We think it was prudent to lower the FY27 Hoka outlook amid an ongoing drumbeat of cautious discounting comments from peers. And DECK avoided a bigger bear case again by holding profitability together"
The maker of Hoka and Ugg brand footwear reported record revenue for the second quarter. trib.al/yn5hnVf
mmmkay
At @nextpredictio conference, top Polymarket lawyer @livchalos says political candidates betting on their own races technically “is not insider trading” — but still violates Polymarket rules, because candidates can manipulate the market by influencing the outcome.
BNP Paribas analyst on Nike CFO group meeting: We observe that Nike’s investor relations website recently changed its tagline from “Nike is a growth company” to “Nike is a sport company”. 👀
Lisa Scherzer retweeted
SCOOP: The CFTC ordered Novig and ProphetX not to list certain sports event contracts they've self-certified and wants them to explain why the markets should be allowed, @FOS has learned.
“It’s kind of a warning shot” to prediction markets a source says.
frontofficesports.com/articl…
Jefferies analysts met with new Nike CFO David Denton and write a note titled "On NKE We Say Just BUY It"... "We liked his approach of optimal transparency and realistic grounding when he provided the Street F'27 guidance with F1Q results"
Concerns about Hoka ahead of DECK earnings from Evercore analysts: "Our concerns that Hoka’s core US rev growth could be sustainably slower haven’t diminished, potentially putting guidance for total FY27 Hoka revenue growth at risk"... "Our US checks on Hoka have been sluggish lately with the Clifton 10 still discounted in key channels since Memorial Day."
A spokesperson for Batesville Casket Company, which provides caskets and cremation urns, said: “Families today want a memorial that reflects who their loved one really was, and for many people, a favorite team is a big part of that identity.”
Today at @FOS, we're exploring the business of die-hard fandom—literally
The Jacksonville Jaguars have enlisted a company called Eternal Fan as their "official fan memories partner." As part of the deal, Eternal Fan is creating a roughly 14-foot-by-14-foot installation that will be placed on the plaza outside the team’s “Stadium of the Future,” currently under construction and slated to open ahead of the 2028 NFL season
Fans can purchase dedicated space within the memorial to store memorabilia and personal items, including — yes — sealed cremains
Fans can purchase dedicated space within the memorial—dubbed the 904Ever Club, a nod to Jacksonville’s area code—to store memorabilia and personal items, including sealed cremains. @FOS
frontofficesports.com/articl…
Excluding the tariff refund, Adidas's gross margin would have been flat, says Telsey Advisory analysts